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  • July 10, 2014
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  1. Business - Banking & Finance - WHITE COLLAR

    Offshore yuan centres not the biggest threat to Hong Kong's financial sector

    Posted Feb 24th 2014, 02:07pm by Enoch Yiu

    ... until 2012. Over the past year, Beijing has given the approval for other financial centres, such as London, Singapore, Sydney and Tokyo, to do business in yuan to further encourage international ... in the yuan business. In fact, the real competition is not from overseas centres, since Hong Kong- which is directly adjacent to the mainland- has an unrivalled advantage over them. The real threat ...

    http://www.scmp.com/business/banking-finance/article/1434048/offshore-yuan-centres-not-biggest-threat-hong-kongs
  2. Business - THE VIEW

    Hong Kong's financial fireworks

    Posted Jul 04th 2014, 01:39am by RICHARD HARRIS

    ... from Beijing is that protests endanger social stability and, by extension, Hong Kong's position as an international financial centre. The truth is Hong Kong people seem ... of a night of civil unrest. London remains the world's most international financial centre in part because people can take to the streets and because political interference is minimal. ...

    http://www.scmp.com/business/article/1546117/hong-kongs-financial-fireworks
  3. Business - Companies - TECHNOLOGY

    Hong Kong data centre investments pick up after Google's abandoned project

    Posted Jun 26th 2014, 01:07am by BIEN PEREZ

    ... as a regional hub for multinational companies, demand from enterprises and financial services firms for interconnected data-centre services continues to rise," Alex Tam Wing-yiu, the managing ... billion data centre build-out in key financial centres. HGC GlobalCentre, a joint venture between Li Ka-shing's Hutchison Telecommunications Hong Kong and Cheung Kong (Holdings), also opened ...

    http://www.scmp.com/business/companies/article/1540549/hong-kong-data-centre-investments-pick-after-googles-abandoned
  4. Business - Money - ASSET ALLOCATION

    For world’s wealthy, years after financial crisis cash is still king

    Posted Jun 18th 2014, 03:21pm by Reuters

    ... Reuters in Geneva The world’s richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into investing. Private banks have had to repair trust following the financial crisis of 2008-09, which sent their wealthy clients scurrying for cover and taking on ever larger ...

    http://www.scmp.com/business/money/wealth/article/1535573/worlds-wealthy-years-after-financial-crisis-cash-still-king
  5. Business - Banking & Finance - MR. SHANGKONG

    Will the dealmakers go to Shanghai's financial centre?

    Posted Oct 07th 2013, 12:00am by George Chen

    ... Will the dealmakers go to Shanghai's financial centre? How can Shanghai get ready to be a financial centre by 2020? We've talked about world-class infrastructure, freedom of capital flows, ... China's so-called Wall Street, into a true international financial centre. I am more interested in the inflow of dealmakers and financial industry stakeholders from all over the world. If you work ...

    http://www.scmp.com/business/banking-finance/article/1325941/will-dealmakers-go-shanghais-financial-centre
  6. Business - Companies - TECHNOLOGY

    NTT unveils Hong Kong's first 'financial data centre'

    Posted Jun 01st 2013, 12:00am by BIEN PEREZ

    ... the information technology services arm of Japanese firm Nippon Telegraph and Telephone, expects to buttress Hong Kong's position as an international financial centre with the opening yesterday ... "financial data centre" consisting of high-performance infrastructure designed to meet the requirements of financial services providers and information technology companies. The facility ...

    http://www.scmp.com/business/companies/article/1250933/ntt-unveils-citys-first-financial-data-centre
  7. Business - Banking & Finance

    Hong Kong on track to become top financial centre

    Posted Dec 13th 2012, 12:37pm by Jeanny Yu

    ... Jeanny Yu Hong Kong is expected to overtake London by 2015 and surpass New York by 2016 to become the world’s biggest financial centre, reflecting a massive shift in the balance of power ... overtaken  London to reach 248,000, according to the lastest report released by the London-based Centre for Economics and Business Research (CEBR). By 2015, London would have 237,000 financial ...

    http://www.scmp.com/business/banking-finance/article/1104322/hong-kong-track-become-top-financial-centre
  8. News - Hong Kong - INDEX

    Hong Kong ranked world's top financial centre for second year

    Posted Nov 01st 2012, 01:35pm by Lai Ying-kit

    ... of the world’s leading financial centres by analysing drivers of financial system development that support economic growth. The rankings were released late on Wednesday. Hong Kong SAR ranked first among ... and commercial access are also well recognised by the WEF.” Last year, Hong Kong leapfrogged the United States and Britain to become the first Asian financial centre to top the index that began in 2008. ...

    http://www.scmp.com/news/hong-kong/article/1074243/hong-kong-ranked-worlds-top-financial-centre-second-year
  9. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Silver Base turns to chief for financial help Silver Base Group Holdings, one of the mainland's largest distributors of high-end liquor and cigarettes, ... and the slowdown in the mainland economy. "In order to strengthen the capital base of the group and to improve the group's financial position, immediate liquidity and cash flows and otherwise ...

    http://www.scmp.com/business/companies/article/1543914/silver-base-turns-its-ceo-financial-help
  10. Business - Banking & Finance - THE INTERVIEW

    Sun Hung Kai Financial boss focuses on wealth management and DIY trading

    Posted Apr 18th 2014, 02:15pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com William Leung sees wealth management and smartphone trading as the way to go for SHK Financial amid changes in technology and the market From bank director ... at the age of 57, left behind a two-decade-long career as a banker at Hang Seng Bank, one of Hong Kong's biggest lenders. He joined Sun Hung Kai Financial, one of the oldest brokerages ...

    http://www.scmp.com/business/banking-finance/article/1486817/sun-hung-kai-financial-boss-focuses-wealth-management-and

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