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Hong Kong Jockey Club

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119-602: The Hong Kong Jockey Club ( HKJC ) was founded in 1884 and is one of the oldest institutions in Hong Kong . In 1960, it was granted a royal charter and renamed The Royal Hong Kong Jockey Club ( 英皇御准香港賽馬會 ). The institution reverted to its original name in 1996 due to the handover of Hong Kong in 1997. Membership of the club is by nomination and election. It is a non-profit organisation providing horse racing , sporting and betting entertainment in Hong Kong . It holds

238-548: A 99-year lease of the New Territories in 1898. Hong Kong was occupied by Japan from 1941 to 1945 during World War II . The territory was handed over from the United Kingdom to China in 1997. Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of one country, two systems . Originally a sparsely populated area of farming and fishing villages,

357-522: A High Court judge quashed the government ruling on 4 July 2008. Political commentator Frank Ching pointed to the huge credibility gap of the government. He noted that Tang's attempt to shift political responsibility from himself, as the minister responsible, to a senior civil servant, was a travesty of justice for Rowse, and went against the Accountability System . On 23 June 2007, it was announced that Tang would succeed Rafael Hui as

476-466: A government-granted monopoly in providing pari-mutuel betting on horse racing, the Mark Six lottery , and fixed odds betting on overseas football events. The organisation is the largest taxpayer in Hong Kong, as well as the largest community benefactor and one of the city's major employers. In 2022/2023, The Hong Kong Jockey Club contributed a record HK$ 35.9 billion to the community. This comprised

595-406: A proposed extradition amendment bill permitting the extradition of fugitives to mainland China. The protests are the largest in Hong Kong's history, with organisers claiming to have attracted more than three million Hong Kong residents. The Hong Kong regional government and Chinese central government responded to the protests with a number of administrative measures to quell dissent. In June 2020,

714-662: A 1,104-square-kilometre (426 sq mi) territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War . The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained

833-402: A 2021 thematic report by the Hong Kong government, after excluding foreign domestic helpers, the real number of non-Chinese ethnic minorities in the city was 301,344, or 4% of Hong Kong's population. About half the population have some form of British nationality , a legacy of colonial rule; 3.4 million residents have British National (Overseas) status, and 260,000 British citizens live in

952-524: A diverse ecosystem; over 3,000 species of vascular plants occur in the region (300 of which are native to Hong Kong), and thousands of insect, avian, and marine species. Hong Kong has a humid subtropical climate ( Köppen Cwa ), characteristic of southern China, despite being located south of the Tropic of Cancer , although closely bordering on a tropical climate . Summers are long, hot and humid, with occasional showers and thunderstorms and warm air from

1071-527: A fatal car crash. On 30 January 2011 eight youth groups including Hong Kong Federation of Students marched to New World Development , Li Ka Shing 's Cheung Kong Holdings in Central and accused the government of colluding with businesses in maximising profits while squeezing the poor. The students criticised Tang and the government for policies that benefit the upper class only like no real estate tax duty, reduction of wine and profit tax. The students said

1190-845: A four-year term. Twenty are directly elected from geographical constituencies , thirty-five represent functional constituencies (FC), and forty are chosen by an election committee consisting of representatives appointed by the Chinese central government. Thirty FC councillors are selected from limited electorates representing sectors of the economy or special interest groups, and the remaining five members are nominated from sitting district council members and selected in region-wide double direct elections . All popularly elected members are chosen by proportional representation . The 30 limited electorate functional constituencies fill their seats using first-past-the-post or instant-runoff voting. Twenty-two political parties had representatives elected to

1309-474: A healthy and vibrant lifestyle. Today, the Charities Trust contributes across various areas of social needs and focuses on five strategic areas: Positive Ageing & Elderly Care, Youth Development & Poverty Alleviation, Healthy Community, Talent & Sector Development, and Sports & Culture. Over the past decade, The Hong Kong Jockey Club Charities Trust has donated an average of HK$ 5 billion

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1428-400: A high tendency for allergic reactions to influenza vaccinations, and thus would not take a mainland Chinese COVID-19 vaccine . On 4 October 2011, in the midst of rumours about his extra-marital affair with Shirley Yuen, his administrative assistant when he was finance secretary of Hong Kong, Henry Tang issued a statement, in which he admitted that he had made a mistake in his romantic life in

1547-491: A neutral zone to safeguard its status as a free port. The colonial government prepared for a possible attack, evacuating all British women and children in 1940. The Imperial Japanese Army attacked Hong Kong on 8 December 1941 , the same morning as its attack on Pearl Harbor . Hong Kong was occupied by Japan for almost four years before the British resumed control on 30 August 1945. Its population rebounded quickly after

1666-532: A press conference that he was aware of the construction of an illegal basement at his family house and said that it was his wife's idea. His wife agreed that the responsibility was hers The admission followed several denials and provoked widespread criticism: "He has lost almost all his credibility, he lied every day," said Ma Ngok , a political sciences professor at the University of Hong Kong to AFP. The scandal prompted some of Tang's potential supporters in

1785-424: A record HK$ 28.6 billion in betting duty, profits tax and Lotteries Fund contributions, and HK$ 7.3 billion in approved charity donations. The club also proactively identifies, funds and develops projects which anticipate and address social issues and pressing needs in Hong Kong. The Hong Kong Jockey Club also provides dining, social, sport and recreation facilities to its approximately 23,000 members. Its Charities Trust

1904-409: A second language. Slightly over half the population (58.7%) speaks English , the other official language; 4.6% are native speakers, and 54.1% speak English as a second language. Code-switching , mixing English and Cantonese in informal conversation, is common among the bilingual population. Post-handover governments have promoted Mandarin , which is currently about as prevalent as English; 54.2% of

2023-531: A series of protests in 2014 which became known as the Umbrella Revolution. Discrepancies in the electoral registry and disqualification of elected legislators after the 2016 Legislative Council elections and enforcement of national law in the West Kowloon high-speed railway station raised further concerns about the region's autonomy. In June 2019, mass protests erupted in response to

2142-432: A severe amount of income inequality, which has risen since the handover, as the region's ageing population has gradually added to the number of nonworking people. Although median household income steadily increased during the decade to 2021, the wage gap remained high; the 90th percentile of earners receive 41% of all income. The city has the most billionaires per capita, with one billionaire per 109,657 people, as well as

2261-534: A value of at least 10,000 Hong Kong Dollars are eligible for a 10% rebate if the bet or betline loses. Pool Name – Dividend Qualification – Consolation [if any] Membership in this club is very strict, limited to the moneyed social elite. In the past, this club was reserved for only "old money" families; but currently there are increasing numbers of "newly rich" members. Similar to other elite clubs, HKJC membership applicants often must wait for years if not decades to be accepted. What makes it especially difficult to join

2380-457: A year to the community. In 2022/2023, its total approved donations were HK$ 7.3 billion, benefiting 247 charity and community projects. The Charities Trust’s substantial donations to the community are made possible by The Hong Kong Jockey Club’s unique integrated business model, which comprises racing and racecourse entertainment, responsible sports wagering and lottery, a membership club, and charities and community contribution. Approximately 90% of

2499-697: Is a Hong Kong politician who served as the Chief Secretary of Hong Kong between 2007 and 2011. He held the position of Financial Secretary from 2003 to 2007. In 2012, he lost the Hong Kong Chief Executive Election to Leung Chun-ying . Tang was born 6 September 1952 at early morning at Hong Kong Sanatorium & Hospital in Happy Valley, Wan Chai in British Hong Kong , His family operated in

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2618-431: Is a special administrative region of China , with executive, legislative, and judicial powers devolved from the national government . The Sino-British Joint Declaration provided for economic and administrative continuity through the handover, resulting in an executive-led governing system largely inherited from the territory's history as a British colony. Under these terms and the "one country, two systems" principle,

2737-433: Is also one of the world's top ten charity donors. Founded in 1884 as an amateur body to promote horse racing , it was an exclusive club whose membership was drawn from the upper class with strict rules of membership, with women and people of unsuitable background being banned. This led to the club having no Chinese members until the 20th century. The club evolved into a professional institution from 1971. The club organised

2856-515: Is commonly believed to have attended Graduate School at Yale University and to have obtained a master's degree in sociology . These were credentials submitted to then Hong Kong governor David Wilson in 1991–1992. So far there is no evidence that he did obtain that degree. Tang has extensive ties with PRC leaders as his father Tang Hsiang Chien was a standing committee member of the Chinese People's Political Consultative Conference ,

2975-410: Is governed by a hybrid regime that is not fully representative of the population. Legislative Council members elected by functional constituencies composed of professional and special interest groups are accountable to these narrow corporate electorates and not the general public. This electoral arrangement has guaranteed a pro-Beijing camp majority in the legislature since the handover. Similarly,

3094-447: Is that this club does not allow memberships to be bought and sold in the secondary market. For joining racing membership, one has to be proposed by a voting member and seconded by another voting member, with the support of three other members. For joining full membership, one has to be proposed by a voting member. Note that if a interested person is not yet a racing member, applications to be racing member and full member must be made at

3213-479: The 2012 Hong Kong Chief Executive election to review their position. One former supporter said that it was 'unbearable' for Tang to throw the blame onto his wife. No charges were brought against Tang though his wife was convicted of a criminal offence and fined HK$ 110,000, the illegal basement having been filled in. On 28 September 2011, in a widely trailed move, Tang resigned from his post, and then in late November announced his candidacy for chief executive. He

3332-542: The Basic Law of Hong Kong for 50 years after the handover. It does not specify how Hong Kong will be governed after 2047, and the central government's role in determining the territory's future system of government is the subject of political debate and speculation. Hong Kong's political and judicial systems may be integrated with China's at that time, or the territory may continue to be administered separately. However, in response to large-scale protests in 2019 and 2020 ,

3451-591: The Basic Law of Hong Kong is the regional constitution. The regional government is composed of three branches: The chief executive is the head of government and serves for a maximum of two five-year terms. The State Council (led by the Premier of China ) appoints the chief executive after nomination by the Election Committee , which is composed of 1500 business, community, and government leaders. The Legislative Council has 90 members, each serving

3570-541: The Chinese People's Political Consultative Conference appointed by the central government. Chinese national law does not generally apply in the region, and Hong Kong is treated as a separate jurisdiction. Its judicial system is based on common law , continuing the legal tradition established during British rule. Local courts may refer to precedents set in English law and overseas jurisprudence. However, mainland criminal procedure law applies to cases investigated by

3689-563: The Chinese central government 's adherence to the "one country, two systems" principle. After reversal of the last colonial era Legislative Council democratic reforms following the handover, the regional government unsuccessfully attempted to enact national security legislation pursuant to Article 23 of the Basic Law . The central government decision to implement nominee pre-screening before allowing chief executive elections triggered

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3808-670: The Former Marine Police Headquarters was redeveloped into a commercial and retail complex, and Béthanie (built in 1875 as a sanatorium ) houses the Hong Kong Academy for Performing Arts . The Tin Hau Temple , dedicated to the sea goddess Mazu (originally built in 1012 and rebuilt in 1266), is the territory's oldest existing structure. The Ping Shan Heritage Trail has architectural examples of several imperial Chinese dynasties, including

3927-734: The Office for Safeguarding National Security of the CPG in the HKSAR . Interpretative and amending power over the Basic Law and jurisdiction over acts of state lie with the central authority, making regional courts ultimately subordinate to the mainland's socialist civil law system. Decisions made by the Standing Committee of the National People's Congress override any territorial judicial process. Furthermore, in circumstances where

4046-670: The Paleolithic period. The claim is based on an archaeological investigation in Wong Tei Tung , Sai Kung in 2003. The archaeological works revealed knapped stone tools from deposits that were dated using optical luminescence dating . During the Middle Neolithic period, about 6,000 years ago, the region had been widely occupied by humans. Neolithic to Bronze Age Hong Kong settlers were semi-coastal people. Early inhabitants are believed to be Austronesians in

4165-717: The People's Liberation Army is responsible for the region's defence. Although the Chairman of the Central Military Commission is supreme commander of the armed forces, the regional government may request assistance from the garrison. Hong Kong residents are not required to perform military service, and current law has no provision for local enlistment, so its defence is composed entirely of non-Hongkongers. The central government and Ministry of Foreign Affairs handle diplomatic matters, but Hong Kong retains

4284-595: The Safeguarding National Security Ordinance was passed by the Legislative Council to grant officials "even more powers to crack down on opposition to Beijing and the Hong Kong government" and includes penalties such as life imprisonment for political crimes such as treason and insurrection . Critics state that this expansion "will strike a lasting blow to the partial autonomy the city had been promised by China [in

4403-713: The Shanghai Street shophouses in Mong Kok . Mass-produced public-housing estates , built since the 1960s, are mainly constructed in modernist style . The Census and Statistics Department estimated Hong Kong's population at 7,413,070 in 2021. The overwhelming majority (91.6%) is Han Chinese , most of whom are Taishanese , Teochew , Hakka , and other Cantonese peoples . The remaining 8.4% are non-ethnic Chinese minorities, primarily Filipinos , Indonesians , and South Asians . However, most Filipinos and Indonesians in Hong Kong are short-term workers. According to

4522-502: The Sino-British Joint Declaration ]." Hong Kong's administrative divisions are divided into three levels: Areas (區域), Districts (地區), and Sub-districts (分區). Hong Kong is administratively divided into three areas: Hong Kong Island , Kowloon , and the New Territories . They are further divided into 18 districts. The area of Hong Kong Island has four districts, the area of Kowloon has five districts, and

4641-457: The Standing Committee of the National People's Congress passed the controversial Hong Kong national security law . The law criminalises secession, subversion, terrorism and collusion with foreign elements and establishes the Office for Safeguarding National Security of the CPG in the HKSAR, an investigative office under Central People's Government authority immune from HKSAR jurisdiction. Some of

4760-615: The Tsui Sing Lau Pagoda (Hong Kong's only remaining pagoda). Tong lau , mixed-use tenement buildings constructed during the colonial era, blended southern Chinese architectural styles with European influences. These were especially prolific during the immediate post-war period, when many were rapidly built to house large numbers of Chinese migrants. Examples include Lui Seng Chun , the Blue House in Wan Chai , and

4879-617: The central government in Beijing in June 2020 resulted in the suspension of bilateral extradition treaties by the United Kingdom, Canada, Australia, New Zealand, Finland, and Ireland. The United States ended its preferential economic and trade treatment of Hong Kong in July 2020 because it was no longer able to distinguish Hong Kong as a separate entity from the People's Republic of China. In 2024,

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4998-535: The second-highest number of billionaires of any city in the world, the highest number of billionaires of any city in Asia, and the largest concentration of ultra high-net-worth individuals of any city in the world. Despite government efforts to reduce the growing disparity, median income for the top 10% of earners is 57 times that of the bottom 10%. Henry Tang Henry Tang Ying-yen GBM GBS JP ( Chinese : 唐英年 ; born 6 September 1952)

5117-730: The tallest buildings in Hong Kong and are among the tallest in the Asia-Pacific region. Other distinctive buildings lining the Hong Kong Island skyline include the HSBC Main Building , the anemometer -topped triangular Central Plaza , the circular Hopewell Centre , and the sharp-edged Bank of China Tower . Demand for new construction has contributed to frequent demolition of older buildings, freeing space for modern high-rises. However, many examples of European and Lingnan architecture are still found throughout

5236-558: The trophy in the 1,200-metre dash. In January 2008, Eclipse and Sovereign Award winning jockey Emma-Jayne Wilson became the first North American female rider to be granted a license to compete in Hong Kong. The reform and other changes mentioned above, the HKJC revenue has steadily increased back to previous levels and above. The total racing revenue for the Racing Season 2011/2012 reached HK$ 86.1 billion, up 43.4% since

5355-409: The 2006 reform. The HKJC has a legal monopoly over betting on horse racing and football. In 1974, it opened 6 off-course branches where the members of the public could wager on horse race meets at the club's Happy Valley racecourse. There are now in excess of 100 betting branches throughout the territory that accept bets on racing and football, as well as buy Mark Six lottery tickets. The HKJC

5474-638: The Authority would "definitely uphold the law and comply with the Basic Law, local laws and the national security law " in regards to art made by Ai Weiwei . Tang is married to Lisa Kuo Yu-chin and the couple have four children: three daughters and a son. Tang's father Tang Hsiang Chien was a standing committee member of the CPPCC . His brother, Tom Tang Chung-yen , is a member of the Trade Development Council, whose reappointment to

5593-530: The Club’s annual operating surplus after tax is donated to its Charities Trust, enabling it to play a significant role in the community’s development. The Happy Valley Racecourse occupies a 92,000 m plot of land on Inland Lot 8847, under a government-subsidized Private Recreational Lease. The lease began in 1884 and currently is set to expire on 23 June 2034. Hong Kong Free Press in September 2021 claimed that

5712-609: The Jockey Club has broken its earlier promise to return the land at the Happy Valley Racecourse in exchange for land in Shatin. In August 2024, news reported that the Jockey Club would convert some land it leased cheaply from the government (HK$ 84,600 per year) to build and sell private residences with high potential profit, with one researcher saying that such a plan was unfair and that "The government has leased

5831-406: The Legislative Council and the requirement that all candidates be vetted and approved by a Beijing-appointed Candidate Eligibility Review Committee . In May 2023, the Legislative Council also introduced legislation to reduce the number of directly elected seats in the district councils, and a District Council Eligibility Review Committee was similarly established to vet candidates. Hong Kong

5950-548: The Legislative Council in the 2016 election . These parties have aligned themselves into three ideological groups: the pro-Beijing camp (the current government), the pro-democracy camp , and localist groups . The Chinese Communist Party does not have an official political presence in Hong Kong, and its members do not run in local elections. Hong Kong is represented in the National People's Congress by 36 deputies chosen through an electoral college and 203 delegates in

6069-562: The Legislative Council passed the National Anthem Ordinance , which criminalised "insults to the national anthem of China". The Chinese central government meanwhile enacted the Hong Kong national security law to help quell protests in the region. Nine months later, in March 2021, the Chinese central government introduced amendments to Hong Kong's electoral system , which included the reduction of directly elected seats in

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6188-587: The Middle Neolithic period and later the Yue people. As hinted by the archaeological works in Sha Ha, Sai Kung, rice cultivation had been introduced since Late Neolithic period. Bronze Age Hong Kong featured coarse pottery, hard pottery, quartz and stone jewelry, as well as small bronze implements. The Qin dynasty incorporated the Hong Kong area into China for the first time in 214 BCE, after conquering

6307-503: The New Territories. Much of this is built on reclaimed land ; 70 km (27 sq mi) (6% of the total land or about 25% of developed space in the territory) is reclaimed from the sea. Undeveloped terrain is hilly to mountainous, with very little flat land, and consists mostly of grassland, woodland, shrubland, or farmland. About 40% of the remaining land area is country parks and nature reserves. The territory has

6426-478: The Philippines and Indonesia, have little protection under regional law. Although they live and work in Hong Kong, these workers are not treated as ordinary residents and do not have the right of abode in the territory. Sex trafficking is also an issue, local, mainland Chinese, and foreign women have been trafficked for sex in brothels , homes, and businesses in the city. The Joint Declaration guarantees

6545-538: The Standing Committee declares a state of emergency in Hong Kong, the State Council may enforce national law in the region. The territory's jurisdictional independence is most apparent in its immigration and taxation policies. The Immigration Department issues passports for permanent residents which differ from those of the mainland or Macau, and the region maintains a regulated border with

6664-657: The Trade Development Council, Town Planning Board, University Grants Committee, and Council of the City University of Hong Kong . Tang took up his commerce post in July 2002 as part of a line-up of new secretaries aimed at improving the government's transparency. He was promoted from Secretary for Commerce, Industry and Technology to Financial Secretary on 4 August 2003 replacing Antony Leung . Leung resigned on 16 July 2003 due to allegations of tax evasion in regards to his new car. Tang briefly served (25 May to 21 June 2005) as acting chief executive after Tung Chee Hwa ,

6783-606: The Yuan Dynasty. By the end of the Yuan dynasty , seven large families had settled in the region and owned most of the land. Settlers from nearby provinces migrated to Kowloon throughout the Ming dynasty . The earliest European visitor was Portuguese explorer Jorge Álvares , who arrived in 1513. Portuguese merchants established a trading post called Tamão in Hong Kong waters and began regular trade with southern China. Although

6902-747: The ability to maintain separate economic and cultural relations with foreign nations . The territory actively participates in the World Trade Organization , the Asia-Pacific Economic Cooperation forum, the International Olympic Committee , and many United Nations agencies. The regional government maintains trade offices in Greater China and other nations. The imposition of the Hong Kong national security law by

7021-831: The advisory body to the National People's Congress . Tang was named Global Leader for Tomorrow by the World Economic Forum in 1993 and won the Young Industrialist of Hong Kong award in 1989. Between 1995 and 2001 he served as the Chairman of the Federation of Hong Kong Industries . He was also a Committee Member of the Hong Kong General Chamber of Commerce and a Steward of the Hong Kong Jockey Club . He

7140-586: The aforementioned acts were previously considered protected speech under Hong Kong law. The United Kingdom considers the law to be a serious violation of the Joint Declaration. In October 2020, the Hong Kong Police arrested seven pro- democracy politicians over tussles with pro-Beijing politicians in the Legislative Council in May. They were charged with contempt and interfering with members of

7259-635: The agreement. After more than a year of further hostilities, Hong Kong Island was formally ceded to the United Kingdom in the 1842 Treaty of Nanking . Administrative infrastructure was quickly built by early 1842, but piracy, disease, and hostile Qing policies initially prevented the government from attracting commerce. Conditions on the island improved during the Taiping Rebellion in the 1850s, when many Chinese refugees, including wealthy merchants, fled mainland turbulence and settled in

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7378-452: The annual races which took place around Chinese New Year and was initially financed by commissions on bets which were placed through private clubs. Queen Elizabeth II accorded the club with a royal charter in 1960, and it became The Royal Hong Kong Jockey Club ( 英皇御准香港賽馬會 ) until 1996. In July 2005, the decision was made to stage equestrian competitions of the 2008 Summer Olympics in Hong Kong. The club's racing centre at Sha Tin

7497-399: The area of the New Territories has nine districts. Each district is represented by a district council . The district councils advise the government on local issues such as public facility provisioning, community programme maintenance, cultural promotion, and environmental policy. As of 2024, there are a total of 470 district council seats, 88 of which are directly elected. In May 2023,

7616-468: The betting turnover was HK$ 71 billion. After paying dividends of 58 billion and betting duty of 9.5 billion, its betting commission revenue was HK$ 3.9 billion. It contributes 11.7% of Hong Kong's tax revenue. Surpluses from its operation are allocated to The Hong Kong Jockey Club Charities Trust. Following the transfer of sovereignty of Hong Kong , the popularity of horse racing declined substantially, possibly due to economic conditions in

7735-1165: The chief executive is selected by establishment politicians and corporate members of the Election Committee rather than directly elected. Despite universal suffrage being established as ultimate goals for the election of the chief executive and all members of the Legislative Council in Articles 45 and 68 of the basic law, the legislature is only partially directly elected, and the executive continues to be nominated by an unrepresentative body. The government has been repeatedly petitioned to introduce direct elections for these positions, but has not introduced these direct elections as of 2024. Ethnic minorities (except those of European ancestry) have marginal representation in government and often experience discrimination in housing, education, and employment. Employment vacancies and public service appointments frequently have language requirements which minority job seekers do not meet, and language education resources remain inadequate for Chinese learners. Foreign domestic helpers , mostly women from

7854-511: The colony. Further tensions between the British and Qing over the opium trade escalated into the Second Opium War . The Qing were again defeated and forced to give up Kowloon Peninsula and Stonecutters Island in the Convention of Peking . By the end of this war, Hong Kong had evolved from a transient colonial outpost into a major entrepôt . Rapid economic improvement during the 1850s attracted foreign investment, as potential stakeholders became more confident in Hong Kong's future. The colony

7973-495: The council, while none of the pro-Beijing lawmakers were detained. Annual commemorations of the 1989 Tiananmen Square protests and massacre were also cancelled amidst fears of violating the national security law. In March 2021, the Chinese central government unilaterally changed Hong Kong's electoral system and established the Candidate Eligibility Review Committee , which would be tasked with screening and evaluating political candidates for their "patriotism", effectively crushing

8092-404: The end of the New Territories lease approached, and Governor Murray MacLehose raised the question of Hong Kong's status with Deng Xiaoping in 1979. Diplomatic negotiations with China resulted in the 1984 Sino-British Joint Declaration , in which the United Kingdom agreed to the handover of the colony in 1997 and China would guarantee Hong Kong's economic and political systems for 50 years after

8211-448: The final vote by the Election Committee saw him lose to Leung Chun-ying . The Financial Times reported, on 23 October 2019, that Tang was being considered as a replacement for Carrie Lam as Chief Executive of Hong Kong. However, the Chinese government denied such deliberations. Tang serves as the chairperson of the West Kowloon Cultural District Authority, which oversees the M+ museum of contemporary art. In March 2021, Tang said that

8330-430: The former chief executive who resigned citing health reasons. On 25 May 2005, Donald Tsang , the Chief Secretary for Administration, resigned to stand in the 'by-election' for Chief Executive. Tang served as Acting Chief Executive of HKSAR soon after Tsang's resignation was announced. Tang was involved in the Harbour Fest controversy as Chairman of the Economic Relaunch Strategy Group responsible for pushing ahead with

8449-401: The government proposed reforms to the District Council electoral system which further cut the number of directly elected seats from 452 to 88, and total seats from 479 to 470. A requirement that district council candidates be vetted and approved by the District Council Eligibility Review Committee was also proposed. The Legislative Council approved the reforms in July 2023. Hong Kong

8568-418: The handover. The impending handover triggered a wave of mass emigration as residents feared an erosion of civil rights, the rule of law, and quality of life. Over half a million people left the territory during the peak migration period, from 1987 to 1996. The Legislative Council became a fully elected legislature for the first time in 1995 and extensively expanded its functions and organisations throughout

8687-506: The implementation of the event. Tang had also said that all parties had underestimated the complexity of the event and may have been too ambitious in organising it in such a short timespan. He later withdrew the remark: just before a government inquiry opened in November 2004, Tang requested the ERWG minutes be deleted. Internal governmental disciplinary process fined Rowse for misconduct, but

8806-732: The indigenous Baiyue . The region was consolidated under the Nanyue kingdom (a predecessor state of Vietnam ) after the Qin collapse and recaptured by China after the Han conquest . During the Mongol conquest of China in the 13th century, the Southern Song court was briefly located in modern-day Kowloon City (the Sung Wong Toi site) before its final defeat in the 1279 Battle of Yamen by

8925-472: The land to them at a very favourable price. It is not reasonable for them to profit fully from it." The role of Chief Executive Officer was first known as the General Manager. Major-General Bernard Penfold was appointed as the club's first General Manager in 1972. Hong Kong Hong Kong is a special administrative region of China . With 7.4 million residents of various nationalities in

9044-401: The last years of the colonial rule. The handover of Hong Kong to China was at midnight on 1 July 1997, after 156 years of British rule. Immediately after the handover, Hong Kong was severely affected by several crises. The Hong Kong government was forced to use substantial foreign exchange reserves to maintain the Hong Kong dollar's currency peg during the 1997 Asian financial crisis , and

9163-536: The maritime area is included) consists of Hong Kong Island , the Kowloon Peninsula , the New Territories , Lantau Island , and over 200 other islands. Of the total area, 1,073 km (414 sq mi) is land and 35 km (14 sq mi) is water. The territory's highest point is Tai Mo Shan , 957 metres (3,140 ft) above sea level. Urban development is concentrated on the Kowloon Peninsula, Hong Kong Island, and in new towns throughout

9282-513: The move would "destroy" its business model and jeopardize public interest. In February 2023, after Financial Secretary Paul Chan increased football betting taxes, Chan said "They can have their reactions, and we will do what we have to do." The HKJC conducts nearly 700 horse races per year at its two race tracks at Sha Tin (沙田) and Happy Valley (快活谷). During the 2001/02 racing season, the HKJC licensed 1,144 horse owners, 24 trainers and 35 jockeys and had 1,435 horses in training. In 2002–2003,

9401-427: The need to compromise and simplify complicated issues. He further said young people should not close the door and act like emperors. That he doesn't want to see politics lead to a bloodshed, leading to a road of no return and end up like a fatal car crash. On 21 January 2011, Leung Kwok-hung led a group of protesters to a public forum with a toy model car. He then smashed the car in front of Henry Tang to represent

9520-579: The new Chief Secretary for Administration of Hong Kong effective 1 July 2007. On 6 March 2010, Tang attended a Youth Summit in Chai Wan organised by the Home Affairs Bureau . A 31-year-old jobless man threw a shoe at Tang and it landed on the stage metres away from him. The man was dragged away by police. The man said he was unemployed after getting fired by a computer company, and the government policies were not helping him. He said he

9639-735: The north and occasionally result in chilly weather. Autumn is the sunniest season, whilst spring is generally cloudy. Snowfall has been extremely rare in Hong Kong; the last reported instance was on Tai Mo Shan in 1975. Hong Kong averages 1,709 hours of sunshine per year. Historic temperature extremes at the Hong Kong Observatory are 36.6 °C (97.9 °F) on 22 August 2017 and 0.0 °C (32.0 °F) on 18 January 1893. The highest and lowest recorded temperatures in all of Hong Kong are 39.0 °C (102 °F) at Wetland Park on 22 August 2017, and −6.0 °C (21.2 °F) at Tai Mo Shan on 24 January 2016 . Hong Kong has

9758-484: The opium trade. The commissioner destroyed opium stockpiles and halted all foreign trade, triggering a British military response and the First Opium War . The Qing surrendered early in the war and ceded Hong Kong Island in the Convention of Chuenpi . British forces began controlling Hong Kong shortly after the signing of the convention, from 26 January 1841. However, both countries were dissatisfied and did not ratify

9877-513: The past and he deeply regretted it. He said that his wife had forgiven him. His wife said in the statement that there had been difficult times in their relationship and that he has faults, but that she also appreciated his strengths. She acknowledged him as her 'best partner'. National People's Congress Standing Committee member Rita Fan said on 7 October 2011 that she didn't know about Tang's now widely publicised infidelity when she offered her support and she refused to rule herself out of standing in

9996-479: The plan to spend $ 100 million to revive the economy after SARS , and said that he should be held responsible. Tang had said that although Mike Rowse , a senior civil servant, had actually signed the contract, Rowse as such was not required to be held politically responsible. However, during a Working Group meeting on 31 October 2003 and during an independent inquiry in May 2004, Tang allegedly said Rowse had not acted improperly and that there had been no irregularity in

10115-591: The population speak Mandarin, with 2.3% native speakers and 51.9% as a second language. Traditional Chinese characters are used in writing, rather than the simplified characters used in the mainland . Among the religious population, the traditional " three teachings " of China, Buddhism , Confucianism , and Taoism , have the most adherents (20%), followed by Christianity (12%) and Islam (4%). Followers of other religions, including Sikhism , Hinduism , and Judaism , generally originate from regions where their religion predominates. Life expectancy in Hong Kong

10234-610: The post by CY Leung, after he vanquished Tang to become chief executive in 2012, was seen as part of a reconciliation between the two camps. Apple Daily found in October 2020 that Tom Tang may have illegally violated land lease terms of an industrial site in Tai Po. His niece (by marriage), Stefani Kuo , a playwright and actress, spoke out against the Hong Kong government during the 2019–20 Hong Kong protests , views that Tang explicitly rejected. In February 2021, Tang said that he has

10353-440: The post-war decades to provide safer housing, integrity in the civil service, and more reliable transportation. Nevertheless, widespread public discontent resulted in multiple protests from the 1950s to 1980s, including pro- Republic of China and pro- Chinese Communist Party protests. In the 1967 Hong Kong riots , pro- PRC protestors clashed with the British colonial government. As many as 51 were killed and 802 were injured in

10472-476: The recovery from this was muted by an H5N1 avian-flu outbreak and a housing surplus. This was followed by the 2003 SARS epidemic , during which the territory experienced its most serious economic downturn. Chinese communists portrayed the return of Hong Kong as key moment in the PRC's rise to great power status. Political debates after the handover have centred around the region's democratic development and

10591-543: The region into a wasteland. The Kangxi Emperor lifted the maritime trade prohibition, allowing foreigners to enter Chinese ports in 1684. Qing authorities established the Canton System in 1757 to regulate trade more strictly, restricting non-Russian ships to the port of Canton . Although European demand for Chinese commodities like tea, silk, and porcelain was high, Chinese interest in European manufactured goods

10710-703: The region. On 16 March 2007, the HKJC appointed William (Bill) Nader, formerly with the New York Racing Association , as its executive director of racing from April 2007. On 9 September 2007, Sha Tin Racecourse opened after its summer break with record 1-day crowd of about 60,000. Chief Secretary Henry Tang struck the ceremonial gong . The Hong Kong Jockey Club collected US$ 106 million in bets (highest since 2001). Children of horse owners were admitted amid protest of local anti-gambling groups. Sunny Power , booted by Howard Cheng, got

10829-731: The remainder of the Pro-Democracy camp . Hong Kong is on China's southern coast, 60 km (37 mi) east of Macau, on the east side of the mouth of the Pearl River estuary . It is surrounded by the South China Sea on all sides except the north, which neighbours the Guangdong city of Shenzhen along the Sham Chun River . The territory's 1,110.18 km (428.64 sq mi) area (2,754.97 km if

10948-412: The rest of the country. All travellers between Hong Kong and China and Macau must pass through border controls, regardless of nationality. Mainland Chinese citizens do not have right of abode in Hong Kong and are subject to immigration controls. Public finances are handled separately from the national government; taxes levied in Hong Kong do not fund the central authority. The Hong Kong Garrison of

11067-519: The same time if one is intended to be full member. As of 30 June 2022, the joining fee for racing membership is HK$ 150,000 whereas that for full membership is HK$ 850,000. Monthly fee is HK$ 850 and HK$ 2,550 respectively. In September 2021, the club terminated several memberships, including those of Martin Lee , Jimmy Lai , and Albert Ho . The Hong Kong Jockey Club can trace its long tradition of donating to charitable causes back to at least 1915, but it

11186-491: The single word Hongkong until 1926, when the government officially adopted the two-word name. Some corporations founded during the early colonial era still keep this name, including Hongkong Land , Hongkong Electric Company , Hongkong and Shanghai Hotels and the Hongkong and Shanghai Banking Corporation (HSBC). Earliest known human traces in what is now Hong Kong are dated by some to 35,000 and 39,000 years ago during

11305-536: The source of the romanised name is unknown, it is generally believed to be an early phonetic rendering of the Cantonese (or Tanka Cantonese ) phrase hēung góng . The name translates as "fragrant harbour" or "incense harbour". "Fragrant" may refer to the sweet taste of the harbour's freshwater influx from the Pearl River or to the odour from incense factories lining the coast of northern Kowloon . The incense

11424-481: The southwest. The humid nature of Hong Kong exacerbates the warmth of summer. Typhoons occur most often then, sometimes resulting in floods or landslides. Also rarely occurring are waterspouts and tornadoes , which occurred at Hong Kong International Airport on 26 September 2020 and at Victoria Harbour on 28 September 2024. Winters are short, mild and usually sunny at the beginning, becoming cloudy towards February. Frequent cold fronts bring strong, cooling winds from

11543-410: The territory is now one of the world's most significant financial centres and commercial ports. Hong Kong is the world's third-ranked global financial centre (behind New York City and London ), ninth-largest exporter, and eighth-largest importer. Its currency, the Hong Kong dollar , is the ninth most traded currency in the world. Home to the seventh-highest number of billionaires of any city in

11662-465: The territory. The vast majority also hold Chinese nationality , automatically granted to all ethnic Chinese residents at the handover. Headline population density exceeds 7,060 people/km , and is the fourth-highest in the world. The predominant language is Cantonese , a variety of Chinese originating in Guangdong. It is spoken by 93.7% of the population, 88.2% as a first language and 5.5% as

11781-512: The territory. Older government buildings are examples of colonial architecture. The 1846 Flagstaff House , the former residence of the Commander of the British forces in Hong Kong , is the oldest Western-style building in Hong Kong. Some buildings, such as the Court of Final Appeal Building and the Hong Kong Observatory retain their original functions, and others have been adapted and reused ;

11900-628: The textile industry and came from Wuxi , Jiangsu to Hong Kong in 1949 to escape the communists who were taking over the Chinese mainland . Henry Tang himself was born in what was then British Hong Kong in 1952. Tang went to Culford School in Suffolk in Britain before attending and graduating from Cranbrook Schools in Bloomfield Hills, Michigan. He earned a Bachelor of Arts degree from the University of Michigan in 1975. Henry Tang

12019-525: The traders were expelled after military clashes in the 1520s, Portuguese-Chinese trade relations were re-established by 1549 . Portugal acquired a permanent lease for Macau in 1887. After the Qing conquest , maritime trade was banned under the Haijin policies. From 1661 to 1683, the population of most of the area forming present day Hong Kong was cleared under the Great Clearance , turning

12138-485: The violence, including dozens killed by the Royal Hong Kong Police via beatings and shootings. Although the territory's competitiveness in manufacturing gradually declined because of rising labour and property costs, it transitioned to a service-based economy. By the early 1990s, Hong Kong had established itself as a global financial centre and shipping hub. The colony faced an uncertain future as

12257-756: The war, as skilled Chinese migrants fled from the Chinese Civil War and more refugees crossed the border when the Chinese Communist Party took control of mainland China in 1949. Hong Kong became the first of the Four Asian Tiger economies to industrialise during the 1950s. With a rapidly increasing population, the colonial government attempted reforms to improve infrastructure and public services. The public-housing estate programme , Independent Commission Against Corruption , and Mass Transit Railway were all established during

12376-496: The whole HK is at the mercy of real estate developers. From 13 February 2012, Hong Kong media reported unauthorised building works of Tang's two adjoined residences at York Road , Kowloon Tong . On 16 February 2012, an inspection by officials of the Buildings Department revealed a basement with an area of more than 2200 square feet (11 m by 19 m) that was not documented in the approved floor plan. Tang admitted at

12495-465: The world and currently the only place in Asia to be in the top 5. The city has the highest life expectancy in the world , and a public transport usage exceeding 90 per cent. The name of the territory, first romanised as "He-Ong-Kong" in 1780, originally referred to a small inlet located between Aberdeen Island and the southern coast of Hong Kong Island. Aberdeen was an initial point of contact between British sailors and local fishermen. Although

12614-494: The world's largest number of skyscrapers , with 554 towers taller than 150 metres (490 ft), and the third-largest number of high-rise buildings in the world. The lack of available space restricted development to high-density residential tenements and commercial complexes packed closely together on buildable land. Single-family detached homes are uncommon and generally only found in outlying areas. The International Commerce Centre and Two International Finance Centre are

12733-454: The world, Hong Kong has the largest number of ultra high-net-worth individuals . Although the city has one of the highest per capita incomes in the world, severe income inequality exists among the population. Despite being the city with the most skyscrapers in the world , housing in Hong Kong is consistently in high demand . Hong Kong is a highly developed territory and has a Human Development Index (HDI) of 0.956, ranking fourth in

12852-420: Was 81.3 years for males and 87.2 years for females in 2022, one of the highest in the world. Cancer , pneumonia , heart disease , cerebrovascular disease , and accidents are the territory's five leading causes of death. The universal public healthcare system is funded by general-tax revenue, and treatment is highly subsidised; on average, 95% of healthcare costs are covered by the government. The city has

12971-744: Was Chairman of the Provisional Construction Industry Co-ordination Board (PCICB) before joining the government. Tang was a member of the Executive Council from the transfer of sovereignty in 1997 to 2011. He served as a member of the Legislative Council for seven years from 1991 to 1998 as a member of the Liberal Party , a pro-business and pro-Beijing party, prior to joining the government. Tang has also served extensively on various government boards and public bodies, including

13090-865: Was also instrumental in persuading other members of the Asian Racing Federation to sign the Good Neighbour policy on 1 September 2003. In 2006, after years of declining turnover, the Hong Kong Legislative Council passed the Betting Ordinance (Amendment) 2006. This amendment granted the Hong Kong Jockey Club more autonomy in how it ran its own operations. Pool Name – Dividend Qualification As of September 2006, all Win, Place, Quinella, and Quinella Place bets (including All Up bets) of

13209-599: Was established, The Hong Kong Jockey Club Charities Trust , to reflect the evolving nature, scale and scope of donations. The Charities Trust is one of the world’s top ten charity donors. Over many years, the Club has established its position as a major social partner in fostering a caring and inclusive community in Hong Kong. It accomplishes this through donations made to its community partners via The Hong Kong Jockey Club Charities Trust; various Trust-initiated projects; and by organising its own events that allow people to experience

13328-538: Was further expanded in 1898 when the United Kingdom obtained a 99-year lease of the New Territories. The University of Hong Kong was established in 1911 as the territory's first institution of higher education. Kai Tak Airport began operation in 1924, and the colony avoided a prolonged economic downturn after the 1925–26 Canton–Hong Kong strike . At the start of the Second Sino-Japanese War in 1937, Governor Geoffry Northcote declared Hong Kong

13447-400: Was in the 1950s , as Hong Kong struggled to cope with post-war reconstruction and a massive influx of immigrants, that this role became integral to its operation. In 1955, the Club formally decided to devote its surplus each year to charity and community projects, and in 1959, a separate company, the Hong Kong Jockey Club (Charities) Ltd, was formed to administer donations. In 1993, a new entity

13566-531: Was insignificant, so that Chinese goods could only be bought with precious metals. To reduce the trade imbalance, the British sold large amounts of Indian opium to China. Faced with a drug crisis, Qing officials pursued ever more aggressive actions to halt the opium trade. In 1839, the Daoguang Emperor rejected proposals to legalise and tax opium and ordered imperial commissioner Lin Zexu to eradicate

13685-480: Was instrumental in persuading the Hong Kong government to pass the Gambling (Amendment) Bill 2002 to combat unauthorised cross-border gambling and the related promotional activities in Hong Kong, making it a criminal offence for any person in Hong Kong to bet with an unauthorised bookmaker, even when the bets are received outside Hong Kong. The offence applies to all visitors as well as to residents of Hong Kong. It

13804-585: Was not a "post-80s" teen, but supported the highspeed rail protest connecting HK to Guangdong . A protester said that the topics discussed in the summit are not those that any young person would be interested in. On 15 January 2011, Tang gave a speech at the Roundtable Institute that included controversial comments about the Hong Kong post-80s generation. He said the young generations need to take responsibilities, and he cautioned them for slamming others because of opposing views. Then he stressed

13923-411: Was stored near Aberdeen Harbour for export before Victoria Harbour was developed. Sir John Davis (the second colonial governor) offered an alternative origin; Davis said that the name derived from "Hoong-keang" ("red torrent"), reflecting the colour of soil over which a waterfall on the island flowed. The simplified name Hong Kong was frequently used by 1810. The name was also commonly written as

14042-635: Was used as the foundation for the Olympic and Paralympic venues, with additional competition and training venues being incorporated into existing sports facilities at the Hong Kong Sports Institute , the Jockey Club Beas River Country Club and the adjacent golf course. In January 2023, after Regina Ip proposed increasing taxes on the Jockey Club's football betting revenue, the Jockey Club said that

14161-417: Was widely believed to be preferred by Beijing , and hence quickly received support from many financial heavyweights, including Former Monetary Authority chief Joseph Yam Chi-kwong , HSBC Asia-Pacific chief executive Peter Wong Tung-shun , and 'Father of Lan Kwai Fong', Allan Zeman . However, in an unprecedented turn of events, including a series of scandals and dramatically reduced levels of public support,

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