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  1. Bank of Beijing takes first step in bid to go national

    Posted Aug 10th 2006, 12:00am by Jamil Anderlini

    ... of Beijing. The bank, which is 19.9 per cent owned by Dutch financial services company ING Group and 5 per cent by the International Finance Corp, the private sector unit of the World Bank, plans ... Jamil Anderlini in Beijing Bank of Beijing said yesterday it would open a branch in the nearby city of Tianjin by the end of the year, making it only the second of the country's 113 ...

  2. Mainland magnet draws foreign investors

    Posted Mar 07th 2007, 12:00am by Peggy Sito

    ... reports tell of billions of dollars poured into the mainland property market by global investors that include big players such as Morgan Stanley, Citigroup, ING and Deustche Bank's RREEF. ... Hong Kong-based director and head of real estate investment banking at Citigroup. 'Short-term volatility in the market would not deter investor sentiment because they have typically a five ...

  3. Raising a glass to Capital plan

    Posted Apr 21st 2006, 12:00am by Jamil Anderlini, Liu Xiao, Priscilla Jiao

    ... with partners such as French water giant Veolia, Hong Kong's MTR Corp and Dutch financial services firm ING. At its modest beginnings in 1995, when the government threw more than 100 ... been less affected than other companies by a shortage of land sales because it already has a very well stocked land bank. Mr Liu said a relatively stable property market in Beijing, where ...

  4. Business - Banking & Finance - MR. SHANGKONG

    Will the dealmakers go to Shanghai's financial centre?

    Posted Oct 07th 2013, 12:00am by George Chen

    ... in the financial industry, especially in the investment banking and private equity sectors, you may agree with me that there is not much need to travel to Shanghai from Hong Kong, London, or New York, ... together for internal weekly meetings. Then on Tuesday they fly out again. I met a senior banker from a major American bank for lunch last week and he talked about the people phenomenon I noted ...

  5. Bank rates cut for first time in four years

    Posted Jun 08th 2012, 12:00am

    ... for the world's second-biggest economy. Also, in an unprecedented move, Beijing decided to allow banks more flexibility to set their rates, in what economists say is a key step towards sweeping financial reform. The People's Bank of China cut rates by 25 basis points for 12-month lending and deposit interest rates starting from today to counter a deepening economic slowdown as the euro-zone ...

  6. Mainland economy defies curbs with 11.3pc growth

    Posted Jul 19th 2006, 12:00am by Cary Huang

    ... The authorities raised interest rates in April and ordered banks to set aside more money as reserves and tighten lending to specific sectors such as property. The central bank also issued more bonds to banks to reduce liquidity. 'We need time to see their impact. The figures for June show the measures have already started to take effect,' Mr Zheng said. The central bank on Friday ...

  7. Beijing trader tells of broken trust with DBS

    Posted May 15th 2012, 12:00am

    ... thought she would have to be on guard with her bank. Hao Ting, a Beijing businesswoman who deals in energy and petrol, was testifying at the Court of First Instance yesterday. DBS Bank (Hong Kong) ... the importance of business contracts,' Hao said as Jat Sew-tong SC, for the bank, questioned her about a document she had signed to open an account with DBS. 'When we sign our [business] ...

  8. News - China - BALLOON DISASTER

    Beijing urged to tighten controls over hot-air balloons after tragedy in Egypt

    Posted Mar 02nd 2013, 12:00am by STEPHEN CHEN

    ... in Yangshuo, Guangxi, killing four Dutch tourists and injuring three. A gas leak was blamed. Afterwards, government agencies- including the Civil Aviation Administration, local public security bureau, ...

  9. Business - Banking & Finance - MR. SHANGKONG

    Don't just blame pollution for the flood of fleeing expats

    Posted May 13th 2013, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Money and career prospects are more likely motives for overseas employees deciding to leave the mainland than poor air quality Don't just blame pollution for the flood of fleeing expats I think I have read more than e ...

  10. Beijing to make growth main target, banks say

    Posted Mar 01st 2012, 12:00am

    ... consumer price inflation at 4 per cent. Banks expect a higher growth rate, and the lower forecast means that the government would step up economic reforms that could boost domestic consumption, ... be hot topics at the NPC meeting, Peng said. Qu Hongbin, co-head of Asian economics research at HSBC, said the central bank would have to speed up quantitative easing by cutting reserve ...




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