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  1. News - Hong Kong

    Chongqing showing Hong Kong it's back in business after Bo scandal

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

    ... Western mega city sending biggest trade delegation yet to HK in wake of scandal Chongqing mayor Huang Qifan will lead a large business delegation to Hong Kong early next week to attract new investment as the mainland city seeks to rebound from the scandal ...

  2. Business - Money - INVESTMENT

    Ping An deal has Beijing connection

    Posted Dec 06th 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com HSBC to sell its 15.6 per cent stake in life insurer to CP Group, run by a Thai-Chinese family with close ties to some of the nation's leaders Ping An deal has Beijing connection HSBC's exit from its long-time investment in Ping An Insurance - China's No 2 life insurer - may not be a surprise to the market, but the buyer is big ...

  3. Business - Banking & Finance - BANKING

    Asian banks win as rich seek safety

    Posted Nov 15th 2012, 12:00am by George Chen

    ... Assets under management at Bank of Singapore will have doubled in three years as the rich change their investment thinking, says chief When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not inves ...

  4. Business - Money - INVESTMENT

    Foreign M&A deals in China down 42pc

    Posted Aug 15th 2012, 12:00am by Lulu Chen

    ... Mergers and acquisitions plunged by a third in China in the first six months from last year as the economy slowed down, but such deals are expected to pick up in the second half. A study, by accounting firm PricewaterhouseCoopers, showed a 42 per cent plu ...

  5. Gome, Suning buying sites to hold locations

    Posted Oct 01st 2007, 12:00am by Andy Chen

    ... to president Chen Xiao. Each store cost 'between tens of million yuan and 100 million yuan', Mr Chen said. Gome, controlled by the mainland's richest man Wong Kwong-yu, will continue to buy store properties when opportunities arise, according to Mr Chen. Suning Appliance, Gome's closest rival, is raising at least 2.4 billion yuan through a share placement to fund ...

  6. Bulls unfazed by more through-train delays

    Posted Oct 17th 2007, 12:00am by Andy Chen

    ... Daniel Ren in Shanghai, Andy Cheng and Tim LeeMaster Any potential delay in Beijing's plan to allow mainland individuals to buy Hong Kong-traded shares directly would have a limited impact on the market because the scheme has been plagued with uncert ...

  7. Lai See

    Posted Oct 05th 2007, 12:00am by Andy Chen

    ... Andy Cheng Gold chicken shows art moves up business pecking order Is Hong Kong competitive but not creative as is claimed by some academics? A think-tank close to Chief Executive Donald Tsang Yam-kuen has called on the government to require developers to ...

  8. Lifestyle seeks to buy EganaGoldpfeil stake under HK$1.5b rescue proposal

    Posted Oct 03rd 2007, 12:00am by Andy Chen

    ... Andy Cheng Lifestyle International Holdings, the Hong Kong retailer controlled by Thomas Lau Luen-hung, has proposed a HK$1.5 billion financial package to rescue troubled Hong Kong-listed jewellery and watch manufacturer EganaGoldpfeil. Lifestyle has prov ...

  9. Bosideng to diversify through acquisitions

    Posted Sep 27th 2007, 12:00am by Andy Chen

    ... Andy Cheng Bosideng International Holdings, the mainland down-coat maker listing in Hong Kong, aims to diversify by buying brands in other clothing lines and sell them in its 6,800 mainland outlets, according to chairman Gao Dekang. Jiangsu-based Bosideng ...

  10. Hang Seng bets on well-heeled to double private bank earnings

    Posted Aug 20th 2007, 12:00am by Andy Chen

    ... Seeing limited growth in mortgages and credit cards, Hang Seng Bank plans to double the half-year pre-tax profit of its private banking business to more than HK$900 million by 2011 by focusing on wealth management and insurance. Hang Seng, a unit of HSBC, ...




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