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  • September 19, 2014
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  1. Leading financial daily fears it will have to close

    Posted Jul 05th 2003, 12:00am by Kelvin Chan

    ... Its founder says the law downgrades media workers to the level of criminals The owners of Hong Kong's first Chinese-language financial newspaper are considering quitting the newspaper ... of public interest for offences involving state secrets, scrapping the crime of handling seditious publications, and not giving police powers to enter and search without a court warrant. ...

  2. Strong US growth data drives export counters

    Posted Nov 27th 2003, 12:00am by Staff Reporter

    ... 'Thanksgiving sales serve as a good indicator for Christmas sales. If sales at the Thanksgiving holiday are good, so will the Christmas sales,' Tanrich Financial Group research head Mark Wan said ... will be restricted to small-scale developments,' ING Financial Markets analyst Eva Lee said. Cheung Kong rose 1.27 per cent to $59.50 and Henderson Land climbed 1.33 per cent to $30.40. Mid-tier ...

  3. Lai See

    Posted Aug 24th 2010, 12:00am by Howard Winn

    ... factors outlined in its prospectus make those outlined in the prospectus for Russian aluminium company Rusal seem like child's play. Citywire financial news service notes that Masawara's ... that crime could materially damage its finances. When much of the fund management business is moving towards ethical investing and managing risk more tightly, it's intriguing to see a more ...

  4. Business - Banking & Finance - TAKEOVERS

    Fubon Financial to buy majority control of First Sino Bank

    Posted Dec 28th 2012, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Deal valued at over US$1b largest acquisition of a mainland business by a Taiwanese investor Fubon Financial takes First Sino stake Fubon Financial Holding, the second-largest publicly traded financial group in Taiwan, will buy majority control of First Sino Bank, in what is the largest acquisition of a mainland business by a Taiwanese ...

  5. Business - Companies - BROKERAGES

    Acquisition talk sparks rally in CASH Financial and associate Net2Gather

    Posted Sep 20th 2012, 12:00am by Jeanny Yu

    ... Jeanny Yu Jeanny.yu@scmp.com Associate firm also gains after a potential investor is said to be interested in broker Acquisition talk sparks rally in CASH Financial Shares in CASH Financial Services Group, a Hong Kong-based brokerage firm, and its associate Net2Gather (China) Holdings surged yesterday on speculation that a potential investor is interested in acquiring ...

  6. Teenager arrested over internet rumour that caused run on bank

    Posted Oct 02nd 2008, 12:00am by Staff Reporter

    ... A police spokesman yesterday said the man, surnamed Siu, was being detained for questioning. Commercial Crime Bureau officers arrested him in Kwai Chung on Tuesday night on suspicion that he gained ... after reassuring statements about its financial health were made by both the bank and the Hong Kong Monetary Authority. Meanwhile, messages expressing dissatisfaction with police actions ...

  7. Freeman Financial in HK$503m deal

    Posted Dec 11th 2010, 12:00am by Sophie Yu

    ... Sophie Yu Hong Kong-based investment holding company Freeman Financial Corp will acquire 23.43 per cent of Liu's Holdings for HK$503 million. Freeman provides corporate management ... the financial services business of Freeman Group, a statement said. Freeman will appoint Winston Liu Kam-fai as a non-executive director upon the completion of the share purchase. Winston Liu ...

  8. Financial turmoil takes gloss off art and jewellery auctions

    Posted Oct 08th 2008, 12:00am by Celine Sun, Vivienne Chow

    ... A number of famed art works and big-ticket jewellery items went unsold at two highly anticipated auctions yesterday as the global financial crisis hit the art and gems markets. Andy ... was satisfied with the results even though a number of big-name items went unsold. 'The market has changed because of the financial crisis and the economic downturn,' Mr Lee said. The poor ...

  9. Financial chaos leads ING back to the basics

    Posted Mar 09th 2009, 12:00am by Enoch Yiu

    ... amid the global financial crisis. It has just announced it will stop sponsoring the Formula One racing championships at the end of this year's season. The cost cutting and back-to-basics ... expenses including the Formula One sponsorship. Mr Van der Noordaa believes this cautious approach will prepare ING for the worst and help it endure the most serious financial crisis in a century. ...

  10. Record fall in Peak home prices as global financial crisis bites

    Posted Feb 18th 2009, 12:00am by Yvonne Liu

    ... Kong's luxury real estate market- worse even than during the 1997-98 East Asian financial crisis- underscoring the seriousness of the global economic slump. In the final three months of 1997, ... fewer than 10 homes priced at HK$15 million or more had been sold citywide each week since the onset of the global financial crisis. 'Thirty to 40 luxury homes were being sold every week ...




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