• Fri
  • Jul 11, 2014
  • Updated: 3:25pm

Ng Fung Hong

Beijing vows to break beef monopoly

Beijing authorities have promised to study proposals to reform the live cattle supply to Hong Kong - including abolishing the Ng Fung Hong monopoly - according to a lawmaker who met mainland officials last week.

Saturday, 8 June, 2013, 4:16am

Wholesale price for marbled beef rises 4.5pc

Diners may have to dig deeper into their pockets if they want to tuck into quality beef as the territory's sole fresh beef distributor, Ng Fung Hong, yesterday announced a 4.5 per cent increase in the wholesale price of marbled beef.

6 May 2013 - 5:00am

City Digest, March 9, 2013

A three-year-old Australian girl died after she fell from the window of her second-floor bedroom at block two of Pacific View, Stanley at about 6pm last night. 

9 Mar 2013 - 5:03am 1 comment

Ng Fung Hong says live cattle import profits down 11pc

In a rare public disclosure, the city's sole mainland beef distributor has reported a year-on-year fall of 11 per cent in gross profit on its live cattle imports.

15 Jan 2013 - 4:04am 1 comment

Supply of mainland meat comes under probe

An investigation into the supply of meat from the mainland is under way in an attempt to break a monopoly on wholesale beef, with a result expected in three months, the health minister said yesterday.

6 Jan 2013 - 4:06am

Calls to break monopoly of wholesale beef supplier Ng Fung Hong

Meat retailers have called on the government to break Ng Fung Hong's monopoly of wholesale beef, as they expect a quarter of the 500 players in the business to go bust after the Lunar New Year as a result of rising prices.

1 Jan 2013 - 4:20am

Ng Fung Hong ups beef prices by 6pc in year's sixth hike

Hongkongers will now have to pay even more for beef, after the city's sole mainland beef distributor Ng Fung Hong announced its sixth wholesale price increase in the year.

With effect from today, the wholesale price per kilogram will go up by HK$4.3 to HK$67.9 for regular beef and by HK$3.8 to HK$71.3 for premium beef.

22 Dec 2012 - 3:51am

Government to study Ng Fung Hong monopoly's effect on beef prices

The government said yesterday it would investigate whether to open up to competition the supply of fresh beef from the mainland to slow soaring prices.

17 Dec 2012 - 5:53am

Hong Kong should have a beef with its dodgy meat monopoly

I am grateful to the reader who drew my attention to the letter in Monday's edition of the South China Morning Post headed "HK's economy benefits from beef monopoly".

The letter defended Hong Kong's monopoly importer of mainland beef cattle, Ng Fung Hong, a subsidiary of China Resources Enterprise.

30 Nov 2012 - 2:53am 2 comments

Letters to the Editor, November 26, 2012

HK's economy benefits from beef monopoly

There have been calls, because of rising prices, for the scrapping of the monopoly of the sole distributor of mainland cattle in Hong Kong, Ng Fung Hong.

The company has raised the wholesale price of cattle five times this year and this has not been well-received by the public.

26 Nov 2012 - 2:58am 9 comments