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  1. Asia-Pacific beckons CLP's new investments

    Posted Feb 25th 2011, 12:00am by Denise Tsang

    ... officer Mark Takahashi, without specifying a time frame. 'We have no interest in investing outside the Asia-Pacific market,' Brandler said. 'We will continue to expand in our ... which translated into a HK$210 million operating earnings. Earnings of the mainstay electricity supply in Hong Kong rose 3 per cent to HK$6.12 billion on the back of a HK$7.75 billion investment ...

  2. Big-time adviser finds wine bar a great way to relax- and invest

    Posted Dec 22nd 2010, 12:00am by Sandy Li

    ... their investments. But as a small-time property investor in his own right, Chan says the secret of the modest success of his venture was the lure of just having some fun with his friends and investing ... assessments. But after working hours, Chan dons another hat as one of the founding owners of Juliette's Wine Bar in Tin Hau. 'Running this wine bar is more like a hobby than an investment ...

  3. FAW Car invests 1.79b yuan to revive struggling Red Flag brand

    Posted Aug 27th 2010, 12:00am by Staff Reporter

    ... Neil Gough State-owned FAW Car is betting 1.79 billion yuan (HK$2.04 billion) that it can raise high the Red Flag once again. The Changchun-based carmaker said yesterday it is investing that sum in a plant with an annual capacity of 30,000 cars. It will be dedicated to resurrecting the historic but struggling Hongqi, or Red Flag, brand of high-end passenger cars. FAW Car said ...

  4. PCCW cash may help out Li investment

    Posted Jul 21st 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick PCCW- billionaire Richard Li Tzar-kai's flagship media firm- could come to the aid of one of the tycoon's troubled personal investments. The Hong Kong-listed ... While PCCW and Pinebridge have no formal relationship beyond being companies controlled by Li, they plan to rescue Vivacom by jointly investing Euro180 million (HK$1.81 billion) in return ...

  5. Haitong eyes investment banking after merger

    Posted Jun 04th 2010, 12:00am by Amanda Lee

    ... Amanda Lee Haitong Securities will focus on building an investment banking business after fully integrating with Taifook Securities. Haitong took a 60 per cent stake in Taifook last year ... management, market research and investment banking, will be combined. The move would allow the two brokers to be rebranded into one company, Haitong International, and this could take place by the end ...

  6. Investing in an aphorism that's good most of the time

    Posted May 16th 2010, 12:00am by Debasish Roy Chowdhury

    ... in markets always proved more profitable, and a 'six month in, six month out' strategy was the key to profitable investment, life would be much simpler.' But even the likes of Bolus ... following the aphorism despite the heft of statistics behind 'sell in May'. Andrew Hua, director for investments and strategy at Deutsche Bank Private Wealth Management, for example, ...

  7. Nomura sheds 20 HK staff in investment banking division

    Posted Apr 17th 2009, 12:00am by Staff Reporter

    ... Tim LeeMaster Nomura Holdings, the largest securities firm in Japan, laid off 20 Hong Kong staff in its investment banking division on Wednesday, sources at the bank said. The brokerage let a further 30 investment banking staff go from offices around Asia excluding Japan. The lay-offs represent 2 per cent of the company's 2,500 employees in Asia excluding Japan. ...

  8. Tough times not over yet as more investment bankers get the axe

    Posted May 20th 2009, 12:00am by Naomi Rovnick

    ... Naomi Rovnick In a sign the financial market recovery could be short-lived, investment banks are continuing to axe highly paid staff in Hong Kong. This week, Credit Suisse is firing 10 ... the city's highest earners and spenders. Recruiters said investment banks would only hire very senior managing directors- so-called 'rainmakers' who boast cast-iron relationships ...

  9. Jilin wins 5.28b yuan in investment from five HK companies

    Posted Mar 28th 2009, 12:00am by Staff Reporter

    ... Jasmine Wang The Jilin municipal government secured 5.28 billion yuan (HK$5.99 billion) worth of investment yesterday from five Hong Kong firms, half of that from a car parts company controlled by the majority shareholder of insolvent Norstar Founders Group. Tampo Group, founded and controlled by Zhou Tianbao, pledged to invest 2.6 billion yuan to establish a minivan maker ...

  10. 150 more axed in investment banking cull

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

    ... Naomi Rovnick and Wong Ka-chun Fresh wave of job cuts begins in HK A fresh wave of investment banking job cuts in Hong Kong has begun, with more than 150 bankers either having lost ... exotic debt products. Stressed investment bankers admit it will take their industry years to climb out of the jaws of the credit crunch and return to earnings and deal volumes enjoyed during ...




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