THE launch of the Hong Kong Audit Bureau of Circulations chapter (HKABC) is confirmed for next month, but there are still doubts about its ability to provide the publishing industry with a standard.
'HKABC will actively promote the cause of circulation auditing in Hong Kong to protect the common interest of both the buying side and the selling side of advertising in the print media,' said Anthony Lau, HKABC founding chairman.
Mr Lau was speaking at a press conference called to officially announce the establishment of the HKABC.
Until now, publishers could deal only with the UKABC.
Of the hundreds of publications in Hong Kong, fewer than 60 carry the stamp confirming their circulation figures are ABC audited.
Many media buyers and sellers - advertisers and publishers - have called for a 'level playing field'.