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  1. Dah Sing's HK$2.2b rights issues fuel talk of further expansion

    Posted Nov 19th 2010, 12:00am by Lulu Chen

    ... Lulu Chen A proposal by Dah Sing Financial and separately listed Dah Sing Banking to raise a combined HK$2.2 billion in two rights issues has puzzled analysts, who say the bank's capital adequacy ratio is well above industry levels. 'They're either being too conservative or they see potential to expand,' said Joseph Leung of JP Morgan Chase. Dah Sing Bank ...

  2. Dah Sing boss justifies minibond sales

    Posted Nov 03rd 2010, 12:00am by Dennis Eng

    ... Dennis Eng Staff at Dah Sing Bank were still selling Lehman Brothers minibonds in the weeks leading up to the Wall Street giant's collapse in September 2008. Testifying before a Legislative Council subcommittee investigating the minibond debacle, the bank's managing director and chief executive, Derek Wong Hon-hing, said the decision was made because the minibonds had ...

  3. Exceptionals key to Dah Sing profits jump

    Posted Mar 25th 2010, 12:00am by Staff Reporter

    ... Isabella Steger Dah Sing Banking Group yesterday said net profit surged last year, but much of the increase came from exceptional items, while operating profit plunged due to the expense ... own subordinated debt and a revaluation gain of HK$75 million on its property assets. The strong performance by Bank of Chongqing, in which Dah Sing has a 20 per cent stake, contributed HK$196 ...

  4. In Brief

    Posted Nov 20th 2010, 12:00am by Staff Reporter

    ... Fake bank website The Hong Kong Monetary Authority is warning about a fraudulent website with the address www.daxiniso.com, which looks similar to the official website of Dah Sing Bank. The bank reported the case to police. Customers with inquiries can call the bank on 2507 8000 or police on 2860 5012. ...

  5. In Brief

    Posted Jul 23rd 2010, 12:00am by Staff Reporter

    ... a warning over two fraudulent websites- www.dah-sing.net and dah-sing.net- that look similar to Dah Sing Bank's official site. Anyone who has provided personal information or carried out any ...

  6. Former bank worker jailed for 4 months over forgery

    Posted Jun 22nd 2010, 12:00am by Staff Reporter

    ... Maggie Ng A former financial services manager at Dah Sing Bank was jailed for four months yesterday for forging a customer's signature in sales documents for Lehman Brothers ... Chu's stable employment record and six years with Dah Sing Bank. Mierczak agreed that the case was peculiar because the customer had agreed to the purchase and understood the risks involved. ...

  7. Companies reporting this week

    Posted Aug 09th 2010, 12:00am by Staff Reporter

    ... Today Interim: Dah Sing Banking Group, Lifestyle International, Sino-Life Group, Sinotrans Shipping Final: QPL International Holdings Tomorrow Interim: AcrossAsia, Alibaba.com, China Minsheng Banking, China Shipping Development, China South Locomotive & Rolling Stock Corp, China Zhongwang Holdings, Fubon Bank (Hong Kong), Huaneng Power International, Hysan Development, ...

  8. Competition leads to better skills

    Posted Jun 18th 2010, 12:00am by Wilson Lau

    ... Wilson Lau Many of the skills mastered by Dah Sing Bank's award-winning executives in the competition are essential in sales situations. This helps them generate business ... and the product features,' she says. Dah Sing Bank regards its employees as its prime assets and has invested intensively to train them to be professional. 'In addition to an induction course ...

  9. BOCHK staff charged over Lehman product sales

    Posted Apr 12th 2010, 12:00am by Amanda Lee

    ... relating to the sale of the structured products issued by Lehman Brothers. In January, a former Dah Sing Bank employee was accused of forging a customer's signature to buy minibonds from ... Fung-yee on four applications to buy minibonds from Dah Sing Bank on April 30, 2008. The case was adjourned to April 19 and Chu was released on bail. More than 5,400 complaints of alleged ...

  10. Net profit rises 26pc on economic rebound

    Posted Mar 15th 2010, 12:00am by Ana Wang

    ... Ana Wang Listed conglomerate Dah Chong Hong (DCH) Holdings expects a further boost to its business this year as it sees an improvement in the economies of Hong Kong and the mainland. The company announced that its net profit grew 26.1 per cent to HK$710 million for last year, compared with HK$563 million in 2008, while its mainland business turnover grew 43 per cent. The company ...




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