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  • October 2, 2014
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  1. Tycoon warns of squeezed profits

    Posted Jul 20th 2012, 12:00am

    ... Speaking after a luncheon meeting of the Pei Hua Education Foundation, a non-profit making organisation involved in training on the mainland, Lee said home prices in Hong Kong were unlikely ... announced that it had appointed the two sons of the billionaire co-chairmen as alternate directors, in what was seen as a contingency plan for a worst-case scenario. The Independent Commission ...

  2. Battle over China Gas takes new turn

    Posted Aug 03rd 2012, 12:00am

    ... requirements have been met,' China Gas said at the time. According to a person familiar with the situation, Hong Kong's securities watchdog, the Securities and Futures Commission, as well ... This is despite the unrelated training of the 49-year-old mathematics graduate from the Hebei University of Education. He was also reported by some Hong Kong Chinese-language newspapers ...

  3. Arrests hang over lucrative land hoard

    Posted May 01st 2012, 12:00am

    ... then SHKP's land acquisitions, new project commencement and mainland growth faced the most risk. The Independent Commission Against Corruption (ICAC) arrested the three men in March in connection ...

  4. Ex-insurance chief jailed six years for 200m yuan theft

    Posted Mar 03rd 2012, 12:00am

    ... Life, which was established by Guan Guoliang in 1996. In September 2006, the China Insurance Regulatory Commission sent an investigation team to New China Life and found the problem. It fired ...

  5. Swire Pacific pays 174m yuan for cold stores

    Posted Aug 07th 2012, 12:00am

    ... to spend US$400 million by 2015 developing a network of cold chain distribution centres. The National Development and Reform Commission has also targeted cold chain logistics in the current ... 13 per cent of meat spoils before the food reaches the shops. Michael McCool, partner and general manager of consultancy AT Kearney (Hong Kong), said the commission wanted to cut the wastage ...

  6. SFC probing Real Gold Mining

    Posted Aug 24th 2011, 12:00am

    ... Naomi Rovnick naomi.rovnick@scmp.com The Securities and Futures Commission (SFC) is investigating Real Gold Mining, the Inner Mongolia-based company that admitted to a series of corporate governance breaches in recent months. The regulator has been probing the company since at least July 5, it was revealed in court papers filed by Real Gold yesterday. News of the SFC investigation ...

  7. HK Resources pair under investigation by the ICAC

    Posted Jul 15th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The chairman and a director of Hong Kong Resources Holdings are under investigation by the Independent Commission Against Corruption for 'alleged irregular activities' when they took over the company in 2008. The jewellery retailer's chairman, Kennedy Wong Ying-ho (pictured), and executive director Chui Chuen-shun have been asked ...

  8. Agents cash in at the double

    Posted Nov 16th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Developers have started digging deeper into their own pockets to double the commissions they pay to sales agents to encourage them to close more deals. The extra ... and October developers sold homes worth an estimated HK$20 billion, according to analysts, but that buying spree has since shown signs of slowing. 'Developers will increase their commission rates ...

  9. Sinopec plans China's biggest refinery

    Posted Jul 05th 2012, 12:00am

    ... of 300,000 tonnes of fuel, Xinhua reported. National Business Daily reported last month that the mega project still needs approval from the National Development and Reform Commission. It cited ... of 247 million tonnes, according to its annual filing to the Securities Exchange Commission in the United States, where its shares are traded. If completed, the 32-million-tonne-a-year refinery ...

  10. Some 'gifts' only give so much and come once a bigwig visits

    Posted Jul 03rd 2012, 12:00am

    ... and one in Shenzhen. Last week, the Securities and Futures Commission also gave approval for the Hong Kong subsidiary of a mainland fund house to launch an ETF allowing Hong Kong investors to buy ... are planning is a big foray into the local equity market. But China Securities Regulatory Commission (CSRC) vice-chairman Yao Gang said the moves were intended to increase the integration of the Hong ...




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