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  • September 21, 2014
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  1. Parent hopes for easier financial services rules

    Posted Nov 07th 2003, 12:00am by Christine Chan

    ... Christine Chan PICC Holding, the parent of PICC Property and Casualty, wants China to eventually ease restrictions governing the country's financial services sector. 'PICC has ... laws, we will also engage in banking, securities and trust business,' Mr Tang said. The company's ambition to become a universal financial services player is barred by a tight ...

  2. Dispelling myths about a US$60b industry

    Posted Dec 01st 2003, 12:00am by Winston Raj

    ... industry. About 10 per cent of managers of the world's top hedge funds will be speaking at the forum, which runs from today until Wednesday at the Conrad Hotel at Pacific Place. 'There ...

  3. Insurance growth offers lesson for banks

    Posted Dec 30th 2003, 12:00am by Stephen Craig

    ... investors and stock market listings as soon as next year. It could help to bridge the current dichotomy in China's financial sector, where its banks are chastised for bad loans and bad business ...

  4. 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 ... and publisher, Lam Shan-muk, painted a gloomy picture for the media industry, operators and workers if the law is passed. 'We are worried particularly over the police power to search premises ...

  5. Civil servants pledge to back next financial chief

    Posted Aug 04th 2003, 12:00am by Jimmy Cheung

    ... The incoming financial secretary has been assured of full support from the 170,000-strong civil service. Amid growing speculation that Henry Tang Ying-yen would be named the next finance ... recruitment from within the government or the private sector. On Saturday, Mr Tang, currently Secretary for Commerce, Industry and Technology, smiled broadly when asked if he had been given the top ...

  6. Financial crime may curb rise of Shanghai

    Posted Jul 16th 2003, 12:00am by Bill Savadove

    ... at the expense of the firm. Banking industry officials said new products and the rise of transactions using the internet meant that financial fraud would inevitably rise. Banks needed to improve internal ... White collar offences up an average 4.8pc annually during the past five years A state newspaper has raised the alarm over a steady increase in financial crime in Shanghai, saying ...

  7. Tung will widen hunt for new financial secretary

    Posted Jul 22nd 2003, 12:00am by Carrie Chan

    ... Chief Executive Tung Chee-hwa is likely to look for a new financial secretary outside the Hong Kong government as two ministers in his cabinet have indicated they are not interested in the job. Secretary for Commerce, Industry and Technology Henry Tang Ying-yen yesterday dismissed speculation that he would be replacing Antony Leung Kam-chung. Mr Tang said he had not offered ...

  8. New financial chief seeks to lure more investment

    Posted Aug 19th 2003, 12:00am by Chris Yeung

    ... He also warns against excessive intervention in the property market Hong Kong's Financial Secretary Henry Tang Ying-yen has pledged to maintain consistency in policies ... government intervention to push up property prices. Mr Tang, the former industrialist who was appointed minister for commerce, industry and technology in July last year, succeeded Antony Leung ...

  9. Mega Financial launches US$600m bond issue

    Posted Sep 19th 2003, 12:00am by Staff Reporter

    ... electronics manufacturers stepped into the market, including Hon Hai Precision Industry, which prior to the Mega Financial bond was the largest offer this year with US$450 million. More recently, ... The two-year note from Taiwan is the biggest in Asia so far this year and further large issues are in the pipeline One of Taiwan's largest financial groups has provided a confidence ...

  10. Piercing Shanghai's financial myths

    Posted Jul 28th 2003, 12:00am by Laurence Brahm

    ... conference organisers shifted to Shanghai. In 2001, Shanghai's financial sector was recognised as one of the city's six pillar industries, growing at a rate of 2.1 per cent that year, ... In the long-hyped competition to be recognised as China's financial centre, many say Shanghai may soon eclipse Hong Kong. Certainly, common consensus holds that it has long left ...




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