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  • September 20, 2014
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  1. Industry image often at odds with reality

    Posted May 28th 2005, 12:00am by Rachel Autherson

    ... graduates- Michael Hui, Julianne Lee Young-suk and Lei Fu- who recently joined Goldman Sachs as full-time analysts. We asked them about the industry, their concerns and whether their early ... a deal and I liked the idea of an industry that allowed that sort of creativity. Michael: I grew up in Hong Kong and from an early age was fascinated by the attention that people gave ...

  2. 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 ...

  3. Financials fall after minibond buy-back offer

    Posted Jan 24th 2009, 12:00am by Nick Westra

    ... Wong Ka-chun and Nick Westra Shares of financial stocks fell yesterday after Sun Hung Kai & Co agreed to buy back Lehman Brothers minibonds, sparking concern that others in the industry may have to set aside provisions to settle the issue as well. Sun Hung Kai, Hong Kong's largest local brokerage, slid 1.75 per cent to HK$4.50, while BOC Hong Kong (Holdings), which ...

  4. CIC rules out investment in foreign financial firms

    Posted Dec 04th 2008, 12:00am by Nick Westra

    ... have the courage to invest in financial institutions because we don't know what problems we will put ourselves into,' Mr Lou said yesterday at the Clinton Global Initiative conference ... of financial stocks. Sources said earlier that CIC had restarted discussions with Australian iron ore producer Fortescue Metals Group about taking a stake. The sovereign fund was also in talks last ...

  5. Financial chaos leads ING back to the basics

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

    ... we are well prepared for a very volatile year. Most importantly, I think the financial industry needs to restore its confidence and image. After receiving a Euro10 billion guarantee programme ... in the financial industry? I have two boys who are 14 and 16, so they have not yet chosen their career. I will not push them and will let them make their own decisions. But the current crisis has led them ...

  6. Search for lessons from financial crash

    Posted Oct 20th 2008, 12:00am by Staff Reporter

    ... of Industrial and Commercial Bank of China has indicated the bank was unlikely to take stakes in ailing US financial institutions just because prices were low. 'We will tighten our purse strings ... But with the deepening US-led financial meltdown triggered by the overexpansion of credit, there are serious doubts about whether continuing to follow the American consumerist style is wise. Such reflection ...

  7. Industry data and Taiwan hopes spark rise in region

    Posted May 05th 2009, 12:00am by Staff Reporter

    ... in the world's third-largest economy may be on the mend after being roiled by the global financial crisis in the past six months. Such indices are being closely watched as they signal rising demand ... market, rather than anything related to the company's business.' Fubon Bank (Hong Kong), controlled by Taiwan's Fubon Financial Holding, rose 12.03 per cent while Taiwan cement ...

  8. Investments pay off for 'industry leader'

    Posted Apr 26th 2010, 12:00am by Ana Wang

    ... yuan in 2008. Strong economic growth on the mainland and stable growth in consumption of industrial aluminium extrusion products led to an increase in revenue and profit for the company, since 95 per cent of its gross profit comes from industrial aluminium extrusion products. 'The global economy in 2009 has gradually come out of the haze of the financial turmoil and achieved ...

  9. Industry unsure portability bill will be effective

    Posted Jul 29th 2009, 12:00am by Jason Krupp

    ... of mind, is a significant challenge for the retirement industry in Hong Kong. With relatively small balances and low contribution rates, people view MPF contributions as a tax deductible rather ... The industry, both from the private sector and regulator sides, is battling with investor burnout and a notable lack of interest in long-term investment strategies. Many within the industry feel ...

  10. Centron expects sales to shoot up after telecoms industry revamp

    Posted Oct 07th 2008, 12:00am by Staff Reporter

    ... of the mainland telecommunications industry is completed this month. 'Our customers, which include China Mobile and China Unicom, have halted a lot of network expansion projects this year because of the industry restructuring,' said chief executive Dai Guoyu. 'After the restructuring, they will start to expand their network infrastructure again, especially the 3G network.' Mr Dai ...




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