Hong Kong Internal Report

1
Hong Kong Internal Report

• ASES Summit 2002 at Shanghai
• August 30, 2002

2
Creation of a Hong Kong Chapter

• Need for ASES-HK
• ASES-HK Organization
• Kicking Off ASES-HK
• ASES-HK Founding Committee
• ASES Summit 2003 at Hong Kong
• Plan for 2002/2003
• Timeline and Milestones
• Preview of Hong Kong Summit Activities

3
Need for ASES-HK

• Hong Kong has long been established itself as a
  major entrepreneurial force in Asia
• No exiting organization in Hong Kong with a
  similar scope as ASES
• Opportunity to allow our university students to
  become an active part of a well-established
  global entrepreneurial organization

4
ASES-HK Organization

• Join university organization
• Members from selected societies of universities
  and individuals are invited to join
• Engineering and business societies are likely to
  be our recruiting targets

5
Kicking Off ASES-HK

• Create a renewable organization with a critical
  mass of members
• Founding committee consist of Hong Kong delegates
  who have participated in past ASES Summits in
  Stanford or Shanghai
• CUHK Faculty of Engineering as our initial
  secretariat

6
ASES-HK Founding Committee

• Scott Tam, chairperson (CUHK, IE M.Phil. year 2)
• Christy Cheung, vice-chairperson (CityU, IS Ph.D.
  year 2)
• Ida Hui, secretary (CUHK, SEEM M.Phil. year 2)
• John Chan, treasurer (CityU, BBAAC year 3)
• Kyle Chow, publication (CUHK, ACAE M.Phil. year
  2)
• Linda Zhou, marketing (CityU, BBA year 3)
• Irene Au, public relations (HKU, BBA year 3)
• Alf Chiu, CUHK coordinator (CUHK, SEEM Ph.D year
  2)
• Sammy Yeung, CityU coordinator (CityU, AMIS year
  2)
• Jimmy Ng, HKU coordinator (HKU, BBA year 3)
• Walter Wong (HKU, BBA year 3)
• Sen Sui (CUHK, CSE M.Phil. year 2)
• Ray Cheung (CUHK, CSE Instructor)
• Jason Choi (CUHK, SEEM Instructor)
• Pharos Chan (CityU, AMIS BBA)
• Mark Cheung (HKU, BBA year 2)
• Becky Chan (HKU, BBA(IS) year 2)

7
ASES Summit 2003 at Hong Kong

• Hong Kongs ASES experience
• Participation since the first ASES Summit at
  Stanford in 2000
• Delegates from five major universities
• Over 25 ex-ASES delegates from Hong Kong
• About half the ASES-HK delegates are postgraduate
  students

• Jointly organize by three universities
• Faculty of Engineering, CUHK
• Faculty of Business, CityU
• Faculty of Business and Economics, HKU
• To be held in August 2003

8
Plan for 2002/2003

• Organization of the ASES-HK executive committee
  to host ASES Summit 2003 at Hong Kong

9
Timeline and Milestones
Apr 7-14, 2002 ASES Stanford Summit 2002 Jun 22,
2002 1st ASES-HK gathering with ex-ASES
delegates Jun 2002 Formulation of proposal for
ASES-HK chapter by the founding committee
members Aug 2531, 2002 ASES Shanghai Summit
2002 Sept Oct 2002 Invite selected university
societies to become associated with ASES-HK Nov
2002 Election of executive committee positions
for ASES Summit 2003 at Hong Kong Dec 02 Mar
03 Organize and promote ASES Hong Kong Summit
2003 Apr 2003 ASES Stanford Summit 2003 and
promote ASES-HK to the World Aug 2003 ASES
Hong Kong Summit 2003
10
Hong Kong Summit Activities

• Seminars and Interactive Workshop
• Representatives from the Hong Kong Government,
  consulting firms, IT companies, finance experts,
  entrepreneurs
• Company Visits
• Cathay Pacific, PCCW, HSBC, Hong Kong Stock
  Exchange, Hong Kong Jockey Club, Hong Kong
  Productivity Council, Octopus Cards Limited,
  Cyber Port, Science Park
• Sightseeing
• The Peak, Victoria Harbor, Lan Kui Fong, Stanley
  Market, boat party, sea food, Karaoke

11
Hong Kong - A Hub in Asia

• Ideally positioned at the centre of rapidly
  growing Asia Pacific
• Total area of about 1,100 km2
• Hong Kong Island and the Kowloon peninsula,
  separated by a deep-water harbor and the New
  Territories - which includes 235 outlying islands
• Industrious population of 6.8 million
• Dual official languages in English and Chinese
• Nearly all business people speak English
• English is also used for most signs and in retail
  establishments

12
East Meets the West

• British colony from 1841 to 1997
• Foreign companies used Hong Kong as their
  stepping stone in Asia

13
Global Service Centre

• Hong Kong draws more than 80 per cent of its GDP
  from the service sector
• Air transport, shipping, contract manufacturing
  and software design are easily available and meet
  international standards
• Prices of many services are among the lowest in
  the world due to fierce competition

14
International Corporate Base

• major lines of business
• wholesale, retail and trade-related services,
  financial services, business and professional
  services

15
International Corporate Base

• crucial factors in making investment decision
• low and simple tax system
• free flow of information
• absence of exchange controls

• political stability and security
• corruption free government
• communication
• transport and other infrastructure
• free port status

16
A Hub in Asia
ASES Summit 2003 at Hong Kong
Contact Scott Tam ltkltam1_at_ie.cuhk.edu.hkgt