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Author Archives: hksar gov

Appointments to SFC Advisory Committee

     The Government announced today (April 26) that the Financial Secretary, Mr Paul Chan, under the authority delegated by the Chief Executive, has appointed five new members and re-appointed seven serving members to the Advisory Committee of the Securities and Futures Commission (SFC). All appointments are for a term of two years, from June 1, 2019, to May 31, 2021.
 
     The membership of the SFC Advisory Committee of the new term is as follows –
 
New appointees
——————
Mr Freeman Chan Yuk-sing
Ms Winnie Pun Wing-nin
Ms June Wong Wai-man
Ms Catherine Yien Yu-yu
Mr Yim Lok-kui
 
Re-appointed members
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Professor Chan Ka-lok
Mr Jeffrey Chan
Ms Ding Chen
Mr David Graham
Mrs Ann Kung Yeung Yun-chi
Dr Tan Yue-heng
Mr Yin Ke
 
     A government spokesman said, “The Advisory Committee of the SFC comprises practitioners from different professions. They possess operational experience and professional knowledge about the financial markets. We are confident that they will provide independent and professional advice to the SFC on matters related to the SFC’s policy and market regulation.”
 
     The spokesman also paid tribute to the outgoing members, namely Dr Au King-lun, Ms Prudence Ann Bennett, Ms Wei Sun Christianson, Mr Mark Graham Shipman and Mr Richard David Winter, for their valuable contribution.
 
     The Advisory Committee of the SFC was established under Section 7 of the Securities and Futures Ordinance to advise the SFC on policy matters regarding its regulatory objectives and functions.
 
     In addition to the 12 appointed members, the Advisory Committee of the SFC comprises the Chairman, Chief Executive Officer and two Executive Directors of the SFC. read more

Grading of beach water quality released

     The Environmental Protection Department (EPD) today (April 26) released the latest grading of water quality of 38 gazetted beaches that are open for swimming and one non-gazetted beach (i.e. Discovery Bay*).

     Twenty-three beaches were rated as good (grade 1), 15 as fair (grade 2) and one as poor (grade 3).
 
Grade 1 beaches are:

Cafeteria New Beach Ma Wan Tung Wan Beach
Chung Hom Kok Beach Middle Bay Beach
Clear Water Bay Second Beach Pui O Beach
Deep Water Bay Beach Repulse Bay Beach
Discovery Bay South Bay Beach
Hap Mun Bay Beach St Stephen’s Beach
Hung Shing Yeh Beach Stanley Main Beach
Kiu Tsui Beach Tong Fuk Beach
Kwun Yam Beach Trio Beach
Lido Beach Turtle Cove Beach
Lo So Shing Beach Upper Cheung Sha Beach
Lower Cheung Sha Beach  
 
Grade 2 beaches are:
Anglers’ Beach Golden Beach
Approach Beach Hoi Mei Wan Beach
Big Wave Bay Beach Kadoorie Beach
Butterfly Beach Shek O Beach
Cafeteria Old Beach Silver Mine Bay Beach
Casam Beach Silverstrand Beach
Cheung Chau Tung Wan Beach Ting Kau Beach
Clear Water Bay First Beach  
 
Grade 3 beach is:
Castle Peak Beach  
 
*Discovery Bay is a non-gazetted beach without lifeguard service.
 
     Compared with the grading released last week, Cheung Chau Tung Wan Beach, Clear Water Bay First Beach, Golden Beach, Kadoorie Beach, Shek O Beach, Silver Mine Bay Beach and Silverstrand Beach have been changed from grade 1 to grade 2.

     “The changes are generally within the normal range of fluctuation of the bacteriological water quality of the beaches,” an EPD spokesman said.

     Under the present grading system, beaches are classified into four grades according to the level of E. coli in the water. Grades are calculated on the basis of the geometric mean of the E. coli counts on the five most recent sampling occasions.

     While the ratings represent the general water quality at the beaches, the EPD spokesman reminded members of the public that water quality could be temporarily affected during and after periods of heavy rain. Bathers should avoid swimming at beaches for up to three days after a storm or heavy rainfall.

     A summary of beach grades is published weekly before the weekend. Latest beach grades based on the most current data may be obtained from the department’s website on Beach Water Quality (www.epd.gov.hk/epd/beach) or the beach hotline, 2511 6666. read more