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  • July 12, 2014
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  1. HKEx tops world for trading costs

    Posted Jan 10th 2011, 12:00am by Amanda Lee

    ... developed market in which to trade shares. Because of hidden fees, investors pay about a quarter to a third more, on average, to buy and sell stocks in Hong Kong than on exchanges in the United States and Britain- and that is excluding the hefty tax in the form of stamp duty on every trade. Britain still has stamp duty, but it has long been abolished in the US. The problem for local ...

  2. Containers back in demand as trade booms

    Posted Jun 19th 2010, 12:00am by Charlotte So

    ... Charlotte So This time last year, shipping containers cluttered docks everywhere as global trade dried up. Now, they are in demand as world shipping gets back to work. Prices of shipping ... That is a big contrast to last year, when millions of empty container boxes were idled at mainland ports when the export and import trade was hit hard by the economic crisis. The spot leasing rate ...

  3. Zhejiang delegation seeks trade

    Posted Jan 12th 2010, 12:00am by Celine Sun

    ... A trade delegation from Zhejiang province is in Hong Kong until Thursday seeking investment and business partners for 62 projects worth a total of HK$21.8 billion. Gong Zheng, ... had joined the trade delegation to meet counterparts in Hong Kong and learn how to improve their competitive strength in the international market. 'It's a great opportunity for them ...

  4. Taobao, Yahoo Japan in talks on online cross-border trade tie-up

    Posted Apr 02nd 2010, 12:00am by Staff Reporter

    ... Bien Perez Taobao, the mainland's leading internet shopping portal, and Softbank Corp-controlled Yahoo Japan are closing in on a deal that could drive cross-border trade between ... The two firms will facilitate cross-border online trade, enabling online merchants in Japan and the mainland to reach and transact with each other's consumers: Business-to-business e-commerce ...

  5. Export ban for rail firm over trade-secrets theft

    Posted Feb 26th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih The US International Trade Commission (ITC) has banned a Sino-US joint venture's exports of railway wheels to the US for 10 years, saying it used trade secrets stolen ... Standard Car Truck and Barber Tianrui Railway Supply, had stolen 128 trade secrets related to cast steel railway wheels from Amsted Industries, a US equipment manufacturer for the railway, vehicle ...

  6. Prudential picks up GBP450m tab as AIA bid falls through

    Posted Jun 03rd 2010, 12:00am by Naomi Rovnick

    ... year. Ivory Coast native Thiam, who has only been in his job eight months, last week scrambled to get a lower price out of AIA's American parent, American International Group. The US ... trading days as a Hong Kong-listed company could hardly have been worse. The shares rose 1.9 per cent to HK$64.70 yesterday, tracking gains in London as shareholders expressed relief the AIA deal ...

  7. BOC eyes cross-border yuan trade settlements

    Posted Apr 15th 2009, 12:00am by Staff Reporter

    ... Maria Chan Bank of China's vice-chairman yesterday said the country's largest foreign-exchange bank was gearing up to handle yuan-based cross-border trade settlements. Li Lihui ... to be among the first batch of yuan trade settlement banks on the mainland. The lender also wants to use the clearing platform of Bank of China (Hong Kong), its banking unit in the city, to facilitate ...

  8. Support pays off for China trade fairs

    Posted Sep 04th 2009, 12:00am by Prudence Lui

    ... 73 and 57 international meetings respectively last year. According to the Business Strategies Group (BSG), revenues from trade fairs in Asia increased from US$3.25 billion (HKD$25 billion) in 2007 to US$3.45 billion in 2008- a rise of 6.3 per cent. Revenue growth at mainland trade fairs outpaced other major markets by a wide margin, growing by nearly 20 per cent. For this year, BSG ...

  9. Investor to appeal as first mainland rogue trade lawsuit fails

    Posted Mar 16th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai China's first civil lawsuit involving illegal stock trading has been rejected by a Beijing-based arbitration office, a fresh sign that retail investors' ... International Economic and Trade Arbitration Commission. She was asking the lender to compensate the fund's investors for 1.53 million yuan (HK$1.73 million) after its manager was found guilty ...

  10. Trade delegation seals US$2b deals in UK

    Posted Feb 28th 2009, 12:00am by Denise Tsang

    ... Denise Tsang A trade delegation led by commerce minister Chen Deming has sealed deals worth US$2 billion with British firms in London last night on the final leg of a European tour to prove its non-protectionist stance. Xinhua says 11 contracts have been signed in procuring imports of textiles, metal services, aviation and car parts and services in ecological town design ...




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