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  • October 21, 2014
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  1. Business - Companies - E-COMMERCE

    Alipay gets new name in financial services push

    Posted Oct 17th 2014, 05:29am by Reuters

    ... Reuters in Beijing Grouping of six entities in rebranding exercise aims to break traditional finance Alipay gets new name in financial service push E-commerce firm Alibaba Group Holding has changed the name of its Alipay financial services affiliate to Ant Financial Services Group as it steps up its push into the financial services industry. Alibaba has been aggressively ...

  2. Business - Comment - JAKE'S VIEW JAKE

    Financial analysts thrive on people's faith in them

    Posted Mar 09th 2014, 04:02am by Jake Van Der Kamp

    ... Jake van der Kamp All-knowing analysts live off the faith of their clients Analysts dismiss talk of 'hard landing' on mainland South China Morning Post headline, March 4 The modern gods of omniscience have become so often quoted that even the boss told me the other day, "You know, I sometimes think we ought to have fewer of these 'analysts say' stories ...

  3. Business - Economy - MANUFACTURING

    Korea factory output falls most since 2008 financial crisis

    Posted Sep 30th 2014, 11:21am by Reuters

    ... Reuters in Seoul Sharp fall in Korean factory output South Korea's factory output last month marked its worst fall since the 2008 global financial crisis, raising concerns about ... spurring the government to launch a raft of policy measures to boost demand. Analysts said the latest data dashed hopes for a quick rebound and might put pressure on the Bank of Korea to ease ...

  4. Business - Economy - FINANCE

    Financial Secretary John Tsang eyes law reform to attract capital to Hong Kong

    Posted Sep 24th 2014, 03:47am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Legal changes will lure investment funds and foreign firms to city, predicts financial secretary Tsang eyes law reform to attract capital to HK Financial Secretary John Tsang Chun-wah yesterday said Hong Kong was amending its laws to become a more attractive financial hub, which analysts said would enable the city to compete against rivals ...

  5. Business - Comment - LAI SEE

    'Humble Scottish merchant' writes to the Financial Times

    Posted Sep 24th 2014, 06:13am by Howard Winn

    ... Howard Winn We read with interest a letter in the Financial Times last week on the subject of the Scottish referendum. It starts, "Sir, I am a humble Scottish merchant trading ... The bank's stock price is up 60 per cent since October 2012 when he took over the job. The bank is even receiving praise from CLSA US banking analyst Mike Mayo who had been lacerating in his ...

  6. Disasters leave PICC with deficit of 292m yuan

    Posted Aug 20th 2008, 12:00am by Staff Reporter

    ... The company's solvency margin, a measure of its financial health, was 120.3 per cent at the end of June. Analysts expect PICC to raise more capital after a new rule requiring major insurers to maintain ... effects of catastrophes on the operation of the company,' it said in a statement posted on the Hong Kong stock exchange website. The company's optimism is not shared by analysts, who ...

  7. Business - Money

    The China disconnect: analysts lose plot on financial stocks

    Posted Jul 22nd 2013, 11:09am by Reuters

    ... Nishant Kumar in Hong Kong Seventy per cent of analysts covering Chinese financial stocks rate them a buy, the highest among the world’s top 10 markets for such shares. Yet its financials ... for financial shares, analysts have a buy rating on 47 per cent of stocks. “Analysts are positive on China financials partly because valuations are low,” said May Yan, a bank analyst at Barclays. “There ...

  8. News - Hong Kong - TRANSPORT

    Financial analyst finds new route to happiness- as a bus driver with KMB

    Posted May 26th 2013, 12:00am by Jennifer Ngo

    ... financial analyst has set off on a new route to happiness- as a bus driver. Gary Leung Ling-yin, 26, decided to switch careers after realising money and luxury no longer represented a fulfilled ... was aged two. "Our generation is very lucky. We have enough, which is why we want to chase after our dreams." He realised that while his work as a financial analyst was good- and while he ...

  9. News - Hong Kong - CRIME

    Fake bank guarantees in HKMEx case baffle financial analysts

    Posted May 28th 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Fake guarantees in HKMEx case baffle analysts Follow @SCMP_News The alleged discovery of fake bank guarantees during the police investigation into the collapse of the Hong Kong Mercantile Exchange has baffled financial analysts. Hong Kong police have arrested at least five people in their investigation into the failure of the HKMEx, with at least ...

  10. Business - Companies - ACQUISITIONS

    Fosun’s debt-fuelled shopping spree worries analysts

    Posted Aug 05th 2014, 02:57pm by Toh Han Shih

    ... overseas spending spree by China's biggest privately owned conglomerate, Fosun International, is raising red flags among analysts. Rating agency Moody's has expressed concern that the huge debt that has been financing its overseas deals is hurting the Hong Kong-listed firm's financial strength. "We are cautious about Fosun's future prospects following large ...




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