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  • September 20, 2014
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  1. Business - Comment - LAI SEE

    SFC's civil action against Citic is a good first step

    Posted Sep 13th 2014, 04:47am by Howard Winn

    ... or misleading information on Citic's financial position following the whopping losses the company incurred in respect of the leveraged foreign exchange contracts it took out in 2008. The SFC case ...   The question of women The first production of the Greek tragedy Medea by Euripides is believed to have occurred in 431BC. One of its central themes is the disadvantage of being a woman and the horrific ...

    http://www.scmp.com/business/article/1591283/sfcs-civil-action-against-citic-good-first-step
  2. Business - Comment - LAI SEE

    The rapid pace of technology is hollowing out the middle class

    Posted Sep 19th 2014, 05:34am by Howard Winn

    ... economy is underestimated. Since the end of the second world war, the health of the US economy could be gauged by considering real GDP, labour productivity, private employment and median household ... to tighten. Meanwhile, productivity and real GDP maintained a higher trajectory. This they attribute to increased spending by employers on computers and technology rather than workers. Corporate ...

    http://www.scmp.com/business/article/1595538/rapid-pace-technology-hollowing-out-middle-class
  3. Business - Comment - LAI SEE

    Annells' companies sued by law firm

    Posted Aug 06th 2014, 03:12am by Howard Winn

    ... Howard Winn Annells' companies sued by law firm Stephenson Harwood, a firm of solicitors which had acted for AzureTax and AzureTrustees, is suing the two companies in the High Court for HK$1.4 million for fees and legal services. It is also seeking interest on this sum from the date of the writ and costs. The companies were founded by tax consultant Deborah Annells and she ...

    http://www.scmp.com/business/article/1567229/annells-companies-sued-law-firm
  4. Business - Comment - LAI SEE

    Is it so hard to turn Hong Kong's landfills into biofuels?

    Posted Sep 11th 2014, 06:02am by Howard Winn

    ... Airways has invested in the company in return for a long-term jet-fuel supply agreement. You would have thought it would have made sense for Cathay to strike that kind of deal in Hong Kong. ... of its gross domestic product. Hong Kong has its problems, as we all know only too well, but it thrives despite the government and its disabilities. People still value its rule of law, ...

    http://www.scmp.com/business/article/1589623/it-so-hard-turn-hong-kongs-landfills-biofuels
  5. Business - Companies - LAI SEE

    Sincere shares soar following chairman's death

    Posted Sep 18th 2014, 04:45am by Howard Winn

    ... This was presumably a response to Sincere's announcement on Tuesday of the death on Sunday of chairman Walter Ma King-wah, aged 84. The company's statement said his cousin, Philip Ma King-huen, ... recommend their company to a female friend. About 23 per cent in Hong Kong said they would not, compared with only 13 per cent in Singapore and 18 per cent in Britain. The Hong Kong response, ...

    http://www.scmp.com/business/companies/article/1594893/sincere-shares-soar-following-chairmans-death
  6. Business - Comment - LAI SEE

    Structural change in United States will impact on China

    Posted Sep 17th 2014, 05:39am by Howard Winn

    ... The US current account deficit is now around 2 per cent of gross domestic product compared with 5 per cent of GDP in 2007. The reasons for this, says Napier, is firstly the US shale gas ...

    http://www.scmp.com/business/article/1594169/structural-change-united-states-will-impact-china
  7. Business - Comment - LAI SEE

    CLSA's Chris Woods assesses death and markets

    Posted Sep 16th 2014, 03:23am by Howard Winn

    ... management products on the mainland. This is because they both have large offshore renminbi markets. Another factor which suggested the existence of a carry trade was that trade finance loans in Hong ...

    http://www.scmp.com/business/article/1593374/clsas-chris-woods-assesses-death-and-markets
  8. Business - Comment - LAI SEE

    Police reluctant to enforce the law on Justice Drive

    Posted Sep 06th 2014, 05:37am by Howard Winn

    ... about whether Singapore might benefit at the expense of Hong Kong now that Beijing appears to be tightening its grip over the city. Multinational companies, it argues, that have a China plus one ... Sheila Hartley, company secretary of the Scottish Ladies Golfing Association, said she was comfortable with single-sex clubs. "It appears to be only an issue to the public when it's ...

    http://www.scmp.com/business/article/1586231/police-reluctant-enforce-law-justice-drive
  9. Business - Comment - LAI SEE

    Suspense at Wison Engineering is killing shareholders

    Posted Sep 04th 2014, 01:00am by Howard Winn

    ... Howard Winn Wison Engineering Services, a Hong Kong listed EPC (engineering, procurement construction) company, has the unfortunate distinction of having been suspended for 12 of the 20 ... investigation into PetroChina. In March it was announced that he had been arrested. Meanwhile, the company has been struggling with liquidity after Agricultural Bank of China called in its 186 million ...

    http://www.scmp.com/business/article/1584630/suspense-wison-engineering-killing-shareholders
  10. Business - Comment - LAI SEE

    Anton Oilfield adjusting to new situation at PetroChina

    Posted Sep 03rd 2014, 01:23am by Howard Winn

    ... to have been hurt more than other oilfield service companies by the slowdown in exploration by PetroChina. The number of drill holes fell for the first time in 10 years following the arrest of two ... said. "It invited certain companies to submit bids, or decided which companies to give contracts to at internal meetings, which left a lot of room for shady deals." As CLSA observes ...

    http://www.scmp.com/business/article/1583992/anton-oilfield-adjusting-new-situation-petrochina

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