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  • September 20, 2014
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  1. Retailers need more than cash-flashing mainland tourists

    Posted Feb 03rd 2004, 12:00am by Stephen Craig

    ... Craig Stephen craig.stephen@scmp.com The dizzy chronicle of Hong Kong's retail revival at the hands of free-spending mainland tourists is being updated almost daily- first spending ... sales-tax-free regime means luxury consumer goods represent a good bargain for mainland tourists. But this tax-efficient shopping is narrowly focused. Other businesses such as food retailing, department ...

  2. Prejudice feeds ignorance of the system to the north

    Posted Jun 13th 2009, 12:00am by Shirley Yam

    ... this is not the case- and you don't have to look very far. The regulatory system of our equity market, where mainland players have the deepest involvement, is already very telling. Until this month, mainlanders rarely sat on any of the policymaking or advisory committees of the Securities and Futures Commission or the Hong Kong stock exchange. Locally listed firms and brokers, as well as American ...

  3. New rules for mainland firms to affect accountants

    Posted Feb 07th 2011, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong accounting firms will need to diversify out of their dependence on auditing revenues after a rule change that relieves mainland companies from an obligation to use their services. Auditing now represents more than 60 per cent of all accounting firms' business, a dominant contribution due in part to a stock- exchange regulation that required mainland companies ...

  4. Mainland price pinch on power producers

    Posted Jan 17th 2011, 12:00am by Eric Ng

    ... Eric Ng Mainland power producers face another tough year as spot-market coal prices head higher, warn analysts. Unless Beijing lifts administrative controls on the price at which ... poorer-quality coal into their deliveries and imposing surcharges, even though Beijing has warned them not to do so. 'It is clear that the mainland coal market is a seller's market... we ...

  5. Mainland's Daifu sees gold in medical waste

    Posted Nov 01st 2010, 12:00am by Staff Reporter

    ... the mainland's growing emphasis on environmental protection. Goman Chong, president of Daifu, said the multimillion dollar investment made by Goldman would help the equipment and service provider ... Goldman has invested in the company, aims to acquire 20 disposal stations across the mainland next year and will continue to expand its presence in the world's fastest-growing major economy ...

  6. The saga of the mainland's 'steel princess'

    Posted Oct 17th 2010, 12:00am by Naomi Rovnick

    ... old, she's one of the mainland's richest citizens. She presides over a corporate empire built on important connections and the ability to parlay them into a business marrying mainland ... BHP Billiton and Perth-based miner Mount Gibson Iron, US$516 million, according to legal filings. Chen (pictured) was born into a high profile family on the mainland and is a part ...

  7. Mainland steps up consolidation campaign in select industries

    Posted Sep 07th 2010, 12:00am by Kandy Wong

    ... Kandy Wong The mainland renewed its effort yesterday to consolidate key industries- such as cement, steel and vehicles- by issuing measures that would allow more private capital to invest in key sectors and permit company mergers across provincial borders. For several years the central government has with little success been urging companies in the vehicle, cement, steel, ...

  8. Citic 1616 taps into mainland VPN market

    Posted Sep 03rd 2010, 12:00am by Sophie Yu

    ... Sophie Yu Citic 1616 Holdings is tapping into the virtual private network (VPN) market on the mainland with a HK$258.4 million acquisition of VPN services provider China Enterprise ... The telecommunications services provider has been offering VPN services abroad so far as it did not have the requisite licence to do the same on the mainland. The acquisition of CEC, which has this licence ...

  9. Disneyland needs still more transparency

    Posted Jan 22nd 2010, 12:00am by Staff Reporter

    ... team is now playing catch-up. Two of the new theme areas will be exclusive to Hong Kong. Better ways have been thought of to entice mainland tourists- but much more needs to be done. ... was an amalgamated smaller clone of the park's American sisters. This would have been acceptable were it the 1950s and 1970s, when the first two Disney parks opened. But tourists of the 21st century ...

  10. Lai Sun debt plan gets cash boost

    Posted Aug 22nd 2003, 12:00am by Sandy Li

    ... have also doubled to $600 per night following the influx of individual mainland tourists,' he said. Lai Sun is considering promoting its serviced apartment, Furama Court, in Tsim Sha Tsui ... be attractive to mainlanders given its prime location, he said. On Tuesday, a mainland tourist bought five flats in Sheung Shui for more than $2 million in cash during a short visit to Hong Kong. ...




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