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  • October 2, 2014
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  1. Asset restructuring plan weighs on BBMG

    Posted Jul 14th 2009, 12:00am by Toh Han Shih

    ... to a related company, Hebei Taihang Cement. In 2007, the China Securities Regulatory Commission told BBMG Group to undertake an asset restructuring. Under the plan, BBMG Corp's parent ... of Taihang,' said Bocom International analyst Christian Jiang Weisong. If the restructuring failed, BBMG Corp's parent might also be subject to litigation by Taihang or its shareholders, ...

  2. HSBC banker predicts growth in trade will continue into next year

    Posted Mar 16th 2011, 12:00am by Keith Wallis

    ... a senior banker told Hong Kong shipowners yesterday. Christopher Lewis, head of trade and supply chain in Greater China for HSBC, said the recovery in trade seen last year should push forward ... of the 'interest rate arbitrage' between US dollars and yuan. But he also believed there had been specific trade settlements in the mainland currency. He said a HSBC survey showed the yuan would ...

  3. HSBC chief's pay bonanza cancelled

    Posted Feb 25th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick HSBC chief executive Michael Geoghegan may have relocated to Hong Kong but he has not escaped the long arm of the British government, which has indirectly scotched ... reported. This followed a shareholder revolt evidently inspired by the government, which has been eager to punish bank chiefs for the nation's financial crisis. The HSBC chief was not paid ...

  4. HSBC chief sees stable economy by year's end

    Posted May 20th 2009, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong's economy is expected to contract this year but is likely to stabilise near the end of the year, according to Michael Geoghegan, the chief executive of HSBC ... in 24 months and that banks worldwide would face 'headwinds'. Mr Geoghegan said HSBC would share some of the pain but the bank had positioned itself so that it could ride out ...

  5. HSBC paves the way with awards for architecture students to go green

    Posted Oct 05th 2009, 12:00am by Amy Nip

    ... Amy Nip HSBC has sponsored three awards for the Greenville Student Design Competition, to encourage students to play their part in building a sustainable community. Winners of the HSBC ... they play an important role in helping our cities become greener,' said Teresa Au Pui-yee, HSBC's head of corporate sustainability for Asia-Pacific. It was estimated that buildings ...

  6. Mainland growth slows, inflation up

    Posted Aug 12th 2010, 12:00am by Cary Huang

    ... Hongbin, co-head of HSBC's Asian economic research, said domestic demand continued to moderate but 'China's economy is moderating- not melting'. The government welcomed the moderation, with NBS spokesman Sheng Laiyun saying a slowdown in economic growth would be good for the country's economic restructuring and help prevent economic overheating. The government ...

  7. On the Move

    Posted Mar 08th 2010, 12:00am by Staff Reporter

    ... Julie Koo Head of institutional sales, Asia-Pacific HSBC Global Asset Management Koo joins HSBC after 15 years in asset management with Fidelity. Her most recent job was executive director, head ...

  8. SMEs positive about outlook despite subprime uncertainties

    Posted Jun 05th 2008, 12:00am by Denise Tsang

    ... to an HSBC survey. SMEs are branching into the mainland and other Asian markets to counter the fallout of the US economic crisis, the survey shows. Polling 500 SMEs in April, the bank's ... especially those engaged in consumer and electronic goods, were vulnerable to the US economic slowdown, according to HSBC commercial banking senior executive Nixon Chan. 'Hong Kong's ...

  9. Lai See

    Posted Nov 29th 2008, 12:00am by Ben Kwok

    ... account with HSBC. No problem, said the bank, but it will cost you HK$200. When the government guaranteed all deposits last month it advised people to 'find out from the authorised ... were not secure under the scheme,' he added. We checked with HSBC, which sent us a bank tariff guide as to how different services were charged. The Hong Kong Monetary Authority, meanwhile, ...

  10. Li Ka-shing remains on Forbes' list of top givers

    Posted Mar 06th 2009, 12:00am by Nick Gentle

    ... Nick Gentle Perennial philanthropist Li Ka-shing has again made it onto the list of the Asia-Pacific region's greatest givers. Mr Li, the city's richest man and chairman of Cheung Kong (Holdings), was among four Hong Kong tycoons to make it onto ...




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