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  • August 1, 2014
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  1. Business - China Business - MR. SHANGKONG

    Beijing's Weibo ban hits close to home

    Posted Jul 07th 2014, 05:26am by George Chen

    ... separated in this world. If someday Sina Weibo, already listed on the technology-heavy Nasdaq stock market in the United States, fails, then Beijing should be blamed for how the central government ... in an unprecedented way, especially during emergency situations. Many government agencies, from the central bank to police stations, are already on Weibo, but that does not mean it should become an online ...

  2. Business - Banking & Finance - MR. SHANGKONG

    Young jobseekers losing touch with reality

    Posted Jun 30th 2014, 04:00am by George Chen

    ... George Chen george.chen@scmp.com Attitude of the young generation leads many HR managers to rethink the value of fresh graduates Young jobseekers lose touch with reality A very strange phenomenon appears to be developing in the job markets in Hong Kong and Shanghai. On the one hand, young jobseekers keep complaining about how difficult it is to find good jobs. On the other hand, ...

  3. Business - Banking & Finance - MR. SHANGKONG

    Banking chiefs preoccupied with looming Occupy Central

    Posted Jun 23rd 2014, 03:08am by George Chen

    ... A is no plan- if nothing really happens, we don't need to deal with any emergency situation," said a senior executive at a local bank. One of the banks used the codename "basketball ... the Hong Kong Monetary Authority apparently dare not mention the movement. The authority recently conducted a so-called emergency drill with 55 banks to test their back-up plans for business ...

  4. Business - Comment - MR. SHANGKONG

    From child to adult, the need to study never seems to end

    Posted Jun 09th 2014, 03:29am by George Chen

    ... takers worldwide, according to the CFA Institute, the organiser of the exams. The number of people taking the CFA exam is also an indicator of the health of the financial job market. Industry insiders say when the job market isn't doing well, you will see more people taking the exams. That was what happened during the 2008 global financial crisis. Many financial workers lost ...

  5. Business - Banking & Finance - MR. SHANGKONG

    Is the market reform a true 'win-win' for Shanghai and Hong Kong?

    Posted Apr 14th 2014, 05:07am by George Chen

    ... Is the market reform a true 'win-win' for Shanghai, HK? On the mainland, the term "win-win" has been popular for quite some time, replacing the term "zero-sum" game we ... about how people can make such a thing happen. In Hong Kong these days, is the newly announced Shanghai-Hong Kong stock market "through-train" scheme really a "win-win"? ...

  6. Business - Economy - MR. SHANGKONG

    Xi Jinping's visit to Shanghai zone gives new hope to economic reform

    Posted May 26th 2014, 05:06am by George Chen

    ... and market system, may only be symbolic, but such symbolic visits have often significantly changed the path of mainland economic development. For example, late paramount leader Deng Xiaoping's visit to southern China in 1992 eventually led to a wider opening-up of the mainland market to foreign investors. Xi claimed to be a big fan of the free-trade zone and what had been done since ...

  7. Business - Banking & Finance - MR. SHANGKONG

    Chinese banks in Hong Kong go quiet on last year's promised bonus

    Posted May 12th 2014, 02:58am by George Chen

    ... and also resulted in big changes to the job market for banking professionals in Asia. Many have left big international banks such as HSBC and Citigroup for rapidly expanding Chinese banks ... to wait a few more months. Some of you may think the job market is bad enough these days, so how dare Z and others ask for a bonus. But the sad truth about working for a mainland bank in Hong Kong ...

  8. Business - Money - MR. SHANGKONG

    Big-name banks no guarantee for IPO success

    Posted May 05th 2014, 05:38am by George Chen

    ... little help in bringing pork seller to market The failure of top mainland pork producer Shuanghui's US$6 billion initial public offering- once slated to be Asia's biggest this year- ... cancelled because of cool market response. Given Shuanghui's fame, especially after it acquired top US meat processor Smithfield Foods last year, as well as the renowned international ...

  9. Business - Banking & Finance - MR. SHANGKONG

    Transparent hiring needed in equal opportunity Hong Kong

    Posted Apr 21st 2014, 01:19am by George Chen

    ... is a breach of the bank's internal code of conduct or the hiring results in breach of market regulations and laws if the new hire misuses their connections to win business. I believe the reason ...

  10. Business - Economy - MR. SHANGKONG

    Forget 'Likonomics', it's all about economic stimulus in China again

    Posted Apr 07th 2014, 04:38am by George Chen

    ... covered, and extend the policy to the end of 2016 to prop up the private sector and stabilise the job market. There's no way Li [Keqiang] wants to be the first premier to miss the growth ... not suggesting Li's stimulus plan could go that far, but once you open the box of stimulus policies, the market will be curious to know what the next round of stimulus might be if the first round ...




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