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  • October 31, 2014
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  1. Financial services chief would do better lobbying closer to home

    Posted Oct 12th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Professor Chan, please don't get on the wrong plane. Secretary for Financial Services and the Treasury Chan Ka-keung last week said he was heading for London in November to promote Hong Kong as an international financial centre. But fund managers say Chan seems to have bought the wrong tickets as Beijing is where he should go to promote the local fund industry. ...

  2. B-minus for financial services; government must try harder

    Posted Sep 25th 2009, 12:00am by Tom Holland

    ... pretty much sums up the Hong Kong government's efforts to develop the city's financial services industry, according to a report published yesterday. Compiled by a panel of the Business ... constructive criticisms'. The report rightly identifies the financial services industry as one of Hong Kong's greatest strengths. With growth in the sector easily outstripping overall ...

  3. Cutting civil service pay will do nothing to ease financial woes

    Posted May 28th 2009, 12:00am by Staff Reporter

    ... A survey has shown a drop in private sector pay as the city's economy is in recession due to the global financial turmoil. Consequently, editorials in the Hong Kong media are quick to call for cuts in civil service pay. The argument put forward is that civil servants should share the pain. It would appear that such a pay cut is inevitable. Even Chief Executive Donald Tsang ...

  4. Business - Banking & Finance

    Hong Kong on track to become top financial centre

    Posted Dec 13th 2012, 12:37pm by Jeanny Yu

    ... in the financial world and a remarkable turnaround since the financial crisis. By 2015, the number of financial service jobs in Hong Kong, which was less than half the London number in 2005 – will have ... more dynamic growth of the Asian economies, which has created a booming demand for financial services”, the report said. ‘Much of this shift is inevitable as a result of the world’s changing ...

  5. Tsang urged to map out vision for financial services

    Posted Jan 15th 2007, 12:00am by Staff Reporter

    ... Denise Hung Hong Kong should set out its vision as a financial services provider to the mainland in the city's long-term strategy for development, a panel of experts advising ... on the advice of the experts he appointed. Referring to the views by the financial services focus group, one of four appointed by Mr Tsang, a senior government official said the chief executive believed ...

  6. Out of commission

    Posted Feb 13th 2012, 12:00am

    ... business in an emerging market,' says Harvey. The closure marks the end of Hong Kong's only substantial fee-for-service independent financial advisory. A few independent advisers offer this model, and Calibre Asset Management- owned by National Australia Bank- is developing a similar service in Hong Kong, but this is at an early stage. Hong Kong's financial advisers otherwise ...

  7. News - China - ECONOMY

    Shanghai booster Fang Xinghai lands Beijing financial advisory role

    Posted Jun 18th 2013, 12:00am by George Chen

    ... on Hong Kong. Fang Xinghai, former head of the Shanghai Financial Services Office, who once famously downplayed Hong Kong's importance as a financial hub, has been named a senior official ... one of the sources. Fang, who obtained his PhD in economics from Stanford University, took the helm of the Shanghai Financial Services Office in 2007 and has been deputy general manager ...

  8. Hong Kong is No1 financial centre

    Posted Dec 14th 2011, 12:00am

    ... acknowledged the city's strengths in access to capital, business environment and banking financial services, such as initial public offerings. 'In the past, Hong Kong's status ... financial services. Institutional environment, financial stability, non-banking financial services and financial markets were also put under the microscope. The US ranked second overall, Britain ...

  9. The financial chief we need

    Posted Jun 17th 2012, 12:00am

    ... Philip Bowring Former monetary chief Joseph Yam Chi-kwong has done a service by igniting discussion of the dollar peg. His motive may be questionable but at a time when the attentions of the chief executive-elect seem focused on rearranging the desks at Tamar to reflect bureaucratic power shifts, Yam has raised a fundamental issue and reminded us of the key roles of the financial ...

  10. Hong Kong puts bigger families in a tight financial and social squeeze

    Posted Apr 18th 2012, 12:00am

    ... family. Our society is greying rapidly, but without a committed approach to tackling the problem, all we will ever see are government officials paying lip service to this issue but nothing ever ...




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