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  • September 16, 2014
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  1. Hongkongers look across border to cash in on yuan

    Posted Mar 25th 2008, 12:00am by Fox Yi Hu, Martin Wong

    ... Fox Yi Hu and Martin Wong Inquiries about how to open a yuan account have become common at Shenzhen banks near the Lo Wu checkpoint, especially since the latest rate cut in Hong Kong ... few minutes on Thursday, a day after Hong Kong lenders slashed deposit rates to as low as 0.01 per cent. Jonathon Lee, 50, was one of dozens of Hongkongers wanting to find out about yuan ...

  2. Hang Seng increases account fee sixfold as sector adjusts charges

    Posted Feb 10th 2006, 12:00am by Martin Wong

    ... Fees on some Hang Seng Bank accounts will increase sixfold as more banks, including Citibank and Bank of East Asia, announced increased fees for small customers yesterday, a day after the city's biggest bank, HSBC, said it would raise charges for cer ...

  3. Pollution fears spark outcry on refinery project

    Posted Feb 25th 2008, 12:00am by Klaudia Lee

    ... Klaudia Lee Lawmakers urge delay to huge Guangzhou oil plant construction The construction of a US$5 billion oil refinery near Guangzhou - said to be the largest joint venture on the mainland - is facing stiff opposition over concerns that it will aggravate air pollution in the Pearl River Delta. Guangdong People's Congress delegate Liu Yiling, who is also the director ...

  4. Power firm plans major cut in carbon emissions

    Posted Mar 10th 2008, 12:00am by Lee Wing-Sze

    ... Company aims to eliminate 75 per cent of greenhouse gases by 2050 by investing in cleaner sources of energy, writes Lee Wing-sze Hong Kong's biggest electricity company, CLP Holdings, plans to eliminate 75 per cent of carbon emissions by 2050 in its drive to reduce the impact of global warming, which may have contributed to the coldest winter here in more than 40 years. ...

  5. The Development of Banks in Shanghai and Hong Kong

    Posted Dec 06th 2007, 12:00am by Jade Lee-Duffy

    ... Jade Lee-Duffy Hong Kong Museum of History Today-Mar 24, 2008 Looking at Hong Kong's skyline, it's hard not to notice the futuristic Hongkong and Shanghai Banking Corporation building and I.M. Pei's 72-storey geometric Bank of China skyscraper in Central. But how did these banks, along with other financial institutions from Hong Kong and Shanghai, become ...

  6. Stocks a better bet than homes, says Lee

    Posted Jun 06th 2012, 12:00am

    ... Peggy Sito and Paggie Leung Henderson Land Development chairman Lee Shau-kee says investing in stocks in Hong Kong is more profitable than investing in property. Lee, speaking after ... price is just HK$40,' said Lee. Because of the big discount, Lee reckons property stocks will see huge growth potential. He cited an example: 'If your boyfriend gives you HK$10 million ...

  7. SFC overhaul must not slow market reform

    Posted Oct 10th 2005, 12:00am by Staff Reporter

    ... The recent appointment of Martin Wheatley as chairman of the Securities and Futures Commission has brought a difficult recruitment exercise to a close. That Andrew Sheng's successor ... in the market, with current Hong Kong Exchanges and Clearing chairman Charles Lee Yeh-kwong tipped to share the post with Mr Wheatley. The government's case- still to be ratified by legislators- ...

  8. Henderson's Lee says transactions are genuine

    Posted Mar 20th 2010, 12:00am by Fox Yi Hu

    ... Fox Yi Hu Henderson Group chairman Lee Shau-kee says he is willing to bet 100 to 1 that no transaction for apartments at the 39 Conduit Road block was faked. But records from the Land ... Lee explained that some buyers had asked to delay payments and therefore the sale of some flats had yet to be completed. 'They asked for the transactions to be delayed. I said, 'no ...

  9. Lee finds pricey stock offerings a turn-off

    Posted Sep 25th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Henderson Land Development chairman Lee Shau-kee is losing interest in initial public offerings. Yesterday, he warned investors to be careful about new listings, saying they were too pricey these days. 'An IPO is just like a chicken rib,' said Lee, meaning it is something that is hard to give up even though it is tasteless. 'A stock is valued at HK$1 ...

  10. Lee Shau-kee denies wrongdoings

    Posted Mar 01st 2008, 12:00am by Chloe Lai, Peggy Sito

    ... Chloe Lai in Shanghai and Peggy Sito Property tycoon Lee Shau-kee admitted yesterday that his extended family, including his mainland-based younger brother Li Zhaonan, had invested in companies listed there. But he said the stakes were small and the shares had been bought cheaply many years ago. Mr Lee was responding to a newspaper report that his brother had 200 million A shares ...




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