The Lion Rock Institute


The Lion Rock Institute is a not-for-profit free-market think tank in Hong Kong. The Lion Rock Institute describes itself as Hong Kong's first independent free-market think tank. According to the Institute's website, it was created "to ensure that freedom and prosperity would continue to thrive in Hong Kong". It is one of the institutions supported by the Atlas Network.

History

The Institute was founded in August 2004 by founders Simon Lee, Andrew Work, and Andrew Shuen.

Political stance

The Lion Rock Institution describes itself as "independent". Academic and democracy activist Joseph Cheng regards the Institution as politically neutral.

Activities

The Lion Rock Institution's political activities have been pro-free market. It opposed to an increase of tobacco tax in Hong Kong as proposed by the Hong Kong Government in 2009.
The Lion Rock Institute is active in a range of aspects of Hong Kong society, especially broadcasting and telecom, town planning, transportation, house and redevelopment, fiscal management, competition law, social mobility, minimum wage, education, health care, and financial services. It does not concern itself with foreign policies or those concerning mainland China.
The Institute has been quoted on a number of these issues by newspapers and media outlets in Asia.

Beliefs

The Lion Rock Institute subscribes to the view that "policies from a free market perspective", such as defending property rights, lessening government interferences on the market, and advocating low taxes rates and minimal restrictions on businesses, "will contribute to a freer and more prosperous future for Hong Kong".

Symbolism

The Institute explains that "In the 1950s, hundreds of thousands fled turmoil in Mainland China. They hoped for freedom and a better life. They settled in droves on the slopes of Hong Kong's geographical centre, Lion Rock..."Under the Lion Rock", a 1970s classic by Roman Tam, tells the story of the people who built Hong Kong. The spirit of a community supported the individual efforts of those seeking freedom and prosperity." The Lion Rock name symbolises the strength of the people of Hong Kong, both during this time and in general; by taking on the name, the Institute hopes to express the "hope for freedom, individual courage" and an aspiration to build a prosperous future of the people of Hong Kong.

Values

Among the Institute's values: