HONG KONG, Nov. 18, 2014 /PRNewswire/ -- In recognition of outstanding and highly transparent listed companies, the Hong Kong Institute of Financial Analysts and Professional Commentators Limited (HKIFAPC) today organised an award ceremony to honour this year's winners of the "Outstanding Listed Company Award." The latest list was announced by Dr. Tang Sing Hing Kenny, the chairman of HKIFAPC, at the presentation ceremony. Metro Finance and Metro Finance Digital supported the annual award, now in its second year.
Local financial analysts and professional commentators have long served as a bridge between listed companies and investors. Due to many listed companies' emphasis on boosting transparency and maintaining proactive communication with institutional and retail investors, HKIFAPC established the "Outstanding Listed Company Award" last year. The award seeks to show appreciation to listed companies with high transparency and those that attend to the rights of different shareholders. The judging criteria include transparency of company accounts, whether the rights of both majority and minority shareholders are attended to, financial results, and the company's robustness and operational performance. The award-winning companies were judged solely by financial analysts and professional commentators, which make the award uniquely reputable in the market.
During the announcement of the winners' list, HKIFAPC Chairman Dr. Tang Sing Hing Kenny said, "Nowadays many listed companies concentrate on communicating with foreign investors while ignoring local analysts, which may affect retail investors. This award was therefore established to encourage listed companies to have better investor relationships. The winning companies were seriously evaluated by our Institute, and it can be seen that the winners are not necessarily major listed companies."
A cocktail reception and night banquet were arranged after the briefing session. Ms. Jin Ping, Deputy Director, the Economic Affairs Department of the Liaison Office of the Central People's Government in the HKSAR, Ms. Salina Yan, The Acting Permanent Secretary for Financial Services and the Treasury (Financial Services), Hon Christopher Cheung Wah-fung, SBS, JP, LegCo Member (Functional Constituency – Financial Services), and Ms. Bianca MA, Managing Director of Metro Broadcast Corp. Ltd were invited to the events. As for the award presenting guests, a strong presence was made from investment and banking representatives, including Mr. Tse Yung-hoi, Chairman of BOCI-Prudential Asset Management Limited, Ms. Lee Sai-yin, Chairman of Hong Kong Securities Professionals Association, Mr. Sunny Wong Chung-mun, CEO of BOCI Private Banking, Mr. Vincent Lee, Independent Non-executive Directors of Hong Kong Exchanges and Clearing Limited, Mr. Chan Wing-luk, Honorary Adviser of HKIFAPC, Prof. Chan Yuen-chong, Honorary Adviser of HKIFAPC and Dr. Chu Li Yuet-wah, Chairman of The Institute of Securities Dealers Limited.
The ceremony also marked the first time a charity auction was held, with the donation of a precious watch from Sincere Watch (Hong Kong) Limited. The ceremony concluded with a donation via cheque from Mr. Chu Chun-ho, vice chairman and managing director of Sincere Watch (Hong Kong) Ltd to Mrs. Chu Li Yuet-wah, vice chairman of Po Leung Kuk.
Ms. Bianca Ma, managing director of Metro Broadcast Corp. Ltd., said, "This year's 'Outstanding Listed Company Award' is not only a praiseworthy occasion but also serves as an excellent reference point for both listed companies and investors." Metro Finance and Metro Digital Finance have always been strongly supportive of financial and economic activities. In future, they will launch new programs to provide the audience in Hong Kong and around the world with accurate, real-time and market-moving news and important information of global financial markets.
This press release is issued by eideaLink Public Relations on behalf of Metro Broadcast Corporation Limited.
List of Winners for the "Outstanding Listed Company Award" (arranged in sequence of stock codes)
Name of winning company (Stock Code)
