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  • April 18, 2014
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  1. Lai See

    Posted Jun 21st 2011, 12:00am

    ... prices may fall by as much as 15 per cent... we have already seen the peak,' he told Bloomberg. This must be the first time in his working life that the former chairman of Sun Hung Kai Properties has gone public with such views. For years he has routinely said, when asked by the press, that he expects the property market to rise 10 to 15 per cent. His change of heart may ...

  2. Keeping it in the family can be a challenge

    Posted Aug 04th 2007, 12:00am by Enoch Yiu

    ... them.' In some cases this could have a positive long-term impact as outside professionals are brought in to run operations, as in Britain and the United States, he said. Yeung Kwok-keung, founder ... businesses consider reputation to be of the utmost importance and are willing to go to all lengths to keep their business running in tough times.' he said. 'This may explain why they can ...

  3. Land scandal threatens to engulf Country Garden

    Posted Nov 26th 2007, 12:00am by Peggy Sito

    ... the same unsourced refrain of a 'rags to riches' story of how he grew up in barefoot poverty in Guangdong province, where he was a farmer and bricklayer before becoming a developer in the early 1990s. The prospectus for the Country Garden share issue said Mr Yeung graduated from the School of Economic Management of Jinan University. From 1992 to 1997, he was the general manager ...

  4. Banks struggling to attract deposits

    Posted May 30th 2012, 12:00am

    ... of the difference between banks' interest income and the amount of interest paid to lenders, relative to their assets. Bank of China (Hong Kong) chief executive He Guangbei said yesterday ... 40-50 basis points in the second half of last year. Overall loan demand in Hong Kong slowed in the second half, putting downward pressure on lending rates, he said. Yuan deposits have been ...

  5. Lai See

    Posted Mar 26th 2008, 12:00am by Ben Kwok

    ... made 46.16 million yuan (HK$51.14 million), whereas Mr Green made #3.01 million (HK$46.75 million). Mr Ma's package excluded a HK$20 million payout, which he chose to donate to the China ... his monthly take-home pay of 2,143 yuan for public viewing, claiming it was so low that he felt he was losing face among his colleagues. But most other internet users doubted ...

  6. Heavy debts no problem in Tianrui's HK debut

    Posted Dec 24th 2011, 12:00am

    ... million net proceeds from its IPO, and 15 million SPT shares changed hands. SPT would make acquisitions in China and overseas, chairman Wang Guoqiang said, without elaborating. ...

  7. City's 'father of design' tells how he became a craftsman of note

    Posted Jan 13th 2008, 12:00am by Enoch Yiu

    ... You're likely to find banknotes in it that he designed. Unlike other countries, where the government determines the design of its currency, Hong Kong allows the three note-issuing banks - HSBC, ... decades. Dubbed the 'father of Hong Kong design', he put renderings of the two lion statues in front of the Hongkong and Shanghai Banking Corporation in Central on the banknotes issued ...

  8. Business - Companies - ENVIRONMENT

    Merchants step up protest over Cathay Pacific's shark fin cargo ban

    Posted Sep 20th 2012, 12:00am by JOANNA CHIU

    ... Leung said he believed shark fin harvesting would not threaten the population. "It is nonsense that fishermen will cause the extinction of shark species," he said. "The ban ...

  9. Business - Money - THE INSIDER

    Buys down for a third week as bosses hold on to shares

    Posted Aug 13th 2012, 12:00am by Robert Halili

    ... of HK$33.16 each. The stock closed at HK$28.65 on Friday. Chairman Poon picked up where he left off in luxury goods retailer Dickson Concepts (International) in April with 728,000 shares purchased on August 6 at HK$4.19 each. The trade increased his holdings to 153.535 million shares, or 41.24 per cent. He previously acquired 3.39 million shares on April 17 at HK$4.09 each. The purchases ...

  10. Property - Hong Kong & China - LAND SALE

    Cheung Kong's aggressive bid for Tsuen Wan site boosts sentiment

    Posted Aug 15th 2012, 12:00am by Yvonne Liu

    ... housing, and this had eased the concerns of developers. "But he will build more public and subsidised housing since his target is to help first-time buyers, who are not potential buyers of new ... Valuation and Professional Services, said he believed developers would now become more active as the uncertainty in the property market had cleared. "Sites were sold for cheaper prices ...




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