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  1. Business - Companies - CORPORATE GOVERNANCE

    Liquidators urge speedy action on Hong Kong corporate rescue bill

    Posted Jun 02nd 2014, 11:55pm by Enoch Yiu

    ... on company rescues' Liquidators have urged the government to speed up the legislative process for a proposed corporate rescue bill to allow troubled companies more time to find white knights. ... it up. Hong Kong currently has no bankruptcy protection law, so a single creditor can wind up a company. "Most countries, including mainland China, have bankruptcy laws. This makes Hong Kong ...

    http://www.scmp.com/business/companies/article/1524096/liquidators-urge-speedy-action-hong-kong-corporate-rescue-bill
  2. China calls for ceasefire in Gaza

    Posted Jul 28th 2014, 02:54pm

    ... Teddy Ng teddy.ng@scmp.com Wu, the country's special envoy to the Middle East, calls situation 'grave' and 'worrying' China called for a ceasefire between Israel and the Palestinians as the two sides still rage war in Gaza despite pledges to a temporary truce Wu Sike, China’s special envoy on Middle East affairs, said Beijing is highly concerned with the conflict ...

    http://www.scmp.com/article/1561108/china-calls-ceasefire-gaza
  3. Business - Economy - RAIL

    Finance Ministry mulls subsidies for essential 'public rail lines'

    Posted Oct 31st 2012, 12:00am by Toh Han Shih

    ... of the government's recent increased spending on railways to stimulate the economy, the net profit of China Railway Construction Corporation (CRCC) surged 41 per cent to 1.9 billion yuan in the third quarter, while the net profit of China Railway Group soared 67.6 per cent to 1.9 billion yuan. CRCC's new contracts jumped 88.3 per cent to 181.8 billion in the third quarter. ...

    http://www.scmp.com/business/economy/article/1073568/finance-ministry-mulls-subsidies-essential-public-rail-lines
  4. Business - China Business

    Mainland railway firm eyes US project

    Posted Nov 03rd 2012, 12:00am by Toh Han Shih

    ... of China Railway Construction Corp is talking to a US company on building a retirement community in Nevada, said Yu Xingxi, the finance and accounting manager of the Shanghai and Hong Kong-listed ... Toh Han Shih hanshih.toh@scmp.com CRCC is negotiating to build retirement community in Nevada costing US$700 million Mainland rail firm eyes US project Despite the China ...

    http://www.scmp.com/business/china-business/article/1074828/mainland-railway-firm-eyes-us-project
  5. News - China - DEVELOPMENT

    Xi Jinping hails 'new horizons' for China and Argentina on visit to Buenos Aires

    Posted Jul 20th 2014, 06:13am by Reuters

    ... Reuters in Buenos Aires China grants Argentina US$7.5b loan Relations between Argentina and China were poised to reach unprecedented "new horizons", visiting President Xi Jinping ... in the region. China is Argentina's second-largest trading partner after neighbour Brazil. Last year, Argentina's trade deficit with China rose more than 20 per cent to US$5.8 billion. ...

    http://www.scmp.com/news/china/article/1556670/xi-jinping-hails-new-horizons-china-and-argentina-visit-buenos-aires
  6. News - China - TERRORISM

    Islamist group 'claims responsibility for Urumqi railway station bombing'

    Posted May 14th 2014, 07:32pm by Reuters

    ... it rarely posts videos promoting its activities or ideology. Foreign Ministry spokeswoman Hua Chunying said she had not seen the video, but she believed it might further bolster China ... areas in China intended to destroy China's national policy and social stability," Hua told a regular press briefing. "We hope that everyone can recognise the goal of these violent ...

    http://www.scmp.com/news/china/article/1512132/islamist-group-claims-responsibility-urumqi-railway-station-bombing
  7. Railway Materials' IPO sends investors to exits

    Posted Jul 10th 2012, 12:00am

    ... Daniel Ren ren.wei@scmp.com A plan by China Railway Materials to launch a 6 billion yuan (HK$7.35 billion) initial public offering in Shanghai sent mainland investors, already battered ... caved in to the pressure from the central government leaders, who are determined to support cash-hungry state-owned companies. 2.77b China Railway Materials says it will probably sell no more ...

    http://www.scmp.com/article/1006389/railway-materials-ipo-sends-investors-exits
  8. Business - Economy - ECONOMIC POLICY

    China has yet to walk the talk on economic reform

    Posted Jul 28th 2014, 10:41am by Derek Scissors

    ... with the institutional leader of the reform camp- the People's Bank of China. Several private banking licences have just been granted, but the state still controls more than 90 per cent of banking assets. ... changes if desired. President Xi Jinping clearly does not desire deep market reform, at least not yet. But the clock is ticking. Owing chiefly to the inefficient state sector, mainland corporate ...

    http://www.scmp.com/business/economy/article/1560995/china-has-yet-walk-talk-economic-reform
  9. Business - China Business

    China orders more than 200 top officials to quit company positions

    Posted Jul 24th 2014, 01:06am by BLOOM

    ... at the Development Research Centre, on Tuesday stepped down as an independent non-executive director at China Minsheng Banking Corp, a post he had held since 2012. The research centre is a government think tank under the State Council. Ba resigned because the research centre required its staff to give up corporate posts, according to a statement posted on Minsheng's website. Minsheng ...

    http://www.scmp.com/business/china-business/article/1557777/china-orders-more-200-top-officials-quit-company-positions
  10. Life of a banker in Hong Kong

    Posted Jul 30th 2014, 03:17pm

    ... Contributor While it is common for MBA graduates to pursue corporate banking jobs after completing their studies, many may choose to expand their horizons by moving abroad. The number of countries to choose from is endless, but many may find the allure of China irresistible. For those who decide to move to a Chinese city, the life of a corporate banker in Hong Kong can ...

    http://www.scmp.com/article/1561184/life-banker-hong-kong

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