Page 151 - Memoir

INTERVIEWS WITH CLIENTS

My instinct is that social order would be restored in the near future.
CM My instinct is that social order would be restored in the near future.

From the perspective of operating a business in Hong Kong, how is the
From the perspective of operating a business in Hong Kong, how is the JY
condition?
condition?

Generally speaking, there is a decline in the business environment based
CM Generally speaking, there is a decline in the business environment based on
on external and internal factors. The past events have hurt the vitality of
external and internal factors. The past events have hurt the vitality of Hong
Hong Kong and required additional time to recover. I find there are
Kong and required additional time to recover. I find there are currently less
currently less business opportunities around.
business opportunities around.

I am not a local resident in Hong Kong, yet I have lived here for such a long time.
JW I am not a local resident in Hong Kong, yet I have lived here for such a long
Since the year 2019, some underlying circumstances could no longer be reverted
time. Since the year 2019, some underlying circumstances could no longer
back to the past. However, I believe Hong Kong can continue to develop and
be reverted back to the past. However, I believe Hong Kong can continue
thrive as an essential part of China. The accounting industry traditionally relies
to develop and thrive as an essential part of China. The accounting industry
heavily on manpower to operate the business. It would be crucial whether this
traditionally relies heavily on manpower to operate the business. It would
industry could cope with the transformation of the proliferating digital age. On
the other hand, aside from the accounting industry, the banking industry is also
be crucial whether this industry could cope with the transformation of the
facing adversaries based on my understanding. the accounting
proliferating digital age. On the other hand, aside from
industry, the banking industry is also facing adversaries based on my
understanding.

CKY, as an accounting firm with a relatively long history, also made some
CKY, as an accounting firm with a relatively long history, also made some JY
efforts to innovate during this digital era. We have gradually implemented
efforts to innovate during this digital era. We have gradually implemented
a paperless work process which needs coordination with our clients, in
a paperless work process which needs coordination with our clients, in
particular some of our long-term customers who have been using
particular some of our long-term customers who have been using
handwritten accounts or Chinese-based traditional numeric figures. It is
handwritten accounts or Chinese-based traditional numeric figures. It is
definitely our consideration on how to reach out to these loyal customers
definitely our consideration on how to reach out to these loyal customers
and assist them on this transformation.
and assist them on this transformation.

You should continue to invest in this area of innovation and digital
JW You should continue to invest in this area of innovation and digital
transformation in the long run, to match and align with the business and
transformation in the long run, to match and align with the business and
societal development. May I know if your son is in his twenties?
societal development. May I know if your son is in his twenties?

He is already in his thirties.
He is already in his thirties. JY

Your son has a long career ahead for at least 30 more years. I believe he
JW Your son has a long career ahead for at least thirty more years. I believe he
could achieve and reach his peak of career if he takes part in this
could achieve and reach his peak of career if he takes part in this
revolutionary innovation for the industry.
revolutionary innovation for the industry.

邱在光合伙會計師行有限公司六十週年 C K Yau & Partners CPA Limited 60th Anniversary 147