AmCham HK e-Magazine
March/April 2026
COVER STORY
By Edith Terry
In the 1939 American film classic The Wizard of Oz, the actress Judy Garland as Dorothy follows a winding, treacherous yellow brick road to an Emerald City that rises like a great green jewel above the horizon. Hong Kong’s own Dorothy, Betty Fung, is a down-to-earth civil servant turned arts administrator. And this Emerald City is real, not a fantasy, and it’s taking shape before our eyes.
CEO INTERVIEW
Aveline San, CEO and Banking Head, Citi Hong Kong
“As a capital markets lawyer, I was able to tell investment stories the same way that I was writing songs, telling the love stories of my friends.”
At the age of 15, she wanted to be a classical pianist, and then she felt an urge to dive into Cantopo and began writing music. Some of Hong Kong’s most famous Cantopop artists have recorded her songs. Nearly three decades later, Aveline San heads banking operations in Hong Kong for Citigroup at a time when decentralised finance (DeFi), based on 24/7 blockchains and tokenised assets is disrupting traditional finance (TradFi) and rapidly converging with Artificial Intelligence (AI).
HONG KONG
Behind the scenes at the Hong Kong Arts Festival
“Proudly international yet unmistakably local”
The 2026 annual Hong Kong Arts Festival was the 54th season of an event which annually brings an extraordinary level of music, dance and theater to the city in February and March. This year was characteristically ambitious, with 1,100 artists and performers in 45 programs and over 180 performances, as well as about 300 community and education events.
BUSINESS
How a third-generation textile manufacturer is re-inventing Hong Kong as a fashion capital
As a third-generation leader, Bosco Law serves as deputy chairman and CEO of apparel manufacturer LAWSGROUP, founded in 1975. Law puts it simply: “I’m running this company as a professional.” He is doing more than that, helping to develop the city as a leading fashion center, beyond roles in textile sourcing and supply chain management. AmCham HK e-Magazine checks in to see where LAWSGROUP, and the industry are heading.
CHINA
The China market in transition
By Dr. Mark Michelson
Dr. Mark Michelson is chairman of IMA Asia (Hong Kong), part of a network originally founded in Australia in 1990, which now is headquartered in Singapore. It serves CEOs as a sounding board and source of first-hand business intelligence, by convening peer group forums. These are organized around through CEOs, CFOs and direct reports to China or Asia.
ECONOMICS
Can Hong Kong adopt a Five-Year Plan?
By Wang Xiangwei
The idea of a Five-Year Plan for Hong Kong may be shocking at first sight. Here one of Hong Kong’s leading political economists explains why the Chinese model of five-year guidelines is distant from its obsolete Soviet prototype, and why it could be a good thing for Hong Kong to develop long-term policy, more closely aligned with national objectives than its current one-year model embedded in the Chief Executive’s policy address.
CHAMBER
Annual business sentiment survey shows 92% intend to stay in Hong Kong
The American Chamber’s annual survey showed a striking return of confidence among participants, with 92% saying they had no intention to move their headquarters from Hong Kong in the next three years. That represented a sharp turnaround from the survey in 2024 and 2025, when 78% and 79% said they had no plans to leave Hong Kong. In 2024, 7% said that they had plans to leave, while in 2025, the number had dropped to 2%.
CHAMBER
2026 “Future Proof” gala concludes with awards for Women of Influence
Against a purple sunset overlooking the windswept waters of Tai Tam Bay, the 22ndAmCham Women of Influence awards came to end on March 13. Held at the country club of the American Club of Hong Kong, 200 senior executives celebrated the seven exceptional women who won this year’s awards, together with an outstanding male ally and the best company championing women.
ADVERTORIAL
Beilin Energy: Smart Gas Pumps for Global Markets
Demand for high-quality, intelligent and environmentally friendly fuel refueling equipment is soaring worldwide. As a leading domestic manufacturer of fuel pumps and a pioneer in the internationalization of China’s energy equipment industry, Guangdong Beilin Energy Equipment Co., Ltd.’s technologically advanced fuel pumps are used widely domestically and abroad, particularly in the Middle East and Southeast Asia.
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