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HKABA-SA Chinese New Year event welcomes 200
Updated 6 March 2012

The Hong Kong Australia Business Association SA Chapter welcomed nearly 200 guests to its Chinese New Year Cocktail function at the beautiful Bamboo Forest Pavilion in Adelaide Zoo.

Major guests included:
• Mr Steve Barclay, Director of HKETO Australia & New Zealand
• Ms Linda Law, Deputy Director of HKETO, Hong Kong
• Ms Bonnie Shek, Head of HKDC
• Mr Simon Galpin, Director of Invest Hong Kong
• Mr Patrick Ho, President of HKABA SA Chapter
• The Hon Tom Koutsantonis, Minister for Small Business, Minister for Manufacturing, Innovation and Trade, Minister for Mineral Resources and Energy

The Function featured a presentation of Adelaide Zoo’s giant pandas, Wangwang and Funi. Adelaide local Chinese traditional musician Mandy and her band performed their works through the night. Read more...

Chinese New Year Cocktail Photo Gallery

Chinese New Year Cocktail Photo Gallery 2012
Click here for full report.
Chinese New Year Dinner Photo Gallery on 21/1/2012


Congratulated to Francis Wong - Wine Ambassador

Francis roars into role as wine ambassador of Golden Harvest Wines is celebrating the Year of the Dragon by releasing a commemorative wine.

Businessman and former Adelaide City Council lord mayoral candidate Francis Wong has been brought on board as an ambassador for the wine, which was launched at a Chinese New Year banquet at Ming's Palace on Gouger St yesterday.

Mr Wong hosted about 140 business leaders, including Westpac state general manager Richard Hockney, Lieutenant Governor of South Australia Hieu Van Le and Channel 9 Adelaide general manager Graeme Gilbertson. The Year of the Dragon, which kicked off yesterday, is considered favourable for having children and starting new business ventures.
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News resource:
Record breaking visitors for Hong Kong

Breaking its 2010 record, visitor arrivals to Hong Kong in 2011 reached a staggering 41.92 million, a 16.4 percent increase from the previous year.
Overall arrival numbers of approximately 28.10 million came from Mainland China an increase of 23.9 percent from the last year, Asia Travel Tips reported.

The domestic regions contributed another 9.05 million, representing a 4.6 percent increase year-on-year. Amongst these, South Korea and Southeast Asia recorded growth of 14.7 percent and 9.3 percent respectively, which made up for the 2.4 percent decrease in Japanese arrivals resulted by the earthquake and Tsunami.

As for the International regions, visitor arrivals increased by 1.7 percent to 4.77 million, of the total Mainland arrivals, 52.7 percent or 14.8 million were same-day visitors, an increase of 34.5 percent than in 2010. Overnight visitors also increased by 13.9 percent to 13.3 million from the same period the year before. Hong Kong Tourism Board Chairman (HKTB) Mr James Tien said they are encouraged by the healthy performance of their tourism industry in 2011.

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News Resource: ETBMice update on Thursday, January 12, 2012
HK investor adds $6m to IronClad Wilcherry Hill Project

Hong Kong-based resources industry investor, New Page Investments Limited has taken a $6 million share placement in IronClad Mining, the developer of the new Wilcherry Hill iron ore mine in South Australia.

IronClad has raised $6 million through the placement of 7.5 million shares with New Page. The agreed price for the placement is 80 cents per share, which IronClad says represents a premium of 20% on the 10 January 2012 closing price of 66.5 cents for its shares on the Australian Securities Exchange.

IronClad Executive Chairman, Ian Finch, says the company is close to formalising another off-take agreement for production from the Wilcherry Hill project. He expects negotiations for the additional off-take agreement to be finalised later this week and would involve 50% of all iron ore produced by the IronClad-Trafford Resources joint venture in the first four years of operations. New Page Investments is the major shareholder in China-based global steel trading, distribution, processing and manufacturing company, Novo Group Ltd, which is dual-listed on the Hong Kong and Singapore stock exchanges, and has investments in the Australian iron ore industry.

“Funds raised by the New Page share placement will be used to finance start-up works at the Wilcherry Hill site – due to commence later this month after the imminent awarding and signing of key infrastructure and mining contracts,” Ian says. IronClad has also announced senior appointments for the Wilcherry Hill project. The appointments are: Ian McRae as Operations Manager; Chris Mroczek as Chief Geologist; Denis O’Callaghan as Mine Superintendent; and Daryl Gray as Logistics Manager.

Click here for  in-business news full details.
Updated 13 January 2012


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