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  1. MPF advice strikes chord with public

    Posted Nov 07th 2009, 12:00am by Samuel Riding

    ... Samuel Riding The Institute of Financial Planners of Hong Kong (IFPHK) has held a competition to find the best advisers in the city for the past five years. Since 2005, its awards have ... of the public. 'This process is very helpful to us because we want to make consumers aware of the importance of financial planning,' said Angeline Chin, IFPHK's chief executive. ...

  2. Is Tsang the best financial secretary HK can find?

    Posted Jun 29th 2012, 12:00am

    ... Tom Holland Incoming chief executive C.Y. Leung announced his new government line-up yesterday, and John Tsang Chun-wah is to stay on as financial secretary. 'In the coming few years, ... markets had plunged 50 per cent. Then in rapid succession we had the dotcom boom and bust, Sars, and the financial crisis. Still Hong Kong prospered. So there is nothing either unprecedented ...

  3. New year brings changing of the financial guard

    Posted Jan 03rd 2012, 12:00am

    ... in the first consultation way back in 2001. He was also proud to have led the exchange through a turbulent time caused by the global financial crisis. It is now time for him to call it a day as his ... and a new financial secretary. The market tips the most likely candidates to take the top financial post as Hong Kong Monetary Authority chief executive Norman Chan Tak-lam or his predecessor Joseph ...

  4. Citic wins bid to bar police from files

    Posted Mar 29th 2012, 12:00am

    ... confidential. There is no evidence that the documents- including advice from Citic Pacific's law firm Mayer Brown JSM that it submitted to the Securities and Futures Commission- were produced ... that doesn't 'indicate a dishonest purpose in obtaining the advice' from their lawyers, Hartmann said. The Hong Kong-listed company failed to report a HK$15.5 billion loss from derivatives ...

  5. Money is root cause of disputes

    Posted Nov 28th 2011, 12:00am

    ... the importance of seeking professional advice when it comes to inheritance planning. But despite this view, more than half say they do not have a will or testament in place. Globally, 60 per cent of respondents say it is important to get professional advice when deciding on an inheritance plan for their children and stepchildren. Seven out of 10 respondents in Hong Kong agree with this sentiment ...

  6. Public Financial net profit rises 34pc

    Posted Jan 10th 2008, 12:00am by Staff Reporter

    ... Maria Chan Public Financial Holdings, a mid-sized lender controlled by Public Bank of Malaysia, said net profit last year rose 33.97 per cent, partly helped by a one-off gain of HK$108.5 ... the lender had about US$10 million invested in the investment vehicle. Mr Tan said the financial vehicle did not have exposure to subprime mortgages, adding that he expected it would not cause ...

  7. Banking woes limit gains for financial counters

    Posted Mar 12th 2009, 12:00am by Staff Reporter

    ... Maria Chan Financial stocks rose yesterday after a strong rally in the United States and European markets, but most of them closed off their highs as investors remained bearish ... to the year. 'The financial stock rally [in Hong Kong] was just a rebound, not a turnaround,' he said. Hang Seng Bank rose as much as 7.9 per cent before closing at HK$72.10, up 5.49 per ...

  8. Financial secretary sees no need to use reserves

    Posted Oct 14th 2008, 12:00am by Staff Reporter

    ... Ng Kang-chung and Phyllis Tsang Hong Kong sees no need to use its foreign reserves to rescue banks, the financial chief has said. But he also warned that the city could fall into a recession next year. Financial Secretary John Tsang Chun-wah yesterday said Hong Kong's financial system remained sound and the government was satisfied there was no need to inject cash ...

  9. Citic Group sweetens bid to buy out financial unit

    Posted Aug 28th 2008, 12:00am by Staff Reporter

    ... Financial Holdings. Citic Group said it would raise the cash offer of HK$2.16 a share for each CIFH share by 70 HK cents. The offer of one share in Hong Kong-listed China Citic Bank Corp, its ... of 75 per cent of its shares and cannot garner more than 10 per cent of veto votes. The financial firm could not be reached for comment yesterday. Shares in CIFH, which runs Citic Ka Wah Bank ...

  10. Lai See

    Posted Dec 12th 2007, 12:00am by Ben Kwok

    ... Ben Kwok Yam perks up morning with cup of financial advice Who would you turn to for a piece of independent financial advice? According to a telephone survey of 500 respondents conducted by ING Platform Services, Hong Kong Monetary Authority czar Joseph Yam Chi-kwong topped the list as the guru of financial advice. With a 27 per cent rating, Mr Yam beat his boss Donald Tsang ...




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