Frederick Ma Si-hang | |
---|---|
馬時亨 | |
Secretary for Commerce and Economic Development | |
In office 1 July 2007 –11 July 2008 | |
Chief Executive | Donald Tsang |
Preceded by | Joseph Wong Stephen Ip |
Succeeded by | Rita Lau |
Secretary for Financial Services and the Treasury | |
In office 1 July 2002 –30 June 2007 | |
Preceded by | Stephen Ip Denise Yue |
Succeeded by | KC Chan |
Personal details | |
Born | British Hong Kong | 22 February 1952
Alma mater | University of Hong Kong |
Frederick Ma Si-hang | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 馬時亨 | ||||||||||
Simplified Chinese | 马时亨 | ||||||||||
|
Frederick Ma Si-hang GBS JP is a Hong Kong politician and administrator who was chairman of the MTR Corporation from 2015 to 2019.
As a former Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region, he was a popular figure with the public and with legislators of all parties. He is the cousin of entertainer Eric Tsang [1] and uncle of evangelist Jaeson Ma. [2]
Ma was born the eldest of four children on 22 February 1952, and his father died when Ma was in his teens. He attended New Method College in Tai Hang, where his academic results were "less than fantastic". However, whilst there, he won an inter-school project for Hong Kong tourism. [3] He earned a Bachelor of Arts in Economics and History with Third-class Honours at the University of Hong Kong. [4]
He graduated in 1973, dreaming of working for Cathay Pacific. As he was due to attend a second interview with the airline, Chase Manhattan made an offer with a promised starting salary of HK$1,600. He accepted the job with the bank, and was relocated to New York three years later. [3] At 27, he became Group Head of Chase Manhattan, in charge of institutional banking. After Chase, he became Chief Financial Officer of PCCW.
Giving up an annual salary of in excess of HK$10 million, Ma joined the government as a 'cabinet-level' political appointee under the Principal Officials Accountability System since 1 July 2002. [5]
Ma declared himself to be a Christian in 2002, and was affectionately known in Hong Kong as "Fat Ma" because of his portly physique. [6]
He served as Secretary for Financial Services and the Treasury for a term of five years. In 2007, after Donald Tsang re-elected as Chief Executive of Hong Kong, Ma continued in SAR government, served as Secretary for Commerce and Economic Development. On 24 June 2008, Ma resigned from the government for health reasons. He was diagnosed with "cavernous hemangioma" and "venous angioma" (blood vessel tumours) in the brain. [7]
In October 2008, Ma took up an honorary professorship at the School of Economics and Finance at the University of Hong Kong. [8] During his time out, he took up a regime of exercise and lost 17 pounds, to finally weigh 180 pounds. [3]
In 2009, he was invited to the International Advisory Council of the Chinese sovereign wealth fund China Investment Corporation. [9] He was awarded a Gold Bauhinia Star. [4] It was announced in early November that Ma had been named the new non-executive chairman of China Strategic Holdings SEHK : 235 ; Raymond Or was named the company's vice-chairman and CEO. [10] The company's shares, which were suspended pending the announcement, closed 78 percent higher when they were relisted. [11]
Ma was appointed Justice of the Peace in 2010. [4]
In July 2015, Ma was named the chairman of the MTR Corporation, a position he held until 2019. [12] He became chairman of the Education University of Hong Kong's governing council on 25 April 2017, by appointment of the Chief Executive. His three-year term expired in 2020. [13]
The politics of Hong Kong takes place in a framework of a political system dominated by its quasi-constitutional document, the Hong Kong Basic Law, its own legislature, the Chief Executive as the head of government and of the Special Administrative Region and of a politically constrained multi-party presidential system. The Government of the Hong Kong Special Administrative Region of the People's Republic of China is led by the Chief Executive, the head of government.
Tung Chee-hwa is a Hong Kong businessman and retired politician who served as the first Chief Executive of Hong Kong between 1997 and 2005, upon the transfer of sovereignty on 1 July. He served as a vice chairman of the Chinese People's Political Consultative Conference (CPPCC) between 2005 and 2023.
The Mass Transit Railway (MTR) is a major public transport network serving Hong Kong. Operated by the MTR Corporation (MTRCL), it consists of heavy rail, light rail, and feeder bus services, centred around a 10-line rapid transit network, serving the urbanised areas of Hong Kong Island, Kowloon, and the New Territories. The system encompasses 245.3 km (152.4 mi) of railways, as of December 2022, with 179 stations—including 99 heavy rail stations, 68 light rail stops and 1 high-speed rail terminus.
The Kowloon-Canton Railway Corporation is a Hong Kong wholly government-owned railway and land asset manager. It was established in 1982 under the Kowloon-Canton Railway Corporation Ordinance for the purposes of operating the Kowloon–Canton Railway (KCR), and to construct and operate other new railways. On 2 December 2007, the MTR Corporation Limited (MTRCL), another railway operator in Hong Kong, took over the operations of the KCR network under a 50-year service concession agreement, which can be extended. Under the service concession, KCRC retains ownership of the KCR network with the MTRCL making annual payments to KCRC for the right to operate the network. The KCRC's activities are governed by the KCRC Ordinance as amended in 2007 by the Rail Merger Ordinance to enable the service concession agreement to be entered into with the MTR Corporation Limited.
Antony Leung Kam-chungGBS OBE JP is a businessman who served as Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), from 29 May 2001 until his resignation on 16 July 2003.
Henry Tang Ying-yen 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.
Sir Donald Tsang Yam-kuen is a former Hong Kong civil servant who served as the second Chief Executive of Hong Kong from 2005 to 2012.
Andrew Li Kwok-nang is a retired Hong Kong judge, and a former Chief Justice of Hong Kong, who was the first to preside over the Hong Kong Court of Final Appeal, established on 1 July 1997. Li was succeeded by Geoffrey Ma on 1 September 2010.
MTR Corporation Limited is a majority government-owned public transport operator and property developer in Hong Kong which operates the Mass Transit Railway, the most popular public transport network in Hong Kong. It is listed on the Hong Kong Exchange and is a component of the Hang Seng Index. The MTR additionally invests in railways across different parts of the world, including franchised contracts to operate rapid transit systems in London, Stockholm, Beijing, Hangzhou, Taipa, Shenzhen, Sydney, and a suburban rail system in Melbourne.
Hung Hom is a passenger railway station in Hung Hom, Kowloon, Hong Kong. It is an interchange station between the East Rail line and the Tuen Ma line domestic services of the MTR network, as well as the southern terminus of cross-border through-trains to mainland China which has been suspended since 4 February 2020. The station is one of four Hong Kong ports of entry on the MTR network; the others are Lo Wu, Lok Ma Chau, and West Kowloon. This station serves the southern terminus of the East Rail Line in early morning before the first northbound train from Admiralty arrives. As the station is located next to the Cross-Harbour Tunnel's northern portal, it is also served by many cross-harbour bus routes.
Sir David Li Kwok-poGBM GBS OBE JP is a Hong Kong banker and politician. He is the executive chairman of the Bank of East Asia and pro-chancellor of the University of Hong Kong. He was a member of the Legislative Council of Hong Kong and the Executive Council of Hong Kong in the 2000s.
John Tsang Chun-wah, GBM, JP is a Hong Kong former senior civil servant and government official who was the longest-serving Financial Secretary of Hong Kong SAR to date, from 2007 to 2017.
Standard Chartered Hong Kong is a licensed bank incorporated in Hong Kong and a subsidiary of Standard Chartered. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
The Political Appointments System is a scheme introduced in 2008 by the Hong Kong Government to reinforce its ministerial team by superseding the Principal Officials Accountability System and inserting two layers of politically appointed officials below the secretaries, who are political appointees. These appointees report only to the secretaries, but not the permanent secretaries, the highest-ranking civil servants. The appointment of undersecretaries and political assistants is an extension of the previous RPAS that was initially confined to principal officials. Prior to the introduction, there were 14 political appointees—3 Secretaries of Departments and 11 Directors of Bureaux.
The Second term of Donald Tsang as Chief Executive of Hong Kong, officially referred to as "The 3rd term Chief Executive of Hong Kong" relates to the period of governance of Hong Kong since the transfer of sovereignty over Hong Kong, between 1 July 2007 and 30 June 2012. Former civil-servant Donald Tsang was the Chief Executive throughout the duration.
Since the British colonialisation in 1841 after the First Opium War, Hong Kong has grown from a stony outcrop on the southern coast of China to a territory whose property prices are among the highest in the world. The territory has a land mass of 1,111 km2 (429 sq mi). According to government figures as at 2018, most of the land in Hong Kong is woodland, shrubland and grassland – much of which designated as country parks such as Lion Rock, Plover Cove Country Park and Sai Kung East Country Park, and only approximately 25% of the land mass out of the total territory is classed as "built-up". Most of the 7.3 million people in Hong Kong inhabit an area measuring 78 km2 (30 sq mi). Excluding rural settlement housing, which represents 7% of the city's total domestic households, the remainder of the population is effectively squeezed into an area of 42 km2 (16 sq mi). Property developers play a direct role in housing in Hong Kong, including the hoarding of approximately 1,000 hectares of agricultural land which could otherwise be used for housing.
The 2017 Hong Kong Chief Executive election was held on 26 March 2017 for the 5th term of the Chief Executive of Hong Kong (CE), the highest office of the Hong Kong Special Administrative Region (HKSAR). Former Chief Secretary for Administration Carrie Lam beat former Financial Secretary John Tsang and retired judge Woo Kwok-hing, receiving 777 votes from the 1,194-member Election Committee.
Horace Cheung Kwok-kwan, JP is a Hong Kong solicitor and politician and the former vice-chairman of the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB), the largest pro-Beijing party in Hong Kong. He was elected to Legislative Council of Hong Kong in 2016 through the Hong Kong Island constituency, and re-elected in 2021 through the Election Committee constituency. He is the current Deputy Secretary for Justice.
The history of the South Island line and West Island line encompasses a number of proposals which were made for extending the Hong Kong MTR metro system to the south and west of Hong Kong Island, which were not serviced by any rail transport before 2014. The West Island line opened as an extension of the Island line on 28 December 2014. The South Island line has completed construction and commenced service on 28 December 2016. The proposed South Island line (West) is still in the planning phase and is expected to begin in 2021.
Events in the year 2018 in Hong Kong.
Academic offices information was obtained from