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  • October 21, 2014
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  1. Bank of Communications plans HK and Shanghai listings

    Posted Jan 12th 2004, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai It will also expand its local operations by buying key assets with the aim of an eventual spin-off The Bank of Communications, one of China's oldest banks, is understood to be planning dual listings in Shanghai and Hong Kong and intends to expand its local operations through acquisitions. The bank's Hong Kong branch, which has assets ...

  2. Hopewell seeks new investment options even as profit dips 31pc

    Posted Feb 25th 2011, 12:00am by Toh Han Shih

    ... before, and that it was seeking new investment opportunities in the property, infrastructure, hotel and hospitality sectors. 'As the company makes efforts to expedite the property and toll road projects it is currently developing, it will continue to identify and evaluate new investment opportunities,' Hopewell said. Net profit fell 31 per cent to HK$1.73 billion during ...

  3. Emperor targets HK$3.2b property investment

    Posted Feb 10th 2011, 12:00am by Paggie Leung

    ... Paggie Leung Emperor International Holdings plans to invest about HK$3.2 billion in its property business in Hong Kong this year, which will be used mainly for enlarging its land bank and retail spaces. The developer's executive director Donald Cheung Ping-keung said yesterday the company would consider buying sites worth HK$2 billion or less that were sized 40,000 square ...

  4. Islamic banking at fledgling stage

    Posted Feb 12th 2011, 12:00am by Chris Davis

    ... pie. Driven in part by Chief Executive Donald Tsang Yam-kuen's 2007 statement that Hong Kong would like to become the region's Islamic financial hub, new and established banks have been churning out Islamic or Sharia-compliant banking products. Hang Seng Bank took the lead in launching Hong Kong's first Islamic fund, while Middle Eastern entities have been long-term ...

  5. Investment holding group cautious over challenges

    Posted May 09th 2005, 12:00am by Staff Reporter

    ... Guoco GUOCO GROUP, which is involved in property investment, commodity broking and fund management services, has given a cautious outlook for the second half after reporting 26.9 per cent ... selling Dao Heng Bank to DBS Group in 2001. It owns a 62.4 per cent stake in GuocoLand, which reported 37 per cent growth in net profits of S$41 million ($193.4 million) in the six-month period. ...

  6. Hong Leong launches Islamic banking service

    Posted Aug 18th 2008, 12:00am by Staff Reporter

    ... 'To have an Islamic banking service here will make Islamic investors more comfortable about using Hong Kong as a platform to invest both here and on the mainland,' said the source. One ... since Chief Executive Donald Tsang Yam-kuen's policy address last October in which he unveiled plans to target investments from wealthy Middle Eastern investors. Since then, Hang Seng Bank ...

  7. Bank looking for staff fired with passion

    Posted Jul 09th 2005, 12:00am by Staff Reporter

    ... distributor of investment solutions and services is looking for managers/officers- product development services. Fubon Bank provides its Hong Kong clients with a wide range of diversified financial ... monitoring. As an investment specialist, delivering market trends and updated product information to branch frontline staff and coaching them on the effective promotion of the bank's investment ...

  8. Bank's customers get the complete package

    Posted Dec 19th 2009, 12:00am by Wilson Lau

    ... of personal banking and financial planning services. 'We approach customers and tailor packages of financial services, including insurance and investment, to match their specific ... insurance, investment, mortgages and credit cards. 'We aim to provide globalised Premier one-stop banking services to our customers who are locals as well as from outside Hong Kong, including ...

  9. Six banks among top profit makers

    Posted May 11th 2009, 12:00am by Staff Reporter

    ... Daniel Ren Mainland banks were the top winners last year, as six commercial lenders made the list of the top 10 profit makers, thanks to their high net interest margins. Industrial and Commercial Bank of China was the second most profitable company among the mainland's 1,600-odd listed firms, recording a net profit of 111.1 billion yuan (HK$126.21 billion), up 35.6 per cent ...

  10. BEA first to offer online derivatives trading to clients

    Posted Aug 21st 2004, 12:00am by Staff Reporter

    ... As consumer loan demand shows few signs of recovery and interest income figures remain uninspiring, bank executives have been keen to stress their plans to boost fee-based income ... product portfolios- had trouble providing convincing details. So why not just let your actions do the talking? Bank of East Asia (BEA), which desperately needs to boost non-interest income after ...




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