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  • October 24, 2014
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  1. Business - Comment - LAI SEE

    'Humble Scottish merchant' writes to the Financial Times

    Posted Sep 24th 2014, 06:13am by Howard Winn

    ... Howard Winn We read with interest a letter in the Financial Times last week on the subject of the Scottish referendum. It starts, "Sir, I am a humble Scottish merchant trading in the China Seas. My family has followed this profession for almost 200 years. When we are bearing the sticky heat of China's Pearl River Delta or the tropical rainforests of equatorial Borneo, ...

    http://www.scmp.com/business/article/1599032/humble-scottish-merchant-writes-financial-times
  2. Business - Comment - LAI SEE

    CY says the poor can't vote as we need to protect the rich

    Posted Oct 22nd 2014, 05:21am by Howard Winn

    ... dominate Hong Kong." While he didn't actually say that, it amounted to the same. The Financial Times said that Leung warned of the dangers of populism and insisted the electoral system ... step" that go against improvements in pay structure. Speaking to the House of Lords EU Economic and Financial Affairs sub-committee he said that he hoped authorities would find a better ...

    http://www.scmp.com/business/article/1621635/cy-says-poor-cant-vote-we-need-protect-rich
  3. Business - Comment - LAI SEE

    Could Singapore be one of the 'external forces'?

    Posted Oct 23rd 2014, 06:25am by Howard Winn

    ... is that the dirty tricks department in Singapore had been providing support to undermine a rival financial centre. Unruly scenes of protesters clashing with police, together with pictures of tear gas ...

    http://www.scmp.com/business/article/1622376/could-singapore-be-one-external-forces
  4. Business - Comment - LAI SEE

    The price of allowing triads to harass umbrella movement

    Posted Oct 14th 2014, 04:48am by Howard Winn

    ... and ride system has been fairly straightforward. Drivers parked and then got the ticket stamped at an MTR station to show the train service had been used. Now car parking tickets are being phased ... the Octopus card at a customer service desk to get the discount. This is the case, for example, at Hang Hau, but not at Choi Hung. While this advice is available on the MTR website, ...

    http://www.scmp.com/business/article/1615899/price-allowing-triads-harass-umbrella-movement
  5. Business - Comment - LAI SEE

    MTR linked to company involved in CY Leung payments row

    Posted Oct 11th 2014, 04:09am by Howard Winn

    ... Howard Winn With the dust swirling around Chief Executive Leung Chun-ying's involvement with Australian engineering and property services firm UGL, it is worth noting the company's other links with Hong Kong. UGL, according to its website, has since 2002 had a contract with MTR Corp to maintain a fleet of 120 passenger cars which service the Kwun Tong line. ...

    http://www.scmp.com/business/article/1614046/mtr-linked-company-involved-cy-leung-payments-row
  6. Business - Comment - LAI SEE

    Trying to fake 'one country, two systems' won't work

    Posted Oct 09th 2014, 05:50am by Howard Winn

    ... as Secretary for the Civil Service under Donald Tsang Yam-kuen. He says the present administration has been the worst in safeguarding the city's autonomy. As an example, he cited ...

    http://www.scmp.com/business/article/1612339/trying-fake-one-country-two-systems-wont-work
  7. Business - Comment - LAI SEE

    Umbrella movement heading for an unhappy ending

    Posted Oct 07th 2014, 05:26am by Howard Winn

    ... In a note to clients yesterday CLSA points out that the HSI is trading at a price to book ratio of 1.28 times, which it says is close to the lows it achieved following the global financial crisis. ...

    http://www.scmp.com/business/article/1611003/umbrella-movement-heading-unhappy-ending
  8. Business - Comment - LAI SEE

    Report paints gloomy picture of corporate governance in Hong Kong

    Posted Sep 26th 2014, 05:09am by Howard Winn

    ... partnership structure, which was "inimical to shareholder fairness". Matters declined further with the release of proposals by the Financial Services Development Council to allow more ...

    http://www.scmp.com/business/article/1600496/report-paints-gloomy-picture-corporate-governance-hong-kong
  9. Business - Comment - LAI SEE

    The rapid pace of technology is hollowing out the middle class

    Posted Sep 19th 2014, 05:34am by Howard Winn

    ... head of Radio 3 since 2002 and has led the station's English programming services since 2005, recently turned 60 and has to retire to comply with civil service rules. He will be missed ... station in the world's third biggest financial centre should struggle to sustain a credible English-language finance programme.   Have you got any stories that Lai See should know about? ...

    http://www.scmp.com/business/article/1595538/rapid-pace-technology-hollowing-out-middle-class
  10. Business - Comment - LAI SEE

    SFC's civil action against Citic is a good first step

    Posted Sep 13th 2014, 04:47am by Howard Winn

    ... have confirmed in the past few days is still going on. In 2010, Secretary for Financial Services Chan Ka-keung told the Legislative Council that according to the DOJ, "Since ... or misleading information on Citic's financial position following the whopping losses the company incurred in respect of the leveraged foreign exchange contracts it took out in 2008. The SFC case ...

    http://www.scmp.com/business/article/1591283/sfcs-civil-action-against-citic-good-first-step

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