The Voice of Business in Hong Kong since 1861



The Chamber's core function is to lobby on behalf of businesses' interests to ensure the competitiveness and integrity of the Hong Kong business community. We regularly submit policy statements and proposals to enhance our business environment. We urge all members to contribute your views and suggestions on how we can hone Hong Kong's position as one of the best places in the world to do business.
HKMA Consultation Paper on Review of the Three-Tier Banking System

The Chamber is generally supportive of the Hong Kong Monetary Authority’s proposals to simplify the existing three-tier banking system – through merging Deposit-taking Companies with Restricted Licence Banks to form a new second-tier - and recognize the benefits of such reforms as enhancing the industry’s role in strengthening Hong Kong’s status as an international financial centre. At the same time, we suggest that consideration could be given to further consulting key industry stakeholders on the potential implications of such changes on the banking system, so as to achieve a balanced and sustainable implementation of the initiative.

Consultation on the Proposal to Regulate and Phase Down Hydrofluorocarbons

The Chamber welcomes the proposals to regulate such powerful greenhouse gases with high global warming potential and suggests that the Government takes into account the operational practicalities that businesses are faced with during the implementation. We propose that the Government defer the implementation of the ban on sale and supply, as well as on-product labeling requirements, to allow businesses more time to comply with minimal disruptions.

Consultation on the Enhancement of Climate-related Disclosures under the ESG Framework

The Chamber supports global efforts to develop common standards for ESG reporting as they could provide a useful reference guide for investors and issuers. We venture to suggest a deferral of implementation of mandatory climate-related reporting standards to allow sufficient time for all market participants, especially smaller cap issuers, to comply. The proposed mandatory requirements should also consider such factors as practicability and proportionality to avoid listing rule violations.

Hundreds of experts serving on the Chamber's committees contribute their knowledge and  insights to develop concrete, practical proposals for strengthening Hong Kong's business environment. See our past work and share with us you views on what you would like to see done.


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