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  • July 13, 2014
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  1. Asia Financial expects underwriting growth

    Posted Sep 20th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Hong Kong-listed Asia Financial Holdings expects its insurance underwriting income to grow by at least 20 per cent for the year after booking a half-year loss for the first ... earlier. Total investment income turned to a loss of HK$212.5 million during the period from a gain of HK$258.4 million. 'While a net loss is unprecedented for Asia Financial, shareholders ...

  2. Protection must extend to financial investments

    Posted Jul 28th 2010, 12:00am by Staff Reporter

    ... such as Hong Kong. The law has two primary goals: to make the American financial system more robust to shocks and to offer better protection for consumers of financial products and services ... by banks and other financial services companies, particularly with mortgages and credit cards. Meanwhile, as an opening salvo, a revamped US Securities and Exchange Commission will force mutual ...

  3. Legend mulls big move into financial services

    Posted Mar 15th 2008, 12:00am by Denise Tsang

    ... Denise Tsang in Beijing Legend Holdings, the parent of the world's No3 computer maker Lenovo Group, will be investing in the mainland's rapidly growing financial services sector ... Chuangzhi, Legend's chief executive. Without revealing the type of financial services the group is looking at until an investment plan is finalised in June, Mr Liu said the move would offer ...

  4. Hedge funds get rich on the back of the world's financial blunders

    Posted Nov 26th 2011, 12:00am

    ... incentives and culture are ultimately less flawed than those of other financial institutions.' In Mallaby's view, 'whereas large parts of the financial system have proved too big ... Unfortunately, in any financial crisis, the government would be blamed and would have to pay, irrespective of heavy or light regulation. While hedge funds are not of public concern if they remain small, ...

  5. HK to work on law to attract fund houses

    Posted Oct 06th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong is proposing law changes to encourage more funds to incorporate in the city. The aim is to enhance its standing as an international financial centre. Secretary for Financial Services and the Treasury Chan Ka-keung said yesterday new regulations were needed to attract more fund houses to domicile in the city, instead of the more popular Luxembourg or Dublin. ...

  6. Allianz likely to launch monthly savings plan

    Posted Jul 27th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu Allianz Global Investors plans to introduce regular monthly savings plans for Hong Kong customers, according to Frank Klausfelder, the company's newly appointed Greater China head. 'Investors who lost money in the financial crisis are now demanding investment products with lower risk levels and stable returns. Regular savings plans would suit ...

  7. Funds expecting earnings-led rally

    Posted Dec 16th 2009, 12:00am by Amanda Lee, Toh Han Shih

    ... Toh Han Shih and Amanda Lee The rebound in Hong Kong's fund industry this year will continue, but next year's improvement will be driven by better company earnings and fundamentals rather than liquidity, according to industry players. The Hang S ...

  8. 'Outsourcing the way forward'

    Posted Nov 07th 2009, 12:00am by John Cremer

    ... the Singapore-headquartered firm is primarily looking to sign up independent financial advisers (IFAs) as clients, but has also seen recent interest from a number of private banks. The service provided includes ... standard of service for clients, the Institute of Financial Planners of Hong Kong advocates six procedural steps. These are: Taking the time initially to establish a good relationship between ...

  9. Financial adviser guilty of cheating investor

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

    ... Loretta Fong A British financial adviser was found guilty of cheating a City University professor by investing his money in a fund she had not told him about and giving him false information about the value of his portfolios. Pauline Ellen Cousins, 66, had helped Dr Lindsay James Miller buy shares in Microsulis costing HK$1.75 million. ...

  10. Lai See

    Posted Jun 23rd 2009, 12:00am by Ben Kwok

    ... In the 1990s, financial services bosses prattled rubbish including 'thinking outside the box', 'imagineering' and that horror of horrors, 'gaining traction'. ... his father a gift last weekend. They went to a bank and picked an insurance-linked product that offered a 3 per cent return. No one really needs to spend time lining up to buy any financial ...




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