Backchat

Backchat

Type:AudioLanguage:EnglishCategories:Current AffairsStatus:On going Description: Backchat is RTHK Radio 3's current affairs programme with expert panels and listener participation. It airs every weekday from 8.30am-9.30am. Have your say by calling us  on 233 88 266,   Backchat's Facebook , or send us a message at backchat@rthk.hk

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Family Business and Succession / MPF Tax Breaks 00:59:00 2019-03-22

On Friday's Backchat, family business and succession. Hong Kong's second richest Lee Shau-kee has announced his retirement and is planning to hand over his business to his sons. Li Ka-shing and Stanley Ho have also been handing over the reins. By one estimate 60% of the GDP of Hong Kong and China comes from family controlled firms - how should they handle the transition from one generation to another? How do they manage personal and professional relationships at the same time? In most cases the next generation are more modern and corporate - does this mean the end of Asian family conglomerates? Can the youngsters live up to the pioneers? After 9.20, MPF tax breaks.
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