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The man in the hot seat on Hong Kong’s biggest fun ride

Ocean Park has suffered its worst year in decades, with a huge deficit and slump in visitors, but chief executive Matthias Li explains why there are plenty of reasons to be optimistic

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Ocean Park CEO Matthias Li is confident he can steer a new course of success. Photo: Jonathan Wong

Veteran executive Matthias Li Sing-chung, 62, took the helm of Ocean Park as chief executive in July last year. The appointment came at a turbulent time for Hong Kong’s tourism industry, with visitor numbers falling and the launch of another Disneyland, in Shanghai, in June.

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Ocean Park reported a HK$241 million deficit for the last fiscal year, with visitor numbers plunging by 18.8 per cent to six million. This was the largest deficit since 1987, when the park ceased to be a Hong Kong Jockey Club subsidiary.

Li joined the park as finance director and corporate secretary in 1994, then rose through the ranks to become deputy chief executive and chief financial officer in 2007, and finally chief executive. After serving the city’s beloved theme park for over 22 years, he must now chart a new course to success.

Ocean Park's mascot Whiskers has welcomed generations of visitors. Photo: Dickson Lee
Ocean Park's mascot Whiskers has welcomed generations of visitors. Photo: Dickson Lee
This year marks the 40th anniversary of Ocean Park. Will there be a special theme?

The theme is “making memories”. Since the park opened in 1977 it has been a place that grows with Hongkongers. Because of its unique features, Ocean Park has served three functions – recreational, educational and conservational – and has attracted visitors of different age groups.

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During these 40 years, Ocean Park has become a place of memories for several generations. We hope to recreate new memories for the future, so when you look back this year, this will become a good memory.

Tourists riding the park’s cable car. Photo: David Wong
Tourists riding the park’s cable car. Photo: David Wong
What made you decide to join Ocean Park in 1994 and stay for over 20 years?
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