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  • September 24, 2014
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  1. It's not size that makes a global financial centre

    Posted Jun 22nd 2007, 12:00am by Stephen Vines

    ... In this case, his rationale for more people is that they are required to build a global financial centre in Hong Kong. He has looked abroad and discovered (somewhat erroneously) that other great financial centres, namely New York and London, have a population of around 10 million. Unfortunately, no one seems to have told him that only a fraction of the population of these great cities ...

  2. Business - Money

    IPO by UAE's Emaar Properties may raise US$1.58bn

    Posted Sep 15th 2014, 04:40am by Bloomberg

    ... Bloomberg in Dubai Emaar IPO of malls may raise US$1.58bn Emaar Properties, owner of the world's biggest shopping centre, is seeking to raise as much as US$1.58 billion from ... of its equity, in a price range of 2.5 dirhams (HK$5.27) to 2.9 dirhams each, according to a statement to the Dubai Financial Market. The final price will be determined through a book-building ...

  3. The formula for creating a global financial centre

    Posted Jun 19th 2007, 12:00am by Jake Van Der Kamp

    ... appears to think that this many people are needed if we are to make Hong Kong's name shine as a global financial centre. Nary a peep of this did we hear in his re-election campaign for chief executive and it appears that he alone has heard God declare it Hong Kong's destiny to be a global financial centre, whatever that means. I have never been certain and I don't really think ...

  4. Business - Companies

    The return of 'Made in Hong Kong'? Companies hope to revive city as manufacturing hub

    Posted Sep 24th 2014, 06:13am by Denise Tsang

    ... industries will provide a much-needed leg to the wobbly economy." Hong Kong's economy is at a crossroads. The city relies heavily on financial industries and tourism for growth- sectors which are vulnerable now. The city's financial services are facing punishing competition. Hong Kong is competing for a bigger slice of yuan trade with Shanghai, London, Singapore and other ...

  5. 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 ...

  6. News - Hong Kong - POLITICS

    Former leader Tung Chee-hwa plans 'think tank' for Hong Kong development

    Posted Sep 20th 2014, 01:38pm by SHIRLEY ZHAO

    ... and Macau Studies think tank, believed Tung would not only recruit local research talent, but also overseas and mainland experts. Former financial secretary Antony Leung Kam-chung, who served ... the city's think tanks lacked financial and human resources, while their research results often failed to have any impact because the complicated political environment hindered policy implementation. ...

  7. Business - Companies - ENTERTAINMENT

    Possible financial irregularities found at Alibaba's Hong Kong-listed film unit

    Posted Aug 15th 2014, 11:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com The newly installed management of Alibaba Pictures Group has found possible breaches of the financial accounts dating before Alibaba Group’s move to take a majority stake in the entertainment company. The new management, appointed by Chinese technology giant Alibaba Group, undertook an initial review of the company’s financial and business affairs, ...

  8. 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 ...

  9. Business - Banking & Finance - DISPOSALS

    CASH unit’s stake sale talk boosts shares

    Posted Sep 23rd 2014, 12:38pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of Hong Kong-based brokerage Celestial Asia Securities Holdings (CASH) and subsidiary CASH Financial Services Group surged more than 15 per cent in early ... in a joint statement. CASH traded as much as 15.5 per cent higher at 82 HK cents but fell back to 69 HK cents at 10.51am. CASH Financial rose up to 19.7 per cent to 39.5 HK cents before falling ...

  10. News - Hong Kong - POLITICS

    'Last time they let Albert Ho run …why not in 2017?'

    Posted Sep 15th 2014, 06:29am by SHIRLEY ZHAO

    ... of the pan-democrats really does?" Speaking after the scholarship ceremony, Kwok said a committee would determine the scholarship winners based on their academic performance, financial need ... Hung Kai Properties in January, said his future business focus would be on property development and financial investments, with an eye on "landmark projects" equivalent in scale ...




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