Depositing faith

PUBLISHED : Friday, 04 April, 2008, 12:00am
UPDATED : Tuesday, 05 May, 2015, 12:02pm


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HSBC Holdings executive director Vincent Cheng Hoi-chuen (behind, second from left) congratulates the winning team in the HSBC Young Entrepreneur Award 2007-2008. Other judges include Great Eagle Holdings chairman Lo Ka-shui (left), Cheung Kong (Holdings) deputy chairman Victor Li Tzar-kai and Hong Kong General Chamber of Commerce deputy chairman Andrew Brandler. Mr Cheng said after the awards that local lenders have limited room to cut interest rates as deposit rates are very low.