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  1. Business - Companies - STOCK EXCHANGE

    HKEx chief executive Charles Li has his contract renewed for three years

    Posted Sep 13th 2012, 12:00am by Enoch Yiu

    ... Exchanges and Clearing has renewed the contract of its chief executive, Charles Li Xiaojia, for three years until October 2015. His base salary will rise to HK$8 million a year. This is a 6.38 per ... and retirement benefits. "This compensation package was determined having given consideration to the level of responsibility, experience and abilities required of the chief executive ...

  2. Seven first-day policy ideas for HK's new chief executive

    Posted Mar 15th 2012, 12:00am

    ... Tom Holland Acouple of weeks ago the South China Morning Post asked our leadership candidates what they would do on their first day in office as Hong Kong's new chief executive ... are a few suggestions for things they could do on that difficult first day in their new job. Cut the profits tax to 15 per cent The chief executive should appoint a new financial secretary ...

  3. Let's have a futures contract on the next chief executive

    Posted Feb 22nd 2012, 12:00am

    ... changed hands. If HKEx had really wanted to fire the investing public's imagination, it should have launched a futures contract on Hong Kong's next chief executive. Now that would have been a real attention grabber. In the past, of course, there would have been no point in a futures contract on the contest to become chief executive. The outcome has always been settled well ...

  4. Our next chief executive must fix HK's broken MPF scheme

    Posted Mar 23rd 2012, 12:00am

    ... Tom Holland Seven years ago, the South China Morning Post threw down a challenge to the incoming chief executive of Hong Kong's government. 'If Hong Kong's new leader really ... Kong's new chief executive will want to do on taking up the job is distance himself from his unpopular predecessor.' Now as then, there is plenty the new head of government could do to ring ...

  5. Hang Seng's chief executive retires

    Posted Feb 28th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com With Hang Seng Bank's chief executive retiring in May, it would have been expected her successor would have years of service at the bank. ... enterprises. Lee was appointed deputy chief executive of HSBC China business in 1994 and then in various senior corporate banking roles before she became an adviser in October 2009. Hang Seng chairman ...

  6. Monetary Authority chief executive urges banks to keep lending

    Posted Oct 28th 2008, 12:00am by Staff Reporter

    ... Maria Chan Monetary Authority chief executive Joseph Yam Chi-kwong urged local banks yesterday to support companies by continuing to lend rather than tightening credit across the board. ... is very important.' Stanley Wong Yuen-fai, an executive director at ICBC (Asia), said lenders were cautious because they had to manage their credit risk properly. He said his bank would lend, ...

  7. Chief executive hints at widening of tax bands

    Posted Oct 12th 2007, 12:00am by Staff Reporter

    ... Chun-wah would make the 'best decision'. But the chief executive said he could not give a pledge ruling out tax increases during his five-year term, despite his announcement of tax cuts ... in the tax rate should only be carried out cautiously if there was a real need. Otherwise, people would not be convinced. During the phone-in programme, the chief executive was challenged by a caller ...

  8. Taxing times for chief executive at top of rag trade

    Posted Feb 27th 2006, 12:00am by Sandy Li

    ... Sandy Li While Hongkongers have been people complaining about the lack of tax cuts in the budget last week, Heinz Krogner says our tax regime still sounds like heaven to him. As a German, he pays 55 per cent income tax and forked out Euro4 million ($36 mi ...

  9. Decision on sales levy put off until chief executive is elected

    Posted Mar 17th 2005, 12:00am by Staff Reporter

    ... Cheung Chi-fai The decision whether to adopt a goods and services tax (GST) will have to wait until a new chief executive is chosen in July, the financial secretary said. The controversial ... not be determined until the new chief executive was elected in July. 'This is the only responsible thing to do. This is a major consultation, and we need a collective decision. This is the reality ...

  10. HK chief of HSBC quits to join BlackRock

    Posted Sep 10th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Mark McCombe, HSBC Holdings' Hong Kong chief executive, has resigned to join asset management firm BlackRock as chairman of its Asia-Pacific region. ... to make the Hong Kong operation more efficient. McCombe, who was the London-based chief executive of HSBC's global asset management team for three years, will take the place of Rohit Bhagat, ...




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