Eleven HK & Mainland Companies Join Forbes 300 Best Small Companies

A commendation ceremony for five Hong Kong and six Mainland companies selected by Forbes Magazine to be among the 300 Best Small Companies was jointly organized today by the Hong Kong Productivity Council (HKPC), the Hong Kong General Chamber of Commerce (HKGCC), and The Better Hong Kong Foundation (BHKF).

The ceremony was officiated by Mr Lawrence Minard, Editor of Forbes Global; Mr Joshua Law, Director-General of Trade & Industry, HKSAR Government; Mr Thomas Tang, Executive Director of HKPC; Dr Eden Woon, Director of HKGCC; Dr Aron Harilela, Member of Advisory and Executive Committee of BHKF; and Mr George Yuen, Chief Executive of BHKF.

Among the list of the 300 Best Small Companies are Technology Venture Holdings Ltd, Caf?de Coral Holdings Ltd, Computer & Technologies Holdings Ltd, Kingboard Chemical Holdings Ltd and Global Sources Ltd from Hong Kong, as well as six Mainland companies, including Asiainfo Technologies (China) Inc, China Vanke Co Ltd, Netease.com Inc, Sun Television Cybernetworks, Sina.com, and Sohu.com.

In addition, two of these companies – Global Sources Ltd and Sun Television Cybernetworks – have been elevated to Forbes’ 20 for 2001, the ultimate “star performers” among the 300.

Chairmen and CEOs of the winning companies were presented certificate of merits by Mr Lawrence Minard of Forbes Global who flew in to Hong Kong especially for the occasion.

“Candidates have to meet a very high standard set in the selection process. The magazine not only looks at a candidate’s performance indicators of the past three years, but also its prospects as a strong performer in the years to come. We also polled money managers, securities analysts and entrepreneurs around the world for their choices,” said Mr Minard.

During the ceremony, representatives of the winning companies also received a Powerhouse Hall of Fame Trophy from Mr Joshua Law to recognize their outstanding achievements. The Powerhouse is an integrated facility established by HKPC to provide best practices business solutions to enhance the competitiveness of local businesses.

Mr Thomas Tang, Executive Director of HKPC said, “As winners, they have become role models for Mainland and Hong Kong enterprises, setting new standards of excellence and spearheading the way forward for local companies to capture the vast opportunities offered by the new economy.”

The commendation ceremony was attended by Chairmen and CEOs of winning companies, business leaders and representatives from trade associations.

 

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The Better Hong Kong Foundation is a privately funded, non-profit, non-political organization, formed by leading Hong Kong business people to reinforce Hong Kong’s role as the leading regional, financial, shipping, trading, communication and technology center. The Foundation also serves to enhance greater international understanding between East and West by facilitating communications between Hong Kong, China and the international community.