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  1. Banking and investment services lead in 16pc ad spending surge

    Posted May 21st 2010, 12:00am by Staff Reporter

    ... share, outdoor advertising 9.52 per cent, radio 3.99 per cent and online 3.65 per cent. The banking and investment services sector remained the top group in terms of advertising spending, admanGo ... Chartered Bank and UA Finance. Although five sectors were ahead of it in admanGo's rankings, the property and real estate sector posted the largest year-on-year increase in spending at 58 per ...

  2. Bank Muscat plans mainland investment

    Posted Oct 06th 2008, 12:00am by Staff Reporter

    ... investments in second-tier mainland banks, sources said. Foreign banks have long been attracted to the mainland's large and growing financial sector but are limited to a 20 per cent stake ... foothold in China. But the H-share banks all have significant tie-ups and the most recent foreign investment has been in the city commercial banks,' said Alexander Lee, a bank analyst ...

  3. Bank accused of duping client into investment

    Posted Jan 01st 2009, 12:00am by Staff Reporter

    ... Peter Brieger Hang Seng Bank Limited has been sued over claims a senior executive improperly instructed a client to sign English documents that put his HK$8 million savings in a high-risk investment. According to the writ, a former vice-president of private banking told Zheng Weiqiang the documents, which he could not read, concerned a risk-free loan application. He was later told he ...

  4. HK banks go quiet as customers stick with the safest investments

    Posted Sep 28th 2008, 12:00am by Enoch Yiu

    ... quiet, promoting banks to mull other ways to maintain their fee income from investment product sales. Before the recent turmoil, a growing demand from affluent bank customers prompted major banks ... as well as insurance with a steady income stream, would be appropriate to customers. Some banks have gone back to basics by offering clients the most traditional investment- time deposits. ...

  5. 'I hate the banks. They kept on asking me to buy different investments'

    Posted Oct 12th 2008, 12:00am by Staff Reporter

    ... will be tempted. I started buying stocks in 2004. I hate the banks. Their staff saw my savings and kept on asking me to buy different kinds of investment products.' He ended up buying different accumulators, stocks and other funds and has lost nearly 90 per cent of his original investment. 'My wife knows nothing about stocks and she invests in the market, too.' ...

  6. Chinese puzzle as bank invests in Barclays

    Posted Jul 24th 2007, 12:00am by Tom Miller

    ... as an alternative investment vehicle to the new State Investment Company, while others say it is another step in its journey to become a fully fledged commercial bank. CDB's 'strategic ... Minmetals' copper mining projects in Chile. The bank is financing a new US$5 billion investment fund to 'support Chinese enterprises in developing co-operation with Africa and investing ...

  7. Shenzhen Investment earmarks HK$2.5b to expand land bank

    Posted Sep 13th 2007, 12:00am by Staff Reporter

    ... Jasmine Wang Shenzhen Investment, the property arm of the Shenzhen government, will spend about HK$2.5 billion in the next five to 10 weeks to boost its land reserves, chairman Hu Aimin ... in southern China. Shenzhen Investment yesterday reported that first-half profit soared 810 per cent to HK$701 million from HK$77 million a year ago. Included in the profit are gains of HK$453 million ...

  8. Bank turns its back on Japanese investment

    Posted Jun 15th 2006, 12:00am by Staff Reporter

    ... million investment from Bank of Tokyo-Mitsubishi over business and political concerns. Bank chairman Qin Xiao had said the bank was not interested in strategic investors but that did not stop ... to others. The Shenzhen-based bank plans to offer 2.2 billion shares, or 15 per cent of its share capital. Political concerns over a Japanese investment also influenced the bank, sources familiar ...

  9. Cepa to boost HK banks' investment appeal

    Posted Aug 01st 2003, 12:00am by Raymond Ma

    ... Clearer guidelines on the status of institutions would help, says KPMG Hong Kong banks will become more attractive to investors from China and elsewhere with the implementation ... and the mainland - due to come into effect in January - would add to the appeal of bargain-priced local bank assets, providing the rules behind Cepa were clarified. 'There is still some lack ...

  10. Market shrugs off Beijing limits on investment plan

    Posted Sep 22nd 2007, 12:00am by Staff Reporter

    ... at Hantec Investment Holdings. The US Federal Reserve slashed rates a larger than expected 50 basis points on Tuesday and local banks followed the next day with a cut of 25 basis points. HSBC, Bank ... investors can park in Hong Kong equities as part of the new investment plan to reduce pressure on the yuan, according to comments from China Banking Regulatory Commission chairman Liu Mingkang. ...




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