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  1. Hong Kong more a China financial centre than a regional hub

    Posted Sep 04th 2006, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'The study [Corporation of London study] concluded that New York and London are the only two genuinely global financial centres. It is worth noting that the study also examined the scope for a third global financial centre but the views were spilt (sic). Yet, most respondents agreed that if there were one, it would be most likely in China ...

  2. HK urged to strengthen role as financial centre

    Posted Jun 07th 2006, 12:00am by Staff Reporter

    ... Chow Chung-yan Hong Kong must rise to the challenges brought by globalisation and the rise of the mainland's economy, Chief Executive Donald Tsang Yam-kuen said yesterday. The city needed to strengthen its role as a global financial centre and help the mainland currency's progress towards free convertibility, Mr Tsang said. He was speaking in the Yunnan provincial ...

  3. HK urged to help mainland develop finance centre

    Posted Nov 03rd 2006, 12:00am by Staff Reporter

    ... Denise Hung Hong Kong has been urged to help the mainland develop an international financial centre, the government's top advisory body says. The head of the Central Policy Unit, Lau ... and the development of Hong Kong. He said it was inevitable that the mainland would have an international financial centre in the future, with Shanghai most likely to fill that role. In fact, it was Hong ...

  4. Compliance moves centre stage

    Posted Jan 14th 2006, 12:00am by Chris Davis

    ... given the complex structure of financial institutions and the strict regulatory environment in which they operated. As one of the world's major finance centres, Hong Kong's regulatory and compliance requirements were in line with those of other leading financial centres, Mr Au said. In recent years, the government, regulatory authorities, banks and financial institutions have made ...

  5. Shanghai sets goal as top financial hub

    Posted Nov 29th 2006, 12:00am by Staff Reporter

    ... Lillian Yang Despite the recent corruption scandal, Shanghai has reiterated its goal of becoming a world-class financial centre by setting targets for the expansion of its financial ... will not become an international financial centre until the lack of a freely convertible currency, limited selection of financial products and poor transparency are remedied. The report said Shanghai ...

  6. Financial secretary takes world view of 'wonderful' trading hall

    Posted Jan 17th 2006, 12:00am by Ben Kwok, Enoch Yiu

    ... status as an international financial centre.' Although 98 per cent of transactions are conducted on computers in brokerages all over the city, Mr Tang insisted there was still a need ... Enoch Yiu and Ben Kwok Some people said it would look like a goldfish bowl, but Financial Secretary Henry Tang Ying-yen declared the new trading hall at the Hong Kong stock exchange simply ...

  7. Executive Centre expands

    Posted Sep 20th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Hong Kong-based Executive Centre has expanded its portfolio in Shanghai, the financial hub of the mainland. The company said it has added a presence in the Xintiandi area, ... no other office quite like this in the market,' said Mr Crowe. Established in 1994, the Executive Centre has 20 locations in 10 major cities from Asia to Europe. These locations include Tokyo, ...

  8. Shanghai's financial star fading

    Posted Sep 02nd 2006, 12:00am by Cary Huang

    ... when Shanghai will overtake Hong Kong as Asia's premier financial centre since the concept was raised by former leader Deng Xiaoping 16 years ago. But the eastern metropolis' hopes ... into an international trade and logistics centre, a sharp contrast to previous comments that Shanghai would never be content to be a second-tier financial centre to Hong Kong, as Chicago and San Francisco had ...

  9. Hospitals deliver financial blow to mainland mothers

    Posted Dec 22nd 2006, 12:00am by Lilian Goh, Mary Ann, Mary Ann Benitez

    ... Meanwhile, the head of the Centre for Health Protection, Leung Pak-yin, will move to the Hospital Authority to become its new director for quality and safety. The centre was set up in 2004 with Dr ...

  10. Yam urges stronger financial role for Hong Kong

    Posted Mar 24th 2006, 12:00am by Paggie Leung

    ... Paggie Leung Hong Kong must strengthen its role as a financial intermediary with the mainland to avoid being marginalised and maintain its status as an international financial centre, Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong warned. 'As the mainland has quickened reform on its financial system, Hong Kong- as a middleman between mainland and overseas ...




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