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  • September 17, 2014
  • Last updated: 9:04pm
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Results 1 - 10 of 98 for li keqiang

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  1. Business - Banking & Finance - BANKING

    Shanghai's plans won't affect Hong Kong, HSBC says

    Posted Jul 10th 2013, 12:00am by KANIS LI

    ... in the new zone, saying HSBC would definitely consider participating when more details were unveiled. Premier Li Keqiang had approved a milestone plan to allow foreign banks to directly set up wholly ...

  2. Business - Banking & Finance - BANKING

    Banks rush to open branches before Shanghai free-trade zone anniversary

    Posted Jul 08th 2014, 01:54am by George Chen

    ... zone, personally backed by Premier Li Keqiang, is regarded as a key experiment in the central government's economic reform effort, encouraging private sector investment and paring back restrictions on the international use of the yuan currency. Li and other senior officials are expected to attend the first year anniversary celebration of the free-trade zone in October. Besides ...

  3. Business - Banking & Finance - BANKING

    Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

    Posted Jul 08th 2014, 11:58am by George Chen, Jeanny Yu

    ... which was launched last year and is personally backed by Premier Li Keqiang, is a key experiment in the central government's economic reform effort. ...

  4. Business - Banking & Finance - BANKING

    Massive revamp may squeeze HSBC returns

    Posted Aug 06th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Banking giant faces challenge to drive business through organic growth in sluggish operating environment after a series of asset disposals Massive revamp may squeeze HSBC returns Massive restructuring by banking giant HSBC could be about to hit the point of diminishing returns after 2-1/2 years of strategic overhaul. "The market's expectation ...

  5. Business - Banking & Finance - BANKING

    HSBC to exit retail banking in South Korea amid profitability concerns

    Posted Jul 06th 2013, 12:00am by KANIS LI

    ... HSBC, Europe's biggest bank, will further scale down its South Korean operations next week by closing its retail business, following the sale of its insurance business in April. The bank will shut 10 of its 11 branches in the country and axe 230 staf ...

  6. Business - Banking & Finance - BANKING

    Fears of tough action by Beijing following allegation BOC launders money

    Posted Jul 11th 2014, 11:34pm by Daniel Ren

    ... of debate on whether to tighten regulations on lenders or allow a more decisive role for market forces in the banking system. Premier Li Keqiang's cabinet is a strong advocate of drastic ... transfer the required amount abroad to qualify for business migration schemes unless they pass through the foreign exchange regulator's applications procedures and pay the relevant taxes. Li ...

  7. Business - Banking & Finance - BANKING

    CCB rules out lay-offs in shuffle

    Posted Jun 28th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Mainland lender also pledges no salary cuts in integration of HK operations, which account for 70pc of overseas earnings CCB rules out lay-offs in shuffle China Construction Bank said there would be no lay-offs and salary reductions following the integration of its Hong Kong branch into subsidiary China Construction Bank (Asia). Eight more branches would ...

  8. Business - Banking & Finance - BANKING

    HSBC pledges tax haven cutback at annual meeting

    Posted May 25th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Chairman tells angry shareholders bank will improve compliance, sees great opportunities in increasingly internationalised yuan HSBC pledges tax haven cutback Follow @SCMP_News HSBC pledged to cut its activities in tax havens and further tighten compliance procedures, under a barrage of complaints about past misdeeds from shareholders ...

  9. Business - Banking & Finance - BANKING

    HSBC still set on hiring more Hong Kong staff despite job cuts

    Posted May 21st 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Chief executive tells shareholders that plan to reduce numbers by up to 5pc may not affect city HSBC still set on hiring more HK staff despite cuts Despite plans by HSBC to cut staff globally by up to 5.5 per cent over the next three years, the bank still intends to hire people in Hong Kong, chief executive Stuart Gulliver told shareholders in the city ...

  10. Business - Banking & Finance - BANKING

    Institutions back huge fee rise for Hang Seng board

    Posted May 17th 2013, 12:00am by KANIS LI

    ... Minorities voice objection to the higher payout after no change in the bank's dividends Hang Seng Bank's minority shareholders yesterday failed to stop a plan to give directors a rise in fees of more than 30 per cent while dividends stay unchang ...




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