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  • September 15, 2014
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  1. Focus on Qianhai for yuan business

    Posted Jul 17th 2012, 12:00am

    ... Financial were among 37 who signed. The Chinese offices of Japanese banks such as Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking Corporation and mainland lenders such as Industrial ... will provide business opportunities for banks and companies in Hong Kong.' Fung and other bankers became interested in Qianhai after the National Development and Reform Commission last month said ...

  2. Beijing eyes HK-mainland overseas business tie-ups

    Posted Nov 16th 2011, 12:00am

    ... of large mainland investment firms and the participation of Hong Kong firms in them. 'The 12th five-year plan will accelerate the international expansion of Chinese firms. The Commerce Ministry will encourage mergers and acquisitions between Chinese and foreign firms,' Chen said. However, China's overseas investments remain small, accounting for only 5.2 per cent ...

  3. Business blooming in China risk detection

    Posted Aug 08th 2011, 12:00am

    ... hotel, where he stays during monthly marketing trips to the city. Chinese agricultural firms are keeping him so busy because investors 'cannot easily check what agricultural companies tell ... aborted its planned investment into a Chinese pig farmer late last year after he and 10 staffers spent three weeks investigating the business. The pig farmer had told its potential investor ...

  4. Chinese Estates' core earnings slump 89pc

    Posted Mar 17th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Chinese Estates reported an 88.7 per cent dive in core earnings last year due to a HK$1.24 billion loss from selling investment securities. The drop came despite ... when such disposal is beneficial to the group and shareholders as a whole,' Lau said. Chinese Estates owns a portfolio of retail and office properties in prime locations. They include ...

  5. Chinese lenders in capital rush

    Posted Oct 20th 2011, 12:00am

    ... Lulu Chen Lulu.Chen@scmp.com Driven by souring loans and regulatory demands to boost their capital bases, banks- including Chinese lenders- are poised to tap international capital markets ... appears to be in relatively good shape and few people predict a banking crisis, mainland lenders- several listed on international stock markets- are also raising capital. Chinese banks- relative ...

  6. CapitaMalls in Suzhou tie-up with Chinese firm

    Posted Oct 01st 2011, 12:00am

    ... to raise funds because of its strong cash position, but it would raise its profile in Hong Kong, where it does not develop or own any shopping centre businesses. CapitaMalls Asia shares closed up ...

  7. Huaxia Bank earnings jump 16pc on bigger loan business

    Posted Aug 17th 2006, 12:00am by Staff Reporter

    ... Stock Exchange yesterday. Revenue rose 28 per cent to 8.2 billion yuan from 6.4 billion yuan. The unaudited figures are based on Chinese accounting standards and the bank is scheduled to report ... extended 2.18 trillion yuan of new loans in the first six months, almost 90 per cent of the central bank's full-year target of 2.5 trillion yuan. 'Chinese joint-stock banks no doubt ...

  8. Business Digest

    Posted Dec 22nd 2006, 12:00am by Staff Reporter

    ... branch offices and factories are located. Financial terms were not disclosed.Bien Perez shoe exporters file suit over eu dumping duties Chinese shoe manufacturers began legal action against ... properly before the anti-dumping tariffs were introduced. In all, 1,200 Chinese companies are affected by the tariffs, with most of the rest opting out due to the high cost of litigation, according ...

  9. BEA chairman named Business Person of Year

    Posted Dec 15th 2006, 12:00am by Eric Ng

    ... Eric Ng David Li says lessons learnt from 1950s school fund raiser still hold true today Bank of East Asia chairman David Li Kwok-po, winner of the Business Person of the Year award in this year's DHL/SCMP Hong Kong Business Awards, excelled in making money even as a high school senior. The 67-year-old Cambridge graduate, whose grandfather founded the bank, let reporters in on his ...

  10. Business Digest

    Posted Sep 16th 2005, 12:00am by Staff Reporter

    ... by the Chinese government, 'which is expected to become a strong profit driver of the company'. No interim dividend will be paid this year. Toh Han Shih wheelock nears selecting owner for prime ... yesterday. Foster Wong box volumes flat at hK as shenzhen steals business The volume of containerised trade moving through Hong Kong last month stagnated as terminals in Shenzhen captured a greater ...




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