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  • October 2, 2014
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  1. Mainland's top audit agency to check offices, companies in HK

    Posted Dec 30th 2008, 12:00am by Gary Cheung

    ... government's liaison office in Hong Kong said, as a central government agency, it was natural for it to be audited by the national audit office. A source familiar with the situation said some large ... auditor-general Liu Jiayi said yesterday. Victor Sit Fung-shuen, a Hong Kong academic with close ties to the mainland, believes the high-profile move by the National Audit Office was prompted ...

  2. Office rental chief credits success to playing for keeps

    Posted Mar 07th 2011, 12:00am by Mukul Munish

    ... that Prosperity will benefit from the recovering economy. As the local unemployment rate continues to fall and business improves overall, demand for office space is poised for steady growth. ... comprising all or a portion of, three grade-A office buildings, three industrial/office buildings and one industrial building. The total gross rental area is about 1.22 million sqft. Prosperity ...

  3. Easyknit sues police for raid on office and arrest of boss

    Posted Jul 07th 2010, 12:00am by Enoch Yiu, Patsy Moy

    ... In a first for a listed Hong Kong company, Easyknit International Holdings is suing police for damages after what a writ says was a malicious search of its office and the unlawful arrest of its chief executive, Jimmy Kwong Cheung-tim, last month. The garment exporter and Kwong, plaintiffs in the writ of summons against the police, claim officers had no reasonable cause to make ...

  4. AMTD plans offices in four cities to tap growing high-net-worth sector

    Posted Dec 02nd 2009, 12:00am by Staff Reporter

    ... Maria Chan Cheung Kong (Holdings) affiliate AMTD Group plans to open offices in four mainland cities to provide wealth management and advisory services to tap the country's fast-growing number of high-net-worth customers. Chief executive Alan Tsang Hing-lun said the company would hire about 400 people to staff the offices. 'We hope mainland revenue will account ...

  5. Lai See

    Posted Mar 02nd 2011, 12:00am by Howard Winn

    ... from the mainland's liaison office in Hong Kong will say they don't want a repeat of half a million people marching through the streets. So it decides to do something about it. Hence ...

  6. Audit office probes state firms over hedging losses

    Posted Jan 14th 2009, 12:00am by Charlotte So

    ... Charlotte So China Eastern Airlines Corp and other state enterprises involved in derivative trading are being investigated by the National Audit Office, indicating that Beijing is taking ... enterprises involved in oil hedging or other forms of derivative trading were also on the checklist of the audit office, the report said. Air China, which is set to report a massive loss on fuel ...

  7. Mainland firms fill office space left by foreigners

    Posted Dec 03rd 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Hong Kong office landlords are increasingly looking to mainland firms and especially big financial institutions to take up space being vacated by existing tenants. In one deal, ... public offering would be completed in the second half of next year. 'The transactions do not mean that mainland tenants have necessarily become more aggressive in leasing office ...

  8. Central office rents to fall by half, says Merrill

    Posted Oct 30th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Cost of grade-A space forecast to drop 50pc from peak by 2010 The global financial crisis will lead to office rents in Central falling by 50 per cent by 2010 from a peak of HK$116 per sq ft in the third quarter, Merrill Lynch says. The financial management and advisory firm said the rise in office rents that began in 2004 had been brought to an end by the crisis. ...

  9. 100 back-office workers in HK among 1,100 HSBC job cuts

    Posted Sep 27th 2008, 12:00am by Staff Reporter

    ... said. Of the 1,100 jobs cut- representing 4 per cent of HSBC's wholesale banking workforce worldwide- about half were in Britain, and about 100 jobs were in Hong Kong, mainly in back-office ...

  10. Office rents could dive 15pc as part of fallout

    Posted Sep 17th 2008, 12:00am by Peggy Sito, Yvonne Liu

    ... Peggy Sito, Fulton Mak and Yvonne Liu Troubles at US financial firms, Lehman Brothers, Merrill Lynch and American International Group will affect Hong Kong's prime office market, ... of US investment banks would have an impact on the city's office market and economy, said Piers Brunner, a managing director at international property consultant Colliers ...




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