Alibaba COO Joe Tsai was one of the big names at RISE yesterday, but if you went hoping for an insight into a media title grappling with digital, you’d have been disappointed.
There was almost nothing that we didn’t hear at the time of the acquisition, rather confirming the view that the Alibaba crew are billionaire dilettantes not terribly interested in their new media toy.
They’ve been at it for 18 months but neither Tsai nor SCMP CEO Gary Liu could share a single number about page views, ad sales or investment.
The fireworks are done, the barricades are down and the PLA has returned to barracks.
The weekend celebration of Hong Kong’s two decades under Beijing rule was marked by Xi Jinping himself, joining local dignitaries in the obligatory toasts to the ‘success’ of one-country two systems.
From their viewpoint it is a success – Hong Kong remains a source of wealth and under direct party control.
But most citizens would labour to identify any aspect of their lives that has improved. The city today is vastly more unequal, unfair, unhappy and unstable than in 1997. Once a freewheeling trading port with no interest in politics, political tension now infects even the smallest of local affairs. Continue reading
China’s problematic role in Australia is finally get an airing. But the most astonishing thing of all is that Australia actually welcomes foreign political donations.
Only when I came across this story 18 months ago, with photos of vapid grinning politicians and their foreign-born sponsors, did it occur that this was possible.
Not even the wildest internationalist can conceive of a ‘democracy’ in which non-citizens get to vote with their wallets and where politicians adjust policy in pursuit of largess from foreign billionaires. Continue reading
Buffalo habitat under threat
This afternoon is the deadline for objections to the planned caravan park and camping ground on Pui O wetland.
The landowner wishes to turn 5000 sq m currently occupied by Garden Plus and adjacent wetland and farmland into a 15-caravan camp and hobby farm with sewerage facilities.
Details on the application are here.
The area is zoned Coastal Protection Area, which theoretically means it has ecological value, but which provides no enforcement or penalty for breaches.
Suggested grounds for objection:
- The wetland is valuable land, a part of the buffalo’s shrinking habitat and an important tourist attraction. The Sustainable Lantau Blueprint declared the area an important ecological zone that needed to be preserved. If this application is approved, others will quickly go through. It is incumbent upon the TPB to uphold the intent of the Blueprint, which is intended to set out the direction of Lantau development for the next two decades.
- It is inappropriate to turn a CPA area into a for-profit tourist facility that will severely degrade the ecological value of the site
- Already a caravan park appears to be operating at the rear of Garden Plus. If unauthorised land use is not penalised it makes a mockery of the planning system
- Local residents may have noise and traffic concerns about the proposal
Please go to this page to file your objection.
Caravans currently on-site
Tung Chung’s secondary real estate market is heating up. Transactions doubled last month, with one Seaview Crescent apartment becoming the first to fetch HK$10 million.
With such brisk demand – more than 80 sales took place in March – most owners raised their prices. The average price in the Caribbean Coast, to give an example, increased by 5% to HK$9650 per sq foot.
Is it a public consultation when the public is not invited?
Local residents and NGOs are still fuming over their exclusion from a public consultation on Hong Kong long-term development plans – the latest in a series of steps that appear to be aimed at limiting criticism of the East Lantau Metropolis (ELM) project.
Randy Yu (fifth from right), rural committee leaders and officials at the March 22 forum
The plan to build an new retail, commercial and housing hub on 1000 hectares of sea reclamation off Lantau, with MTR and freeway links between Mui Wo and Central, could cost as much as HK$400 billion.