|2016/12/14||Consultation under section 16 of the Competition Ordinance regarding a proposed block exemption order for certain liner shipping agreements|
The Chamber has suggested the need for a more thorough evaluation on the impact of granting (whether in full or partially) or dismissing the Hong Kong Liner Shipping Association’s application for a block exemption order. The Chamber also expressed concerns over the Competition Commission’s approach to the application process.
|2016/12/07||Regulating the Sales of First-hand Residential Properties in Hong Kong|
The Chamber has put forth its views to the Government subsequent to a meeting with the Sales of First-hand Residential Properties Authority in respect of the regulation of the sales of first-hand residential properties in Hong Kong. The Chamber believes that the Ordinance, which has been in effect for three years, would benefit from a comprehensive and thorough review.
|2016/11/29||Consultation Paper on the 2016 Preliminary Draft Convention on the Recognition and Enforcement of Foreign Judgments|
The Chamber believes that public discussion should focus on the potential merits and demerits of implementing the Convention rather than the Convention’s provisions, which is the approach adopted in the consultation paper. The Government should also take stock of existing measures for enforcing foreign judgments before consideration is given to Convention accession.
|2016/10/25||Joint Consultation Paper on Proposed Enhancements to The Stock Exchange of Hong Kong Limited's Decision-Making and Governance Structure for Listing Regulation|
The Chamber does not support the proposals as set out in the consultation paper mainly because there is insufficient evidence to show that there will be net gains from doing so.
|2016/10/25||Promotion of Sustainable Consumption of Biological Resources|
Promotion of sustainable consumption of biological resources requires concerted efforts through a mix of effective tools and instruments of all stakeholders to facilitate fundamental changes of consumption patterns under definitive government leadership.
|2016/08/22||Some Proposed Amendments to the Companies Ordinance (Cap. 622) and its subsidiary legislation|
The Chamber’s response to the Government’s proposed amendments to the Companies Ordinance and its subsidiary legislations is as given in the attached paper.
|2016/08/19||HKGCC proposals on Belt-and-Road Opportunities for Hong Kong’s Financial Services Sector|
The Chamber’s proposals for Hong Kong to capitalise on the national initiative of Belt and Road by leveraging on its competencies in the field of financial services are set out in the attached.
|2016/07/20||Consultation on Working Hours Policy Directions|
The Hong Kong General Chamber of Commerce supports, in principle, the concept of having a “big frame”. We believe this option would adequately address employers and employees’ concerns about working hours, overtime and compensation arrangements without resorting to legislation. We object to the “small frame” as this artificial manipulation of employment terms for part of the labour force might weaken the flexibility of the labour market, thereby undermining our economy’s ability to adjust in adverse market conditions.