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  1. Business - Banking & Finance - MR. SHANGKONG

    Will the dealmakers go to Shanghai's financial centre?

    Posted Oct 07th 2013, 12:00am by George Chen

    ... and of course the rule of law. But are we missing a basic requirement- people? I am not just talking about how experienced financial industry workers can turn the small town of Lujiazui in Shanghai, China's so-called Wall Street, into a true international financial centre. I am more interested in the inflow of dealmakers and financial industry stakeholders from all over the world. If you work ...

  2. Financial services chief would do better lobbying closer to home

    Posted Oct 12th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Professor Chan, please don't get on the wrong plane. Secretary for Financial Services and the Treasury Chan Ka-keung last week said he was heading for London in November to promote Hong Kong as an international financial centre. But fund managers say Chan seems to have bought the wrong tickets as Beijing is where he should go to promote the local fund industry ...

  3. SMEs heading for financial collapse, Beijing warned

    Posted Jul 22nd 2011, 12:00am

    ... urging the central government to take concrete measures to help the ailing sector. The All China Federation of Industry and Commerce, the official chamber of commerce for non-state companies, has ... SMEs have been hit hard by Beijing's credit tightening and that their predicament is 'even worse than in 2008' when the global financial crisis began. Huang Mengfu, ...

  4. Financial crisis keeping tourists away from the mainland

    Posted Oct 23rd 2008, 12:00am by Staff Reporter

    ... Stephen Chen The global financial turmoil is taking its toll on the mainland's tourism industry, with the number of overseas visitors dropping significantly last month. The numbers were down by more than 15 per cent from the same month last year, National Tourism Administration data shows. The mainland tourism industry had been preparing for a big autumn to make up ...

  5. Beijing eases financial terms for developers

    Posted May 28th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Beijing has lowered capital requirements for residential property developers, taking a new step to spur the housing market by easing financial terms for builders, ... housing projects. The State Council said the new rule, which took effect on Monday, was aimed at expanding domestic demand and maintaining sustainable development during the global financial ...

  6. Industrial growth to slow again

    Posted Oct 27th 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Growth in industrial output is likely to slow further this quarter as firms cope with rising costs fuelled by a stronger yuan and weakening global demand caused by the euro zone debt crisis, the Ministry of Industry and Information Technology says. But this year's industrial growth will still meet the government's target of 11 per ...

  7. Property, financial stocks dive over tightening fears

    Posted Dec 18th 2007, 12:00am by Sandy Li

    ... the effectiveness of the austerity measures.' Meanwhile, financial stocks also suffered with Industrial Bank losing 3.89 yuan to 46.86 yuan. Industrial and Commercial Bank of China fell 32 fen to 7.67 ... Sandy Li and Natalie Chiu Rates and stricter lending worries spark sell-off in markets Mainland property and financial stocks tumbled yesterday over concerns the central government ...

  8. Beijing refuses to relax grip on yuan, financial services

    Posted Dec 14th 2007, 12:00am by Tom Miller

    ... tight grip on the financial services industry and remained averse to allowing foreign competition into the market. 'These are diversionary tactics. If they said they would allow 100 per ... Tom Miller in Xianghe US companies allowed to list on mainland bourses Beijing refused to bow to US pressure to loosen its grip on currency controls and open its financial services sector ...

  9. Cleaning up murky financial waters

    Posted Apr 12th 2006, 12:00am by Hu Shuli

    ... lake and wetland area in northern China, was suffering severe ecological decline due to water pollution. The cause was not an industrial catastrophe but a slower, chronic wasting, due to dried and diverted rivers, over-fishing, illegal construction- and, most of all- massive dumping of untreated industrial waste water and sewage. There was a dark irony, given that a key policy item ...

  10. History shows way for industry 'thinker'

    Posted May 01st 2006, 12:00am by Cary Huang

    ... time,' Mr Feng said. Vantone is now among the most financially healthy mainland developers, while some rivals are in financial difficulty due to the tightening of credit for developers. Mr Feng ... as many of his ideas and experiments have become trends in the industry. The company, started with a registered capital of 800 million yuan, is the third largest developer in mainland in terms ...




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