Sphere No.44 (Mar 2018)

01 The newest, best things are sometimes the oldest things imaginable. They survive for millennia because they don’t stay old. The ancient becomes new, transformed by the hand of man, again and again. Take money. From using AlipayHK by a swipe of your mobile phone to the first- ever coin, the Lydian Lion, money is an idea on a par with the invention of the wheel for its importance to civilisation. But while the Tang dynasty’s first attempts at paper money may not be visible on your smartphone today, the idea is there. Improved, evolved, revolutionised – but it’s there. One of the oldest forms of money was salt, still vital to humanity today. Only now, in Australia, Cheetham Salt capitalises on electrolysis for a completely novel use for salt: disinfecting pools, replacing nasty chlorine. One of ancient man’s great foes is still with us – absolute freezing cold. But this less than great thing has been overcome since the Inuit’s forebears crossed the Bering Strait and the Sami people colonised Lapland. Now, CKHH companies from Husky Energy to 3 Sweden and Park’N Fly not only survive, but thrive in the face of killer bears, killer icicles and killer cold conditions. Ancient man and modern business have conquered the fro-zone. While education may be a recent invention compared to money and the early uses for salt, it thrives and is much respected in the most ancient of lands. From Israel to China, this abiding respect for education makes the institutions of Technion and the Li Ka Shing Foundation natural allies in continuing to prepare their people for the future. A future that springs from their ancient past, transformed again and again. The ancient becomes new again. WELCOME Sphere Magazine #44 March 2018 Cover Illustration Jessica Li Whatever you call it or however you carry it, money has always been crucial to the most modern and most primitive civilisations. The cover illustration captures its many manifestations. THE BEST OLD IS NEW Published by CK Hutchison Holdings Limited 22/F Hutchison House 10 Harcourt Road Central Hong Kong Available on www.ckh.com.hk CK Hutchison In-house Editorial Team Laura Cheung Jeremy Lau Hans Leung Erica Liu Wendy Luk Ada Chan Feedback and Enquiries SphereE@ckh.com.hk Editor Andrew Work Printing bigboXX.com Limited Creative Consultant thewhamagency.com Designed and Produced by Orijen Limited Tel: +852 2522 8122 www.orijen.com Editorial Julia Brown Creative Team Jan Adams Alina Rai Illustrations Jessica Li Alina Rai Production Team Katy Li Ada Leung Kit Cheung All rights reserved. No part of this magazine may be reproduced without written permission from CK Hutchison Holdings Limited. Opinions expressed herein are those of the writers and do not necessarily reflect the opinion of CK Hutchison Holdings Limited. All currency conversions are approximations. ©2018 by CK Hutchison Holdings Limited (A limited liabilityCayman Islands company registeredand listed inHongKong)