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  • September 21, 2014
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  1. Business - Money

    China shares fall in sharp reversal, Hang Seng slips

    Posted Jan 24th 2013, 05:28pm by Reuters in Hong Kong

    ... Apple suppliers hit by disappointed quarterly revenue results Hong Kong shares slipped for a second-straight day on Thursday, falling further away from chart resistance that had stymied ... profit on recent outperformers, triggering a sharp intra-day reversal that left benchmark indexes vulnerable to further losses in the near term. Weakness in mainland markets dragged on Hong Kong ...

    http://www.scmp.com/business/money/markets-investing/article/1135226/china-shares-fall-sharp-reversal-hang-seng-slips
  2. Business - Companies

    Graft trial adjourns for billionaire Kwok brothers

    Posted Oct 12th 2012, 12:53pm by Reuters in Hong Kong

    ... The billionaire Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case ... corruption in the government and police. Thomas and Raymond Kwok run Sun Hung Kai Properties, the world’s second-largest property developer by stock-market value. The Kwok family is Hong Kong ...

    http://www.scmp.com/business/companies/article/1059470/hong-kongs-billionaire-kwok-brothers-face-court-graft-charges
  3. Business - Money

    Asian markets slump due to fears over central bank stimulus

    Posted Jun 13th 2013, 05:39pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asian markets dived Thursday, with Tokyo’s Nikkei losing more than six per cent, while the dollar hit 10-week lows against the yen on expectations ... cent since hitting its peak last month, putting it in a bear market. Hong Kong shed 2.19 per cent, or 467.62 points, to end at 20,887.04 while Sydney ended 0.61 per cent lower, giving up 28.7 ...

    http://www.scmp.com/business/money/market-snapshot/article/1260001/asian-markets-slump-due-fears-over-central-bank
  4. Business - Companies

    CK Life Sciences buys top Australian salt producer

    Posted Nov 29th 2012, 03:13pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asia’s richest man Li Ka-shing is buying Australia’s largest salt producer Cheetham Salt in a deal worth US$157 million, a subsidiary of his Cheung Kong ... Kong Life Sciences chief executive officer Kam Hing-lam said in a statement. CK Life Sciences, chaired by Li’s eldest son and heir to his Cheung Kong conglomerate, Victor, is involved ...

    http://www.scmp.com/business/companies/article/1093823/ck-life-sciences-buys-top-australian-salt-producer
  5. Business - Comment - THE VIEW

    Building blocks needed in Hong Kong's political development

    Posted Sep 16th 2014, 02:59pm by Richard Wong

    ... Kennedy Wong Professor in Political Economy at the University of Hong Kong ... The political reform framework decided by the Standing Committee of the National People's Congress has evoked strong reactions in Hong Kong. The pan-democrats have denounced it as undemocratic ...

    http://www.scmp.com/comment/insight-opinion/article/1593825/building-blocks-needed-hks-political-development
  6. Business - Economy - THE VIEW

    Markets more focused on what Hong Kong could lose than universal suffrage

    Posted Aug 28th 2014, 12:47pm by RICHARD HARRIS

    ... Kong can elect its mayor by universal suffrage- universally meaning "one man, one vote", will not Beijing and Shanghai want the same? This is not to say that Hong Kong people should ... Richard Harris Hong Kong's stability and thriving economy can only be maintained if its rule of law and global governance standards are upheld in the long run Balancing interests I am ...

    http://www.scmp.com/business/economy/article/1581411/markets-more-focused-what-hong-kong-could-lose-universal-suffrage
  7. Business - Money - IPO WATCH

    For Alibaba, Hong Kong friendships really do matter

    Posted Sep 15th 2014, 04:40am by Ray Chan

    ... Ray Chan E-commerce giant a role model for Chinese companies in dealing with Western investors At Alibaba, friends in Hong Kong really do matter Over lunch last week, a beleaguered fund manager asked IPO Watch whether the high-flying listing hopeful Alibaba would skip meetings with potential investors in Hong Kong. While it may have snubbed the city as a listing candidate, ...

    http://www.scmp.com/business/money/markets-investing/article/1592716/alibaba-hong-kong-friendships-really-do-matter
  8. Business - Economy - THE VIEW

    Way to help Hong Kong's elderly poor

    Posted Sep 10th 2014, 04:05am by Richard Wong

    ... challenge, especially for those without means. Richard Wong Yue-chim is Philip Wong Kennedy Wong Professor in Political Economy at the University of Hong Kong ... discussions of old age retirement support have always been confusing because they involve two concerns: alleviating poverty and getting votes (or building political support). In Hong Kong ...

    http://www.scmp.com/business/economy/article/1588912/way-help-hong-kongs-elderly-poor
  9. Business - Comment - THE VIEW

    Fight against universal suffrage is all about money

    Posted Sep 01st 2014, 04:21am by Peter Guy

    ... Kong's economy and industry. It was always about money. Speaking in Hong Kong last week, Wang Zhenmin, a dean of Tsinghua University Law School and a former member of the Basic Law Committee who ... With cruelty and irony, our city's media accurately reflects the gaping divide between the oligarchs who own Hong Kong and the citizen serfs who must dwell within the walls of this city. Every ...

    http://www.scmp.com/business/article/1582402/fight-against-universal-suffrage-all-about-money
  10. Comment - Insight & Opinion - JAKE'S VIEW

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... payments is the mortgage interest rate. But it is not our own commercial bankers in Hong Kong or even our Monetary Authority that sets the mortgage rate. The whole interest rate structure of our ... consumer products to financial assets, most notably the homes of these same consumers. The academics in power in the European and US central banks just refuse to see it, however. University ...

    http://www.scmp.com/comment/insight-opinion/article/1586672/distant-central-bankers-drive-home-prices-hong-kong

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