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  • October 2, 2014
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  1. Debt woes, rising costs hurt delta producers

    Posted Aug 06th 2007, 12:00am by Denise Tsang

    ... Denise Tsang in Dongguan and Guangzhou The Pearl River Delta, the mainland economy's growth engine, could be headed for grim times, with a resurgence of crippling debt ... of Guangzhou, some proprietors of distressed textile factories have disappeared with debts unsettled and workers unpaid. 'The owners of two factories vanished yesterday,' said a denim ...

  2. HK man's debt case transferred

    Posted Sep 17th 2003, 12:00am by Ella Lee, Stella Lee

    ... The case of a Hong Kong businessman held in Guangdong for nearly two years without charge over alleged unpaid debts has been transferred to authorities in Shenzhen for further examination. ... is accused by the Guangdong authorities of committing fraud. His family insists that he is innocent as the debt case has been settled in the Hong Kong courts. Ms Chan said she was worried her ...

  3. Obstetric fee 'will drive couples into debt'

    Posted Feb 12th 2007, 12:00am by Staff Reporter

    ... Joshua But Concern group complains new policy discriminates against local men with mainland wives Many local husbands of mainland women would be forced into heavy debt to pay for the increased obstetric fees charged to mainlanders, a concern group said yesterday. It also said it was unfair for the government to continue allowing mainland wives of Hong Kong civil servants ...

  4. Businessman sued over $174m debt

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

    ... Ernest Kong Businessman Tsui Tsin-tong is being sued for $174.55 million of debt from two loans by the liquidator of a company he once owned. New China Hong Kong Finance, which went into voluntary liquidation in 1999, has filed a writ claiming loss and damages of $165.67 million, including principal debt of $52.86 million and accrued interest of $111.15 million. The loan was made ...

  5. Move will help HK stay ahead of competition

    Posted Apr 19th 2009, 12:00am by Paggie Leung

    ... Paggie Leung and Fanny W. Y. Fung The central government's move to allow yuan-denominated bonds to be issued will not only benefit Hong Kong enterprises and banks, but will allow the city to maintain its competitiveness as Shanghai is developed into ...

  6. Why some in HK don't like equal treatment

    Posted Mar 01st 2009, 12:00am by Hazel Parry, Simon Parry

    ... Simon Parry and Hazel Parry On a February afternoon, mainland visitor Li Xiabo sits down to pork and rice at a bustling outdoor cafe in Ocean Park. At the next table is a Hong Kong customer. His food is the same. The portion size is the same. In fact, the ...

  7. Events

    Posted Jun 22nd 2012, 12:00am

    ... Today: British Chamber of Commerce breakfast: 'Securitisations, CDOs, derivatives and the global financial crisis'. Hong Kong Club. Monday, June 25: Hong Kong Retirement Schemes Association breakfast: 'The impact of FATCA on retirement sche ...

  8. Corrections & clarifications

    Posted Aug 04th 2006, 12:00am by Staff Reporter

    ... The story 'Zhuhai airport deal targets budget travel' on Page 1 yesterday wrongly stated that Zhuhai airport had built up a debt of 4 billion yuan since its opening in 1995. The 4 billion yuan was the cost of the airport. The mistake was introduced in the editing process. ...

  9. In Brief

    Posted Feb 07th 2005, 12:00am by Staff Reporter

    ... Guangzhou court jails HK man for fraud A Hong Kong man was sentenced to indefinite imprisonment in Guangzhou Intermediate Court for a 77 million yuan fraud related to a state-backed company, Xinhua reported. The court heard that Mak Kin, director of tradi ...

  10. Europe told to solve crisis itself

    Posted Nov 12th 2011, 12:00am

    ... Jane Cai, Ed Zhang and Celine Sun in Beijing The euro-zone debt crisis should be solved by Europeans, and the best help China can offer is to develop its own economy in a balanced way, Liu ... contribute to the global economy is to do our work at home better, deepening reforms, reducing pollution and maintaining balanced economic growth,' he said. Debt-stricken European countries have ...




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