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  1. Bank of Beijing turns cautious on HK listing

    Posted Apr 12th 2008, 12:00am by Staff Reporter

    ... by the United States subprime crisis and the mainland's tightening monetary policy. Bank of Beijing, of which Dutch financial group ING holds 16.07 per cent, refused to give a timetable ... said ING was interested in restoring its stake to 19.9 per cent. The lender's listing diluted ING's stake to 16.07 per cent. Bank of Beijing now has 131 branches in the capital, where ...

  2. Analysts favour switch to banks

    Posted Oct 10th 2003, 12:00am by Staff Reporter

    ... holdings in overvalued counters such as property developers and switching into cheaper assets such as banks, analysts say. The Hang Seng Index has soared about 40 per cent since hitting its trough ... said blue chips were now overbought. He has been selling holdings to lock in profits, though he declined to say which companies. Kingston Lee, head of Hong Kong and China research at ING ...

  3. Lai See

    Posted Apr 25th 2007, 12:00am by Ben Kwok

    ... Ben Kwok Dutch fly orange flag as Barclays acquires bank Let bygones be bygones. The Dutch in town had something to lament this week as the country's largest bank, ABN Amro, looked ... are not letting the loss of the bank's identity- its roots go back 183 years- spoil their celebrations of Holland-Hong Kong week, marking the 150-year presence of the Dutch community in Hong Kong. ...

  4. Appointments

    Posted Jun 23rd 2007, 12:00am by Staff Reporter

    ... Asia- non-traditional asset classes, having worked with UBS in Switzerland, Hong Kong and Singapore. Wim Hekstra General manager, strategic partnerships & business development ING Life ... (International). Mr Lee has over 30 years' of extensive international banking experience. Before joining the group, Mr Lee worked at Citic International Financial Holdings. Gao Yingxin Executive ...

  5. Why a city is hooked on word-of-mouth trading

    Posted Apr 20th 2008, 12:00am by Nick Westra

    ... the second-biggest fall in Asia (excluding Japan, Australia and New Zealand) in the first quarter this year, ING's quarterly Investor Dashboard survey reported last week. On a scale of 0 to 200, ... at ING Investment Management. 'They're both cities, so of course they are highly exposed to everything going on around them. They are very sensitive to what's happening ...

  6. City banks find plenty of takers for yuan accounts

    Posted Aug 06th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Tourists, businessmen and overseas Chinese nationals were among the first non-residents to open yuan deposit accounts with Hong Kong banks this week. Starting from Wednesday, in the latest move to support the city's bid to become an offshore centre for the yuan, the Hong Kong Monetary Authority (HKMA) said local banks could open yuan accounts ...

  7. Citic Bank sees rise in yuan deposits

    Posted Apr 16th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Citic Bank International, the offshore commercial banking arm of China Citic Bank, said yuan deposits increased in the first two months of the year, while many ... centre and growth in yuan trade settlements with the mainland, said Helen Kan, an executive general manager of CBI's retail banking group. Yuan deposits in Hong Kong fell nearly 10 per cent ...

  8. Wen's talk spurs small players to dump bank stocks

    Posted Apr 06th 2012, 12:00am

    ... George Chen george.chen@scmp.com Stocks of most big banks dropped in Hong Kong and Shanghai yesterday, the first day of trading since Premier Wen Jiabao's call to break the banks' monopoly. But while nervous retail investors read Wen's statement as a cue to sell, fund managers seemed unmoved. Banking analysts said Wen's comments, without any details on how ...

  9. career tracker

    Posted Oct 08th 2011, 12:00am

    ... Hin-Pranburi Dutch-born Kuipers brings more than 12 years' hospitality experience to the role. He most recently held the position of managing director at the Banyan Village, Resort & Golf Hua ... including banks, brokers and independent financial advisers. In his new role, he is responsible for spearheading plans that aim to further increase Manulife's distribution capacity ...

  10. Beijing to foster HK-Shenzhen ties

    Posted Jun 29th 2012, 12:00am

    ... to join in the celebrations. Beijing issued 23 billion yuan of sovereign bonds in Hong Kong yesterday. For the first time, Beijing dedicated 2 billion yuan of the bonds to overseas central banks and monetary authorities. Linan Liu, a rates strategist with Deutsche Bank, said Beijing's move to use the Hong Kong Monetary Authority as a channel for offering bonds to central banks would help ...




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