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  • April 20, 2014
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  1. Party sets sights on creating cross-border financial hub with HK

    Posted Jun 07th 2008, 12:00am by Fiona Tam

    ... Fiona Tam The top priority in Shenzhen-Hong Kong collaboration was to co-develop an international financial hub, according to guidelines adopted by Shenzhen's Communist Party ... highlighted collaboration between the two stock exchanges and suggested preferential policies could encourage Hong Kong financial businesses to move to Shenzhen. The committee put hi-tech sectors ...

  2. Idea of HK-Shenzhen financial zone praised

    Posted Nov 14th 2008, 12:00am by Staff Reporter

    ... industry players applauded the move towards a financial co-operation zone, describing it as a big step forward in the mainland's efforts to open up its financial sector. They said both cities ... Jasmine Wang and Maria Chan Economists hail proposed border precinct A financial co-operation zone between Hong Kong and Shenzhen will be a big step forward, but its success will depend ...

  3. HK firm on enhancing financial centre role

    Posted Apr 01st 2009, 12:00am by Staff Reporter

    ... Maria Chan The Hong Kong government would work with regulators and the financial industry to enhance the city's role as an international financial centre through measures such as improving the listing rules and deepening the bond market, Secretary for Financial Services and the Treasury Chan Ka-keung said. Mr Chan said it was not surprising for Shanghai to aim at becoming ...

  4. 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 ...

  5. Financial chief backs peg even if he doesn't grasp it

    Posted Aug 05th 2008, 12:00am by Jake Van Der Kamp

    ... supplies, prices would go down.' Financial Secretary John Tsang Chun-wah August 3 Scanning the home page of the government's website yesterday morning, I was a little taken aback ... of standing in this community. Then it struck me. Our financial secretary had to assure us that the peg is safe from none other than ... himself. This is obviously a required assurance given his ...

  6. Bureaus' financial records attacked

    Posted Dec 30th 2004, 12:00am by Staff Reporter

    ... tens of millions of yuan. The financial irregularities were committed by the bureaus of science, technology and information, environmental protection, urban management, communications and water ... of government accounts. The Bureau of Science, Technology and Information was found to have mishandled more than 24 million yuan of a government fund set up to support the city's hi-tech industry ...

  7. News - China

    Qianhai economic zone chief says it won't compete with Hong Kong

    Posted Jun 28th 2013, 12:00am by George Chen

    ... But doubts over Qianhai's role and future quickly surfaced in Hong Kong. Some financial industry players consider it the latest threat to Hong Kong's role as a leading financial centre, ... flow of the yuan Plenty of room for Hong Kong in Qianhai The 15-square-kilometre site of the Qianhai special economic zone looks more like a construction site than a booming financial centre. ...

  8. News - China - ECONOMY

    Qianhai experimental zone won't be expanded, says Shenzhen mayor

    Posted Jan 28th 2013, 12:00am by Minnie Chan

    ... financial business, electronic commerce logistics, scientific and technological research, and other specific service industries. Qianhai, Hengqin and Nansha are the three key projects supported ... on modern service industries, Shenzhen Mayor Xu Qin said yesterday. "The current priority for Qianhai will be turning the 15 square kilometres into a high-level, high-quality, and high ...

  9. Business - Economy - ECONOMY

    Qianhai- a small zone with a big role

    Posted Jan 29th 2013, 12:00am by Anita Lam

    ... the last piece of undeveloped land in Shenzhen into a logistics park or a cluster for high-technology industries, but eventually it was decided it would best serve the interests of both Shenzhen and Hong Kong for the district to operate an array of service industries, including finance, logistics, professional services and media as well as the hi-tech industry. The State Council designated ...

  10. News - China - BANKING

    Hong Kong banks may extend yuan loans to firms in Shenzhen's Qianhai zone

    Posted Dec 28th 2012, 12:00am by Sandy Li

    ... a key role in the mainland's financial reforms and further integration with Shenzhen, the HKMA said. In July, some of the largest banks and financial firms in Hong Kong and Japan were among 37 entities that signed a deal to invest in Qianhai. They include HSBC and Hang Seng Bank, the Bank of East Asia and Sun Hung Kai Financial, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui ...




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