{"id":5971,"date":"2017-08-30T11:00:32","date_gmt":"2017-08-30T02:00:32","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=5971"},"modified":"2023-02-16T17:39:57","modified_gmt":"2023-02-16T08:39:57","slug":"samsung-ct-hong-kong-celebrates-40-years-on-the-island","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2017-08-samsung-ct-hong-kong-celebrates-40-years-on-the-island\/","title":{"rendered":"Samsung C&#038;T Hong Kong Celebrates 40 Years on the Island"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5971\" class=\"elementor elementor-5971\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79e0fe25 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79e0fe25\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-561ebbf4\" data-id=\"561ebbf4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0581e9d elementor-widget elementor-widget-text-editor\" data-id=\"0581e9d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><em>This is the third installment in a series of articles profiling the people and the businesses at Samsung C&amp;T\u2019s branch offices around the world. The following story focuses on Samsung C&amp;T\u2019s office in Hong Kong. Please refer to the second installment for information about Samsung C&amp;T\u2019s office in\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/localization-diversity-and-open-communication-underpin-business-in-kuala-lumpur\/\" target=\"_blank\" rel=\"noopener\">Kuala Lumpur, Malaysia<\/a>.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5263faa elementor-widget elementor-widget-image\" data-id=\"5263faa\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2017\/08\/ready01-9-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzU1NzQsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMTdcLzA4XC9yZWFkeTAxLTktMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"236\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready01-9-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-35574\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready01-9-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready01-9-1-300x92.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29a1f45 elementor-widget elementor-widget-text-editor\" data-id=\"29a1f45\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Employees at Samsung C&amp;T Hong Kong (HK), a subsidiary of the Trading &amp; Investment Group, took a moment to reflect upon the office\u2019s history and celebrate the 40<sup>th<\/sup>\u00a0anniversary of its opening this past June of 2017.<\/p><p>Samsung C&amp;T Hong Kong was first established on June 22<sup>nd<\/sup>, 1977, with only a few staff operating the new office at the time. The first office was located at the New World Building in the Central district of Hong Kong Island. Subsequently, the office has known many different homes throughout its years, and is now firmly anchored at the Central Plaza building in Wan Chai on Hong Kong Island.<\/p><p>This article will take a look back at the rich history of the Samsung C&amp;T Hong Kong through the eyes of its employees, in an attempt to capture the importance of this milestone.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0cd95d8 elementor-widget elementor-widget-heading\" data-id=\"0cd95d8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">A Trip Down Memory Lane<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87f804a elementor-widget elementor-widget-text-editor\" data-id=\"87f804a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Having begun its tenure in Hong Kong in 1977, the office has witnessed a great deal of change on the island. From Hong Kong\u2019s rapid development over the past 40 years to the British handover of the island to the authorities in Beijing, the office has been through a lot.<\/p><p>Hong Kong\u2019s longstanding open-economic and free-trade policies, with zero import and export taxes, helped businesses in HK establish global ties and made it an ideal location for Samsung C&amp;T to establish an international branch office, as well as garner a foot-hold into mainland China.<\/p><p>Throughout the 1990\u2019s, the Hong Kong office helped set up a number of representative offices in various locations across the People\u2019s Republic of China mainland, including Haikou, Xiamen, Shantou, Guangzhou and Shenzhen. During this time, the official mainland China office for all Samsung companies was also situated in Hong Kong. However, following the mainland\u2019s move towards a more open-market economic policy, the Chinese office was moved to Beijing and a regional HQ for Samsung C&amp;T was also established in Shanghai.<\/p><p>The office has engaged in a plethora of different business ventures, including textiles (raw materials, knit and woven garments, leather) natural resources, chemicals and plastics, steel, ship-building, as well as a few others. At one time, the office had 14 expatriate workers and 80 local employees to manage the many businesses of the Hong Kong office.<\/p><p>One long standing Samsung C&amp;T Hong Kong member, Angela Kong, noted how the 40<sup>th<\/sup>\u00a0anniversary of the office had a special meaning for her. She told Samsung C&amp;T Newsroom \u201cI have worked for this office for over 20 years already and it is full of joyful and happy experiences. I learned a lot of things here about business, but also about Korean culture from my Korean colleagues.\u201d Indeed, working in diverse office atmospheres can be an enriching experience, and Ms. Kong certainly experiences this, noting that working at Samsung C&amp;T in Hong Kong \u201cwill be one of the most memorable times of my life.\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2cbb7c elementor-widget elementor-widget-heading\" data-id=\"c2cbb7c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Celebrating 40 Years in Hong Kong<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8067f97 elementor-widget elementor-widget-text-editor\" data-id=\"8067f97\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>So exactly what does 40 years of history mean to an overseas office? In an attempt to capture the celebration and the meaning of the event, Samsung C&amp;T Newsroom sat down with several employees to hear it directly from the source.<\/p><p>Manager Angela Man commented on how the occasion filled her with a sense of pride, noting how it is not easy for a company to be successful for so long in the competitive Hong Kong market. Senior Associate Joyce Li Yin Li echoed these same sentiments, proclaiming that \u201c40 years of history in Hong Kong is a testament to the growth and development of our business\u201d and that \u201cit was a very special moment for us all.\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b04b1d0 elementor-widget elementor-widget-heading\" data-id=\"b04b1d0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Keys to Success<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-227fefc elementor-widget elementor-widget-text-editor\" data-id=\"227fefc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>To better understand the management philosophy of what it takes to successfully manage an overseas office, Samsung C&amp;T Newsroom sat down with Subsidiary Head, Soon-seung Hong, and General Manager Chan-moo Kim and Manager Jeong-wan Kim, to gain some insights from the perspective of expatriates. Find out what they had to say below:<\/p><p>Of course, without people, there is no business and Subsidiary Head Hong reaffirmed this notion, stating that \u201cFor a leader, the most precious asset is people.\u201d General Manager Chan-moo Kim expanded on this idea, telling us that \u201cI look for 2 things: 1. Earnest behavior and 2. Ability to learn quickly\u2026I strongly support their self-development since it is crucial for employees.\u201d<\/p><p>Working in a foreign office, comes with it an entirely new set of challenges for employees. Everything is different from the working culture all the way down to the food that one eats. Manager Jeong-wan Kim commented on this, noting that \u201cGetting to know local employees and the language was the biggest challenge. Although I attended Chinese global classes, my Chinese confidence level was low.\u201d<\/p><p>However, Kim was able to turn this lack of confidence into an asset, and has since gone on to form strong bonds with her colleagues, in Chinese!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1d11b6 elementor-widget elementor-widget-heading\" data-id=\"e1d11b6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Hard Work Pays Off<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03470fc elementor-widget elementor-widget-text-editor\" data-id=\"03470fc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Samsung C&amp;T Hong Kong has enjoyed a rich history of more than 40 years of business operations on the densely populated island. Although it is challenging to be successful for so long in a foreign land, the office is a testament to the fact that hard work and perseverance often lead to success.<\/p><p>In recent years, the office has focused its efforts on the metal and textile raw materials businesses. The textile business spans many countries, including China, India, Brazil, Vietnam and Australia. The metal business has become a key growth driver for the Samsung C&amp;T Hong Kong, especially copper concentrate, copper cathode, and silver. This office has also established a metal business division in Shanghai, China, to manage all sales activities of the business.<\/p><p>General Manager Hong elaborated on the growing dynamics of the HK and Shanghai offices, stating that \u201cFirst, we have the big Chinese market supporting us. Second, being located in a global financial hub with its unique regional characteristics has its perks. Lastly, our business model and items are continuously changing to cope with new trends and the Hong Kong corporation is now looking at ways to achieve future growth based on its existing business model and financial capabilities.\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4ed608 elementor-widget elementor-widget-image\" data-id=\"c4ed608\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2017\/08\/ready02_CT_Hongkong_Final_0830-1-scaled.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzU1NzUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMTdcLzA4XC9yZWFkeTAyX0NUX0hvbmdrb25nX0ZpbmFsXzA4MzAtMS1zY2FsZWQuanBnIn0%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"614\" height=\"2560\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready02_CT_Hongkong_Final_0830-1-scaled.jpg\" class=\"attachment-medium_large size-medium_large wp-image-35575\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready02_CT_Hongkong_Final_0830-1-scaled.jpg 614w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready02_CT_Hongkong_Final_0830-1-scaled-72x300.jpg 72w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2017\/08\/ready02_CT_Hongkong_Final_0830-1-scaled-491x2048.jpg 491w\" sizes=\"(max-width: 614px) 100vw, 614px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>This is the third installment in a series of articles profiling the people and the businesses at Samsung C&amp;T\u2019s branch offices around the world. The following story focuses on Samsung C&amp;T\u2019s office in Hong Kong. Please refer to the second installment for information about Samsung C&amp;T\u2019s office in\u00a0Kuala Lumpur, Malaysia. Employees at Samsung C&amp;T Hong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[2615,2616,2617,2014,1677,90,2618,2619,354,1814,342,163,2333,166,2353,2287,2288,2620,187,1818,1683],"class_list":["post-5971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment","tag-finance","tag-financing","tag-hk","tag-hong-kong","tag-metal","tag-samsung-ct","tag-samsung-ct-china","tag-samsung-ct-hong-kong","tag-samsung-ct-ti-group","tag-samsung-ct-trading-and-investment-group","tag-samsung-ct-trading-group","tag-samsung-trading","tag-shanghai","tag-steel","tag-subsidiary","tag-ti","tag-ti-group","tag-textile","tag-trading","tag-trading-and-investment-group","tag-trading-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Samsung C&amp;T Hong Kong Celebrates 40 Years on the Island - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2017-08-samsung-ct-hong-kong-celebrates-40-years-on-the-island\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samsung C&amp;T Hong Kong Celebrates 40 Years on the Island - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"This is the third installment in a series of articles profiling the people and the businesses at Samsung C&amp;T\u2019s branch offices around the world. The following story focuses on Samsung C&amp;T\u2019s office in Hong Kong. Please refer to the second installment for information about Samsung C&amp;T\u2019s office in\u00a0Kuala Lumpur, Malaysia. 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