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  • September 23, 2014
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  1. Business - Comment - LAI SEE

    Wild ride for Hang Seng Index in the Year of the Horse

    Posted Jan 23rd 2014, 01:13am by Howard Winn

    ... Howard Winn What does the Year of the Wood Horse hold for the Hang Seng Index? It's going to be a wild ride with plenty of upside, according to CLSA's annual Fung Shui Index ... points over the next 12 months, which is a gain of 21 per cent over yesterday's close. CLSA, as usual, is at pains to stress the index is strictly tongue-in-cheek and not to be taken ...

  2. Business - Comment - LAI SEE

    Hang Seng Bank's solution to the UnionPay problem

    Posted Jan 16th 2014, 11:34pm by Howard Winn

    ... Howard Winn Readers may recall that last year we had occasion to write extensively about HSBC's ATM card and the UnionPay fiasco. Today we are revisiting the story but it is Hang Seng ... the Cirrus and Plus networks, and these seem to be working okay. But we have recently heard from a reader with Hang Seng who complains that the bank's ATM card is only linked to the UnionPay ...

  3. Business - Comment - LAI SEE

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

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

    ... Howard Winn The decision by the Securities and Futures Commission to take action against Citic comes as a welcome surprise. It's welcome because this case has been hanging around for way too long, and it's a surprise as Lai See always believed that this case would never see the inside of a courtroom given the political sensitivities involved. The SFC's case ...

  4. Business - Comment - LAI SEE

    HKEx still feels the pain of losing Alibaba to the United States

    Posted Aug 08th 2014, 04:28am by Howard Winn

    ... Asia Job Index tracks advertisements for professionals. These grew 28 per cent in the first half of the year compared with the same period last year. In Hong Kong job adverts for legal ...

  5. Business - LAI SEE

    Solution found for US chicken and egg problem

    Posted Jul 10th 2014, 04:55am by Howard Winn

    ... no female chief executives running listed companies. However, we overlooked Rose Lee Wai-mun, who has been vice-chairman and chief executive at Hang Seng Bank since May 2012. Indeed her first day ...

  6. Business - Comment - LAI SEE

    MTR saga highlights governance and accountability issues

    Posted Jul 18th 2014, 02:16am by Howard Winn

    ... shall we say, conservative with the truth. However, the government does not want another high-profile departure from its ranks so is hanging on to him. But clearly the government's ...

  7. Business - Comment - LAI SEE

    Hong Kong only has two good think tanks, global index shows

    Posted Feb 06th 2014, 04:24am by Howard Winn

    ... of public policy research organisations," according to its introduction. In 2007, the organisation developed and launched the global index of think tanks, which is designed to identify ...

  8. Business - Comment - LAI SEE

    Is 'one country, two systems' Hong Kong's driving force?

    Posted Nov 14th 2013, 02:27am by Howard Winn

    ... After all, one of the factors in the recent rise of the A-share markets and our own Hang Seng Index was, dare we say, the hype surrounding the third plenum. However, judging ... Shanghai Index) fell 2.2 per cent- its heaviest loss in four months. But these indices do not tell the whole story. Although the mainland markets fell, defence and surveillance stocks rose sharply, ...

  9. Business - Comment - LAI SEE

    Hong Kong tops wealth concentration table

    Posted May 31st 2014, 12:56am by Howard Winn

    ... Howard Winn It is interesting but not wholly surprising to see that Hong Kong has topped another index which it may not be so proud of. It leads the rankings of an analysis which shows the wealth of the uber-rich as a proportion of an economy's gross domestic product. According to a Bank of America Merrill Lynch report, the net worth of Hong Kong's billionaires in 2013 ...

  10. Business - Comment - LAI SEE

    Beijing does not have the most polluted air in the world

    Posted May 13th 2014, 01:03am by Howard Winn

    ... the US. Singapore was the most expensive place to buy a car, while Hong Kong the most expensive to rent an office. Deutsche revised their three indices, The Weekend Gateway Index, The Cheap Date Index, and the Graduate Recruitment Index. Thus Kuala Lumpur and Mumbai were the cheapest places for a weekend holiday while Sydney was the most expensive. Apparently it is cheaper to spend ...




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