Jack's back

There will be a little nervousness among its competitors at the news that Jack So has been appointed as new chairman of the Hong Kong Trade Development Council from 1st October. During his tenure as Executive Director (1985 - 1992), So gave the TDC a much more hard-nosed commercial focus than it had before and has since repeated the act at Hong Kong's MTR (subway) and, more recently, at local telecoms giant PCCW. This latter job, however, Bloomberg reported on March 28th that "So quit as Hong Kong's largest phone company reported an unexpected 22 percent slump in annual profit".

With it's web sites, catalogue magazines and trade fairs, TDC is one of the biggest players in business media in Hong Kong. It is also the owner of the Hong Kong Convention & Exhibition Centre.