"Paul Cheng Ming-fun", Justice of Peace/JP is a Hong Kong entrepreneur and politician. He was first appointed to Legislative Council of Hong Kong/Legislative Council in 1988 and was the LegCo member for the Commercial (First) constituency (1995–97) and also the Provisional Legislative Council (1996–98). He was the chairman of the Hong Kong General Chamber of Commerce from 1992 to 1994 and honorary steward of the Hong Kong Jockey Club.

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We have wet markets and we'll continue to have them. It's a local tradition.

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If we see prices stay here, (around $35 a barrel) by the second quarter or maybe the second half of next year there will be a noticeable pass-through.

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