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  • August 21, 2014
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  1. HK's appeal as financial hub grows

    Posted Aug 24th 2007, 12:00am by Alex Baker

    ... rate of 137 per cent. The outlook now is for more of the same, it added, with the two main markets in Asia (ex-Japan)- China and India- still growing strongly. The Hong Kong stock market ... of people earning more than HK$15,000 per month increased by 263,600 between 1997 and 2006.' The single largest job loser over the past decade was the manufacturing industry, as the relocation ...

  2. Your money- Tony Woo Yik-man

    Posted May 02nd 2007, 12:00am by Michelle Chan

    ... I worked as a junior designer and met with clients. It was only after I started university that I invested HK$100,000 and became one of two partners. YP: How did you have enough money to invest? W: ... and invested in the stock market. So I had enough money to invest. YP: What does your company do? W: We are a design consultant. We do background analysis and highlight problems on our clients' ...

  3. Echoes of slavery as HK wastes time over wage issue

    Posted Dec 07th 2006, 12:00am by Staff Reporter

    ... a minimum wage are those who have never tried to survive on HK$3,000 to HK$4,000 a month. Their argument includes the claim that it would be bad for business. It should be countered by saying ... to their quality of life. The government needs to legislate and introduce a minimum wage of, say, HK$15,000 a month. And to those who laugh this figure off as too high, we could pay for it by introducing ...

  4. HK people are world's most worried workers

    Posted May 06th 2004, 12:00am by Joseph Lo

    ... demoralised by the high unemployment rates of the past two years, while the stock market rally and rebound in property prices had not helped improve employment sentiment. He said sentiment had also ...

  5. More MPF providers weigh cuts in fees

    Posted Sep 08th 2007, 12:00am by Enoch Yiu

    ... said the cut would save employees paying in the maximum HK$1,000 a month a total of HK$22,836 over 20 years. Bank Consortium Trust, the fifth-largest MPF provider, cut its CPF fee from 1.5 per ... Consortium Trust were the first since the MPF was launched and employees and employers were required to contribute 5 per cent of salaries up to a ceiling of HK$1,000 a month. The cuts will benefit ...

  6. Social security funds illegally spent on stocks, court finds

    Posted Jun 21st 2007, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai Shanghai has found that government and state company officials illegally funnelled more than 6 billion yuan into the stock market in the past four years, ... security was diverted to the stock market from 2003 to last year, according to a court statement made available yesterday. Judge Zou Bihua was quoted by state media as saying that amount was part ...

  7. 25pc pay rise for directors

    Posted Feb 15th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong Exchanges and Clearing's board yesterday proposed a 25 per cent pay rise for all its 12 non-executive members, boosting their annual remunerations to HK ... the director remunerations of other stock exchanges. 'Compared with other markets, the local exchange operator's directors are poorly paid,' the source said. Shareholders will also vote ...

  8. Global stocks rally boosts pension funds

    Posted Jul 09th 2003, 12:00am by Enoch Yiu

    ... Strong stock market performances worldwide helped Hong Kong's 300 or so pension funds achieve an average return of 10.4 per cent in the second quarter - the best quarterly result ... for the retirement-fund market. 'Retirement funds have recorded three years of negative returns as markets suffered after the global sell-off in equities,' he said. Stock markets benefited from improved ...

  9. HK slows down, but still growing

    Posted Apr 06th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Hong Kong's economy grew last month, though at a slower pace than February, according to HSBC's Purchasing Managers' Index (PMI). The HSBC Hong Kong PMI, an indicator of the health of the private sector, wa ...

  10. Worst is 'almost over for HSBC in HK'

    Posted Feb 28th 2012, 12:00am

    ... cuts in the city than the 3,000 originally estimated. At the same time, the banking group said chief executive officer Stuart Gulliver received GBP6.6 million (HK$81 million) in actual pay, ...




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