Mayday! Mayday! Is Democracy dead or dying in Hong Kong?
After Occupy Central and the failure of the political reform process many have spoken of a new political atmosphere. Legislators have been disqualified and some banned from standing for election. We will have new anthem laws, a new emphasis on the the new Chinese Constitution and many other signs that One Country is becoming more dominant over Two Systems. The Pan-Dems meanwhile have fared relatively poorly in the recent by-election, losing a head to head fight for the first time.
With no timetable or roadmap on hand, does this all mean that the democratic cause is no more? Or is it just evolving? Will there ever be election of the Chief Executive by Universal Suffrage? Does it matter?
In a special Backchat on Tuesday 1st May (it's the Mayday Holiday) we'll be thrashing out the issue with you, and with some of the best debaters in Hong Kong politics; Ronny Tong, Junius Ho and Senia Ng. .
Join us for a live broadcast between 12 noon and 1 pm at our studio in Kowloon Tong to share your views and to talk directly to the politicians.
Here are the details:
Backchat Special: Is there a Future for Democracy?
Date: 1 May (Tuesday)
Time: 12noon - 1pm. Please arrive at Broadcasting House by 11.30am
Hosts: Hugh Chiverton, Ada Wong
Venue: Studio 1, RTHK Broadcasting House. 30, Broadcast Drive Kowloon Tong. (Take 29A minibus or taxi from Kowloon Tong MTR)
Ronny Tong: Executive Councillor
Junius Ho: Legislator
Senia Ng: Barrister, Member of Democratic Party
There will be plenty of time for live discussion with the audience, so come along and join the debate on Mayday.
Email us firstname.lastname@example.org if you'd like to come and we'll give you all the details.
Today on Morning Brew our first patient is Jarrod Watt, who'll tell us all the latest from his home planet, Australia, where it’s ANZAC Day. That means parades, barbecues and football. Meanwhile Prime Minister Turnbull tries to sell a multi-billion dollar tax cut to the nation’s banks after revelations of their corruption in the Royal Commission, and Australia celebrates a musical first in its charts with a very special new smash hit. At 10.40, Dr Merrin Pearse is taking time out from his cycle tour of Fujian Province, to share with us his eco discoveries, nicely wrapped in plastic. Another of Hong Kong's great sporting events, the HK Soccer Sevens is just around the corner. At 11.10 we welcome back its Chairman Tony Bratsanos. After 12, Business Futurist Morris Miselowski will tell you how you can sleep with the fish, in the world's first underwater Villa. Bearing in mind it's in the Maldives, this may well be more a feat of nature than of nurture. (9:30am-1pm, email email@example.com )
Podcast of Hooked is available now. Click HERE to download.
Anna Fenton presents a five-part series, Hooked, which looks at the growing issue of addiction in Hong Kong - from alcohol and illegal drugs to social media, internet pornography, smart phones and tablets (dubbed “process addictions” because like gambling, users get an effect without actually ingesting a chemical). Hear how the internet is providing a fast-forward button to addiction, find out what addiction really is, what it’s not, how to tell if you’ve got it, and what to do and where to get help if you’re ... Hooked.
Produced by Phil Whelan.
On Wednesday's Backchat, plastic problems. A new report by Greenpeace has shown plastic fragments in many of the fish we eat most and a recent American study found 93% of bottled water around the world contained microplastic particles. Much of this plastic contamination comes from single-use items like straws, stirrers, cutlery and bags. Some countries like Taiwan and the UK are moving towards banning such items, so would that work in Hong Kong? According to some accounts we throw away more than five million bottles a day in our city - how can we reduce that number, and in general why is plastic so pervasive and hard to get rid of? Why are our fish so affected? Call us on 23388266 or email firstname.lastname@example.org. After 9.20, HK Broadband and privacy - how do we know if companies hang on to our information?
Renewed tensions in the Middle East between Saudi Arabia and Yemen have sent the oil price higher in Asia. Brent crude oil has built on its near 4-year peak achieved in New York trading, whilst the newly launched yuan denominated crude oil contract in Shanghai has climbed to the highest level since its debut.
Mainland stocks were also surging with the Shanghai Composite index up over 2% by lunchtime led by banks, property developers and steel makers. Shares in Hong Kong listed Rusal surged by as much as a third after the U.S. softened its position on sanctions against the Russian oil producer. The price of aluminium saw a record one-day drop of 10% on the London Metal Exchange on Monday. Aluminium of China tumbled over 10% in Hong Kong in tandem with the metal.
Elsewhere in Asia, stocks were generally firmer following the release of expectations beating first quarter earnings from Alphabet (the parent company of Google), with profits up 73% compared to a year ago. In South Korea, Hyundai Motor rose 2.5% after activist investor Elliott Management took a $1 billion stake in the company and called for a restructuring of the group and a higher dividend payout.
Interest rates are surging in Hong Kong following the HKMA’s intervention in the currency markets to defend the Hong Kong dollar. 1-month and 3-month Hibor rates are at the highest since 2008. On Tuesday’s Money Talk, Andrew Freris, CEO of Ecognosis Advisory warned that rates in Hong Kong were set to blow higher and it would lead to a selloff in Hong Kong property and stocks.
Leading Chinese firms have promised to end sexist ads after a damning report by campaign group Human Rights Watch highlighted numerous examples of discrimination in recruitment. HRW found that companies and government agencies had posted “male only’ adverts, called for women applicants to be "trim" and "aesthetically pleasing" and reflected "traditional and deeply discriminatory views" that women are less capable than men. Alibaba, Tencent, Baidu and Huawei have apologised and promised to review their practices.
Our panel of guests on Wednesday’s Money Talk consist of Stewart Aldcroft, Chairman of CitiTrust, Tariq Dennison, Portfolio Manager at GFM Asset Management and RTHK’s International Economics Correspondent, Barry Wood. (Email us at email@example.com, every weekday 8-8:30 a.m.)
The sun came out in full on the final day of the 2018 Hong Kong Sevens. And with the success of the ladies' tournament, organisers are hopeful that the event will expand to four days in the future.
Fiji rugby legend Waisale Serevi talks about his life to Radio 3 at the launch of his book, The King of Sevens, at the start of the 2018 Hong Kong Sevens.
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