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  1. 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 ...

  2. Complaints force regulator to issue warning to banks

    Posted May 15th 2008, 12:00am by Amanda Lee

    ... Investors' queries raise fears over whether they were told of risks associated with wealth management products, writes Amanda Lee The China Banking Regulatory Commission (CBRC) issued a warning notice last month to banks that operate wealth management businesses following complaints from investors. The regulator stated on its website that its local offices had been 'asked ...

  3. Fast-track given to investor migrants

    Posted Oct 01st 2003, 12:00am by Ella Lee, Ravina Shamdasani, Stella Lee

    ... Applicants with $6.5 million may have to wait only six weeks for visa approval The first batch of investor immigrants could arrive in Hong Kong as early as the end of the year under government plans for fast-tracking applications. Security officials annou ...

  4. Mainland couple sue HSBC over US$5 million loss

    Posted May 24th 2012, 12:00am

    ... it may sound scary, in fact it is not so'. But the market collapse in 2008 saw the couple suffer huge losses. The couple's counsel, Martin Lee Chu-ming SC, wrote that HSBC, though its ...

  5. Superstars sought for HK Open

    Posted Jul 13th 2011, 12:00am

    ... to add superstar power to the US$2.75 million UBS Hong Kong Open in December. Hui will press the flesh with the likes of Englishmen Luke Donald and Lee Westwood, the world's number one and two, and Germany's world number three Martin Kaymer in a bid to convince them to appear at the December 1-4 event in Fanling. For the first time in the 52-year history of the Hong Kong ...

  6. Lee targets $1b worth of stock

    Posted Sep 01st 2005, 12:00am by Denise Tsang

    ... Denise Tsang Property tycoon Lee Shau-kee wants to take up at least $1 billion worth of PetroChina shares offered to institutional investors yesterday. Mr Lee, who will subscribe to the shares through his privately owned investment fund, Shau Kee Financial Enterprises, said: 'PetroChina has a good price-earnings ratio, dividend payout level and management.' The head ...

  7. News - Hong Kong - COURTS

    Japanese investor's writ claims HK$111m swindle

    Posted May 12th 2013, 12:00am by Ada Lee

    ... Ada Lee ada.lee@scmp.com Businessman's writ says brothers misled him over sports gambling venture Japanese investor claims HK$111m A businessman is claiming damages of more than HK$100 million in a Hong Kong court from two companies and two Japanese men in an alleged investment scam. Takahiro Tashio's High Court writ says Osaka residents Shin Tanaka and Manabu ...

  8. Business - Money - IPO FOCUS

    Harmony Auto defies dim market outlook

    Posted May 30th 2013, 12:00am by Anita Lam

    ... the distributor for six more brands, many of them premium ones including Rolls-Royce, Ferrari and Aston Martin. However, this came at an inopportune time as the government mulled a levy of 20 per cent ...

  9. Business - Banking & Finance - REGULATION

    SFC reforms aim to boost safeguards for investors

    Posted May 16th 2013, 12:00am by Enoch Yiu

    ... for financial firms to prepare for the changes. Kenny Lee Yiu-sun, the chief executive of First China Securities, welcomed the SFC's proposals to enhance investor protection. "However, for banks and brokers, this would mean we have to increase our compliance costs," Lee said. ...

  10. Business - Commodities - RESOURCES

    Latin American riches lure mainland miners

    Posted Oct 01st 2012, 12:00am by Eric Ng

    ... American partner of global law firm Baker & McKenzie. Roberto Martins, the Sao Paulo, Brazil-based head of energy, chemicals, mining and infrastructure at Baker & McKenzie, said oil ... in Argentina. Last year, deals valued at US$4.8 billion were completed, compared with just US$940 million so far this year, according to Dealogic. Martins said the Brazilian government was finalising ...




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