â€‹Two annual marine pollution response joint exercises, code-named Oilex 2018 and the Maritime Hazardous and Noxious Substances (HNS) Exercise 2018, were conducted by various government departments this morning (November 6) off Pearl Island, Tuen Mun, to test their marine pollution responses in the event of a spillage of oil and HNS in Hong Kong waters.
      
     In the test scenario, an oil tanker collided with a container vessel, leading to fuel oil leaking from the tanker and five containers loaded with acetone solution falling into the sea. The five containers drifted in the nearby waters and leaked acetone solution. In the joint exercises, response groups were tasked to contain and clean up the spilled oil and chemicals to prevent damage to the environment and nearby facilities.
      
     In the exercises, various participating parties took a series of simulated response actions. On the tanker anchored to the south of Pearl Island, a salvage team transferred fuel oil from the damaged tank and patched up the leak so as to stop further oil leakage at source. At the same time, an oil combat team deployed floating barrier booms to encircle the tanker and set up barrier booms near the tanker to prevent the spill from spreading. The exercise also simulated the spraying of oil dispersant and sea water from pollution control vessels and a Government Flying Service (GFS) helicopter onto oil on the sea surface, as well as the use of oil skimmers and other equipment. Simultaneously, a shoreline cleaning team conducted a shoreline oil clean-up drill at a beach to the east of Pearl Island.
      
     In combating the simulated HNS spill, the response groups lifted the damaged containers out from the sea, and sprayed seawater on the sea surface to disperse the plume caused by the acetone solution and expedite the dilution of acetone solution.
      
     The joint response exercises were co-ordinated by the Marine Department (MD) and the Environmental Protection Department. The participating government departments and organisations included the Fire Services Department, the GFS, the Hong Kong Police Force, the Government Laboratory and the Civil Aid Service, as well as several oil companies and Hong Kong Response Limited.
      
     The response exercises not only provided hands-on experience for response members, but also helped relevant parties to adopt an effective emergency response strategy for preventing pollution according to the properties and extent of the spilled substances.

        

The following is issued on behalf of the Hospital Authority:

     Regarding an earlier announcement on a cluster of patients infected with Parainfluenza Virus Type 3 in a female ward for severe intellectual disability, the spokesperson for Siu Lam Hospital made the following update today (November 6):
 
     One more 54-year-old patient in the ward has presented with respiratory symptoms. Appropriate viral tests were arranged for the patient and the test results were positive to Parainfluenza Virus Type 3. The patient concerned is being treated under isolation and is in a stable condition.
 
     Admission to the ward has been suspended and restricted visiting has been imposed. Infection control measures have already been stepped up according to established guidelines. All other patients in the ward are under close surveillance.
 
     The case has been reported to the Hospital Authority Head Office and the Centre for Health Protection for necessary follow up.
 

     â€‹A recycler and a construction worker illegally disposed of commercial and industrial (C&I) waste and construction waste on Chun Pin Street and at the roadside of Castle Peak Road in Kwai Chung. They were fined a total of $9,500 by Fanling Magistrates' Courts today (November 6) for contravening the Waste Disposal Ordinance (WDO).

     An Environmental Protection Department (EPD) spokesman said that that during a blitz operation in mid-April this year, a staff member of a recycling company was caught by the EPD while depositing a stack of waste wooden pallets on the pavement of Chun Pin Street. EPD officers immediately intercepted him and prosecuted the manager of the recycling company.

     Separately, the EPD received a report from a member of public in late April this year that a large quantity of construction waste was deposited on the pavement of Castle Peak Road in Kwai Chung (near Po Kai Mansion). After investigation, the EPD confirmed that the construction waste came from the construction site of a nearby building. After evidence gathering, the EPD prosecuted the construction worker responsible.

     The EPD spokesperson reminded those from the recycling, renovation and construction sectors that C&I waste as well as demolished construction waste should be delivered to the Government's waste treatment facilities as required by the law. It is unethical and unlawful to dispose of waste in public places and on the roadside. Under the WDO, first-time offenders are liable to a maximum fine of $200,000 and six months' imprisonment.

  

     The "Seminar on 'Hong Kong's Experiences for International Trade': New Horizon·New Technology·New Model" jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC) was held successfully today (November 6) at the National Exhibition and Convention Center in Shanghai. The seminar was attended by more than 460 people, including representatives from Mainland provincial and municipal governments and enterprises in various industries. It was one of the major events organised by the HKSAR at the first China International Import Expo.

     The Secretary for Commerce and Economic Development, Mr Edward Yau, delivered an opening speech under the theme "Hong Kong – Gateway to the Country's Import and Export". He elaborated on Hong Kong's unique role as a gateway for the country's imports and exports. 

     He talked about three historic moments which made Hong Kong a gateway to the country's imports and exports. First, Hong Kong acted as the country's first gateway when it started reforms and opening up. Hong Kong entrepreneurs were the first batch of investors in the Mainland market. Hong Kong companies have since played an important role in the country's opening up. Second, the country's accession to the World Trade Organization in 2001 has led to further opening up of its market and increase of its external trade, consolidating Hong Kong's role as a trading centre. Third, the Belt and Road Initiative and development of the Guangdong-Hong Kong-Macao Greater Bay Area initiated by the country have made Hong Kong the best gateway and platform for Mainland companies to "go global".
 
     At the seminar, the Chairman of the Fung Group, Dr Victor Fung, delivered a keynote speech on the theme "Hong Kong's Experiences for International Trade – New Horizon·New Technology·New Model", and shared his opinions and insights on the global landscape and Hong Kong's unique role.

     The Executive Director of the HKTDC, Ms Margaret Fong, gave welcoming remarks. The Director-General of Trade and Industry, Ms Salina Yan, was the moderator for the panel discussion and question-and-answer session. Other participating speakers included Expert Partner of Sequoia China Fund, Mr Herbert Chia; the Chief Corporate Banking Officer of Bank of China (Hong Kong) Limited, Mr Lin Guangming; and Member of the Greater China Legal Affairs Committee of the Law Society of Hong Kong, Mr Lawrence Yeung. They briefed the participants on the latest industry developments in respect of technology application and financial and legal services, and spoke on how Hong Kong's service industries can help Mainland companies seize new opportunities and face challenges in international trade.

     Hong Kong Fintech Week came to an end on Friday (November 2) in Shenzhen, reflecting the key cross-border theme of the programme. The five-day event was packed with important announcements, presentations and panel sessions covering all key aspects of financial technology (fintech), and involved experts from around the globe and some of the world's biggest fintech companies. It all combined to set Hong Kong apart as a fintech leader in Asia.  
 
     Presented by Invest Hong Kong (InvestHK), Fintech Week drew more than 8,000 attendees from over 50 economies, more than 260 world-class speakers, 100 exhibitors, 60 start-ups and 1,000-plus business matching meetings. There were plentiful side events, including visits to innovation labs and education events organised by universities. The Week was truly global, featuring international pavilions hosted by Hong Kong, Ireland, Israel and the UK, and with trade delegations from Japan, Mainland China, Singapore, Korea, Spain, Switzerland and the US. The energy and the exchanges during the Week were unparalleled.
 
     The event has grown substantially larger in terms of attendance, exhibitors and venue size. The high-quality content and networking opportunities captured the attendees' imagination in the first two days with FinovateAsia and then in days three to five with the main conference programme organised by Finnovasia. On Friday in Shenzhen, delegates attended a short seminar cum luncheon with local business and government officials, plus fintech company visits to Tencent, WeBank and ZhongAn.
 
     The Government's strong backing for the fintech sector and the Week was evident in a keynote speech by the Financial Secretary, Mr Paul Chan. He highlighted the rapid growth of Hong Kong's fintech sector, including some of the very recent developments, reinforcing the message behind InvestHK's new tagline for Fintech HK: "Launch, Leap, Lead".   
 
     There were more than 300 reporter visits to Fintech Week over the five-day period, and journalists were provided with plenty of news and fresh information to write about. The news began to flow Tuesday evening at the Fintech Week launch event hosted at the Hong Kong Stock Exchange (HKEX). The Chief Executive of the HKEX, Mr Charles Li, announced that the HKEX will be working with Digital Asset to "introduce the first blockchain platform in the financial services industry in Hong Kong". He said this will initially be for Stock Connect, or Blockchain Connect, adding, "If it works with Stock Connect, there's no reason why we can't extend it to the broader market."
 
     Wednesday and Thursday provided more for the regulatory connoisseur. The Hong Kong Monetary Authority (HKMA) held a ceremony on Wednesday to launch eTradeConnect, the HKMA's blockchain trade finance platform, with the 18 companies involved.

     On Thursday, after a keynote speech by the Chief Executive Officer of the Securities and Futures Commission (SFC), Mr Ashley Alder, in which he gave context for an important forthcoming SFC announcement on cryptocurrencies, the announcement followed. The SFC Regulatory Sandbox will be used to monitor the activities of virtual asset exchanges, with a view to setting up a framework for potential regulation and licensing. He added that the SFC will be announcing a regulatory framework for robo-advisory in April next year.
 
      Later on Thursday, 19 companies from nine markets pitched to a panel and an audience in the Fast Track Demo Show, a new initiative of InvestHK and Finnovasia to attract and assist overseas business setting up in Hong Kong. The five winners, AIZEN (Korea), SoCash (Singapore), BluefireAI (Hong Kong), AAAccell (Switzerland) and BeamAndGo (Singapore), took home prizes sponsored by the 14 Fast Track Partners. The Partners were also on-site to provide expert advice and consultancy.
 
     In this third year, Fintech Week was the world's first cross-border fintech event, with events held in Shenzhen. It showcased Hong Kong in the context of the many opportunities that exist in the Guangdong-Hong Kong-Macao Greater Bay Area, with its population of 70 million. The Secretary for Financial Services and the Treasury, Mr James Lau, highlighted the key areas for collaboration between Hong Kong and Shenzhen in fintech as well as in promoting innovation and technology.  
 
     Behind the scenes and away from the stages, meetings and deals were done, with more announcements made. For further highlights of the Hong Kong Fintech Week, go to www.fintechweek.hk.  
 
About InvestHK

     InvestHK is the Hong Kong Special Administrative Region Government department responsible for foreign direct investment. It has set up a dedicated fintech team in Hong Kong with correspondents located in London and San Francisco. It aims at attracting the world's top innovative fintech enterprises, start-up entrepreneurs, investors and other stakeholders to expand and scale their business via Hong Kong to the Mainland of China, Asia and beyond.