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  1. GE Money eyes bank to move into retail market

    Posted Oct 28th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong It is also weighing being a branch of a foreign lender to transform itself into a financial services company Consumer finance specialist GE Money may acquire a local bank to help transform itself into a fully fledged financial services company, according to president and chief executive Kasem Taechawatanathorn. Alternatively, GE Money, one of the city's 26 ...

  2. New World, OOIL tap into buoyant market liquidity

    Posted Feb 14th 2004, 12:00am by Peggy Sito, Russell Barling

    ... to capitalise on a buoyant stock market and plentiful liquidity with two firms yesterday confirming substantial sales of new shares. New World Development raised HK$5.2 billion through a rights issue ... purchase war chest. OOIL, which has benefited from a booming global shipping market, has committed to US$307 million in new vessel orders since July last year, indicating that fresh capital ...

  3. Economic imperialists undermine free market principles

    Posted Jul 18th 2005, 12:00am by Wang Xiangwei

    ... looks increasingly fragile, no matter whether it further raises the purchasing price or offers more financial incentives to Unocal shareholders. CNOOC has become a pawn in the hands of some US congressmen and politicians seeking to heighten fears of a China threat. Washington politics have replaced free market principles as the key factor driving the debate over CNOOC's bid. ...

  4. China Mobile helps lift market from doldrums

    Posted Mar 15th 2005, 12:00am by Staff Reporter

    ... sidelined ahead of Financial Secretary Henry Tang's annual budget presentation tomorrow. 'The budget is expected to be neutral, but it could contain some positive news with regard to where the economy is heading,' said Peter Lai Wing-leung, director of sales at DBS Vickers Securities. Fourth-quarter gross domestic product data is due for release after the market closes tomorrow ...

  5. Static electricity

    Posted Apr 15th 2005, 12:00am by Nick Gentle

    ... a maximum 15 per cent return on fixed assets. Tariffs and technical and financial performance are reviewed annually and there are allowances for periodic reviews of the agreement every five years. The current agreement expires in 2008, and what shape the market will take after that is a topic of hot debate. Should it stay the same? Should the terms of the agreements be shortened to allow more ...

  6. Lai See

    Posted Jul 21st 2004, 12:00am by Staff Reporter

    ... and honesty. He noted that he not only survived the Asian financial crisis, but the Hopewell Holdings chairman also insisted on repaying every one of his debts without recourse to a single ... equal to about half the company's market worth before its suspension. The company's annual report last year has a few other gems in it as well: Its highest-paid director took home up ...

  7. Bank confident of keeping UFJ links

    Posted Sep 04th 2004, 12:00am by Enoch Yiu

    ... of Asia Financial. But Mr Chan is confident the Japanese tie-up will endure: 'Japanese investors are interested in the mainland market, which is now opening. It is natural for the Japanese ... and an agreement would be made to that end this year. It would be Asia Financial's first foray into the mainland market. ...

  8. Dah Sing shareholders undecided on prospects for banking spin-off

    Posted Jun 12th 2004, 12:00am by Staff Reporter

    ... Nichole Chan Some Dah Sing Financial Holdings shareholders are finding it tough to decide what to do with their holdings ahead of the spin-off of its banking unit, Dah Sing Banking Group. They are weighing up whether to continue holding Dah Sing Financial shares or switch to the spin-off unit. 'I am still not sure what to do with the holdings, I haven't made up my mind yet, ...

  9. Lai See

    Posted Aug 07th 2004, 12:00am by Ben Kwok

    ... with Ben Kwok if at first you don't succeed, just change your allegiance China National Offshore Oil Corp (CNOOC) chief financial officer Mark Qiu Zilei has come a long way since his ... Seng Bank is allowing buyers to settle their monthly payments through their credit card accounts, with a special interest rate of Prime minus 4.5 per cent compared with current market rate ...

  10. Minsheng dithers over listing amid market uncertainty

    Posted Jun 08th 2005, 12:00am by Staff Reporter

    ... Anette Jonsson Doubts hung over the planned Hong Kong listing of China Minsheng Banking Corp yesterday as unpredictable market conditions and a flood of sizeable new issues threatened ... $7.25 to $9.25 range. Sources also said that R&F Properties Group was likely to put its initial public offering on hold as new government measures to cool the mainland property markets ...




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