MarketThe Standard (Hong Kong)
Company Profile

The Standard (Hong Kong)

The Standard is an English-language free newspaper in Hong Kong with a daily circulation of 200,450 in 2012. It was formerly called the Hongkong Standard and changed to HKiMail during the Internet boom but partially reverted to The Standard in 2001.

Format
The Standard is printed in tabloid format rather than in broadsheet. It is published daily from Monday to Friday. ==Ownership==
Ownership
, The Standard was published by Hong Kong iMail Newspapers Limited but currently The Standard Newspapers Publishing Limited. and Headline Daily. The Standard was previously owned by Sally Aw's Sing Tao Holdings Limited. Aw is the daughter of the founder Aw Boon Haw. In 1999 Holdings was acquired by a private equity fund, and in January 2001 by Charles Ho's listed company Global China Technology Group Limited (whose name was changed to Sing Tao News Corporation Limited in February 2005). At the same time Sing Tao Holdings, without its main business, was sold to a Chinese private company. ==History==
History
The Standard was originally named the Hong Kong Tiger Standard. The newspaper was founded by Tycoon Aw Boon Haw after the end of the Chinese Civil War. He incorporated the publisher The Tiger Standard Limited on 23 May 1947. On the back of financially successful Sing Tao Daily and Tiger Balm, he attacked the English-language newspaper market by launching the paper on 1 March 1949 to give a Chinese voice to the world and to advance the interests of Chinese in all their endeavours and defend them against all kinds of inequalities, challenging the pro-colonial establishment press. It started life as a broadsheet, largely edited and run by Chinese, though not to the exclusion of other nationals. During the 1990s, when Sally Aw (Aw Sian, adopted daughter of Aw Boon Haw) chaired Sing Tao News Corporation Limited, The Standard was the only English newspaper in Hong Kong that was allowed to be circulated in China. In 1994 a third English-language newspaper, the Eastern Express, appeared. Its bold headlines and large photographs provoked a radical redesign at the Standard, which also suffered the loss of a great many reporters, sub-editors, and advertising to the Eastern Express, tempted by its boasts of generous pay. The new paper quickly pushed the Standard into third place for full-price sales. The Standard adopted a distinctive orange and black masthead and an advertising campaign that used a carrot logo and the maxim "clearer vision." Meanwhile, an emergency recruitment drive brought in new staff from the UK and Tasmania, mostly from regional newspapers and on fixed contracts. Its Sunday supplement, Hong Kong Life, began free distribution in bars and clubs. On 27 May 2000, facing challenges from its biggest competitor the South China Morning Post, to attract more younger readers, Circulation fraud In August 1996 the Independent Commission Against Corruption in Hong Kong found that 14,000 copies of the paper had been discarded at Wan Chai Pier and therefore started an investigation. The ICAC discovered that from 1994 to 1997 the circulation figures of the Hong Kong Sunday Standard and the Hongkong Standard had been routinely and substantially exaggerated, in order to attract advertisers and to raise the revenue of the newspapers. Circulation figures had always been somewhat obscure, owing to the Sing Tao group's longstanding agreements with hotels and clubs where the newspaper was distributed free. As a result, the ICAC arrested three staff members of the Hongkong Standard and investigated Aw Sian as co-conspirator. The case was heard from 23 November 1998 to 20 January 1999, at the conclusion of which all three were found guilty and sentenced to 4 to 6 months in jail. Aw Sian was not charged, after the secretary of justice Elsie Leung decided not to prosecute her owing to insufficient evidence and in the public interest. The decision generated controversy among a skeptical public who saw this as discrimination in favour of the powerful and well-connected. ==References==
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