Hong Kong Commercial Daily
Encyclopedia
The Hong Kong Commercial Daily (HKCD) is a business
-oriented newspaper
, published in broadsheet
format. Established in 1952, it was the first financial newspaper in the Chinese language, with its electronic format available on the Internet. It is one of the few newspapers authorized by the Hong Kong SAR government to publicize legal announcements, and also the only Hong Kong newspaper allowed to be circulated freely in mainland China. With a branch office in Shenzhen, it has the largest circulation among Hong Kong newspapers in China.
, and on
weekends, columns and serial short stories with pictures (e.g. the West Journey) were also published for the entertainment of the readers.
. The disappearance of those popular topics led to a severe decline in its circulation
at that time.
The new version of the paper emphasizes news tailor-made for investors and business executives mostly from Hong Kong and the Pearl River Delta
Economic Regions. It mainly focuses on economic issues so as to facilitate business between Hong Kong and China. The intention of the paper is to serve as a bridge, connecting both sides of the border. The content is more diversified. It contains the latest horse racing information, sports news, focusing on soccer and basketball, entertainment news and Hong Kong tourist information in a section called "Tour in Hong Kong” (香港游).
(RUC)(中國人民大學) and Wuhan University
(WHU)(武漢大學). He is a graduate from journalism of Renmin University of China
in 1966 and has been working in the field of journalism for more than thirty years. Since he has written a number of newsletters, argumentative writings, reports, biography and prose etc., he was given the title "Unique Journalist" by Deng Xiao Ping(鄧小平) in 1992. On 26 March 1992, Cheng’s Chinese publication 《东方风来满眼春》highlights the success of his career. This publication has won a lot of distinguished awards in the press media of mainland China, e.g. "The first award of Chinese News" (中國新聞獎一等獎), "Speical Price of Guangdong News" (廣東新聞獎特別獎), etc.. In 2000, he was awarded the most honorable prize in the press in mainland (韜奮新聞獎).
as well as the CEO of The HKCD. He was born in Suwen, Guangdong and graduated from Zhongshan University(中山大學)in 1982. Immediately after his graduation, he entered the Xinhua News Agency in the Guangdong branch, where he worked as a reporter, assistant director and vice-president. He also is a part-time Professor at the Business School of Jinan University
(暨南大學). In September 2002, he was appointed head of the Shenzhen News Group http://www.sznews.com/.
-minded individuals with an interest in the HKSAR-PRC
relation, are also an important target group. Its worldwide readership includes people from Malaysia, Thailand
, Singapore
, the USA, Canada
, Australia
, UK
, Germany
, the Netherlands
, Norway
, Indonesia (starts Sep. 28,2009, officially issued), etc..
, the credibility of HKCD is ranked 23rd among the media (for example, newspapers and magazines) in Hong Kong, scoring 4.9, while the most credible is the Hong Kong Economic Journal
(scoring 7.38).
RTHKhttp://www.rthk.org.hk/mediadigest/md1101/02.html and Breakthrough http://www.breakthrough.org.hk/ir/Research/03_Newspaper/newspaper_fi.pdf have conducted surveys and questionnaires for Hong Kong readers and journalists in Year 1998 and 2001 respectively. The findings reflect the credibility, political stance and popularity of a number of Hong Kong newspaper among the public.Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
-oriented newspaper
Newspaper
A newspaper is a scheduled publication containing news of current events, informative articles, diverse features and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. By 2007, there were 6580 daily newspapers in the world selling 395 million copies a...
, published in broadsheet
Broadsheet
Broadsheet is the largest of the various newspaper formats and is characterized by long vertical pages . The term derives from types of popular prints usually just of a single sheet, sold on the streets and containing various types of material, from ballads to political satire. The first broadsheet...
format. Established in 1952, it was the first financial newspaper in the Chinese language, with its electronic format available on the Internet. It is one of the few newspapers authorized by the Hong Kong SAR government to publicize legal announcements, and also the only Hong Kong newspaper allowed to be circulated freely in mainland China. With a branch office in Shenzhen, it has the largest circulation among Hong Kong newspapers in China.
Establishment
The HKCD was founded on 11 October 1952. The first issue was published on a Saturday with the selling price of only HK $0.10. In the foreword of the newspaper's launch, the paper claimed to aim at serving as the voice of the local Hong Kong commerce as, "everything to consider the Hong Kong people, everything to serve the local commerce". The paper aimed at candour and accuracy, and a focus on worldwide economies, especially in Hong Kong and China, in order to inform merchants and businessmen on the ever-changing economies around the world. In the earliest publications, the newspaper contained also the latest horse racing news from Happy Valley, Hong KongHappy Valley, Hong Kong
Happy Valley is a mostly residential suburb of Hong Kong, located in the northern part of Hong Kong Island. Administratively, it is part of Wan Chai District....
, and on
weekends, columns and serial short stories with pictures (e.g. the West Journey) were also published for the entertainment of the readers.
In the 70s
In the early 70s, the government asked HKCD to stop publishing its horse and dog-racing page, so ,as not to promote capitalismCapitalism
Capitalism is an economic system that became dominant in the Western world following the demise of feudalism. There is no consensus on the precise definition nor on how the term should be used as a historical category...
. The disappearance of those popular topics led to a severe decline in its circulation
Newspaper circulation
A newspaper's circulation is the number of copies it distributes on an average day. Circulation is one of the principal factors used to set advertising rates. Circulation is not always the same as copies sold, often called paid circulation, since some newspapers are distributed without cost to the...
at that time.
In the 80s
In December 1989, its largest shareholding went to the Joint Publishing (HK) Company Limited (the joint company of The Commercial Press (H.K.) Ltd, Chung Hwa Book Co. and Joint Publishing)at the price of 160 million Hong Kong dollars.In the 90s
In 1995, HKCD co-operated with the mainland publishing companies to co-publish its special mainland version. This helped in building up its news network and expanding its mainland newspaper market. Since 1996, its electronic version has been available on the internet.In 2005
In May 2005, the paper was upgraded. Its standard selling price was $3 Hong Kong dollars within Hong Kong and overseas countries. In Mainland China, it is sold at $3RMB within Guandong Provinces and $5 RMB in other provinces.The new version of the paper emphasizes news tailor-made for investors and business executives mostly from Hong Kong and the Pearl River Delta
Pearl River Delta
The Pearl River Delta , Zhujiang Delta or Zhusanjiao in Guangdong province, People's Republic of China is the low-lying area surrounding the Pearl River estuary where the Pearl River flows into the South China Sea...
Economic Regions. It mainly focuses on economic issues so as to facilitate business between Hong Kong and China. The intention of the paper is to serve as a bridge, connecting both sides of the border. The content is more diversified. It contains the latest horse racing information, sports news, focusing on soccer and basketball, entertainment news and Hong Kong tourist information in a section called "Tour in Hong Kong” (香港游).
News
Business
- The Stock and Property market of China http://www.cnwnc.com/gbtobig.php3?url=http://www.cnwnc.com/sbgyzb/20051019.htm
- Analysis of oil prices, stock markets in Hong Kong, China and the world
- Public announcements and disclosure of revenue of companies in Hong Kong and China
Property
- Analysis of property market and investment opportunities in Hong Kong and China
- Latest Development of Chinese provinces http://www.cnwnc.com/gbtobig.php3?url=http://www.cnwnc.com/hbzb0914/20051019.htm
Special Features
- Interviews - special features on successful and outstanding businessmen in Hong Kong and China
Techonology
- A special issue called I.T.Net is published every Wednesday along with the newspaper.
Cheng Xi Tian (陳鍚添)
Mr. Cheng Xi Tian is the current chief editor of the HKCD. Cheng was born on 8 February 1941 in Shanghai. Before he became the Chief Editor and Deputy of the HKCD, Cheng had been the editor of Shenzhen Publishing Group. At present he is also a part-time professor in Renmin University of ChinaRenmin University of China
Renmin University of China; RUC, also known as People's University of China , colloquially Renda , is a major research university in Haidian District, Beijing, China. Its campus neighbors those of Peking University and Tsinghua University....
(RUC)(中國人民大學) and Wuhan University
Wuhan University
Wuhan University is a university located in Wuchang, Hubei, China. It is directly under the administration of the Ministry of Education of the People's Republic of China. It is regarded as one of the top ten universities in China, and its history dates back to 1893, making it one of China's...
(WHU)(武漢大學). He is a graduate from journalism of Renmin University of China
Renmin University of China
Renmin University of China; RUC, also known as People's University of China , colloquially Renda , is a major research university in Haidian District, Beijing, China. Its campus neighbors those of Peking University and Tsinghua University....
in 1966 and has been working in the field of journalism for more than thirty years. Since he has written a number of newsletters, argumentative writings, reports, biography and prose etc., he was given the title "Unique Journalist" by Deng Xiao Ping(鄧小平) in 1992. On 26 March 1992, Cheng’s Chinese publication 《东方风来满眼春》highlights the success of his career. This publication has won a lot of distinguished awards in the press media of mainland China, e.g. "The first award of Chinese News" (中國新聞獎一等獎), "Speical Price of Guangdong News" (廣東新聞獎特別獎), etc.. In 2000, he was awarded the most honorable prize in the press in mainland (韜奮新聞獎).
Huang Yang Lue (黃揚略)
Mr Huang Yang Lue is currently the Chairman of the Board of DirectorsBoard of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
as well as the CEO of The HKCD. He was born in Suwen, Guangdong and graduated from Zhongshan University(中山大學)in 1982. Immediately after his graduation, he entered the Xinhua News Agency in the Guangdong branch, where he worked as a reporter, assistant director and vice-president. He also is a part-time Professor at the Business School of Jinan University
Jinan University
Jinan University is a public research and comprehensive university based in Guangzhou, Guangdong province, China. It is one of the oldest universities established on mainland China tracing back to the Qing Empire...
(暨南大學). In September 2002, he was appointed head of the Shenzhen News Group http://www.sznews.com/.
Advisory Board
There are more than 50 contributing advisors of the HKCD. For example: Dr. Tsang Hin Chi(曾憲梓), Dr. Leo Lee Tung-hai(李東海), Dr. Vincent Lo Hong-sui(羅康瑞), Dr. Robin Chan Yau-hing(陳有慶), Mr. Timothy Fok Tsun-ting(霍震霆)and Mr. Chan Wing-kee(陳永棋) .Target reader groups
The target reader groups include investors and business executives in both China and Hong Kong, mainly from the Pearl River Delta and especially the Special Economic Zones. Employees of some Hong Kong companies which have based their businesses in mainland China, and politicallyPolitics
Politics is a process by which groups of people make collective decisions. The term is generally applied to the art or science of running governmental or state affairs, including behavior within civil governments, but also applies to institutions, fields, and special interest groups such as the...
-minded individuals with an interest in the HKSAR-PRC
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
relation, are also an important target group. Its worldwide readership includes people from Malaysia, Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
, the USA, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
, the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
, Indonesia (starts Sep. 28,2009, officially issued), etc..
Ranking by readers
According to a survey by the Department of Journalism and Communication, Chinese University of Hong KongChinese University of Hong Kong
The Chinese University of Hong Kong is a research-led university in Hong Kong.CUHK is the only tertiary education institution in Hong Kong with Nobel Prize winners on its faculty, including Chen Ning Yang, James Mirrlees, Robert Alexander Mundell and Charles K. Kao...
, the credibility of HKCD is ranked 23rd among the media (for example, newspapers and magazines) in Hong Kong, scoring 4.9, while the most credible is the Hong Kong Economic Journal
Hong Kong Economic Journal
The Hong Kong Economic Journal is a Chinese language daily newspaper published in Hong Kong by the Shun Po Co., Ltd. Available in both Hong Kong and Macau, the newspaper mainly focuses on economic news and other related issues...
(scoring 7.38).
Readers' perception
The result of the surveys has been shown in the diagram.
Installments
In addition to reporting up-to-date business and financial issues, it also contains intellectual serialsSerial (literature)
In literature, a serial is a publishing format by which a single large work, most often a work of narrative fiction, is presented in contiguous installments—also known as numbers, parts, or fascicles—either issued as separate publications or appearing in sequential issues of a single periodical...
. For example, many of the martial arts novels written by Jinyong
Jinyong
Louis Cha, GBM, OBE , better known by his pen name Jin Yong, is a modern Chinese-language novelist. Having co-founded the Hong Kong daily Ming Pao in 1959, he was the paper's first editor-in-chief....
(also known as Louis Cha) from the 1950s like "The Sword Stained With Royal Blood"《碧血劍》in 1956, The Legend of the Condor Heroes
The Legend of the Condor Heroes
The Legend of Condor Heroes is a wuxia novel by Jin Yong, and the first part of the Condor Trilogy. It was first serialized between January 1, 1957 and May 19, 1959 in Hong Kong Commercial Daily...
"《射鵰英雄傳》in 1957 etc, were published as installments in the Hong Kong Commercial Daily.
Books
HKCD also publishes various kinds of books, while most are in Chinese, including "The Last episode of Ten Colonels"《十大元帥大結局》、"The Mystery of Xiaoshan"《韶山之謎》、"The Last 28 days of Cultural Revolution"《文革最后的28天》、"Horror and Anti-horror"《恐怖與反恐怖》、"Human and Ghost"《人鬼神》、"Force of China"《中國力量》. Many are on current political and economic issues. For its 30th anniversary in 1982 it published a book called "Knowledge of living" with useful information on health care, electrical appliances and useful telephone numbers in Hong Kong and Guangzhou etc.. Some feature stories and articles in the newspaper are later collected and published as books.Website
The HKCD website (香港商報電子版-中國窗)http://www.cnwnc.com was launched in 1996. It is written in both Traditional Chinese and Simplified Chinese characters. The news is updated at midnight, before publication of the paper. People from all over the world can access freely the on-line news about Hong Kong, Mainland China and the world . Past news and feaures are accessible through a searchable archive.See also
- Newspapers of Hong KongNewspapers of Hong KongThis is a list of newspapers in Hong Kong. Hong Kong is home to many of Asia's biggest English and Chinese language newspapers. The territory has one of the world's largest press industries and is a major centre for print journalism.-Popularity:...
- Hong Kong Audit Bureau of CirculationsHong Kong Audit Bureau of CirculationsThe Hong Kong Audit Bureau of Circulations , or HKABC in short, was established in April 1995.It is a non-profit organization which aims at promoting the cause of circulation auditing in Hong Kong...