Hong Kong opposition union to size up value of assets as part of dissolving, but future uncertain for students enrolled in training courses
- The Confederation of Trade Unions says it hopes to donate some assets to other workers’ rights groups
- The organisation is an appointed service provider for the Employees Retraining Board, with about 1,000 students enrolled
Hong Kong’s most influential opposition trade union will instruct its auditor to appraise its assets as part of the organisation’s winding up.
Announcing the disbandment of the Confederation of Trade Unions (CTU) on Sunday, chairman Joe Wong Nai-yuen did not give an estimate for the overall worth of the assets but said it hoped to donate some of them to other labour unions.
“We hope that would be able to help workers to get more assistance when they face [unfairness] in the future,” Wong said.
The CTU is one of the city’s two leading labour unions, representing more than 80 affiliates and counting about 140,000 members as of last month, although it is dwarfed in size by the pro-establishment Hong Kong Federation of Trade Unions (FTU), which has about three times as many affiliates and members.
The confederation announced it expected to dissolve early next month amid concerns for “members’ personal safety”.
