Gold chicken shows art moves up business pecking order
Is Hong Kong competitive but not creative as is claimed by some academics?
A think-tank close to Chief Executive Donald Tsang Yam-kuen has called on the government to require developers to contribute part of their construction costs to artworks for new buildings to boost the city's creativity, the Post reported yesterday.
Lai See, which believes the financial sector is still innovative (sort of), would like to add some perspectives on the topic with reference to some recent examples.
1. DaChan Food (Asia), the first chicken meat supplier to go public in Hong Kong, yesterday presented a gold chicken to the Hong Kong stock exchange when its shares made their trading debut. This is somehow innovative, according to observers, as conventional presents during listing debuts are normally paintings and artefacts.
Observers interpreted that the gift could mean DaChan Food wants its share price to surge like gold prices. (However, shares in DaChan Food rose merely 1.7 per cent yesterday).
