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  • October 1, 2014
  • Last updated: 4:30pm
Hong Kong




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  1. Business - China Business - POWER

    Beijing mulls further power reform

    Posted Sep 30th 2014, 04:32am by Eric Ng

    ... The National Audit Office has in the past few months been carrying out extensive checks on the giant's accounts, after it received letters alleging financial irregularities and potential ...

  2. Business - Money - EQUITIES

    China LNG shares dumped as its prospects deflate

    Posted Sep 27th 2014, 05:33am by Eric Ng

    ... speculators joined the fray. If not, its high valuation is not sustainable. In the past six months, China LNG has signed seven non-binding framework agreements and one letter of intent ...

  3. Business - Companies - LAI SEE

    Planning board should reject Hopewell's Wan Chai project

    Posted Sep 23rd 2014, 05:18am by Howard Winn

    ... is the "essential public passage" and "amenity area" that will run along the front of the podium of Hopewell Centre II. But the objection letter by the KRPG refutes Hopewell's claims, ...

  4. Business - Comment - LAI SEE

    'Humble Scottish merchant' writes to the Financial Times

    Posted Sep 24th 2014, 06:13am by Howard Winn

    ... Howard Winn We read with interest a letter in the Financial Times last week on the subject of the Scottish referendum. It starts, "Sir, I am a humble Scottish merchant trading in the China Seas. My family has followed this profession for almost 200 years. When we are bearing the sticky heat of China's Pearl River Delta or the tropical rainforests of equatorial Borneo, ...

  5. Business - Comment - MONEY MATTERS

    The joke is on the auditors when it comes to true figures

    Posted Sep 06th 2014, 05:37am by Shirley Yam

    ... are a few real cases. Sales confirmation is where audit work begins before an initial public offering. Letters are sent to a company's buyers to verify if it has indeed sold what it claims. More than a decade ago, unsuspecting accountants trusted company management to post the letters seeking confirmation from buyers on their behalf. Unsurprisingly, many got burned by falsified ...

  6. Business - Economy - CHINA

    China's outward investment surges as growth pattern shows significant shift

    Posted Sep 16th 2014, 02:34pm by Victoria Ruan, Teddy Ng

    ... he had heard of the letter, but reiterated that the investigations were aimed at promoting fair competition. He denied any links between declining FDI and the antitrust probes, saying ...

  7. Business - Comment - LAI SEE

    Is it so hard to turn Hong Kong's landfills into biofuels?

    Posted Sep 11th 2014, 06:02am by Howard Winn

    ... Howard Winn The Environmental Protection Bureau is fond of telling us through the letters page of this newspaper that the best way to deal with municipal solid waste is through an incinerator. This is, we are told, after having examined all other forms of technology for dealing with such waste. Despite the supposed "advantages" of an incinerator, it is still going ...

  8. Business - Companies - FINANCE

    Under-fire Citic seeks legal advice on SFC's HK$1.9 billion lawsuit

    Posted Sep 13th 2014, 04:28am by Enoch Yiu

    ... the circular on September 5. Yung, however, "claimed that he did not read the draft circular before approving it and signing the responsibility letter" and never revisited the draft to make ...

  9. Business - Banking & Finance - LOANS

    Fears raised over rented debt ratings

    Posted Aug 23rd 2014, 01:06am by BLOOM

    ... in 2012, eight firms have set up US$2.6 billion in short-term fundraising backed by standby letters of credit, giving them the same ratings as the lender for a fee, data showed. Unrated China ... reason why a company needs a standby letter of credit is because in many situations, the underlying credit is a challenging one," said Raymond Chia, the Singapore-based head of credit ...

  10. Business - Economy - LAI SEE

    Former judge says Hong Kong's town planning process is unfair

    Posted Aug 28th 2014, 05:03am by Howard Winn

    ... criticised for rubber-stamping developer applications, no matter how awful their impact on the community. But it will be interesting to see how the board reacts to an objection letter by retired High ... has the exclusive right of review and appeal to the appeal board. Objectors do not. Waung's letter is an important critique of the process, which the board should read carefully. Have you ...




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