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  • October 26, 2014
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  1. Business - Banking & Finance - FINANCE

    Galaxy Securities to expand margin financing business

    Posted May 09th 2013, 12:00am by Ray Chan

    ... and securities lending businesses to tackle fragmented and low-margin operating conditions at home. The Beijing-based company, which is controlled by Central Huijin Investment, a subsidiary ... business, which allows investors to buy and sell listed securities with money borrowed from a brokerage firm. Chen Youan, the chairman of Galaxy, speaking yesterday in Hong Kong, where the company ...

  2. Business Digest

    Posted Aug 06th 2012, 12:00am

    ... Mainland regulator may cap staff shares at 10pc The number of shares issued to any mainland-listed firm's employees should not exceed 10 per cent of its total issued shares, and no single employee should be awarded over 1 per cent of its total number ...

  3. New business drives up AIA earnings 10pc

    Posted Jul 28th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com AIA Group has posted a higher-than-expected 10 per cent increase in first-half profit, powered by strong new business growth across Asia except South Korea. ... business rose to US$512 million, up 28 per cent from the year-earlier period. Tucker said first-half new business growth was driven by an expanded agency sales team. 'The continuing momentum ...

  4. Banks lose shine among local business students

    Posted Jun 28th 2012, 12:00am

    ... for the slide in popularity of bank jobs, although accounting firms and management consultancies surged up the list. HSBC retained its top spot as the most desired employer for the city's business ... to HK$15,817 this year from HK$16,169 a year ago. While business students shunned the financial sector, those majoring in engineering and natural sciences were eager to join it. Goldman Sachs, ...

  5. Business Digest

    Posted May 31st 2012, 12:00am

    ... ENN to seek green light on proposed China Gas offer Gas supplier ENN Energy is to seek shareholders' approval on July 6 for a US$2.2 billion takeover offer for its bigger rival China Gas Holdings, even though the bid is significantly below the China ...

  6. Credit Suisse eyes business heirs in region

    Posted May 10th 2012, 12:00am

    ... George Chen george.chen@scmp.com Credit Suisse is targeting the second generation of successful entrepreneurs on the mainland for its private-banking business in Asia, where the number ... is a long-time core business for Credit Suisse, contributing about 45 per cent of group revenue in the first quarter. Besides China- the mainland, Hong Kong and Taiwan- and Southeast Asia, ...

  7. Underwriting the risks of the shipping business

    Posted Apr 13th 2012, 12:00am

    ... academic background? I studied for my bachelor in business transport and logistics management from Royal Melbourne Institute Technology University. I obtained my LLB from Manchester Metropolitan ... on the way to the office. I pay attention to news about shipping, trading, economics, legal updates and issues affecting the insurance business. I also check my e-mails on my phone. What does your ...

  8. Wrong time to cut business tax, Tsang says

    Posted Jan 04th 2012, 12:00am

    ... missed a chance to honour his promise and lower the burden on business. 'There was room for a reduction last year when the economy was less uncertain,' said Richard Chow Yeung-tuen, ... Jeffrey Lam Kin-fung, a government suppoter, expressed disappointment in Tsang's decision. '[The business sector] expects the new administration to implement the reduction,' Lam ...

  9. The business of doing good

    Posted Dec 02nd 2011, 12:00am

    ... John Cremer The real key to any business-based degree is striking the right balance between theory and practice. Students must have a good grasp of the economic theory, structures ... skills- and that is just to get past the first base in the recruitment process. For this reason, the Chinese University of Hong Kong (CUHK) Business School provides a holistic education, ...

  10. Minding their own business

    Posted Nov 21st 2011, 12:00am

    ... or partnership having a portfolio of not less than HK$8 million or total assets of not less than HK$40 million; and any corporation whose sole business is to hold investments and which is wholly owned ... even be classified as derivatives. They accuse some regulators as being militant and anti-business. Many fear over-zealous regulators may drive private banking business away from Hong Kong ...




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