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  • September 20, 2014
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Results 1 - 10 of 87 for baoshantang pharmaceutical company

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  1. Business - Banking & Finance - FINANCE

    HSBC pays US$550m to settle US claims over mortgage-backed securities

    Posted Sep 14th 2014, 06:35am by AP

    ... extensive operations in the US. Its US division has about US$289 billion in assets, making it the ninth-largest bank there. HSBC sold the securities to the two mortgage companies- the Federal ... at the height of the financial crisis in September 2008 when they were on the verge of collapse. The companies received taxpayer aid totalling US$187 billion. They have since become profitable ...

    http://www.scmp.com/business/banking-finance/article/1591986/hsbc-pays-us550m-settle-us-claims-over-mortgage-backed
  2. Business - Companies - FINANCE

    Under-fire Citic seeks legal advice on SFC's HK$1.9 billion lawsuit

    Posted Sep 13th 2014, 04:28am by Enoch Yiu

    ... the process of considering the SFC's allegations and claim, and seeking legal advice", company chairman Chang Zhenming said in a statement issued yesterday morning. Its share price dropped ... in the case," said Clement Chan, president of the Hong Kong Institute of Certified Public Accountants. "Investors rely on senior executives of the listed companies to have internal controls ...

    http://www.scmp.com/business/companies/article/1591313/under-fire-citic-takes-legal-advice-sfc-writ-analyst-call-action
  3. News - Hong Kong - FINANCE

    SFC launches legal action against Citic to demand compensation for investors

    Posted Sep 11th 2014, 11:17pm by Enoch Yiu

    ... former executives breached sections 277 or 298 of the Securities and Futures Ordinance (SFO) which ban any company or person from distributing "materially false or misleading information ... are not aware of any adverse material change in the financial or trading position of the Group since 31 December 2007." The company issued another announcement on October 20, 2008, saying it had ...

    http://www.scmp.com/news/hong-kong/article/1590457/sfc-launches-legal-action-against-citic-demand-compensation-investors
  4. Business - China Business - FINANCE

    Alibaba seeks to raise more than US$24 billion in record IPO

    Posted Sep 06th 2014, 03:13pm by CHIM SAU-WAI

    ... for largest ever IPO Chinese e-commerce giant Alibaba Group Holding is seeking to raise up to US$24.3 billion in what could become the world's biggest ever share sale. The company expects ... to US$24.3 billion. That would value the company at about US$163 billion. Even if Alibaba is eventually priced at the bottom end of the range, and the option for additional shares is not exercised, ...

    http://www.scmp.com/business/china-business/article/1586594/alibaba-seeks-raise-us243b-ipo-record
  5. Business - Banking & Finance - FINANCE

    China trust asset growth slows amid tighter regulation

    Posted Aug 13th 2014, 01:11am by BLOOM

    ... banking and investors reassess the risks of the high-yield investments. Trust companies' assets under management climbed 6.4 per cent to 12.5 trillion yuan (HK$15.7 trillion) as of June 30 ... it matured. The company last month delayed payments on a second product. The banking regulator tightened rules for new trust products in April as borrowers from coal miners to developers struggled ...

    http://www.scmp.com/business/banking-finance/article/1572391/china-trust-asset-growth-slows-amid-tighter-regulation
  6. News - World - FINANCE

    No revenue, no assets, yet worth US$billions: stock regulators pull plug on social networking firm

    Posted Jul 13th 2014, 06:32am by GUARDIAN, Bloomberg, Reuters

    ... Agencies in New York No revenue, no assets, yet worth US$ billion for no apparent reason- US authorities pull the plug on penny-stock social-networking company Trading halted on mystery firm Financial regulators in the US suspended trading in a social-networking company with no assets, no revenues and one employee, whose value on the stock market soared to US$6 billion ...

    http://www.scmp.com/news/world/article/1552863/no-revenue-no-assets-yet-worth-usb-stock-regulators-pull-plug-social
  7. Business - Banking & Finance - FINANCE

    FSDC sees bigger role for Hong Kong in helping Chinese firms go global

    Posted Jul 15th 2014, 01:31am by Enoch Yiu

    ... serve mainland companies expanding into international markets, the South China Morning Post was told. Council chairwoman Laura Cha Shih May-lung said mainland firms now directly invested in overseas markets through western investment banks. "In fact, these mainland companies can use the platform and professionals of Hong Kong to better help their 'going out' strategy. ...

    http://www.scmp.com/business/banking-finance/article/1554321/fsdc-sees-bigger-role-hong-kong-helping-chinese-firms-go
  8. Business - Banking & Finance - FINANCE

    Taiwan to renegotiate deal on yuan investment quota

    Posted Jul 12th 2014, 12:52am by BLOOM

    ... relaxed restrictions on insurers holding foreign currency-denominated assets and could ease rules on products such as structured notes. "We'd like to see what the insurance companies ... like Taiwanese companies and other foreign companies to come and issue in Taiwan, too." ...

    http://www.scmp.com/business/banking-finance/article/1552353/taiwan-renegotiate-deal-yuan-investment-quota
  9. Business - Banking & Finance - FINANCE

    Beijing to back United States over new Fatca law against tax evasion

    Posted Jun 27th 2014, 11:50pm by Toh Han Shih

    ... consultant at the trust company Amicorp, said: "I can imagine Beijing will want information on Chinese taxpayers abroad. A possible reason is that the government wants information on corrupt ...

    http://www.scmp.com/business/banking-finance/article/1542111/beijing-back-united-states-over-new-fatca-law-against-tax
  10. Business - Banking & Finance - FINANCE

    Mainland China authorities clash over securities launch

    Posted Jun 23rd 2014, 03:08am by REN WEI

    ... Beijing has been encouraging financial institutions to issue asset-backed securities since last year, hoping to create a new financing channel for companies amid a tightening of monetary policy. ...

    http://www.scmp.com/business/banking-finance/article/1538534/mainland-china-authorities-clash-over-securities-launch

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