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  1. Government pressed on access to bank services

    Posted May 06th 2008, 12:00am by Martin Wong

    ... Martin Wong The government has been urged to help the elderly and low-income groups affected by the closure of bank branches in their areas. The call came during a meeting ... branches in places where the wealthy lived. 'Banks completely neglect their responsibility to serve the public. They are walking backwards.' Raymond Lee, acting chairman of the Hong Kong ...

    http://www.scmp.com/article/636511/government-pressed-access-bank-services
  2. HSBC backs down on higher ATM minimum

    Posted Dec 11th 2007, 12:00am by Martin Wong

    ... Martin Wong HSBC has cancelled a plan to raise the minimum cash withdrawal at ATMs from HK$100 to HK$300 after strong criticism. 'We made the decision in response to the public's feedback,' a bank spokeswoman said yesterday. She declined to comment further. The Consumer Council's chief executive, Connie Lau Yin-hing, welcomed the U-turn. 'It is good that the bank ...

    http://www.scmp.com/article/619083/hsbc-backs-down-higher-atm-minimum
  3. HSBC boss apologises to customers

    Posted May 09th 2008, 12:00am by Martin Wong, May Chan

    ... May Chan and Martin Wong HSBC's Hong Kong boss, Vincent Cheng Hoi-chuen, yesterday apologised to customers affected by the loss of a computer server containing details of 159,000 accounts from its Kwun Tong branch. The apology came after customers poured into the branch to find out what had happened. Some even closed their accounts despite the bank promising to shoulder any ...

    http://www.scmp.com/article/636953/hsbc-boss-apologises-customers
  4. Lawmakers' fury at HSBC data loss

    Posted May 08th 2008, 12:00am by Danny Mok, Martin Wong

    ... Danny Mok, Maria Chan and Martin Wong Monetary Authority urged to take action after bank plays down security risk HSBC came under fire from legislators last night for a 'horrible' and 'absurd' security breach after admitting that a computer server with details of 159,000 accounts had disappeared from its Kwun Tong branch. The deputy chairman ...

    http://www.scmp.com/article/636780/lawmakers-fury-hsbc-data-loss
  5. Property agents join hunt for dirty cash

    Posted Aug 22nd 2003, 12:00am by Ella Lee, Stella Lee

    ... Ambrose Lee Siu-kwong voiced concern over whether the relaxed travel policy for individual visitors from the mainland would lead to a surge in crime, including money laundering. The Narcotics ... Anyone who fails to comply with the requirement under the Organised and Serious Crimes Ordinance faces a maximum fine of $500,000 and three years in jail. Mr Lee said this week that officials ...

    http://www.scmp.com/article/425545/property-agents-join-hunt-dirty-cash
  6. Chinese equities will stand out, Mobius says

    Posted Jan 12th 2011, 12:00am by Amanda Lee

    ... China equities will continue to outperform those in developed markets this year despite increasing inflationary pressures and interest rate rises, according to emerging market guru Mark Mobius, executive chairman of Templeton Asset Management. 'Infla ...

    http://www.scmp.com/article/735491/chinese-equities-will-stand-out-mobius-says
  7. Developer seeks HK$4.45b in share offering

    Posted Nov 21st 2009, 12:00am by Amanda Lee

    ... Amanda Lee Shenzhen developer Kaisa Group Holdings is tapping Hong Kong's equity market to raise HK$4.45 billion. It will issue one billion shares at between HK$3.45 and HK$4.45 each. Apart from securing private equity group Carlyle as a pre-initial public offering investor, say sources familiar with the deal, the offering has Joseph Lau Luen-hung, the chairman of Chinese ...

    http://www.scmp.com/article/698996/developer-seeks-hk445b-share-offering
  8. Pilot scheme to cut queues for elderly at banks

    Posted Jul 18th 2008, 12:00am by Colleen Lee

    ... Colleen Lee HSBC to reduce waiting times The elderly will enjoy faster banking service at HSBC from Monday as the bank will offer special counters for them every morning to cut their waiting time. In the pilot scheme, 10 HSBC branches across the city will provide priority counter service from 9am to 11am for people aged at least 65, from next Monday to the end of the year. ...

    http://www.scmp.com/article/645680/pilot-scheme-cut-queues-elderly-banks
  9. Lee quotes Mao to describe global balance

    Posted Sep 10th 2009, 12:00am by Peggy Sito

    ... from HK$1,200 a day, according to managing director Martin Lee Ka-shing. ... Peggy Sito Hong Kong's second-richest man, Lee Shau-kee, yesterday quoted a well-known phrase used by Mao Zedong to describe the current worldwide economic situation. ...

    http://www.scmp.com/article/692082/lee-quotes-mao-describe-global-balance
  10. Credit agencies await budget strategy

    Posted Aug 20th 2003, 12:00am by Kelvin Chan, Klaudia Lee

    ... International credit ratings agencies are asking what action the Hong Kong government is going to take now that the target of balancing the budget in three years has been dropped. Financial Secretary Henry Tang Ying-yen said on Monday that instead of tryi ...

    http://www.scmp.com/article/425343/credit-agencies-await-budget-strategy

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