SFST to visit Italy and Switzerland
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, will depart tomorrow night (October 5) to attend the Global Precious Metals Conference 2026 in Sorrento, Italy, and to visit and meet with multiple refineries for gold of international standard in Switzerland.
The Chief Executive Officer of the Hong Kong Precious Metals Central Clearing Company Limited, Mr Bryan Chan, will also join the visit.
Mr Hui will be back to Hong Kong on October 8. During his absence, the Under Secretary for Financial Services and the Treasury, Mr Joseph Chan, will act as the Secretary for Financial Services and the Treasury.
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, Photo source: reference image
Housing Authority highly concerned about serious deficiencies in lift replacement works at two estates under Tenants Purchase Scheme
The following is issued on behalf of the Hong Kong Housing Authority:
The Hong Kong Housing Authority (HA) said on October 15 that it has been informed by the Electrical and Mechanical Services Department (EMSD) that there were serious deficiencies during the lift replacement works at two estates under the Tenants Purchase Scheme (TPS), namely Pok Hong Estate in Sha Tin and Tsui Ping (North) Estate in Kwun Tong, in 2025 and 2026 respectively. Although a fire resisting rating certificate was submitted regarding the fire resisting doorsets, including door frame components, it was found that only the fire resisting doors were installed as required, but Taizoom Elevator Company (HK) Limited did not install the corresponding door frame components. Though the absence of these door frame components in the lifts concerned is a non-compliance, the lifts can still operate safely.
As the owner of the unsold units in the two aforementioned TPS estates, the HA is highly concerned about the incident. The HA is maintaining close contact with the EMSD to seriously follow up on the incident and pursue the liabilities of Taizoom Elevator Company (HK) Limited.
Among all TPS estates, only the lift replacement works in the two aforementioned estates were undertaken by this company. For another TPS estate, Fu Heng Estate, which is currently preparing for lift replacement, the contract has not yet been awarded. The HA has immediately and proactively advised the Incorporated Owners of Fu Heng Estate to suspend the award of the contract, and will provide all necessary support to the Incorporated Owners regarding the incident, including assisting them in studying the follow-up arrangements, to safeguard the overall interests and safety of all residents.
Source: AI-found images
