Tung Chee-hwa Honoured In Run-up To National Day
"); jQuery("#212 h3").html("

"); });
2019-09-29 HKT 13:34
Former chief executive Tung Chee-hwa has been awarded an honourary title by President Xi Jinping in Beijing as part of the commemoration of the 70th anniversary of the People's Republic of China.
It's the the first such ceremony since the founding of the modern nation in 1949 and Tung is the only person from Hong Kong to receive an award at the event.
He was given the title of an outstanding contributor to the One Country and Two Systems principle. At the Great Hall of the People, President Xi put a gold and silver coloured medal over his neck and shook hands with him.
Tung was among 28 people who were given honourary titles for their contributions to the nation. During the grand ceremony, eight people, including Nobel prize-winner Tu Youyou, were awarded national medals and six foreigners were recipients of the Friendship Medal.
The 42 recipients were mostly nominated by the Communist Party’s leadership last month.
Addressing the event, President Xi said the recipients' deeds and contributions will always be marked in the history of the People's Republic.
Tung resigned before finishing his second term as chief executive in 2005. Two years earlier, 500,000 people marched to demand he step down over the attempt to introduce Article 23 national security legislation.
In the mid 1980s, Tung's shipping company, OOCL, was saved from bankruptcy by a huge cash bailout from Beijing.
Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong
The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more
XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week
XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more
Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency
Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more
FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing
FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more
Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature
Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more
How To Build An AI First Bank | Malaysia Banking CxO Roundtable
AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more