• Thursday
  • April 17, 2014
  • Last updated: 5:13am
Hong Kong




Search Results

Results 1 - 10 of 1094 for debt

Related topics matching your search

Search results

  1. China National to cut debt after $1.7b share sale

    Posted Mar 13th 2006, 12:00am by Staff Reporter

    ... Fiona Lau Listing candidate China National Building Material will lower its high-level of debt after its initial public offering, company president Cao Jianglin vowed yesterday. At the end of September last year, the company's net debt-to-equity ratio stood at 101 per cent, with liabilities of 1.85 billion yuan. Mr Cao said the debt ratio was due to rapid business expansion over ...

  2. Shady debt collectors recruiting schoolboys

    Posted Jan 21st 2006, 12:00am by Clifford Lo

    ... Clifford Lo Youths in uniforms paid $200 to paint threats on debtors' doors, say police Schoolboys are being recruited as debt collection agents to daub threatening slogans in red ... or lift lobbies,' he said. 'Debt and repayment' and 'bear your own consequences' are common slogans daubed outside the units of debtors. Using a familiar tactic of illicit ...

  3. Push for action on debt collection

    Posted Jan 25th 2006, 12:00am by Staff Reporter

    ... Benjamin Wong Legislators called yesterday for tougher laws against illegal debt collecting and better regulations on the operations of money lenders after the police said legal changes ... 411 were debt-related. The police recorded 1,145 cases in 2004. 'At the moment, there are no laws governing debt-collection activities and we rely on other crime ordinance and laws ...

  4. Police accused of aiding debt agency

    Posted Jan 14th 2006, 12:00am by Staff Reporter

    ... Benjamin Wong Three police constables were among 21 people arrested over the activities of a debt-collecting agency accused of bribing phone company staff for information. The Independent Commission Against Corruption said the officers were accused of accepting money to work for a private detective who also ran a debt-collecting agency. Some of the 17 men and four women arrested, aged ...

  5. Asian growth drives high-yield debt issuance

    Posted Mar 07th 2006, 12:00am by Staff Reporter

    ... Cameron Dueck The flood of investment dollars entering Asia is fuelling a boom in high-yield debt issuance with defaults kept below the global average, thanks to the region's strong ... in 2004. The share of new debt that rated high yield was 47 per cent last year, up from 28 per cent in 2002. 'We can probably expect to see US$6 billion to US$8 billion of bond issues in Asia ...

  6. Model's boyfriend tells coroner of loanshark debts

    Posted Mar 02nd 2006, 12:00am by Staff Reporter

    ... and she was twice detained by the loansharks over gambling debts. On one occasion, he returned to Hong Kong alone and raised about $18,000 to buy her freedom. On another occasion he had paid about $8,000 of her debts. He said Pang had once lost $20,000 at the Lisboa Casino. Mr Sit told the court earlier that he began an intimate relationship with Pang in 1993. They separated in 1995 after ...

  7. Huaneng taps debt market for 20b yuan

    Posted Jan 06th 2006, 12:00am by Eric Ng

    ... Eric Ng Huaneng Power International plans to issue 20 billion yuan in asset-backed debt financing and short-term debentures, giving a major boost to the development of the two nascent ... it would seek shareholder approval to issue up to 15 billion yuan of asset-backed debt financing products and up to five billion yuan of short-term debentures. An extraordinary general meeting ...

  8. Mainland lenders to seek subordinated debt abroad

    Posted Apr 24th 2006, 12:00am by Staff Reporter

    ... banking Maria Chan Mainland lenders are likely to head for offshore capital markets in growing numbers to raise subordinated debt to meet regulatory capital requirements and to fund ... from such a trend, if regulatory approvals were granted, Mr Lau said. Subordinated debt qualifies as Tier 2 regulatory capital for banks and is debt that is either unsecured or has a lower ...

  9. Hospitals may call in debt collectors

    Posted Dec 08th 2006, 12:00am by Mary Ann, Mary Ann Benitez

    ... Mary Ann Benitez Tough action planned to pursue unpaid medical bills The Hospital Authority is considering hiring a reputable international debt-collection agency to pursue patients who ... a Public Accounts Committee hearing yesterday that the authority needed to take stronger action to recover bad debts. He said it would contract out the debt-collection service and invite tenders ...

  10. Credit card debt write-offs rise

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

    ... Maria Chan Rising bankruptcy petitions helped to drive up Hong Kong's annualised charge-off ratio for credit cards for the second consecutive quarter in the three months to June, the Hong Kong Monetary Authority said. The annualised charge-off ratio or the amount of credit card debt written off as proportion of total card debt rose to 3.28 per cent in the second quarter ...




SCMP.com Account