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  • November 1, 2014
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  1. News - Hong Kong - OCCUPY CENTRAL

    Calls from business sector grow for Hong Kong's Occupy protests to end

    Posted Nov 01st 2014, 04:25am by Peter So, Raquel Carvalho, Alan Yu and Ernest Kao

    ... Peter So, Raquel Carvalho, Alan Yu and Ernest Kao HSBC chief executive says investors are taking a wait-and-see attitude towards Hong Kong Calls grow for Occupy to end as business suffers With a highway and other roads still blocked, the five-week-old Occupy movement is harming the city's economic prospects, small and big businesses say. HSBC Asia-Pacific chief executive Peter Wong ...

    http://www.scmp.com/news/hong-kong/article/1629430/calls-business-sector-grow-hong-kongs-occupy-protests-end
  2. Comment - Insight & Opinion

    Hong Kong well placed to further develop cruise ship business

    Posted Nov 01st 2014, 05:14am

    ... is open to debate. Admittedly, the Kai Tak terminal is far less busy than some of its counterparts in the Mediterranean and Caribbean. Tucked away at the old airport runway in East Kowloon, ... of the cruise business as an engine of tourism growth has long been recognised. In 2012 the industry estimated that its economic output in America and Europe added up to nearly US$93 billion. Given Hong ...

    http://www.scmp.com/comment/insight-opinion/article/1629457/hong-kong-well-placed-further-develop-cruise-ship-business
  3. Business - China Business - REGULATION

    Beijing to open up card clearing business

    Posted Nov 01st 2014, 05:21am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com UnionPay's monopoly over the clearing business will end under China's plan to allow foreign issuers to set up firms to process yuan payments Beijing to open up card market Chinese regulators plan to open the yuan-denominated credit-card clearing business to foreign companies from August next year, a source at the country's largest ...

    http://www.scmp.com/business/china-business/article/1629421/beijing-open-card-clearing-business
  4. Business - Economy - POLITICS

    World Bank says Occupy protests fail to impact Hong Kong's business climate

    Posted Oct 29th 2014, 04:59pm by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com 'Occupy hasn't hit business climate' The Occupy protests have not affected Hong Kong's business climate, says the World Bank Group, which in its annual report released yesterday rates the city as the third easiest place in the world to do business. "Right now, the pro-democracy campaign does not appear to have an impact ...

    http://www.scmp.com/business/economy/article/1627626/world-bank-says-occupy-protests-fail-impact-hks-business-climate
  5. A Business Mind: Peter Yau, founder and general manager of AnchorStream

    Posted Oct 30th 2014, 11:31am by Andrea Zavadszky

    ... services. Until recently we didn’t need to worry about business as the client return-rate was high and we got new customers through word of mouth. But medical solutions are a mature business and we can’t expect much innovation and expansion. To ensure our business’s healthy development, we decided to spin off AnchorStream and upgrade it from web design to offering full-service ...

    http://www.scmp.com/article/1628110/business-mind-peter-yau-founder-and-general-manager-anchorstream
  6. Business - Economy - SURVEYS

    Small business survey in Hong Kong falls to lowest in two years over economic worries

    Posted Oct 30th 2014, 06:26am by CHIM SAU-WAI

    ... The index stood as 47.9, down 3.4 points from the previous quarter. The survey on the SMEs' outlook on the overall business environment for the next quarter, conducted by the Hong Kong ... business sentiment along with other elements such as changes in the global economic environment. "The weakening of sentiment among our survey respondents matches the recent rise in market ...

    http://www.scmp.com/business/economy/article/1627861/small-business-survey-hong-kong-falls-lowest-two-years-over
  7. Property - Hong Kong & China - DEVELOPERS

    Wanda looks to raise US$6b by listing businesses in Hong Kong

    Posted Oct 30th 2014, 06:17am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Wanda opening 100th mall in Kunming The mainland's property-to-film conglomerate Wanda Group will celebrate the opening of its 100th Wanda plaza tomorrow in Kunming, Yunnan province, while seeking to raise up to US$6 billion by listing its core onshore shopping centres and hotel business in Hong Kong. In a prospectus released last month, ...

    http://www.scmp.com/property/hong-kong-china/article/1627867/wanda-looks-raise-us6b-listing-businesses-hong-kong
  8. Comment - Insight & Opinion - OCCUPY CENTRAL

    Protesters want a rethink of Basic Law bargain between Communist Party and big business

    Posted Oct 28th 2014, 12:55pm by John Burns

    ... John Burns John Burns says the injustices of the current system make it untenable Rethink Basic Law bargain favouring big business Chief Executive Leung Chun-ying's comments in the international media implying that government in Hong Kong must be protected from populism is a timely reminder of the bargain the Chinese Communist Party struck with big business in the 1980s ...

    http://www.scmp.com/comment/insight-opinion/article/1626578/protesters-want-rethink-basic-law-bargain-between-communist
  9. Business - China Business - FUNDRAISING

    Shunfeng to place HK$2.8b in convertible bonds to expand solar business

    Posted Oct 29th 2014, 01:45pm by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Shunfeng Photovoltaic International plans to place up to HK$2.8 billion of convertible bonds to finance the expansion of its solar power business ... “The company intends to apply all the proceeds from the convertible bonds to fund the company’s capital expenditure for its existing solar power projects as well as business expansions ...

    http://www.scmp.com/business/china-business/article/1627469/shunfeng-place-hk28b-convertible-bonds-expand-solar-business
  10. Business - Companies - EARNINGS

    Mobile business lifts Baidu's revenue

    Posted Oct 29th 2014, 05:33am by BIEN PEREZ

    ... was unchanged. Shares in the online search giant fell 1.18 per cent on Monday to close at US$219.92, but were still up 23.63 per cent so far this year. Baidu's mobile business, mostly search-related ...

    http://www.scmp.com/business/companies/article/1627047/mobile-business-lifts-baidus-revenue

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