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Happy New Year! Join us in honouring the old and welcoming the new! For our first issue of 2019 – a double one for January and February – we've picked a cover image that is unmistakably Hong Kong. The light installation depicted is called Bat and Coin, by Stanley Siu's Daydreamers Design, and is one of the 18 installations that make up the first-ever International Light Art Display, on show until February 24 and transforming Central Harbourfront into a surreal theme park of light. The design represents an outline of a bat holding a coin, an emblem widely used as signage for local pawn shops – symbolising wealth and good fortune in Chinese tradition and also a fitting motif for Chinese New Year. Walking through what seemed like a never-ending illuminated tunnel, Siu (one of the judges of our A&D Trophy Awards), turned to me and said: "Does it lead us to the future or are we only moving away from tradition?" A pertinent question well worth pondering. Last year may have been a challenging one for some, but it was unquestionably upbeat for Perspective. We hosted two A&D Awards ceremonies in November, adding the A&D China Awards to the A&D Trophy Awards and in the process doubling the number of winners. Our Pinnacle Award recipient was Ronald J Phillips, responsible for Hong Kong's Murray Building completed at the end of the 1960s. You can read about the winners and the ceremonies in our A&D Awards report (page 36). The search for talent does not stop there. This year's 40 Under 40 Awards are now open for nominations. We welcome any young creatives from the fields of architecture, interior design, art and product design aged 40 or younger and based in Asia. Now's the time to nominate someone – or yourself. Visit perspectiveglobal.com/awards/40-under-40 for more details. The start of the year isn't only for resolutions. Our Design Trends section (page 130) points the way ahead for the industry, while Design Events (page 138) tells you where you should head for your next trip.

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