Genuine universal suffrage is only based on the BASIC LAW & by the framework set-up by the mainland government....................................
So what do you have to say on your own Mr. CY Leung ? We just wonder when a person like this is speaking so much with a "mainland mouth" - what is your job then here in HKG ? Preparing us for 2046 - you will not be here anymore, many of us also - but our children & grandchildren will be here at that year and after. Lets hope the "concrete heads" in Beijing some day start recognizing what is the real world around them.....Being a member in the UN security council & stopping 3 students from going to Beijing - what are they scared of ?
Here that wonderful speech of CY Leung during today MTR Island extension ceremony ! Sorry CY it will not be the last time somebody will bother you during your public appearances.
Protesters shouted slogans demanding true democracy at CY Leung
Protesters at the ceremony. Photo: Stella Tsang
About a dozen members from the League of Social Democrats have staged a protest in Kennedy Town, where the Chief Executive CY Leung was officiating an opening ceremony for the MTR's West Island Line. They shouted slogans demanding genuine universal suffrage and calling on Mr Leung to step down. In his speech, Mr Leung said there are always people who think that by being loud, they're speaking the truth. He said the only genuine universal suffrage is that based on the Basic Law and the framework set out by Beijing.The rail line will officially open Sunday with the first train starting at 6am.
THE RELATED VIDEO WILL FOLLOW A FEW MINUTES LATER - PATIENCE PLEASE !
THANKS A LOT FOR FOLLOWING THIS BLOG OVER THE LAST YEAR !
THIS BLOG IS NOT ANY KIND OF POLITICAL STATEMENT NOR ANY KIND OF CONFESSION. THIS BLOG JUST WANT TO MIRROR WHAT IS HAPPENING IN HONG KONG. RECENTLY NOT SO MANY GOOD NEWS TO MIRROR - RATHER NEGATIVE & NOT VERY GOOD FOR THE NORMAL HONG KONG PEOPLE. ONCE AGAIN WE WANT TO HIGHLIGHT THAT IN THE UP-COMING BUDGET SPEECH WE ARE VERY MUCH WORRIED THE GOVERNMENT WILL USE OCCUPY CENTRAL IN NOT GIVING ANYTHING BACK TO HONG KONG TAXPAYERS OR HONG KONG GRASSROT PEOPLE !
HERE THE NEWS FROM TODAY:
GREEDY PEOPLE RUNNING AFTER BANKNOTES BEING SPILLED OUT FROM A TRANSPORT VEHICLE YESTERDAY IN WAN CHAI !
MONG KOK ALREADY HAD FIGHTING LAST NIGHT AGAIN - IT IS NOT OVER.
WE ALL HOPE YOU FIND SOME NICE FRIENDS IN PRISON MR HUI & MR KWOK. BE AWARE THERE IS NO EXPENSIVE RED WINE & FOOD IS ONLY SO SO.......ENJOY YOUR STAY. WE VERY MUCH HOPE YOU ONLY GET STANDARD TREATMENT !
MR. HUI & MR. KWOK NOW IN JAIL - WE DO NOT CRY, WE DO NOT FEEL MERCY FOR THEM. THIS IS THE KIND OF PEOPLE THE NORMAL HONG KONG PEOPLE ARE VERY TIRED OFF.
Hong Kong property tycoon and former official jailed for corruption
Sun Hung Kai magnate Thomas Kwok and Rafael Hui, former deputy leader, sentenced after seven-month bribery trial
Hong Kong’s former deputy leader Rafael Hui and property tycoon Thomas Kwok have been jailed after being convicted of corruption.
Hui, 66, was sent to prison on Tuesday for seven and a half years after being found guilty of five graft charges, including misconduct in a public office, making him the highest-ranking official in Hong Kong’s history to be convicted of taking bribes.
Kwok, 63 – who was joint chairman of Hong Kong’s biggest property company, Sun Hung Kai – was sentenced to five years after he was found guilty of conspiracy to commit misconduct in a public office over a series of payments totalling HK$8.5m to Hui.
The seven-month trial centred on a total of HK$34m in handouts which the prosecution said were made to Hui by Kwok and his billionaire brother, Raymond, to be their “eyes and ears” in government.
Raymond Kwok was cleared of all charges and Thomas cleared of two of the three against him.
Judge Andrew Macrae told Hui before sentencing: “To know that the former number two in government had received bribes must be a deep disappointment to many people in Hong Kong,” he said. “It is vitally important in these times the Hong Kong government and business community remain and are seen to remain corruption free, particularly when the mainland is taking obvious and positive steps to eradicate the cancer of corruption in their own jurisdiction.”
In sentencing Kwok, he said he had no doubt that he was “at heart a good man”. Macrae said he had considered a maximum sentence of six years but handed down one year less to account for Kwok’s good character.
Before the sentencing hearing, Macrae had described the case as difficult. “One is dealing with otherwise decent men who are not young, but who have committed serious offences,” he said, adding that going to prison would be a “particular hardship” for the defendants.
The payments to Hui were said to have been made via a series of complicated transactions involving middlemen.
Two middlemen, Sun Hung Kai former director Thomas Chan and Francis Kwan – the former non-executive director of investment firm New Environmental Energy Holdings – were also found guilty of two charges. Chan was sentenced to six years while Kwan was given five years.
IT IS VERY CLEAR THAT CY LEUNG HAS ASKED FOR PERMISSION FROM MAINLAND AUTHORITIES TO CLEAR ADMIRALTY, HARCOURT ETC WITH FULL FORCE TOMORROW MORNING ! THIS CY LEUNG LETS HOPE HE WILL DISSAPPEAR VERY SOON - AFTER ALL THAT.
TO YOU PROTESTORS: JUST GO IF YOU WANT A PEACEFUL END.
TO THE TROUBLEMAKERS: GO BACK TO CHINA COLLECT YOUR MONEY AND FUCK OFF !
THERE ARE SO MANY COALITIONS - DO NOT GET BOTHERED BY THE TROUBLEMAKERS
DO NOT BRING THE POLICE INTO AN ARKWARD SITUATION.
HKG POLICE HAS DONE AN INCREDIBLE JOB - THEY ARE YOUR BROTHERS & SISTERS.
WE KNOW FROM VERY RELIABLE SOURCES: MAYORITY OF HKG POLICE DO NOT WANT ANY VIOLENCE AGAINST YOU
SO PLEASE TODAY: STAY RELAXED - CO-OPERATE WITH POLICE AND RETREAT PEACEFULLY.
Hong Kong protestors are cowards - here see some nice & brave agrressive german guys yelling HAUT DRAUF HAUT DRAUF HAUT DRAUF - means beat the Police - enjoy - it is nice - is this what the naive remaining campers want to have in Admiralty ? Go on you little spoiled brats - SUPER NAIVE !
HEAVY ACTION INTO THE TUNNEL CLOSE TO GOVERNMENT BUILDINGS.
BE AWARE FOLLOWING MISTAKES:
1) CY LEUNG IS HIDING & IS NOT ABLE TO HAVE A SAY FOR WHATEVER - PEOPLE TOTALLY LOST CONFIDENCE. THERE IS NO LEADERSHIP.
2) PROTESTORS ALSO OUT OF CONTROL: IT SEEMS SOME OF THIS GUYS ENJOYING NOW THE SWEET SMELL OF HAVING POWER TO PUT A WHOLE CITY INTO HOSTAGE - SORRY ALL THE EFFECT WILL BE REVERSE - NOT HELPFUL THE TOPIC AT ALL !
OKAY HERE A VERY STARK WARNING FROM OUR ORGANISATION:
1) WE ALL KNOW CY LEUNG AND HIS PEOPLE ARE A HUGE FAILURE.
2) NOW IT IS CLOSE TO THE MOMENT THAT THE UMBRELLA MOVEMENT WILL END IN A HUGE FAILURE. MONG KOK MUST RETREAT. WE WANT TO HEAR THE ORGANIZERS OF OCCUPY: MR BENNY, MR WONG & LESTER SHUM - WHERE ARE YOU ? SOON WE WILL CONSIDER YOU SAME LEVEL AS CY LEUNG ! NOT ABLE TO ACT / NOT ABLE TO MAKE DECISIONS / NOT ABLE TO TALK TO THE PEOPLE ! HONG KONG IS NOT GETTING BETTER WITH THAT ! LONG HAIR AND ALL THAT OTHER POLITICAL RATS EARNING HKD 70,000 / MONTH & ENJOY PUBLIC HOUSING. DO US ONE FAVOUR: DO NOT BOTHER US ANYMORE WITH YOUR SHALLOW & FAKE WORDINGS !
HOW MUCH SERIOUS ARE YOU WITH YOUR MOVEMENT NOW ? IF YOU ARE SERIOUS & THINKING IN A POLITICAL WAY - ALL WHAT HAPPENS IN MONG KOK - YOU AGREE ?
3) STREETS & WHOLE DISTRICTS UNDER HOSTAGE BY PROTESTORS FOR "UNIVERSAL SUFFRAGE" ? WE NOW LOOSING VERY MUCH CONFIDENCE IN THE HONESTY OF THIS PROTESTS.
4) HOW MUCH DEMOPCRATIC IS THE MONG KOK ACTION NOW ?
5) HOW MANY OF OUR TAX & GOV RESOURCES YOU PROTESTORS ARE BURNING ?
LAST WARNING HERE:
RETREAT FROM MONG KOK WITHIN THE NEXT 8 HOURS
OTHERWISE YOU CAN BE ASSURED HISTORY WILL CALL YOU THE DESTROYERS OF UMBRELLA MOVEMENT !
ALL THE FAKE PROTESTORS / TRIAD MEMBERS WE HAVE IDENTIFIED ALREADY - THEY WILL GET OUR SPECIAL ATTENTION SOON - IT WILL NOT BE VERY NICE & PEACEFUL - WE WILL CLEAR OUT THAT TROUBLE MAKERS !
HERE ABOUT TODAY TROUBLE IN MONG KOK - SOME UGLY SCENES - NOW SOMEBODY TELL US: HOW MANY IN MONG KOK ARE "REAL" AND HOW MANY ARE JUST TROUBLEMAKERS ? NOBODY KNOWS. HERE THE TONIGHT NEWS 25.11.14
AND HERE YOU SEE HOW DEMONSTRATIONS ARE TREATED IN OTHER COUNTRIES - YOU ALSO CAN SEE WHAT DIFFERENT KIND OF PROTESTORS OTHER COUNTRIES HAVE TO "OFFER" ! HONG KONG IS LIKE KINDERGARTEN COMPARED TO THIS:
FULL FORCE WATER CANONS FROM POLICE / BENGAL CRACKER INTO POLICE / STONES AT POLICE / GLASS AT POLICE / MUMMED DEMONSTRATORS - ALL THE SHOTS YOU HEAR IS FROM DEMONSTRATORS - THE YELLING MEANS BEAT THEM (FROM THE DEMONSTRATORS)
BE AWARE THIS IS NO FUN
AND HER ETHE NEXT ONE - RATHER PUNKY - ALL IN BLACK & READY FOR VIOLENCE - ENJOY THE SHOW !
see the late night news here - it all makes no sense anymore GO HOME - take a rest - please be serious - find other ways - DO NOTGET FOOLED BY SOME HARDLINERS......................news from today are here........................
Guys, people, now it seems to become a very unhealthy discussion about legal points of the injunctions.......endless game - there will be nobody go out as a winner only CY LEUNG - if you do not want to have that kind of result - move out. CY LEUNG is sitting on the Peak and becoming more and more confident that all this in the end will only credit / appraisal him - the movement will be damaged !
Last night violence at LEGCO did not really fit into the until now peaceful protests.
WHAT HAPPENED & WHO IS RESPONSIBLE FOR THIS ?
Later the news sum up here showing some of the last night "highlights". Already the main activists plus politicians released statements saying: This is not us & this is what we do not want to see as it is totally against the law. Some thugs & thieves hired for money triggered that action in order to damage the movement - MOST PROBABLY YES !
OPPORTUNITY FOR THE HONG KONG PEOPLE: NOW ALL OF YOU CAN TRADE ON THE THROUGH TRAIN HKG TO SHANGHAI & VICE VERSA (BUT WITH WHAT MONEY ?????? THE HKD 14,000 CY IS TALKING ABOUT ? yeah YUPPIE WE PRAISE YOU CY !!)
coming days - what will happen ? nobody knows. in this news the show some result of a survey - intertesting: Majority is saying protestetors shall leave now - but also a majority is saying the framework shall be vetoed down - here we can see the real DILEMMA: The people are NOT SATISFIED WITH THE GOVERNMENT ! THE PEOPLE ARE UNHAPPY WITH THE LIVING CONDITIONS IN HONG KONG: BEING MILKED BY PROPERTY COMPANIES, BEING PERMANENTLY TOLD THE PROPERTY MARKET IS GOOD, EVERYTHING GETTING MORE EXPENSIVE - FOOD, PUBLIC TRANSPORT, EDUCATION, HEALTH CARE - NO PERSPECTIVES ESPECIALLY NOT FOR THE YOUNG GENERATION.
1) Rita Fan is telling the students: "Do not waste your youth with sitting on the streets" Real words of Wisdom from Rita. But with this comment she is totally playing DOWN what is going on in Hong Kong right now. Another ARROGANT underestimation of what this MOVEMENT really means. It is not only about political reform - it is also about the total UNHAPPINESS of a mayority of HKG residents> Just working for keeping up a status - no way for saving anything - getting ripped by PARK'N'SHOP, WELCOME, LI KA SHING, PCCW, MTR, KMB and all so many other lobbyied TYCOON COMPANIES !
2) We learn some student leaders want to go Beijing. Sorry to say you want come further than LoWu boarder or someting similar.
3) And here we learn courts are very much struggeling with all that injunctions - is there any FOREIGN FORCE involved making it so difficult ?
Some people arrested of attacking Jimmy Lai yesterday.
Injunction enforcement seems very difficult.
Appeal against injunctions have been refused.
Next injunction from a cross boarder bus company against Harcourt Road & Connaught Road - Monday it will be in the HIGH COURT !
Mood in Hong Kong is very down - the Movement is now showing full effect about how HONG KONG people have been "milked"& "blood sucked" the last 20 or 30 years by companies like the one from Stanley Ho, Li Ka Shing & others of that so-called Tycoons. None of them have raised any voice in regards of the OCCUPY MOVEMENT - surely not to spoil/bother the "good relations"with the mainland.......
Have a good sleep Mr. Leung, Mrs. Carrie, Rita Fan & others.....
We have one question:
Who in Hong Kong right now is representing the interests of the Hong Kong People ?
YES GOOD NEWS FOR SOME KIND OF MONEY BUSINESS - IT SEEMS NOW IT BECOMES EASIER TO CLEAR DIRTY MONEY - OR DO WE MISUNDERSTAND SOMETHING ABOUT THE NEW REGULATIONS - PLEASE FEEL FREE TO INFORM US ABOUT THE HONEST INTENTIONS OF THAT HKG / SHANGHAI FREE STOCK TRADING ..................IT SMELLS - SORRY. HERE TONIGHT NEWS - THE CLEANING OF THE SITES SEEMS TO BECOME A MAYOR ISSUE EVEN W HAVING THAT COURT RULING AT HAND - YES IT AINT EASY - TONIGHT NEWS HERE:
CARRIE HAS POLITELY ASKED TO MOVE & SO ON - CY DID A GREAT JOB IN BEIJING - IF YOU SEE HIS FACE ON THE NEWS: DOES NOT LOOK SO HAPPY............BY THE WAY THE NEW HKG/SHA THROUGH TRAIN ON STOCK MARKET IS ANOTHER WAY OF GETTING OUT THE CORRUPTION MONEY FROM CHINA - CONGRATULATIONS !
HERE TONIGHT NEWS - NOTHING TO SAY WATCH & GET YOUR OWN IDEA:
YOU DID SUCH A GOOD THING TO THE MAJORITY OF THE HONG KONG PEOPLE: WITH YOUR NEVER ENDING EFFORTS YOU HAVE BEEN ABLE TO OPEN THE HKG/SHANGHAI THROUGH TRADING ON THE STOCK MARKET ! THIS IS SURELY A BIG ADVANTAGE FOR THE OLD POUPOU COLLECTING THE CARDBOARDS IN LAI CHI KOK - SHE NOW CAN CROSS TRADE BETWEEN HKG AND SHANGHAI STOCK MARKET - SHE WILL GAMBLE ON THAT MARKET WITH THE 25 HKD SHE MAKES A DAY - WE ARE VERY IMPRESSED !
CY LEUNG THANK YOU VERY MUCH FOR HELPING THE HKG PEOPLE !
CY YOU ARE REALLY SO GOOD FOR THE HONG KONG PEOPLE !
WE ALL NOW CAN EARN A FORTUNE
BECAUSE OF YOU.
WE WILL SEND ALL THAT MONEY TO BVI OR CAYMAN ISLANDS IN ORDER TO MAKE SURE NOBODY TAKE IT AWAY FROM US !
Really super cheap: CY Leung going to Beijing and gets the BIG BREAKTROUGH on that shabby HKG / SHA stock connect - WOW MR Leung we all really have to say HURRAY ! What a "good person" you are. Doing so much good things for the HKG money elite ! And surely the decision for this difficult project was mostly DELAYED by the BAD STUDENTS & YOU, YES YOU MR CY LEUNG WITH YOUR SMART WORDS COULD NOW SOLVE THAT PROBLEM IN BEIJING !
CONGRATULATIONS ON YOUR EFFORTS TO DO SOMETHING "GOOD" TO HKG !
ONLY PEOPLE WITH AN INCOME OF HKD 14,000 / MONTHLY GOING TO BUY THIS !
Xi Jinping gives Hong Kong Chief Executive Leung Chun-ying a gift over Occupy demands
Alex Lo is a senior writer at the South China Morning Post. He writes editorials and the daily “My Take” column on page 2. He also edits the weekly science and technology page in Sunday Morning Post.
Xi gives CY a gift over Occupy demands
The Occupy movement has always fought on two fronts: "real" democracy and the collapse of the Leung Chun-ying administration.
But it's now clear, even to its own leaders, that the immediate goal of full democratisation is unreachable, at least for the 2017 chief executive election.
So there has now been a tactical shift. The student leaders are seeking what they hope is achievable: the de-legitimisation and collapse of the government.
In that sense, the movement has morphed into the long-standing goal of the pan-democratic camp from the first day that Leung took over as chief executive - to expose his political illegitimacy.
The pan-dems' campaign of total non-cooperation must be understood in this context, though it risks the ire of the public, which may well blame them as much as the government for doing nothing.
In recent weeks student leaders have made more conciliatory statements towards Beijing. This includes saying their goal was never to challenge the authority of the central government; and blaming the first round of "biased and defective" political reform consultation on Leung's government, so Beijing might not have really understood Hong Kong people's wishes when it issued the August 31 edict on reform. Consequently, it is necessary for student leaders to hold direct talks with the central government. The real goal is to bypass Leung's government and demonstrate its irrelevance.
But Beijing has turned down any offer to meet, saying it "understands the different views in Hong Kong" and that the August 31 decision reflects its understanding of the city's actual situation.
In the past month, Beijing has repeatedly stated its support for Leung because the Occupy movement's demand for his head is seen as a direct challenge to its authority.
The delay in rolling out the Shanghai-Hong Kong stock exchange through-train has been widely seen by insiders as part of Beijing's effort to signal its displeasure at developments in Hong Kong. Over the weekend, Leung secured the green light for the stock scheme from President Xi Jinping . Coming as popular support for the Occupy movement is waning, it's Xi's gift to Leung for a victory dance.
This article appeared in the South China Morning Post print edition as Xi gives CY a gift over Occupy demands
Wong Yik-mo is one of many residents whose income is too high to qualify for subsidised housing, but too low to afford renting in the open market. He lives with his parents. Photo: May Tse
Wong Yik-mo can't wait to move out of his parents' home in Jordan, and it's easy to understand why. He and his wife are among five adults - along with his parents and older brother - sharing a 500 sq ft flat.
The little personal space means quality sleep is hard to come by.
"My dad has poor hearing. He always watches television late into the night with the volume turned up, which makes it difficult to sleep."
The 35-year-old became so desperate that, in February, he quit his job as a warehouse worker to qualify for public housing.
As incredible as it seems, Wong's drastic action makes sense in light of the dire housing opportunities for young people in Hong Kong.
Wong must apply for public housing as a single person because his mainlander wife is considered a non-resident. The HK$14,000 he earned at the warehouse exceeded the HK$9,670 salary cap for single candidates, which led to his application being rejected this year. That was when he decided he had to give up his job and put in a fresh application.
"I'm now doing odd jobs that pay day rates, mainly on construction sites or as a delivery worker. The pay is so low that I can't contribute household expenses to my parents. However, because it's much more difficult to get a flat than find a job in Hong Kong, quitting is the sensible thing to do," he says.
Stories such as Wong's are increasingly common amid the acute shortage of low-cost and subsidised housing as the cost of renting or buying private property continues to escalate.
About 28,000 new public housing flats were completed annually between 1997 and 2002, but numbers plummeted when the Sars outbreak pushed the city into recession. The supply of public rental flats has only edged up slightly in recent years, rising from 11,186 new units built in 2011 to 14,057 units in 2013.
What's more, construction of Home Ownership Scheme (HOS) units, which used to supply 18,000 subsidised mid-range flats for purchase each year, was halted in 2003. In the difficult economic climate, the government responded to developers' bitter complaints about the listless housing market by imposing an indefinite moratorium. That was lifted in 2011, but the first of the new HOS flats isn't expected to be ready until 2016.
The shortage of subsidised housing has hit young singles the hardest. The number of single applicants under 30 years old has risen more than fourfold from 13,000 in 2007 to more than 60,000 this year, about half of whom have post-secondary education.
There were 255,800 applicants awaiting public housing at the end of June. Of these, 130,000 were single people under 60 years old - quadruple the equivalent 2005 figure of 30,000 applicants.
Why are people willing to make such a big sacrifice for a home? It's a question that society should consider
Wong Kwan, chairman of the Federation of Public Housing Estates Resident and Shopowner Organisations
As a result, working-class residents go to extraordinary lengths to try to secure public housing. Besides giving up a stable job, tips making the rounds on internet forums include faking family conflicts or mental illnesses to get a flat on compassionate grounds. Because means tests are administered between six months and two years before people are considered for allocation, another common tactic is switch to lower-paying jobs when the assessment is imminent.
A 45-year-old security guard surnamed Lo has done just that. The divorcee makes more than HK$10,000 a month in her job in a Yuen Long development, but has recently asked her supervisor to schedule fewer days of work so that her salary would not exceed the limit for a single applicant.
"I check my number on the queue all the time. I know it's my turn soon to get checked," she says.
When she applied for a flat, Lo worked 12 hours every day but earned just HK$7,000. But the introduction of a minimum wage in 2011 pushed her above the eligible income bracket.
"I don't know what single person would be eligible for public housing; even a lowly security guard earns HK$10,000 now. I was forced to adopt the salary ruse," she says.
Once she secures a public rental flat, Lo can return to normal work as tenants are means tested a decade after they move in. From their 11th year, they must report their salaries to the Housing Authority every two years; those who exceed salary limits are required to pay higher rents but it is still far below private rentals.
The various ploys being adopted by residents reflect their desperation, says Wong Kwan, chairman of the Federation of Public Housing Estates Resident and Shopowner Organisations.
"People are unable to fulfil their housing needs in the private market, so they would rather seek a salary freeze or deduction, or even quit their jobs to be eligible [for public housing]. Why are people willing to make such a big sacrifice for a home? It's a question that society should consider."
Applications for public housing are separated into three queues: families (three years' wait), elderly singles (two years) and single people under the age of 60.
Under the Housing Authority's scoring system, younger singles need 170 points to secure a flat. Applicants need to be at least 18 years old, and points are awarded based on age (three points for every year above 18) and length of wait. So an 18-year-old would start with no points, a 20-year-old would have six points on application. And for every month's wait, they are given an extra point.
That's why many young people now try to beat the system by taking a similar path to Martin Lam Chun-yin's. A sound technician, he applied as soon as he turned 18. He was earning HK$8,000 at the time, putting him within the income bracket for public housing. Now 26, he should have about 96 points, but since he still lives with his family in a public housing flat, 30 points are deducted from the total.
The number of flats allocated to younger singles each year is capped at about 2,200 flats (10 per cent of the total), which means chances are slim. A recent overhaul of the scoring system further stacks the odds against young people. Under the changes that come into effect in February, applicants are awarded nine points instead of three for each year that they are above 18. People aged 45 or above receive an extra 60 points.
Lam views these measures as discrimination against young single people:
"Under the new system, single people won't be allocated a flat until they are at least 45 years old … Especially for a man, living with the family reflects badly on his image," he says. "But if I were renting, I wouldn't be able to contribute to my family."
Census figures show that the ratio of Hongkongers under 25 who are still living with their parents has increased from 93.9 per cent in 2006 to 95 per cent in 2011. For those aged between 25 and 34, the ratio rose from 43.9 per cent to 47.7 per cent.
This is understandable. Despite rising inflation and skyrocketing property prices, young people's salaries have stagnated: the median income of people aged from 15 to 24 remained at HK$8,000 for the decade from 2001 and 2011. Median income for people aged 25 to 34 rose by just HK$250 in the same period - to HK$12,500.
Under this system, it's almost impossible for single people under the age of 35 to be allotted a public housing flat, Wong Kwan says.
The figures support Wong's contention. Of 12,138 public rental flats available between 2006 and 2012, just 156 went to people aged from 30 to 39; no flats were allocated to anyone under the age of 30.
Some might get a flat on compassionate grounds such as fights in the family, and others accept flats originally designed for the elderly. There are about 40,000 such flats in blocks spread across Tuen Mun, Wong Tai Sin and Kwun Tong, which are unpopular with the elderly because toilets and kitchens are shared. Groups stage a lie-in protest against the Housing Authority's plans to tighten up on public housing for singles under 35. Photo: K.Y. Cheng
But because these blocks are quite new, it's not sensible to tear them down. So the Housing Authority allows young people who are willing to accept those flats to jump the queue, Wong says. "It's not that young people don't mind sharing facilities, it's just that there's no way they can get a flat otherwise."
The government should increase the supply of subsidised housing to alleviate this situation, Wong says.
They could also give incentives such as mortgage schemes to encourage tenants to buy HOS flats, freeing up more public rental flats for the poor who are in greatest need of cheap accommodation.
"Before 1997, it was possible for young graduates to buy a flat after working for about 10 years. Now it's just impossible; housing prices are rising at a rate far exceeding that of salary increases. For many young people, the ultimate aim is not to secure a public housing flat but to gain eligibility as a tenant to buy an HOS flat at a deep discount. And with an HOS flat, they are no longer subject to means testing and can take on any job they like."
Wong argues that giving incentives for home purchase would still bring public savings.
"That's because the government's annual subsidy for public housing is a lot more than that for HOS flats. When HOS flats are resold in the private market, owners must pay a land premium to the government. But a family in public housing could live there for the rest of their lives and transfer the flat to their children, who also live there permanently. The subsidy to these families is a lot greater."
This article appeared in the South China Morning Post print edition as Singled out
FINALLY CY LEUNG GETS APPRAISAL FROM XI JIN PING FOR HIS "GOOD JOB" DOING IN HONG KONG. A LOT OF HOT AIR SPEECHES AT THE SIDELINES OF THE APEC MEETINGS. TOMORROW IS CRITICAL FOR THE PROTEST SIDES.
WE HAVE CHECKED & CHECKED WHY IT COULD COME SO FAR: BOTH PARTIES INVOLVED (PROTESTORS & GOVERNMENT) MADE MAYOR MISTAKES FROM DAY ONE ON:
1) EVERYBODY SHOULD HAVE BEEN CLEAR ABOUT THE BEIJING IDEA HOW THAT "UNIVERSAL SUFFRAGE" WILL BE IMPLEMENTED INTO HONG KONG. WHY WAIT THAT LONG ? WHY NOT EARLIER START SOME TALKING TO AVOID THAT END OF AUGUST DECISION ?
2) HKG GOVERNMENT IS DEGRADING THEM NOW AS A TAPE-RECORDER OF BEIJING GOVERNMENT - THIS IS WHAT NORMAL HKG PEOPLE DO NOT LIKE. THIS HAS NOTHING TO DO WITH THE MOVEMENT - THIS IS HISTORY.
HERE THE NEWS WHERE CY IS NOT DOING ANYTHING FOR THE HKG PEOPLE - IT IS ALL ABOUT MONEY (XI HAS A LOT IN SOME OTHER COUNTRIES - SO CY HAS):
ChinaLeaks: Exposé on Chinese elite’s offshore accounts comes at sensitive time
Family members of Deng Xiaoping and Xi Jinping, along with Tencent billionaire and China's richest woman, are among 20,000 people in Hong Kong, the mainland and Taiwan whose offshore holdings have been exposed.
A combined images of some famous billionaires mentioned in the ICIJ report. Photo: SCMP Pictures
Relatives of at least five current and former members of China’s top leadership have been exposed as having offshore accounts, as part of a revelatory report by investigative journalists.
The leak, part of a package of 2.5 million files obtained by the International Consortium of Investigative Journalists, points to nearly 22,000 offshore clients with addresses in mainland China and Hong Kong and 16,000 offshore clients from Taiwan.
"China has become a leading market for offshore havens that peddle secrecy, tax shelters and streamlined international deal-making,” the report said. “Every corner of China’s economy, from oil to green energy and from mining to arms trading, appears in the ICIJ data.”
The anti-corruption crackdowns in China may have accelerated such trends
Dali Yang, political scientist
While offshore accounts do not imply illegal behaviour per se, the report comes at a crucial moment in China’s ongoing debate on the wealth amassed by family members of China’s top leaders.
It coincides with the trial of Xu Zhiyong, the founder of the New Citizen Movement, a grass-roots campaign which has called for the declaration of assets by government officials. Xu and other members of the movement stand trial this week on charges of “assembling a crowd to disrupt public order”.
Previous reports by Bloomberg and The New York Times have revealed the wealth of the families of President Xi Jinping and former Premier Wen Jiabao, as company records and stock exchange filings made the obscure dealings of China’s elite more transparent.
The ICIJ's revelations on Wednesday has shed further light into such family fortunes.
Deng Jiagui, brother-in-law of China’s President Xi Jinping, as well as Wen Yunsong and Wen Ruchun, two children of former premier Wen Jiabao, appear to have held offshore accounts, according to the ICIJ.
Other prominent names on the Cook Islands or British Virgin Islands accounts include relatives of Deng Xiaoping, former president Hu Jintao and former premier Li Peng.
For Dali Yang, a political scientist at the University of Chicago, these offshore bank accounts are the result of concerns over the world’s second-largest economy’s stability.
“The fact that some of China’s most politically well-connected families are implicated suggest that they are as worried about the safety and anonymity of their assets as many others,” he said.
“The anti-corruption crackdowns in China may have accelerated such trends,” he added, referring to an ongoing anti-corruption campaign under Xi's administration.
Earlier this month, the Communist Party’s Central Committee revised its guidelines on cadres, barring the promotion of so-called “naked officials" -- officials with direct family members abroad.
Last year, at least 1.2 million cadres would have been affected, according to an estimate by Chinese Academy of Governance professor Zhu Lijia.
“It’ll be a stumbling block for some of these people,” said Steven Lewis from Rice University in Houston, Texas. “But they’ll go to slightly more distant relatives.”
The business connection
The ICIJ report also mentions some of China’s most prominent entrepreneurs, pointing to how the political dynasties have developed close ties with the country’s business elite.
China’s richest woman, Yang Huiyan, the majority shareholder of property developer Country Garden Holdings, China’s richest man Pony Ma Huateng, founder of internet giant Tencent, and real estate billionaire Zhang Xin, who founded Soho China, are all reported to hold so far unreported offshore accounts.
As the rich get richer ... by using the world’s shadow financial system ... the middle class, the working class and the nation’s poor suffer
Clark Gascoigne, think tank spokesperson
It also includes names of officials who have been implicated in the ongoing graft investigation against China’s former security czar Zhou Yongkang, the nation’s highest-profile probe in recent history.
Many mainland companies have sold their products at low prices to their own offshore subsidiaries. The subsidiaries then, in such structures, resell the products at higher prices avoiding the payment of some mainand tax.
The subsidiaries can then repatriate the profits or opt to keep them abroad, avoiding China’s restrictive regime on cash outflows.
Around US$400 billion have been brought back to China through trade invoicing since 2006 just through Hong Kong, the Washington-based think tank Global Financial Integrity (GFI) estimated in a report released earlier this month. Clark Gascoigne, spokesperson for the think tank, which has been tracking global illicit money flows since 2006, said China is the world’s biggest exporter of illicit capital, ahead of Russia and Mexico. (Full story here)
“As the rich get richer through tax evasion and by using the world’s shadow financial system to shelter and multiply their illicit wealth, the middle class, the working class and the nation’s poor suffer,” he said, pointing to the government’s inability to tax those able to hide their wealth and to monitor bribes via offshore accounts.
The ICIJ report said it could substaniate evidence “that many Chinese companies and individuals have used offshore entities to engage in illicit or illegal behaviour”, citing offshore accounts by former officials of the now-dissolved Ministry of Railways and state-run shipping giant Cosco who have received jail sentences for graft in recent years.
Response to exposé
It is unclear who leaked the documents, which the ICIJ said came from two companies that help set up offshore accounts: Portcullis TrustNet in Singapore and Commonwealth Trust Limited in the British Virgin Islands.
The number of companies TrustNet established for clients in greater China more than tripled from 1,500 to 4,800 between 2003 and 2007, ICIJ said.
A dramatic decrease in company incorporations followed the ICIJ’s first release of company names in April last year. As of the end of September 2013 (the latest figures made available by the British Virgin Islands Financial Services Commission), new incorporations fell 14.4 per cent to 48,507.
At that time, 480,072 corporations were registered in the British overseas territory, which has a population of 23,000.
The first batch of files had already pinpointed some account holders in Hong Kong, but the consortium seems to have kept most of its China-related findings under wraps until Wednesday.
The ICIJ website was blocked in China as of Wednesday and comments on the report have been quickly deleted on Chinese social media.
“This is a continuing trend in a world where more and more information is now available covertly or overtly,” said Kerry Brown, professor of Chinese politics at the University of Sydney.
“Maybe Xi and his colleagues are being very pragmatic in admitting that the way parts of the political/business elite hid money in the past is no longer feasible: like it or not, it will be found out.”
Reports by ICIJ and its partners revealing the secretive offshore holdings of China’s political and financial elite have generated a global wave of media coverage and an aggressive censorship campaign by Chinese authorities.
Last week, China Digital Times, a website that monitors censorship instructions, published details of a government directive to Chinese websites ordering that content related to China Leaks must be “deleted without exception,” and warning them to block user IDs of “those with an evil influence.” Yet only days after the government scrambled to censor the story, Chinese tax commissioner Wang Jun vowed that China would step up its participation in international efforts to combat tax evasion and crack down on tax fraud within the nation.
The moves came in response to exposés published by ICIJ and more than a dozen media partners around the world, who probed various aspects of China’s hidden offshore wealth. A selection of front page stories from across the globe can be viewed here. These are some of the highlights:
In Switzerland, Le Matin examined how Swiss banking giant Credit Suisse helped relatives of China’s elite establish offshore holdings. Their clients included Wen Yunsong, also known as Winston Wen, the son of former Premier Wen Jiabao. You can read the stories here (in French, German and Spanish).
In France, correspondents from Le Monde travelled to the British Virgin Islands, the home of most of the offshore companies revealed in the reports. During a visit to a high-school class on finance, students were taught that the BVI had been caught unprepared by a powerful recent hurricane that recently battered its shores: the hurricane known as ICIJ.
In Hong Kong, the South China Morning Post published a detailed exposé of undeclared offshore accounts by two members of the Hong Kong government’s Commission on Poverty.
In Germany, Süddeutsche Zeitungprobed the role of powerful banks including Deutsche Bank, UBS and Credit Suisse in helping Chinese elites set up offshore accounts. (Here’s a story about the reports in English.) Süddeutsche also produced a PDF version of their story in Chinese that could be distributed in China once the internet was blocked, and reported more than 7,600 downloads of the document in the first few days.
In Southeast Asia, ICIJ partners in Japan, South Korea, Taiwan and the Philippinesall published China Leaks exposés. CommonWealth Magazine in Taiwan revealed that more than a dozen billionaire owners of some of Taiwan’s largest corporations had offshore holdings. The Korea Center for Investigative Journalism, whose Offshore Leaks reporting earlier this year prompted the family of former dictator Chun Doo-Hwan to pay more than $150 million in fines for looting assets, published print and television reports on the revelations (in Korean).
In the UK and the U.S., The Guardian published reports on China Leaks and covered the sweeping censorship campaign by the Chinese government that followed. A propaganda directive by Chinese authorities ordered websites and services in China to “immediately find and remove the foreign media report “China’s Secret Offshore Tax Havens” and that “related images and accusatory comments about leaders and the system [of government] must be deleted without exception.” The directive also called on the sites to block the user IDs of “those with an evil influence.”
In Spain, El País examined how the Chinese elite’s offshore holdings have contributed to growing inequality in the nominally Communist country. China’s Gini coefficient, a leading measure of economic inequality, recently surpassed that of Europe and the United States. The stories were part of 19 pages in print, including consecutive front page stories, that El Pais devoted to China Leaks.
In addition to reports by ICIJ’s partners, the story was picked up by leading media outlets around the world. The international reports and responses generated by China Leaks include:
A lengthy report in the New York Times that detailed ICIJ’s findings. ICIJ partnered with the Times on a recent Offshore Leaks story that examined offshore trusts in the Cook Islands used to stash wealth beyond the reach of United States law.
The New Yorker published an examination of ICIJ’s reporting, and noted that its collaborative approach posed a broad challenge to the Chinese government’s efforts to control the foreign press.
The Agence France-Press published a story about ICIJ in the wake of Chinaleaks that called the report a “new coup” for the organization. The story described ICIJ as “a powerful strike force” for international investigative journalism.
Monitoring of China’s popular social network Sina Weibo showed that ICIJ’s interactive graphic showing Chinese princelings with offshore holdings was a popular image among users before it was targeted by censors. Once authorities began targeting the report, the acronym “ICIJ” was promptly censored from Weibo.
Additional media outlets that have covered the China Leaks revelations include the Associated Press, Fox News, the Financial Times, CNN, Agence France‑Presse, MSNBC and Australia’s Sydney Morning Herald, among numerous others.
A roundup of official reactions to the overall Offshore Leaks project can be seen here.
no. 1 message:
Students will not go to the APEC SUMMIT in Beijing - one already refused entry to Shenzhen
no. 2 message:
Tung Chee Wa not responding in a proper way - just as a tape recorder
no.. 3 message:
Emily we really love your statement in that interview - Carrie Lam & CY Leung can you still sleep ?
And then afer all that occupy things in the news: About corruption in China esp in the Government - nice ! And the remaining bunch of folks are all that trustworthy ? 18,000 fled China in the last 20 years or so with a whooping 800 billion RMB (believe it or not - maybe it is much more). Corruption is everywhere in China - some examples here:
1) You are a factory owner with a local registration ? You will have multiply visits form officials for "inspection" and then being asked RMB 800 per visitor. Need a receipt ? No problem then it is 1,800.
2) You register a small WOFE ? Good guy - honest business guaranteed for you only. Soon some guys will come confiscate all your computer equipment - and then you can buy it back a few days later.
3) Any trouble with troublesome workers ? Easy job. Go to the next police station - tell the uniformed guys your problem - fork out a few hundred for each of them. They will come your place & take care the problem.
4) All is very creative and always welcome new ideas. Whatever can bring a few buck is welcome.
5) You are such kind of idiot to order Luis Vuitton bags online with a China supplier ? Good you get together with the fake bag an "original receipt" from the LV shop in Prince Buildings in HKG + a fake copy of a credit card receipt - all with your name on it - VERY COOL. You are safe if any customs officer in EU or USA challenge you about the IP of that bag.
6) Need more ? At an International Exhibition recently in Shanghai outside hawkers selling fake badges for RMB 10 per piece. Inside you had a lot of hawkers foe fake watches - some guys passed nice nam,e cards with half naked woman pictures - this was apparently some kind of hookers advertisement.
Umbrellas were supposed to be out, but it rained at anti-Occupy rally
PUBLISHED : Saturday, 08 November, 2014, 4:04am
UPDATED : Saturday, 08 November, 2014, 4:04am
Joyce Ng and Emily Tsang
Anti-Occupy demonstrators in Victoria Park. Photo: Felix Wong
A small group of anti-Occupy demonstrators, including a man accused of assaulting a reporter, gathered in Victoria Park last night to denounce the civil disobedience movement.
The rally, organised by a group calling themselves "Occupy Central does not represent me", started in heavy rain.
About 200 people sat under a tarpaulin and - ironically - umbrellas, holding signboards that read "go home". Organisers had asked participants not to bring umbrellas, which have become the main symbol of the Occupy Central movement.
Among the demonstrators calling on those who have been occupying sites in Admiralty, Mong Kok and Causeway Bay for the past six weeks to abandon their sit-in was Sam So Ming-sang, a Chinese medicine practitioner who has been arrested on suspicion of assaulting a TVB reporter at another anti-Occupy rally in Tsim Sha Tsui last month.
One organiser, Tang Tak-shing, who said he was a farmer, said the event aimed to allow the "silent majority" to speak up against the Occupy movement. "The roads have been blocked for more than 40 days, the livelihoods of normal people are greatly affected," Tang said.
More than 20 people took turns to speak on the stage, urging the mainly student protesters to return to class.
Meanwhile, the Federation of Students delivered an open letter to former chief executive Tung Chee-hwa, asking him to arrange a meeting with state leaders so they can put across their views on electoral reform. The federation also said it would postpone a planned trip by members to Beijing until after next week's Asia-Pacific Economic Cooperation forum leaders' summit.
In the letter, the students asked Tung, also a vice-chairman of the Chinese People's Political Consultative Conference, for his help, saying the Hong Kong government had "lost the will to act and the ability to govern".
"Participants of Occupy have always hoped to propel social and political reform - they are not blindly occupying [the streets]," the letter reads. "We sincerely hope Mr Tung can demonstrate his statesmanship, not just by taking businessmen to the north, but also by arranging for students to meet central government officials in Hong Kong or in Beijing."
In September, Tung led a 70-strong delegation including tycoons and members of the business elite to the capital to meet President Xi Jinping .
The students say they hope to talk to Zhang Dejiang , chairman of the National People's Congress, and Li Fei , chairman of the NPC's Basic Law Committee.
Alex Chow Yong-kang, secretary general of the federation, explained why they had put off going to Beijing.
"We have taken the advice of friends working on the mainland that crashing the Apec summit may only raise tensions," he said.
Tung's office has yet to give a response.
Meanwhile, Chief Executive Leung Chun-ying is expected to meet Xi in Beijing tomorrow ahead of the Apec summit.
And in another development, the student activist group Scholarism claimed one of its members had been denied entry to Shenzhen, despite the trip being of a "personal nature".