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  • November 23, 2014
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Results 1 - 10 of 14 for financial centre

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  1. Business - Money - INVESTMENT

    China-Russia investment deal opens doors for more Russian IPOs in city

    Posted May 21st 2014, 01:11am by Toh Han Shih

    ... Development Bank (CDB). "In the next one or two years, more Russian companies will go IPO in Hong Kong," Dmitriev said. "Naturally for us, Hong Kong as a financial centre ...

  2. Grand delta hub gets second look as westward march continues

    Posted Mar 28th 2005, 12:00am by Toh Han Shih

    ... of Yunnan province, is under construction. 'Hong Kong will be the financial centre on the back of this huge transport network. It will be a long time before Shanghai can catch up with Hong Kong on financial services, as the yuan needs to be convertible,' said Mr Fung. However, Mr Lo said: 'I will put my money on the yuan being freely convertible within 10 years, which is going ...

  3. Kelon warns scandals will wipe 20pc off sales

    Posted Oct 18th 2005, 12:00am by Toh Han Shih

    ... yuan, due to financial investigations centring on the firm's former chairman, he said. 'This year, profitability is definitely not achievable, but next year, it is. Next year, we must ... Toh Han Shih Embattled appliance maker says fallout will be seriously felt this year and next Troubled Guangdong Kelon Electrical Holdings has warned recent financial scandals ...

  4. Business - Banking & Finance - TAX EVASION

    Data exchange to combat tax evasion seen affecting Hong Kong private banks

    Posted Jul 07th 2014, 05:26am by Toh Han Shih

    ... law designed to combat tax evasion. The standard is due to start on December 31 next year, when financial institutions in participating jurisdictions are expected to collect information on new ... Britain, Germany, France, as well as offshore centres like Bermuda, British Virgin Islands (BVI) and Cayman Islands. "With the Common Reporting Standard, the ability for people to hide ...

  5. Business - China Business - INVESTMENT

    China spends billions to fund Caribbean ambition

    Posted Jun 16th 2014, 03:07am by Toh Han Shih

    ... and political clout, funds in the form of outward foreign direct investment are typically finding their way back to China after being rerouted from the offshore financial hubs of the British Virgin ... up in the Caribbean centres. Reflecting the scale of the fund flows, the British Virgin Islands has become the second-largest destination for mainland Chinese overseas direct investment after ...

  6. Chinese loans go a long way in Africa

    Posted Jul 20th 2009, 12:00am by Toh Han Shih

    ... enormous challenges around poverty alleviation and development,' said Martyn Davies, executive director of the Beijing-friendly Centre for Chinese Studies at Stellenbosch University in South Africa. 'The Chinese deal is certainly the best on the table, and no other foreign investor is able to match such a large financial package.' The mainland's increasingly deep ...

  7. Hopewell to pour HK$12b into projects

    Posted Feb 05th 2010, 12:00am by Toh Han Shih

    ... Highway Infrastructure (HHI). About HK$4.2 billion will go towards its Lee Tung Street project and HK$5 billion to Hopewell Centre II. The Lee Tung Street project is Hopewell's 50-50 joint ... for Hopewell Centre II is a conference hotel with 1,024 rooms, with a targeted completion date of 2016. In Guangdong, Hopewell plans to invest at least one billion yuan (HK$1.14 billion) in the Liede ...

  8. Movers shaken by supply chain woes

    Posted Jun 10th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih The complex network of companies that transports China Inc's products from factory floor to the rest of the world has been dealt a body blow by the global financial ... the managing director of mainland logistics firm H&T Airfreight and Global Express, said he knew of up to 25 mainland logistics companies that were in financial dire straits. 'They tell us ...

  9. Hopewell profit contracts 82pc to HK$931m

    Posted Feb 27th 2009, 12:00am by Toh Han Shih

    ... fair-value gain on completed investment property rose 38 per cent to HK$511 million. The company's property projects include Hopewell Centre, Panda Hotel and Panda Place in Hong Kong, ... banking facilities of HK$16.95 billion at the end of last year. 'With its strong cash position and abundant banking facilities, the company is in a solid financial position to build ...

  10. Moulin seeks cash as banks call loans

    Posted Jun 02nd 2005, 12:00am by Toh Han Shih

    ... of events back to its investment in United States retailer Eye Care Centres of America (ECCA). Moulin bought 56 per cent of ECCA for about US$250 million in December last year, after its bid to buy ... withdrew its demand for repayment, leaving eight banks and $329 million of the debt in question, the firm said yesterday. Moulin chief financial officer Don Lee Kwok-ming admitted that creditors ...




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