Dear Members,

Happy New Year and I wish you all a healthy and prosperous year ahead!

Since October 2018, the Executive Committee has been working closely to review the organizational structure and operations of the chamber.  I am pleased to inform you that 18 committees are formed this year which cover various functions, management/social issues, and special interests that our members are keen to explore. Meetings are convened to discuss issues relevant to their terms of reference and make recommendations to the Executive Committee. We will also be forming an advisory board comprising some of the most eminent and influential members in the real estate industry who will advise the Chamber’s strategic development, enhance its engagement and profile in the industry.  We will soon make a formal announcement on the new organizational structure of the chamber.

We have a busy yet fruitful time towards the end of 2018. Our 16th Anniversary Dinner, with the theme “Bridge the Future, Greater Bay Area and Beyond”, was successfully held on 3 December 2018.  We were grateful to have over 500 members and guests joining us that night and we were honored to have Mr. Matthew Cheung, GBM, GBS, JP, the Chief Secretary for Administration of the Government of the Hong Kong SAR, to be our Guest of Honour and presenting auction items to some of the successful bidders at the Charity Auction. Big congratulations to all the successful bidders at the Charity Auction and thank you to those who had contributed items for bidding.  All proceeds from the Charity Auction will benefit the charity works of the CSR Committee of CRECCHKI in the coming years.

One of our objectives during my tenure as Chairman is to cement our position as a high standing chapter of CRECC in China which fosters cooperation among members in Hong Kong SAR, the Mainland of China and overseas.  In November 2018, representatives from the Executive Committee and myself visited CRECC in Beijing and were greeted by Mr. Zhao Zhengting, Secretary General of CRECC, when we strategically discussed the directions of CRECCHKI in the coming years. In December 2018, we visited the Liaison Office of the Central People’s Government in HKSAR. We also attended CRECC Annual Conference in Beijing when we met with the leaders of CRECC. We will continue to strengthen our bonding with CRECC through these regular contacts and various events.

We began the year of 2019 by having one of our major events -  Hengqin Free Trade Zone One-day Visit which was organized by our Greater Bay Area Committee on 22 January.  The visit included a meeting with key officials in the Hengqin FTZ, a visit to Huafa Group’s development in Shizimen CBD, and a tour at an integrated tourism and entertainment project under Lai Sun Group. Thank you Hengqin FTZ (Hong Kong) Representative Office, Huafa Group and Lai Sun Group for receiving us in Hengqin and making this trip fruitful and inspiring.

Our first Quarterly Luncheon on 21 January was featured by Mr. Peter Churchouse, Managing Director of Portwood Capital, who shared his views on the prospects for hard assets in 2019 in the midst of the slowing economic cycle and the uncertainties in the global economy. Mr. Churchouse’s sharing was informative and thoughtful which highlighted the major problems in the market and his market insights. The event was well attended by 83 members.

Thanks to our Government & Research Committee who has been actively issued white papers, expressed views on major issues and policies relating to the real estate industry via public media, our media coverage has significantly increased over the past few months. You may check out our website for our news coverage in the past few months.  We will continue to play our role as the trusted advisor and the thought leader of real estate who actively engages in researches and studies on real estate related topics.
We are very excited to have 3 new corporate members, 15 new individual members and 1 new offshore individual member joining us since November 2018. CRECCHKI organizes over 40 events every year, including luncheons, seminars, site visits and networking events. There will be at least three to four events happening almost every month for you to choose from.  I am sure you will enjoy the events we prepare for you.

Thank you once again for your support and I hope to see you in our upcoming events.

Best Regards,
Dr. Charles Lam
Chairman - CRECCHKI