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HKEJ chief: We’re in best era

出自香港新聞網 - 樹仁新傳系學生實習習作

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HKEJ chief: We’re in best era

Dated 26, Sept 2012

By Kris Lau 105173

Hong Kong Economic Journal Executive Chief Editor Tim Chan called on university students to remain optimistic for the future of local press industry and welcome the transformation of key news media, which is from printed material to online portal.


The journalist industry is still fraught with uncertainty and still away from where it expected to be, but the demand of information especially of financial updates is of historical height, Chan said at a seminar hosted by the Dept. of Journalism & Communication of Hong Kong Shue Yan University.


“In the old days, people read newspaper at breakfast and watch evening TV news at dinner. That’s it. Our reading habit simple and clean” Chan recalled. “Benefited by growth of technology, we now look for updated information every minute. We are all news-addicts,” he said. “As long as information is in demand, the industry will survive the fast-changing society.”


“This is the best era to do news,” Chan said. Despite the global newspaper sales are confronted with a number of challenges including the harder competition, the wireless network, the lack of new readers and the change of reading habit. “Printed press will decline in 10 years. It will be replaced by online news site, just like Tempo tissue substitute handkerchief,” he added.


“For network news, financial news has the highest income. People are will to pay for financial news, he said. Hence he sees through out all news categories, financial news can provide the most promising future to journalist.”


Even the society thought a financial journalist has to be knowledgeable and intelligent; Chan explained knowledge is never a criterion to get into the industry. “Everyone with Mathematics skills of primary level can handle financial news,” he pointed out. While the global economic change extremely fast, even the insiders like reporters may not know all. “None of Hong Kong financial reporters and specialists heard of minibond before "Lehman Minibond Fiasco," he noted. For all emerging changes, the key succeed is to learn ceaselessly. Financial journalists find it easier to finish an assignment when you built more connection with interviewee and accumulate more experience. “Learn to be a financial journalist is easier to be a basketball player,” he added.


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