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  1. Financial services link Duchy to HK

    Posted Jun 23rd 2010, 12:00am by Martin Donovan

    ... Martin Donovan The bonds between Hong Kong and Luxembourg are steadily increasing thanks to both jurisdictions being centres for the financial services industry. Luxembourgers may be thin ... banks in the country, which is the world's second-largest centre for investment funds after the United States. Much of the money comes from Hong Kong and the mainland and finance industry ...

  2. 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 ...

  3. Dalian Port expects further impact on logistics industry from crisis

    Posted Apr 04th 2009, 12:00am by Eric Ng, Kandy Wong

    ... Kandy Wong and Eric Ng Dalian Port, operator of the mainland's biggest crude oil terminal, expects the global financial crisis to continue to have a deep impact on the logistics industry. The bearish outlook came as the company said net profit increased 27.5 per cent last year to 779.61 million yuan (HK$883.9 million) on the disposal of fixed assets such as property, plant ...

  4. Cinderella industries await their prince

    Posted Oct 27th 2008, 12:00am by Eric Ng

    ... in their complexity. 'As energy conservation virtually involves all industries, it is very difficult to find financial experts who also know the industries well,' he said. In other cases, state banks ... are being tipped to become the next wave of high-growth industries. China, the world's second-largest energy consumer and one of the most pollution-prone economies, has huge opportunities ...

  5. Strong textile industry can weather storm

    Posted Mar 10th 2009, 12:00am by Jacqueline Tsang

    ... Jacqueline Tsang The financial crisis hit the textile industry hard this year as scores of manufacturers in China and across Asia found themselves out of business due to a shortage of orders, particularly from the United States and Europe. However, attendance at the Interstoff Asia Essential fair will be high as those in the industry take the opportunity to form new ...

  6. Relocations, expansion to help industrial sector

    Posted Mar 04th 2009, 12:00am by Staff Reporter

    ... Fulton Mak The industrial property market on the mainland is likely to be supported in the year ahead by relocations aimed at cutting operating costs, and commitments from foreign ... outlook for its construction and mining equipment and large machinery for the utilities and industrial sectors and is sticking to expansion plans announced last month. 'Infrastructure ...

  7. Industrial Bank eyes HK listing

    Posted Jan 26th 2004, 12:00am by Mark O'Neill

    ... emerge as the biggest single shareholder,' an industry source said. Hang Seng's stake is the largest held by a foreign financial institution in a mainland bank. Last year, Newbridge ... Mark O'Neill in Shanghai The plan also calls for a foray into the A-share markets as the lender seeks to double its assets Fujian-based Industrial Bank is planning a listing ...

  8. Spa industry lures players

    Posted Oct 20th 2004, 12:00am by Peggy Sito, Sandy Li

    ... Commission said it had appointed a consultant to study the potential of the industry in May, and the report is expected to be ready by early next May. She said no details about possible locations ... boutique hotel at the top of its hill, offering spa facilities similar to the Banyan Tree. The idea is part of a tourism plan the park will submit to Financial Secretary Henry Tang Ying-yen ...

  9. Help for private sector to make acquisitions overseas

    Posted Aug 02nd 2010, 12:00am by Eric Ng

    ... between China and other countries. It hopes the fund will make 15 to 20 acquisitions within three years. He said many mainland industries were too fragmented since companies lacked funds to expand ...

  10. Guaranteed funds offer investors a stake in the mainland

    Posted Jan 09th 2004, 12:00am by Staff Reporter

    ... a fixed 4.5 per cent first-year interest return. The payout in the remaining four-year term is linked to the performance of a basket of 20 Hong Kong and H shares selected from six industries: telecommunications; consumer and retail; energy and basic materials; banking and financial services; property and conglomerate; and transport and travel industries. ING Investment Management is also launching ...




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