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  • October 21, 2014
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  1. Group-buying websites going out of business

    Posted Oct 14th 2011, 12:00am

    ... website Groupon began to emerge. Former Google executive Lee Kai-fu warned that '99 per cent of group-buying websites are going to die within one year'. Chen Shousong, an analyst ...

  2. Cyber barbarians at the gate

    Posted Sep 17th 2005, 12:00am by Jamil Anderlini

    ... money to Alibaba seems to suggest it agrees with such assertions. Microsoft also appears to be learning that lesson the hard way, after it recently lost former vice-president Lee Kai-fu to Google. In the past week the world has had a tantalising glimpse into the boardrooms of the world's biggest technology firms, thanks to the court case being fought over Mr Lee. Amidst tales ...

  3. Rate of workers in limbo doubles

    Posted Jun 16th 2004, 12:00am by Ella Lee, Stella Lee

    ... Change in economic structure means more people take longer to find work Profound changes in Hong Kong's economic structure mean the 'natural rate' of unemployment - the number of people between jobs when the economy is operating at full cap ...

  4. Fraudsters target new estates

    Posted Oct 15th 2003, 12:00am by Ella Lee, Stella Lee

    ... Most of the scams involve recently completed apartments, which are easily rented out and offer the bogus buyers plenty of sweeteners Crime syndicates behind a wave of mortgage scams are targeting new estates, hoping to snap up the sweetest mortgage deals ...

  5. Crime gangs use jobless, addicts in flat-buying scam

    Posted Oct 15th 2003, 12:00am by Ella Lee, Stella Lee

    ... Crime syndicates are using jobless people and drug addicts as homebuyers in a property scam that is snaring millions of dollars of cash rebates from developers and banks. The Commercial Crime Bureau uncovered 94 such fraud cases between March and Septembe ...

  6. Property agents join hunt for dirty cash

    Posted Aug 22nd 2003, 12:00am by Ella Lee, Stella Lee

    ... Ambrose Lee Siu-kwong voiced concern over whether the relaxed travel policy for individual visitors from the mainland would lead to a surge in crime, including money laundering. The Narcotics ... Anyone who fails to comply with the requirement under the Organised and Serious Crimes Ordinance faces a maximum fine of $500,000 and three years in jail. Mr Lee said this week that officials ...

  7. With theft by fake ATM cards, victims are last to find out

    Posted Oct 01st 2003, 12:00am by Ella Lee, Stella Lee

    ... Duplicates were made from stolen personal data and used to steal cash Police are investigating a series of bank frauds in which ATM card data was used by thieves to steal from accounts without the customers' cards ever going missing. Chief Superinten ...

  8. Developer seeks HK$4.45b in share offering

    Posted Nov 21st 2009, 12:00am by Amanda Lee

    ... Amanda Lee Shenzhen developer Kaisa Group Holdings is tapping Hong Kong's equity market to raise HK$4.45 billion. It will issue one billion shares at between HK$3.45 and HK$4.45 each. Apart from securing private equity group Carlyle as a pre-initial public offering investor, say sources familiar with the deal, the offering has Joseph Lau Luen-hung, the chairman of Chinese ...

  9. Corking Profits

    Posted Apr 20th 2008, 12:00am by Amanda Lee

    ... Amanda Lee Investors of fine wines look set to enjoy vintage years as their investments slowly mature There is a growing interest in wine investment, especially amongst high-net-worth individuals who are developing an interest in alternative lifestyle investments, such as arts, wines and funds, in the luxury products sector, according to SG Private Banking's chief executive ...

  10. University to rely more on donations

    Posted Jan 14th 2008, 12:00am by Ella Lee

    ... Ella Lee The University of Hong Kong will increasingly rely on private funding to develop excellence and research, its council chairman says. Victor Fung Kwok-king said he had noted ... during the same period. Tycoon Li Ka-shing donated HK$1 billion for the medical faculty and Lee Shau-kee HK$500 million to support student scholarships and campus development. In 2005, casino ...




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