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  • October 21, 2014
  • Last updated: 9:24am
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  1. Business - Companies - MANUFACTURING

    Wing Lee to invest HK$300m in China denture processing business

    Posted Oct 17th 2014, 10:22am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Electronics manufacturer says the acquisition of View Bright will be an opportunity to diversify its business Wing Lee Holdings, a manufacturer of electronic ... on Friday. It said the two parties signed a non-legally binding term sheet on October 16. Wing Lee will pay HK$100 million in cash and the remaining HK$200 million will be in the form of new shares ...

  2. Business - Money - THE INSIDER

    Lee Shau-kee keeps up the momentum in buying spree

    Posted Sep 29th 2014, 03:58am by Robert Halili

    ... Robert Halili Tycoon's purchases in his Henderson Land, as well as SHKP, come to HK$885m for week Lee Shau-kee keeps up the momentum in buying spree Buying by companies and directors ... in for valuation for director buying was due to purchases by Lee Shau-kee in blue chip property plays Henderson Land and Sun Hung Kai Properties (SHKP) worth a combined HK$885 million. The tycoon has led ...

  3. Business - Money - EQUITIES

    Timing US market turnaround a chancy proposition

    Posted Oct 17th 2014, 10:11am by Reuters

    ... only get these levels of washed-out-ness at extremes," said Bruce Zaro, chief technical strategist at Bolton Global Asset Management. The 14-day relative strength index on the S&P 500, ...

  4. Business - Economy - REGULATION

    Industry plea for tax easing may boost China property market

    Posted Oct 20th 2014, 11:29am by Sandy Li

    ... tax has been circulating for almost a year. Lots of people are expecting the mainland government to further relax the cooling measures to rejuvenate the ailing market,” said Andy Lee Yiu-chi, ... to homes of less than 140 sq metres. “It will certainly be positive to the market if it is implemented as it will reduce transaction costs and increase liquidity,” Lee said. Sales in the secondary ...

  5. Business - Economy - MONETARY POLICY

    South Korea cuts interest rates for second time in three months

    Posted Oct 15th 2014, 12:35pm by Reuters

    ... basis points to 2 per cent, matching the record low set during the peak of the 2008 global financial crisis, but one of the seven committee members voted to keep it unchanged, governor Lee Ju-yeol said. "Governor Lee gave no confidence at all that this rate cut would be sufficient to lift the economy to a self-sustained recovery and he sounded cautious overall, and this makes ...

  6. Business - Money - THE INSIDER

    Directors' selling surges as buybacks slow

    Posted Oct 13th 2014, 04:13am by Robert Halili

    ... Robert Halili Lee Shau-kee extends spending spree on shares in Sun Hung Kai Properties and Henderson Selling surges as buying slows among directors Buying slowed while selling among ... from 202 purchases. The sales, on the other hand, were up from the previous week's six firms, 37 disposals and HK$15.4 million. The buying was led again by Lee Shau-kee, with purchases ...

  7. Business - Economy - GLOBAL ECONOMY

    World faces growth confidence test

    Posted Oct 17th 2014, 05:07am by Bloomberg

    ... global economy and the markets have a history of traumatic economic events," said Paul Mortimer-Lee, chief economist for North America at BNP Paribas in New York. "Psychologically ...

  8. Business - Companies - TECHNOLOGY

    PCCW reaches out for growth in the 'cloud'

    Posted Oct 13th 2014, 04:13am by BIEN PEREZ

    ... Rival data-centre operator NTT Communications shares that view. Brandon Lee Ming-fai, the chief strategy officer at NTT Com Asia, the regional subsidiary of NTT Communications, said: "For ...

  9. Business - Money - STOCKS

    Tianhe Chemicals plunges as much as 47pc after share trading resumes

    Posted Oct 09th 2014, 09:22am by Toh Han Shih, DON WEINLAND

    ... Tianhe's chief financial officer, Joseph Lee, alleged Anonymous Analytics fabricated some documents and forged the signature of Tianhe's chairman, Wei Qi. In response to continued questioning ...

  10. Business - Money - BONDS

    Chinese bond issuers target wealthy Singaporeans

    Posted Oct 04th 2014, 04:46am by Bloomberg

    ... market is dependent on making itself relevant to offshore issuers and investors, over and above the domestic market," said Clifford Lee, the head of fixed income at DBS, Singapore's top ... for issuers and investors compared to other Asian countries." Ties between Singapore and China go beyond bond markets. The island's Prime Minister Lee Hsien Loong mentioned a third possible ...




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