When the dismay brought by the financial tsunami continues to cloud over the world, Hong Kong could not escape but is directly affected due to its position as a financial centre. To chase away the gloom, our team has brought true stories of fighters from all walks of life, sharing about how they find out their way out of the blue.

Being around five per cent of the total population of Hong Kong, most ethnic minorities have regarded Hong Kong as their home away from home. However, many of them still face discrimination because of their skin tone. When colour does matter, how do the ethnic minorities react to those unfair treatments? Some would choose to fight for their rights while some remains silent in order to survive in their second home. Our cover story tells you their laughters and struggles by looking into the colour matters from their education, work and daily lives in Hong Kong.

Lee Sing-man, the master of paper-tearing art, is also a fighter who tries hard to save the precious art from dying. In this issue, he also shares his experience in tearing out a new page of his colourful life with his bare hands.

The process of fighting can be tough and with lots of hardship. However, those who are having ¡§Army fever¡¨ may not agree with that. The army fans have established their hobbies through collections of military surplus and by understanding the background and stories of their collections which they treasure and value more.

Also, some student investors have similar interpretation on the process of fighting. Regarding their loss in the financial tsunami as lessons, these young investors are growing tougher while struggling in the crisis.

In this issue, the Photo Features section has brought you the stories of a group of warm-hearted people, who clown around the city, either to bring comforts to sick children or simply to spread more laughters to others despite the disadvantages of themselves.

Rainbow is not perfect without the colour Blue. Though the life appears to be gloomy from the time being, happiness can still be found at every corner.

At last, I am here to express my gratitude to all readers on behalf of the editorial board, we hope you enjoy reading our very last issue in this semester. The next editorial board will continue to bring you inspiring stories starting from March 2008. Once again, thank you for supporting Varsity!

Daphney Tai

Managing editor