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  • October 21, 2014
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  1. Business - Banking & Finance - SECURITY

    Xi Jinping's security commission to also tackle financial industry

    Posted Jan 28th 2014, 04:30am by George Chen, Teddy Ng

    ... would be included in the NSC. "Everything related to security of the nation will be the job of the committee, and this includes the financial aspect," Shi said. Premier Li Keqiang, who ...

  2. Business - Money - MARKETS

    Hong Kong stocks set for bullish start to the Year of the Snake

    Posted Feb 14th 2013, 12:00am by Sandy Li

    ... the most support from investors. Li Kwok-suen, a fund manager at Phillip Capital Management, said he expected the Hang Seng Index would gain 100 points, albeit during volatile trading. "Equity markets remain nervous amid growing pressure for a correction," Li said. He predicted that second and third-tier stocks would be hit by a deeper correction when it comes. Li said he believed ...

  3. Questions over SHKP as home launches are cut

    Posted Mar 10th 2008, 12:00am by Sandy Li

    ... Sandy Li Brushing aside the unresolved chairmanship issue, Sun Hung Kai Properties (SHKP) unveiled a sharp decline in new home launches for this year, putting its earnings prospects ... and not its previous record, but management is having an abrupt change,' said Li Kwok-suen, a fund manager at Philip Capital Management. 'We understand the daily operations remain unchanged, ...

  4. Vice-premier boosts HK role as yuan trade hub

    Posted Aug 18th 2011, 12:00am

    ... Enoch Yiu and Gary Cheung Vice-Premier Li Keqiang yesterday announced a raft of more than 30 measures to boost the local economy by encouraging two-way investment and trade between Hong Kong and the mainland and strengthening the city's role in the internationalisation of the yuan. The business community and trade organisations generally welcomed Li's proposals, made ...

  5. Business - Economy - ECONOMY

    Urbanisation drive raises new worries

    Posted Jan 23rd 2013, 12:00am by Victoria Ruan

    ... risks, with some potentially becoming new obstacles to the urbanisation plan being drafted by premier-in-waiting Li Keqiang. Among them, observers are warning about the re-emergence of asset ... They hope Li's urbanisation push will see building of more homes and infrastructure over the next decade. Expectations of rising demand and looser property curbs have pushed up real estate ...

  6. Exchanges seal deal on new venture

    Posted Jun 29th 2012, 12:00am

    ... chief executive Charles Li Xiaojia said. The HKEx first announced the planned joint venture in August during a visit by Vice-Premier Li Keqiang, and the exchanges have been ironing out the details since then. Charles Li said the joint venture should not be seen as a first step towards a merger. 'Discussions among the three bourses have never touched on potential mergers,' ...

  7. H.K. and mainland bourses weigh up joint venture

    Posted Aug 19th 2011, 12:00am

    ... with the matter. The announcement coincided with a visit from Vice-Premier Li Keqiang. On Wednesday, Li announced a range of measures to support the local economy and boost investor sentiment. Secretary for Financial Services and the Treasury Professor Chan Ka-keung said Li had endorsed the proposed joint venture during a visit to HKEx on Wednesday, urging the move to go ahead as soon as possible. ...

  8. Index to track foreign firms' performance

    Posted Aug 30th 2011, 12:00am

    ... May Chan may.chan@scmp.com New Hang Seng indices will be launched next Monday to track foreign companies' performance and to measure Hong Kong and mainland companies' corporate sustainability. This comes after Vice-Premier Li Keqiang said an exchange-traded fund (ETF) would be launched this year to allow mainlanders to invest directly in the Hong Kong stock market for the first ...

  9. Business - Money - HKEX AT CROSSROADS

    Can Hong Kong be friends with mainland exchanges?

    Posted Nov 02nd 2012, 12:00am by Enoch Yiu, George Chen

    ... But it is a significant symbolic move and behind the scenes there is political motivation. The joint venture was announced a day after a visit to the HK exchange by Vice-Premier Li Keqiang in August last year. ... Li Xiaojia said in June "discussions among the three bourses have never touched on potential mergers". However, with the proposed listing of the markets, brokers believe a merger ...

  10. HK takes new step in yuan business

    Posted Sep 06th 2011, 12:00am

    ... bringing the money they raised in the Hong Kong share offering back to [mainland] China,' he said. Under measures announced by Vice-Premier Li Keqiang during his three-day visit to the city ...




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