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  • September 18, 2014
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  1. Banks call time on property loan 'holidays'

    Posted Mar 21st 2008, 12:00am by Sandy Li

    ... Maria Chan and Sandy Li The Hong Kong Monetary Authority has stopped banks allowing people to delay principal repayments on their mortgages as the growing US subprime crisis raises fears that lenders are taking on too much risk. The de facto central bank asked local lenders yesterday to stop providing so-called deferred principal repayment mortgage schemes immediately. The schemes ...

  2. Tools that offer flexibility and variety prove popular

    Posted Jun 15th 2007, 12:00am by Andrea Li

    ... Demand for structured products doubled in the region last year, with Hong Kong making up a significant portion of it. This type of investment tool may incorporate debt and derivative elements in one; with interest payments tied to a variety of factors, in ...

  3. Dim hope for cheap deals in land sales

    Posted Mar 03rd 2004, 12:00am by Sandy Li

    ... The government's high-price policy means developers will pay top dollars Developers' hopes of picking up bargains at upcoming public land sales look set to be dashed as the government resumes a high land price policy to help balance the huge def ...

  4. Home-loan demand could fall 30pc amid market uncertainty

    Posted Aug 14th 2003, 12:00am by Sandy Li

    ... MReferral, the mortgage broker arm of Midland Realty (Holdings), has forecast new home-loan demand this year could decline by more than 30 per cent as an increasing number of potential home buyers defer their purchases amid market uncertainty. Chief execu ...

  5. Retirement age of 65 suggested for 2045

    Posted Jul 04th 2012, 12:00am

    ... Zhuang Pinghui pinghui.zhuang@scmp.com The national retirement age should be extended in stages to 65 for both men and women by the year 2045, the head of a social security think tank ... but indicates a serious reduction in the nation's workforce as well,' said centre director Zheng Bingwen. Li Jun, director of the Institute of Quantitative and Technical Economics under ...

  6. Insurers to help run national medical plan

    Posted Apr 20th 2012, 12:00am

    ... Zhuang Pinghui pinghui.zhuang@scmp.com Beijing has opened the door for commercial insurers to help run a national medical insurance plan. The move is to help ensure the efficient ... scheme as a major success in its reform efforts. The work on the reforms, which began three years ago, is expected to intensify over the next three years. On Tuesday Vice-Premier Li Keqiang, ...

  7. Business - Companies - STOCK EXCHANGE

    HKEx chief executive Charles Li has his contract renewed for three years

    Posted Sep 13th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Charles Li's base salary will rise to HK$8m, but the next term will bring many challenges HKEx chief has contract renewed for three years Hong Kong Exchanges and Clearing has renewed the contract of its chief executive, Charles Li Xiaojia, for three years until October 2015. His base salary will rise to HK$8 million a year. This is a 6.38 per ...

  8. Viva China halts bid for stake in Li Ning's firm

    Posted Sep 03rd 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com Viva China, listed on the Growth Enterprise Market and controlled by gymnast turned businessman Li Ning and his brother Li Chun, has announced it has stopped pursuing a stake in his eponymous sportswear maker, Li Ning Company. In a filing late on Thursday, Viva China, which deals in clean energy, sports business and property, said both ...

  9. Richard Li's big Bulgarian venture flounders

    Posted Jun 11th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick Richard Li Tzar-kai is in crisis talks with lenders and the Bulgarian government over Vivacom, the East European country's dominant telecoms provider and one of the PCCW ... total debt was almost 10 times its profits at the end of last year. Li travelled to Sofia this week for meetings with government officials as well as Vivacom's management team, people ...

  10. Ignore migrants at nation's peril, say experts

    Posted Aug 08th 2012, 12:00am

    ... Zhuang Pinghui pinghui.zhuang@scmp.com With the number of migrant workers rising and their financial and welfare situation poor, policymakers must address the problem to maintain social stability, experts warned after a new report on their situation. About 17 per cent of the population, or 230 million people, are migrants, and 80 per cent are from rural areas, according to Xinhua, ...




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