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  1. Sotheby's sues mainlander for failing to pay for art

    Posted Jul 17th 2012, 12:00am

    ... Joyce Man joyce.hyman@scmp.com Sotheby's is suing a mainland man for more than HK$27 million over Chinese paintings and scrolls that it says he bought in an April auction in Hong Kong but never paid for. Sotheby's Hong Kong filed a claim at the ...

    http://www.scmp.com/article/1006967/sothebys-sues-mainlander-failing-pay-art
  2. Business - Companies - TRANSITIONS

    Power Assets veteran steps down as chief

    Posted Dec 29th 2012, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Tso Kai-sum to take on advisory roles with group after first joining the company in 1966 Power Assets veteran steps down as chief Tso Kai-sum, who has served at least four decades in Li Ka-shing's Cheung Kong group of companies, will step down as the group managing director of the utilities unit Power Assets Holdings from January 1. He ...

    http://www.scmp.com/business/companies/article/1114707/power-assets-veteran-steps-down-chief
  3. Sea change on way for those wasting corporate boxes

    Posted Nov 16th 2011, 12:00am

    ... the clubs and organisations, which are long-term holders of racecourse boxes and form one of the backbone traditions of going racing here. The club believes the expensive upgrading of its facilities ... holders have been diluted down to having the rights to tables within a shared box rather than the whole room, and others can look forward to the same. As one official said, the club treasures its ...

    http://www.scmp.com/article/984911/sea-change-way-those-wasting-corporate-boxes
  4. Business - Commodities - MINING

    Gold miners let down by size and equipment

    Posted Nov 12th 2012, 12:00am by Eric Ng

    ... as the biggest consumer. Gold miners let down by size and equipment ...

    http://www.scmp.com/business/commodities/article/1080279/gold-miners-let-down-size-and-equipment
  5. Business - Comment - LAI SEE

    Years down the track, Anthony Wu's disciplinary hearing to start

    Posted Nov 01st 2012, 12:00am by Howard Winn

    ... there have been complaints from the disciplinary committee investigating the case over its slow progress. Wu recently stepped down as chairman of the Bauhinia Foundation, and earlier this year did ...

    http://www.scmp.com/business/article/1074098/years-down-track-anthony-wus-disciplinary-hearing-start
  6. News - Hong Kong - CURRENCIES

    Monetary Authority intervenes to hold down value of the Hong Kong dollar

    Posted Oct 21st 2012, 12:00am by Yvonne Liu

    ... intervened in the currency markets for the first time in nearly three years yesterday to hold down the value of the Hong Kong dollar. The currency has been pushed close to the upper limit of its ... at a rate of HK$7.75 to the greenback, the upper limit of the currency's trading range. The last time the HKMA bought US dollars to hold down the Hong Kong dollar's value was in December ...

    http://www.scmp.com/news/hong-kong/article/1066058/monetary-authority-intervenes-hold-down-value-hong-kong-dollar
  7. Business - Money - THE INSIDER

    Buys down for a third week as bosses hold on to shares

    Posted Aug 13th 2012, 12:00am by Robert Halili

    ... Robert Halili David Li and Dickson Poon raise stakes in their own companies; disposals are flat at HK$23.4 million Buys down for a third week as bosses hold on to shares The buying fell ... firms with 11 disposals worth HK$23.77 million. The buy figures were down from the previous week's 21 companies, 77 purchases and HK$40 million. On the negative side, the number of trades ...

    http://www.scmp.com/business/money/money-news/article/1008719/buys-down-third-week-bosses-hold-shares
  8. Business - China Business - SHARES

    Baosteel's sell down could signal start of rethink by state-owned enterprises

    Posted Sep 13th 2012, 12:00am by Lulu Chen

    ... the news yesterday, saying the move was a "market operation", without commenting further. "Most steel mills lost money in August. It's reasonable to sell down some non-core ...

    http://www.scmp.com/business/china-business/article/1035352/baosteels-sell-down-could-signal-start-rethink-state-owned
  9. Sotheby's extends pre-sale deposits

    Posted Sep 08th 2011, 12:00am

    ... Vivienne Chow vivienne.chow@scmp.com Sotheby's will continue to seek pre-sale deposits from potential buyers of not just premium lots but also all other categories to protect the auction house from buyers with bad credit records in the coming Hong Ko ...

    http://www.scmp.com/article/978424/sothebys-extends-pre-sale-deposits
  10. Business - Companies - PROPERTY

    Henderson Land interim profit goes down 12pc

    Posted Aug 23rd 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Contributions from property projects fall but developer has lined up sales launches until 2013 Henderson Land interim profit goes down 12pc Henderson Land ... Turnover amounted to HK$7.17 billion, down 32.49 per cent from HK$10.62 billion. Earnings per share on net profit attributable to shareholders amounted to HK$3.26, down 17 per cent from HK$3.92 ...

    http://www.scmp.com/business/companies/article/1021246/henderson-land-interim-profit-goes-down-12pc

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