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  • September 23, 2014
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  1. Principles familiar to investors worldwide put country on a level playing field

    Posted Apr 25th 2008, 12:00am by Chris Davis

    ... the internationally recognised accountancy standard, it will be easier for mainland companies to achieve cross-border listing objectives,' said Mr Ding. He said mainland companies that produced financial ... system in 2005. The mainland has joined nearly 100 countries that use accounting systems closely aligned with IFRS principles-based accounting systems. Mr Chen said the benefits of the new ...

    http://www.scmp.com/article/635075/principles-familiar-investors-worldwide-put-country-level-playing-field
  2. HK, Russian bourse co-operation to ease cross-border trade

    Posted Jul 04th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Stock market operators in Hong Kong and Moscow signed a co-operation agreement yesterday, paving the way for companies in the mainland and Russia to seek cross-border listings. The agreement between Hong Kong Exchanges and Clearing and Moscow Interbank Currency Exchange (Micex) allows the two bourses to exchange information. Alexander Potemkin, president of Micex, which runs ...

    http://www.scmp.com/article/599265/hk-russian-bourse-co-operation-ease-cross-border-trade
  3. Nowhere to run, nowhere to hide

    Posted May 15th 2008, 12:00am by Jason Krupp

    ... authorities launched an investigation into some of the country's richest citizens who were suspected of using anonymous trust structures in Liechtenstein to hide their wealth from marginal income ... which enabled member countries to automatically share information on offshore bank accounts. Similarly the British tax authority, HM Revenue & Customs, recently forced several major banks ...

    http://www.scmp.com/article/637553/nowhere-run-nowhere-hide
  4. One country, one set of accounts mooted

    Posted Aug 29th 2009, 12:00am by Enoch Yiu

    ... to regulate the cross-border listing companies' directors and officers who prepare the accounting statement,' he said. If the stock exchange wanted to encourage more cross-border listing ...

    http://www.scmp.com/article/690956/one-country-one-set-accounts-mooted
  5. Red Cross health project 'a scam to sell insurance'

    Posted Aug 08th 2011, 12:00am

    ... Priscilla Jiao priscilla.jiao@scmp.com The main mission of a charity project run by the scandal-plagued Red Cross Society of China was to sell insurance, state media reported. Most volunteers at Red Cross community service stations- called 'Bo Ai', or 'Big Love'- in Beijing were salesmen from China Life, the leading insurance company, according to News ...

    http://www.scmp.com/article/975688/red-cross-health-project-scam-sell-insurance
  6. Country comes to life

    Posted Oct 30th 2009, 12:00am by Richard Warren

    ... Richard Warren Country house prices rose for the first time in two years in the third quarter of this year, analysts say. According to Knight Frank, prices increased 1 per cent nationally for country homes valued at GBP500,000 (HK$5.5 million) or more between July and September. Buying activity is strongest in the Home Counties as London's mini-boom ripples out ...

    http://www.scmp.com/article/696773/country-comes-life
  7. One country, and now three systems

    Posted Jul 28th 2006, 12:00am by Staff Reporter

    ... are disappointed. It makes us feel we are living on the mainland or in Singapore. Our 'one country, and now three systems' (Mr Tsang is obviously assimilating the lessons he said we could learn ... to claim a large portion of their turnover as an ill-defined 'entertainment' allowance. Everything goes on this 'entertainment' account- the cost of running a home or two, a car ...

    http://www.scmp.com/article/558277/one-country-and-now-three-systems
  8. French and US insurers in running for HSBC sale

    Posted Feb 10th 2012, 12:00am

    ... and operates in more than 50 countries, has been aggressively expanding through acquisitions. In October 2010, it entered the Hong Kong life insurance market by paying US$425 million for New York ...

    http://www.scmp.com/article/992262/french-and-us-insurers-running-hsbc-sale
  9. HK and Shanghai closer to ETF cross-trading

    Posted Aug 14th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai The Hong Kong and Shanghai stock exchanges have finalised plans for a cross-trading mechanism involving exchange-traded funds that will give investors in the city ... the finalised rules.' Mr Chan said no timeframe had been set, but added that the Hong Kong exchange was ready to launch the cross-trading platform. Under the new scheme, mainland investors can buy ...

    http://www.scmp.com/article/689739/hk-and-shanghai-closer-etf-cross-trading
  10. Cross-border phone fraud gang members arrested in Shenzhen

    Posted Sep 08th 2009, 12:00am by Fiona Tam

    ... Fiona Tam At least 18 members of what Shenzhen police called a cross-border criminal gang have been arrested over a mainland phone fraud scheme that netted more than 25 million yuan (HK$28 ... reported yesterday, though police did not specify where they were from. The term 'cross-border', as used by Guangdong police, usually refers to Hong Kong and Macau as well as other ...

    http://www.scmp.com/article/691855/cross-border-phone-fraud-gang-members-arrested-shenzhen

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