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  • September 22, 2014
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  1. Daewoo Securities plans to open investment bank in Hong Kong

    Posted Jul 13th 2009, 12:00am by Naomi Rovnick

    ... Korea's highly co-operative business culture. 'Daewoo wants to talk to banks and asset managers in Hong Kong before opening the office to make sure there are no mistakes.' The Korean ... Naomi Rovnick Daewoo Securities, South Korea's second-largest brokerage by market capitalisation, is setting up a full-service investment bank in Hong Kong. The brokerage has begun ...

  2. A testing ground for the yuan? Dream on, Hong Kong

    Posted Aug 12th 2010, 12:00am by Jake Van Der Kamp

    ... The yuan can then take its rightful place in the world order. In the meantime, we shall move to a full opening in small steps, among them a gradual expansion of the uses of the yuan in Hong Kong ... the other way round. Aside from allowing Hong Kong people to open yuan accounts in Hong Kong, imagine that we would allow mainland residents to open foreign-currency accounts here. What would ...

  3. Hackers take aim at affluent Hong Kong

    Posted Nov 22nd 2010, 12:00am by Wilson Lau

    ... Wilson Lau Cyber criminals and hackers drawn by Hong Kong's flourishing economy and affluent population are targeting the city, IT security professionals warn. The severity of the problem of unwanted e-mails was highlighted in the MessageLabs Intelligence monthly report in September. Spam accounted for 92.7 per cent of e-mail traffic in Hong Kong up to August, while ...

  4. URA opens its books to reveal a HK$2b profit

    Posted Jun 15th 2010, 12:00am by Joyce Ng, Olga Wong

    ... renewal issues at the University of Hong Kong, said that whether the HK$2 billion surplus exceeded normal profits would depend on the projects' life span and the economic cycles involved. ... Olga Wong and Joyce Ng The Urban Renewal Authority has opened up previously closed records that show it made a net profit of HK$2 billion from eight completed projects in the past five ...

  5. Judge says splitting of shares not prohibited activity in Hong Kong

    Posted Apr 07th 2009, 12:00am by Naomi Rovnick

    ... on the PCCW deal. Smart Jump, a subsidiary of Hong Kong-listed financial firm Willie International Holdings, chaired by Mr Chuang's brother, Henry, bought 14.04 million PCCW shares in December ... PCCW shares to clients to boost the number of people backing the privatisation. But she also ruled this was legal, saying: 'The splitting of shares is not prohibited activity in Hong ...

  6. Zhejiang firms pick Singapore over Hong Kong for listing

    Posted Nov 24th 2003, 12:00am by Mark O'Neill

    ... a listing on a domestic market. The Hong Kong stock exchange opened an office in Beijing last week and the London exchange plans to open one shortly. While New York and London want big-cap state ... on Singapore's stock market rather than in Hong Kong and the province hopes that they will be the first of dozens to list in the city state. The three are Zhejiang 8Telecom, a telecommunications company ...

  7. Surf Hong Kong

    Posted Mar 22nd 2009, 12:00am by David Wilson

    ... David Wilson Hong Kong's internet community is looking more vibrant than ever, with more people trying to become entrepreneurs through the Web as the global economic downturn bites. ... this year. Outblaze also ports Cartoon Network animations online and is developing a Hello Kitty online role-playing game. 6 AirGini (www.airgini.com) Based at the Hong Kong Science Park, the company ...

  8. Deng kept his HK options open in 1979

    Posted Jan 02nd 2010, 12:00am by Gary Cheung

    ... Gary Cheung Deng Xiaoping left open in 1979 the options of taking back Hong Kong in 1997 or allowing the status quo to continue after the expiry of the New Territories lease, according to Britain's declassified record of a meeting between Deng, then China's paramount leader, and Hong Kong governor Murray MacLehose 31 years ago. During the historic talks in Beijing on March 29, ...

  9. UPS to spend US$100m on Hong Kong hub

    Posted Jul 08th 2003, 12:00am by Russell Barling

    ... UPS to pay US$100m on HK hub Global express operator United Parcel Service (UPS) is set to splash out US$100 million to make Hong Kong its hub for trade with Europe, pending regulatory ... additional fifth-freedom rights through Hong Kong in October. The news comes after the carrier's announcement last month that it had moved responsibility for its burgeoning Greater China ...

  10. Business - Companies - ACQUISITIONS

    Buyout firm snaps up HMV Hong Kong for a song

    Posted Mar 01st 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Hong Kong-based buyout firm focusing on the entertainment buys HMV's businesses in Hong Kong and Singapore Buyout firm snaps up HMV Hong Kong for a song AID Partners Capital, a Hong Kong-based buyout firm focusing on the entertainment and media industry, has bought HMV's businesses in Hong Kong and Singapore as well as operating licences ...




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