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  1. Sinopec manager has job put on ice over drinks bill

    Posted Apr 16th 2011, 12:00am

    ... and bottles of the prestigious spirit Maotai. Lu Guangyu, general manager of the Guangdong branch of China Petroleum and Chemical Corporation, was suspended from duty while he co-operates with the investigation, Xinhua reported. Xia Yufei, deputy general manger of the group's petrol sales department, has been placed in temporary charge of the branch. Lu was suspended after a public outcry ...

  2. BEA in talks to buy asset manager stake

    Posted Jul 25th 2008, 12:00am by Paggie Leung

    ... Paggie Leung in Shenyang and Ren Wei in Shanghai Bank of East Asia is in talks to buy a stake in a mainland asset management company to further expand in the rapidly growing wealth management market. Brian Li Man-bun, a general manager and head of the lender's wealth management division, in Shenyang yesterday said that the bank had a short-list of potential targets but did ...

  3. Ping An buys 50pc of Fortis asset manager

    Posted Mar 20th 2008, 12:00am by Enoch Yiu

    ... billion (HK$25.36 billion) for a 50 per cent stake in the global asset management arm of Belgian financial conglomerate Fortis. The mainland's second-largest insurer yesterday said it had signed a memorandum of understanding with Fortis to acquire the stake in Fortis Investment Management, which has a portfolio of about Euro133 billion. Last year, Ping An bought 4.99 per cent ...

  4. Stocks tumble on weak output data Stocks tumble on weak mainland output data

    Posted Nov 24th 2011, 12:00am

    ... the psychological 18,000-point mark for the first time in a month. 'The drop in the PMI surprised the market,' AMTD Financial Planning general manager Kenny Tang Sing-hing said. 'Investors ... in 32 months in the first three weeks of this month. Output contracted for the fourth month in five, a preliminary purchasing managers' index released by HSBC and Markit showed yesterday. ...

  5. Bank of China right to be careful as it builds wealth management

    Posted May 04th 2010, 12:00am by Enoch Yiu

    ... mainland banks are stepping up efforts to build fund management arms as part of the strategy to expand their wealth management businesses. Bank of China (Hong Kong) is the latest mainland-backed lender to set up a fund management business after China Construction Bank Corp and Industrial and Commercial Bank of China did so. It has hired veteran fund manager Au King-lun, who began working ...

  6. Personal Banking Manager

    Posted Feb 26th 2010, 12:00am by Staff Reporter

    ... www.icbcasia.com for details. To apply, please send a full resume including present and expected salary, to the Human Resources Manager, GPO Box 872 Hong Kong or e-mail to hrd@icbcasia.com ICBC (Asia) is a licensed bank incorporated in Hong Kong with its shares listed on the Stock Exchange of Hong Kong. It has 44 branches, nine 'Elite Club' Wealth Management Centres, four commercial ...

  7. Half of fund managers see global economy bottoming out this year

    Posted Jan 09th 2009, 12:00am by Nick Westra

    ... Wong Ka-chun and Nick Westra About half of international fund managers expect the global economy to bottom out in the second half of this year, thanks to the recent rebound in stock ... advantage in attracting investors given its relatively fair valuation compared with the previously tough times in 1997 and 2003,' said Kelvin Yip, a research manager at fundsupermart.com. He ...

  8. PetroChina to manage Daqing Petroleum

    Posted Jun 26th 2007, 12:00am by Eric Ng

    ... PetroChina will take over the management of parent company China National Petroleum's refining and petrochemical assets in Daqing, Heilongjiang province, which may lead to their injection into the listed company. The management of Daqing Petroleum and Chemical will be transferred to PetroChina from July 1. No figures have been disclosed except that Daqing Petroleum has 6.5 ...

  9. Leading bank looks for high-calibre managers

    Posted Jun 10th 2006, 12:00am by Elizabeth Horscroft

    ... Those having an aptitude for finance and an interest in opportunities in the mainland will flourish in a new sub-branch manager development programme offered by a local bank. Hang Seng Bank needs 10 candidates from Hong Kong and the mainland to train as sub-branch managers in a scheme that can last up to a year. The bank aims to develop a pool of high-calibre staff to support ...

  10. Ping An, UOB in fund management venture

    Posted Dec 27th 2007, 12:00am by Tom Miller

    ... Tom Miller Ping An Securities will set up a fund management joint venture with UOB Asset Management, a unit of Singapore's United Overseas Bank, the China Business News reported yesterday. Ping An Insurance (Group), the parent of Ping An Securities, has long been keen to establish a fund management arm to complement its insurance, securities, banking and trust businesses. ...




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