The Royal Hong Kong Golf Club was formed on Friday 10th May 1889 by "thirteen golfing enthusiasts". This group had difficulty finding any open land suitable for golf, but eventually obtained permission to play at Happy Valley. This area was used for football, polo, hockey and military parades, so the golfers had to take their turn at using the ground. Due to the other uses they were not permitted to construct bunkers, greens and tees. However, this was overcome by putting down nets for bunkers, whilst granite setts were used for the hole. | |||
By 1891 the membership had grown to over 100, so a small shed was built as a Clubhouse where refreshments were served. Due to the "crowded conditions", from 1896 the ladies were only permitted to play golf on a very restricted basis. As the pressure on starting times grew, the Captain and Club officials were forced to find an additional location. They found Deep Water Bay, which besides providing an area for a small course also provided perfect bathing. | |||
The Club then gradually moved from strength to stength. The Old Course was laid by the end of 1911 and additional land was acquired in the late 1920's for the New Course which was opened for play in November 1931. The end of the War saw the Club virtually bankrupt with the courses at Fanling and Deep Water Bay in very poor condition. However, things moved ahead with strong support from members and local companies, to the extent that a third course, the Eden, was added in 1970. | |||
The quality of The Hong Kong Golf Club is such that it has been the home of The Hong Kong Open since the tournaments' inception, boasting Champions with internationally famous names, such as Peter Thomson (1960, 1965 and 1967), Mr Lu Liang-Huan (1959 and 1974), Tom Watson (1992) and Jose-Maria Olazabal (2001). The Club hosted the Eisenhower and Espirito Santo Trophies in 1984, and in recent years was chosen as the site for the Asian Zone qualifying rounds for the Dunhill Cup. The first Johnnie Walker Classic in Asia was played here in 1990, won by Nick Faldo after shooting a course record 62. Not to be outdone, Bernhard Langer shot a 63 in winning the Hong Kong Open the following year. The Club celebrated its Centenary in 1989 and has entered its second hundred years recognised as one of the leading golf clubs worldwide. In 1996, at the annual General Meeting of the Club, the Royal nomenclature was dropped. The Club is now known as The Hong Kong Golf Club. |
2009年7月11日星期六
The Hong Kong Golf Club
Made in Hong Kong film fest starts tonight
Brian Papajcik The Smithsonian Institute's Freer and Sackler galleries will kick off its 14th Annual Made in Hong Kong film festival tonight with a 7:00 p.m. screening of Sparrow, a noirish comedy from director Johnnie To. Hong Kong cinema burst into the American consciousness in the early 1990s with film festival favorites like Wong Kar-Wai's Chungking Express and In the Mood for Love. Filmmakers like Quentin Tarantino endorsed these films as among their favorites and the loyal followers of these auteurs similarly indulged. Many films from Hong Kong filmmakers have been slated to be remade in Hollywood. The most notable of these is probably Martin Scorsese's The Departed, a remake of Andrew Lau and Alan Mak's Infernal Affairs trilogy. American audiences are also familiar with directors John Woo (Hard Boiled, Face/Off) and Stephen Chow (Shaolin Soccer, Kung Fu Hustle), and actors Jackie Chan and Jet Li. The festival offers a variety of genres throughout its run. All films are shown in the Meyer Auditorium at 7:00 p.m. on Fridays and 2:00 p.m. on Sundays. Screenings are free, but tickets are required and may be picked up from the theater an hour before the show.
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2009年7月10日星期五
Made in Hong Kong film fest starts tonight
Brian Papajcik The Smithsonian Institute's Freer and Sackler galleries will kick off its 14th Annual Made in Hong Kong film festival tonight with a 7:00 p.m. screening of Sparrow, a noirish comedy from director Johnnie To. Hong Kong cinema burst into the American consciousness in the early 1990s with film festival favorites like Wong Kar-Wai's Chungking Express and In the Mood for Love. Filmmakers like Quentin Tarantino endorsed these films as among their favorites and the loyal followers of these auteurs similarly indulged. Many films from Hong Kong filmmakers have been slated to be remade in Hollywood. The most notable of these is probably Martin Scorsese's The Departed, a remake of Andrew Lau and Alan Mak's Infernal Affairs trilogy. American audiences are also familiar with directors John Woo (Hard Boiled, Face/Off) and Stephen Chow (Shaolin Soccer, Kung Fu Hustle), and actors Jackie Chan and Jet Li. The festival offers a variety of genres throughout its run. All films are shown in the Meyer Auditorium at 7:00 p.m. on Fridays and 2:00 p.m. on Sundays. Screenings are free, but tickets are required and may be picked up from the theater an hour before the show.
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Hong Kong Disneyland expansion financing approved
A Hong Kong legislative committee today approved the financial terms for a major expansion of Hong Kong Disneyland, representing another milestone in plans to add three new areas to the park by 2014. Disney will invest about $448 million in the construction and swap its outstanding loans totaling about $353 million into additional equity in a joint venture company, Hong Kong International Theme Parks. The Hong Kong government will retain the majority ownership in the venture, however. The deal would expand the park by increasing the number of theme areas to seven from four over the next five years, tackling criticism that the world's smallest Disneyland did not offer enough attractions. Two themed areas — Grizzly Trail and Mystic Point — will be exclusive to Hong Kong, and a third, Toy Story Land, will be the only attraction of its kind in Asia for the first five years after its opening. "This substantial investment represents our continued commitment to and confidence in Hong Kong Disneyland and solidifies our partnership with the Hong Kong government, helping assure the resort's long-term success," said Jay Rasulo, chairman of Walt Disney Parks and Resorts. The announcement comes at a time when Hong Kong Disneyland could soon face a major competitor in Shanghai, which is still in negotiations with Burbank-based Disney to open a much larger $3.59-billion theme park as early as 2014. — Dawn C. Chmielewski Photo: Mickey Mouse wears a Chinese New Year costume and hits the drum during a parade at Hong Kong Disneyland. Credit: Ym Yik / EPA |
2009年7月9日星期四
MHCB Hong Kong To Provide RMB-Denominated Trade Transactions
Staff Reporter Mizuho Corporate Bank's (MHCB) Hong Kong Branch concluded an agreement with the Bank of China (Shanghai Branch) concerning the opening of trade settlement accounts to handle RMB-denominated trade settlement transactions. |
Hong Kong SFC Bans Ex-Goldman Banker For 2 Yrs On Unauthorized Trade
Dow Jones Hong Kong's securities regulator said Thursday it banned a former Goldman Sachs Group Inc. (GS) private banker from the local industry for two years, after she admitted entering into a transaction for her client without consent. The Securities and Futures Commission said in a statement Ronnie Wong entered into a transaction involving accumulators on behalf of her client without the client's knowledge and authorization. The transaction, which had a total exposure of HK$13.8 million, was entered into in November 2007. Wong's client complained to the SFC about the unauthorized trade in March 2008. A person familiar with the situation on Thursday identified Wong's client as Joyce Tsang, founder of cosmetics and beauty-products retailer Modern Beauty Salon Holdings Ltd. (0919.HK). An accumulator is a financial derivative product used to accumulate positions of underlying assets such as stocks and currency over time. Dozens of Hong Kong investors complained to regulators and legislators about the misselling by investment banks of accumulators after they lost money in those financial products as the global financial crisis unfolded last September. In reaching its decision to ban Wong, the SFC said it took into account Wong's cooperation with the SFC investigation, and that she didn't intend to mislead her client. Wong couldn't immediately be reached for comment. -By Jackie Cheung, Dow Jones Newswires; 852-2802-7002; jackie.cheung@ dowjones.com
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US Treasury official presses Hong Kong bankers to help curb NKorean bank access
JEREMIAH MARQUEZ, AP Business Writer A top U.S. Treasury official met with Hong Kong regulators and bankers Thursday as part of an effort to keep North Korea from using the international financial system to fund its nuclear program and other illicit activities. The authority refused to release details of the talks. Levey traveled to China and Hong Kong this week to gain support for U.S. initiatives to curb North Korea's access to banks and businesses to buy and sell missile and nuclear technology. He arrived Monday in China and was meeting with government officials and private sector executives Wednesday through Friday.Levey was also meeting with executives from HSBC, the giant London-based lender with major operations in Hong Kong and elsewhere in Asia, according to a person familiar with the matter. The person spoke on condition of anonymity because of the sensitivity of the situation. The meeting was "to remind people that there are regulations," the person said. However, at least one Hong Kong-based bank, the Bank of East Asia, declined to meet with Stuart. "He requested a meeting with us, but unfortunately we were not able to meet with him," said the bank's chief executive, David Li. "We have nothing to do with North Korea." A Treasury spokesperson did not immediately return a message seeking comment. The international community has been struggling to rein in North Korea since the reclusive totalitarian state conducted a nuclear test in May. The U.N. Security Council last month adopted tougher new sanctions, which North Korea defied last week with missile launches. U.S. officials have gone after North Korea's funding before. In 2005, the U.S. imposed financial restrictions on Banco Delta Asia, a bank near Hong Kong in the Chinese territory of Macau, over allegations it helped North Korea with money laundering and other illicit activities. The move effectively cut Pyongyang off from the global financial system, analysts say, because banks in other countries, including North Korean ally China, did not want to jeopardize access to the U.S. financial system. The restrictions were lifted in 2007 to nudge North Korea back to stalled nuclear talks.
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2009年7月8日星期三
W Hotel sold to Hong Kong company
James Temple Starwood Hotels & Resorts Worldwide Inc. has agreed to sell the W Hotel in San Francisco to a Hong Kong investment company for $90 million, representing a more than 50 percent drop from peak hospitality property values set two years ago. |
Hong Kong human swine flu cases exceed 1,000, government says
James Peng | Bloomberg Hong Kong's human swine flu cases surpassed 1,000 Tuesday after 41 new cases were reported, the city's Department of Health said in a statement on the government Web site. The Asian city has 1,014, the release said. |
Las Vegas Sands May Raise $2 billion in Hong Kong
Frederik Balfour Sheldon Adelson’s Las Vegas Sands (LVS) could raise $2 billion to finance its Macao operations through a Hong Kong IPO soon, said Michael Leven, company president and CEO. He told Bloomberg today in an interview in Singapore that the company will decide this month whether to list its shares. |
2009年7月7日星期二
AIA Appoints Jacky Chan As Hong Kong
HONG KONG -(Dow Jones)- American International Assurance Co., the Asian life insurance unit of American International Group Inc. (AIG), has appointed Jacky Chan as chief executive of its Hong Kong and Macau operations, a person familiar with the situation said Tuesday. Chan, currently chief executive of AIA's mainland China operation, will replace Derek Yung, the person said, adding that the effective date of the appointment will depend on regulatory approvals. Chan will step down as chief executive of the mainland operation when his appointment is approved, the person said. Chan, who was born in Hong Kong, joined AIA in 1988, the person added, without giving further details. AIA is mulling a public listing in Asia as part of AIG's efforts to repay a government bailout. -By Aries Poon, Dow Jones Newswires; 852-2832-2332; aries.poon@dowjones.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it |
HK stocks climb 0.7 pct
HONG KONG (Reuters) - Hong Kong shares gained 0.7 percent as investors bought selectively, even as the lack of conviction in a global economic recovery kept turnover thin.
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BOC Investment To Buy Shares In BBMG Hong Kong IPO
HONG KONG -(Dow Jones)- China Life Insurance Co. (LFC) and a unit of Bank of China Ltd. (3988.HK) will each subscribe to US$50 million worth of shares in BBMG Group Corp.'s Hong Kong listing as cornerstone investors, a person familiar with the situation said Tuesday. China Life is the country's biggest life insurer by premiums, while Bank of China Group Investment Ltd., or BOC Investment, is a Hong Kong-based investment management company wholly owned by Bank of China. BBMG, a building materials producer, recently started pre-marketing its US$700 million initial public offering, people familiar with the situation said Monday. The Beijing-based company plans to sell 933 million shares, or 25% of its enlarged share capital, to fund its expansion plans and replenish working capital, one of the people said. BBMG plans to start bookbuilding July 13 and list on the Hong Kong bourse July 29, another person said. J.P. Morgan Chase & Co. (JPM), Macquarie Group Ltd. (MQBKY), and UBS AG (UBS) are the underwriters of the IPO, the people familiar with the situation said Monday. -By Jeffrey Ng, Dow Jones Newswires; 852-2802-7002; jeffrey.ng@dowjones.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it |
Hong Kong Confronts Youths' Abuse of Animal Tranquilizers
Reuters - Students exchange food during lunch at the Christian Zheng Sheng College, a drug rehabilitation center, on Hong Kong's Lantau Island. The use of psychotropic drugs has soared in Hong Kong in recent years. The primary drug being abused is ketamine, an animal tranquilizer that is produced illegally in China and Hong Kong. |
2009年7月6日星期一
Hong Kong Jails Man for 3 years for participating in Martin Lee Plot
Ho Wai-Kam who testified against a Chinese national in prison for plotting to shoot former Hong Kong Democratic Party Chairman Martin Lee, was today jailed for 3 years in the possession of a firearm without a license. |
Amherst Holdings, LLC opened presence in Hong Kong
Amherst Holdings, LLC, a leading financial services provider for institutional investors in the mortgage industry, announced today that it has established a new subsidiary in Hong Kong, Amherst International Limited (AIL). The company was formed to provide the business with institutional investors throughout Asia and the leverage effect Amherst knowledge of fixed income securities, particularly in the Residential Mortgage-Backed Securities (RMBS). Through its new subsidiary, Amherst is a deepening of relations with its global customers and offer them better access to its disciplined investment approach and leading analytics. The establishment of Amherst International marks Amherst’s first international venture. AIL is veteran banker Paul Kan, the company as CEO. Mr Kan to Amherst from Lehman Brothers' Hong Kong office, where he worked for several years as Senior Vice President and senior trader of mortgage-backed securities and securitized products for Asia. During his time at Lehman, Mr. Kan was responsible for trade and the coordination the implementation of MBS trading with Lehman's New York trading desks. Prior to joining Lehman, Mr. Kan was a member of the Mortgage Trading Group at Donaldson, Lufkin & Jenrette, where he structured and traded agency and non-GMO agency in New York. He studied at the Massachusetts Institute of Technology with a Bachelor of Science in mathematics and political science. “Establishing a presence in Hong Kong is an important and exciting milestone for Amherst and one that we have been eagerly anticipating,” said Sean Dobson, Chief Executive Officer of Amherst Holdings. “We see a tremendous potential to grow our business in Asia and establishing a presence in Hong Kong gives us an important inroad into that market. Our clients in Asia will benefit from Amherst’s superior analytic research and our extensive experience with the RMBS market. Paul brings impressive fixed-income experience and an incredible knowledge of the investor landscape in Asia. In Paul, Amherst’s customers in Asia will find a dependable professional with extensive capabilities and access.” From his office in Pacific Place Three on Queens Road East Hong Kong, Amherst International will focus on facilitating securities transactions in the United States between the Asian and Amherst the broker-dealer, affiliate, Amherst Securities Group, LP. AIL has licenses from the Hong Kong Securities and Futures Commission. The firm expects additional sales to customers throughout Asia, with emphasis on China, Taiwan and Japan. The establishment of the Hong Kong company comes at a time of great momentum in Amherst, which has grown steadily in recent months, after the opening of additional offices in the United States and attracting some of the top sellers, traders and analysts in the industry for RMBS the company. |
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