The TaiFoong Trophy, the annual golf tournament between Swire and HSBC, was held on 9th November at the Shek O Country Club. The event ended in a draw – for only the second time since the competition was established in 1993; however, Team Swire (in white) claimed both the nearest-to-the-pin awards. "TaiFoong" is an amalgam of the two organisations' Chinese names, Taikoo ("Great and Ancient") and Wayfoong ("Abundance of Remittances"); the event celebrates strong ties between two of Hong Kong's oldest companies.