A GOOD WEEK FOR ... | South China Morning Post
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  • Jan 29, 2015
  • Updated: 4:32pm

A GOOD WEEK FOR ...

PUBLISHED : Sunday, 22 May, 2011, 12:00am
UPDATED : Sunday, 22 May, 2011, 12:00am
 

Pansy Ho Chiu-king

Casino magnate Stanley Ho Hung-sun's 48-year-old daughter got ready to become the richest woman in town when MGM China Holding debuts on May 26 on the Hong Kong stock market. Her sale of part of her stake in the Macau casino operator via a public offering will net her US$1.2 billion to US$1.5 billion, propelling hurling her into the upper ranks of the wealthy with a net worth of about $5.1 billion, according to a Post analysis. Once again, gaming has paid off for the Ho family. Business

HSBC

The bank scored big by reclaiming co-sponsor rights to the prestigious Hong Kong Sevens, wresting control from Swiss giant Credit Suisse and joining former partner Cathay Pacific in a four-year deal, worth an estimated HK$70 million to HK$80 million for the Hong Kong Rugby Football Union. The two partners promised to expand the game in Hong Kong and abroad. 'The Sevens will be the flagship of our rugby sponsorship portfolio in Asia,' group chief executive Stuart Gulliver said. Sport

Queen Elizabeth

The queen cast aside the threat of bomb attacks to be the first British monarch to set foot on Irish soil in 100 years. Commentators from both sides of the Irish Sea hailed the trip, which began on Tuesday, as a giant step but warned work still had to be done in light of a recent upsurge in sectarian violence. She visited Croke Park, the scene of a massacre by British forces during Ireland's independence struggle. However, the queen did decline a pint of Guinness offered to her during a visit to a brewery. World

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