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  • July 11, 2014
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  1. Business - Money - SCMP SURVEY

    Fund managers bullish about Hong Kong stocks

    Posted Mar 21st 2013, 02:38pm by Jeanny Yu, George Chen

    ... more money into Hong Kong's stock market in the next three months despite growing economic and policy uncertainties on the mainland, a survey by the South China Morning Post has revealed. The first South China Morning Post Hong Kong Fund Manager Survey found more than four out of five respondents were already overweight in equities in the first three months of this year. Half were ...

    http://www.scmp.com/business/banking-finance/article/1196286/fund-managers-bullish-hk-stocks-second-quarter-scmp-survey
  2. News - China

    BRICs nations to launch bank

    Posted Jul 10th 2014, 04:39am by Reuters

    ... India, China and South Africa of a US$100 billion bank to finance infrastructure projects has been slow in coming, with disagreements over its funding, management and headquarters. "The ... foreign exchange reserves, will contribute the bulk of the contingency currency pool, or US$41 billion. If a need arises, China will be eligible to ask for half of its contribution, South Africa ...

    http://www.scmp.com/news/china/article/1550677/brics-nations-launch-bank
  3. Alps Electric caters to global players, strengthens R&D capabilities in China

    Posted Jul 08th 2014, 05:23pm by Reports by Stacey Johnson, Christina Liedke and Jessica Ryan

    ... industries, the company is strengthening overseas research and development (R&D) capabilities, especially in China. It opened its Wuxi R&D Center in December last year to enable the local ... and is the largest software solutions and services provider in China. Another R&D facility in Shanghai spurs product development of connectivity technology such as software and evaluates solutions. ...

    http://www.scmp.com/article/1549667/alps-electric-caters-global-players-strengthens-rd-capabilities-china
  4. News - Business

    Exclusive: CDB branch chief suspended over Ping An deal

    Posted Jan 10th 2013, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Head of China Development Bank's HK branch sidelined after U-turn on loan support for Thai conglomerate aiming to buy stake in insurer Bank chief suspended over dealfor Ping An Bank chief suspended over Ping An The head of China Development Bank's Hong Kong branch has been suspended after a U-turn by the state-owned lender over its ...

    http://www.scmp.com/news/article/1124191/exclusive-china-development-bank-suspends-hong-kong-branch-chief-over-ping-deal
  5. News - Business - BUSINESS

    Exclusive: deal for HSBC's Ping An stake to be rejected

    Posted Jan 09th 2013, 12:00am by George Chen

    ... of the matter. "If CP is serious about the deal, it should do more to explain where and how it will get the money and who else, if not China Development Bank (CDB), is helping it make ... George Chen george.chen@scmp.com Mainland regulators poised to reject offer for HSBC's holding in life insurance giant amid concerns about its funding and ownership Thai bid to buy ...

    http://www.scmp.com/news/article/1123361/exclusive-deal-hsbcs-ping-stake-set-be-rejected
  6. Business - Banking & Finance - MR. SHANGKONG

    Don't just blame pollution for the flood of fleeing expats

    Posted May 13th 2013, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Money and career prospects are more likely motives for overseas employees deciding to leave the mainland than poor air quality Don't just blame ... to consider leaving? The European Union's Chamber of Commerce in China recently went some way towards answering this. Air pollution in the big mainland cities such as Beijing had become a key ...

    http://www.scmp.com/business/banking-finance/article/1236296/dont-just-blame-pollution-flood-fleeing-expats
  7. News - China - Foreign aid

    China provided 89.3 billion yuan in foreign aid in three years up to 2012

    Posted Jul 10th 2014, 11:51am by Agence France-Presse in Beijing

    ... of China’s combined Gross Domestic Product (GDP) of 139 trillion yuan over the period, far below the 0.7 per cent target proclaimed by the UN for developed nations. The US, which has an economy ... and medium-sized infrastructure projects”, accounted for the lion’s share of China’s assistance during the three-year period at 55.7 per cent. Grants made up 36.2 per cent of the total, while interest-free ...

    http://www.scmp.com/news/china/article/1550935/china-provided-893-billion-yuan-foreign-aid-three-years-2012
  8. Business - Banking & Finance - BANKING

    Bad loans rise sharply in Shanghai bank sector

    Posted Jun 21st 2013, 12:00am by George Chen

    ... as private companies feel the pinch of the nationwide economic slowdown. At the Shanghai branch of Beijing-headquartered China Citic Bank - listed in Shanghai and Hong Kong - the non-performing loan ... in the first half of this year, in particular among many small- and medium-sized enterprises in the wealthy Yangtze River Delta economic zone in the east, including Shanghai city and Zhejiang ...

    http://www.scmp.com/business/banking-finance/article/1265370/bad-loans-rise-sharply-shanghai-bank-sector
  9. News - China - SECURITY

    Chinese Ministry of Foreign Affairs sets up cyberdiplomacy office

    Posted Jun 15th 2013, 12:00am by STEPHEN CHEN

    ... would discuss cybersecurity issues with the United States at next month's China-US strategic and security dialogue. Mainland security experts said yesterday that Snowden's revelations about Washington's global cyberspying programme would speed up Beijing's drive to replace all foreign-made parts in its internet infrastructure with domestic products. For years, ...

    http://www.scmp.com/news/china/article/1261181/chinese-ministry-foreign-affairs-sets-cyberdiplomacy-office
  10. Business - Banking & Finance - MR. SHANGKONG

    Hong Kong need not fret too much, for now, about northern pretender

    Posted Aug 05th 2013, 12:00am by George Chen

    ... George Chen george.chen@scmp.com With delays to Shanghai's free-trade plans, not to mention high jinks by judges, city's legal and media strengths shore up its role ... which he was keen to turn into a financial capital for northern China. Just a few months later, Wen backed off. He cited regulatory issues as reasons why the Tianjin "through train" ...

    http://www.scmp.com/business/banking-finance/article/1294337/hong-kong-need-not-fret-too-much-now-about-northern

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