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  • September 20, 2014
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  1. Citic Bank and BBVA set up wealth manager

    Posted May 12th 2009, 12:00am by Martin Zhou

    ... Martin Zhou in Beijing China Citic Bank Corp has formed a private banking venture with Banco Bilbao Vizcaya Argentaria as part of the restructuring effort that includes the newly announced acquisition of an overseas unit, sources said. The venture would be mainland-focused, and BBVA would hold a bigger stake than the 10.07 per cent stake it now owned in Citic Bank, they said. Citic ...

  2. Minsheng Bank looks for overseas investors

    Posted Mar 05th 2009, 12:00am by Martin Zhou

    ... China Minsheng Banking Corp, the country's first lender founded by private companies, is in talks to sell shares to strategic foreign investors, including banks, the chairman said. The bank is negotiating with companies from the United States and Eur ...

  3. Bank of Shanghai cleared to appoint new chief

    Posted Oct 30th 2008, 12:00am by Martin Zhou

    ... Martin Zhou in Shanghai Bank of Shanghai, the second-biggest city commercial bank that is partly owned by HSBC Holdings, has the municipal government's approval for the appointment of a new governor, ending a management reshuffle that has lasted for months, sources said. However, the lender's planned share offering, which has been expected to follow the reshuffle, has ...

  4. Guangzhou Auto may buy overseas assets

    Posted Apr 21st 2009, 12:00am by Kandy Wong, Martin Zhou

    ... Kandy Wong and Martin Zhou in Shanghai Guangzhou Automotive Industry Corp, the mainland's sixth-biggest carmaker, may buy overseas car component assets as prices have fallen sharply in the past months. Zeng Qinghong, the chairman of Guangzhou Auto, said yesterday during the Shanghai Auto Show that the carmaker 'hopes to acquire some core technologies of the global ...

  5. State-backed firms told to slow buying sprees

    Posted Feb 23rd 2009, 12:00am by Kandy Wong, Martin Zhou

    ... Kandy Wong and Martin Zhou in Beijing Even as the mainland's state-backed commodity companies have been on an overseas acquisition spree, manufacturing firms have been advised by the central government to slow down foreign mergers and acquisitions, as it believes global asset prices will continue to slide and better terms can be had for offshore acquisitions by waiting. China ...

  6. Evergrande IPO attracts tycoons

    Posted Oct 20th 2009, 12:00am by Amanda Lee

    ... Amanda Lee Evergrande Real Estate Group hopes to raise HK$6 billion following a deep price discount and help from the city's most prominent tycoons - Li Ka-shing, Cheng Yu-tung and Joseph Lau Luen-hung - after the mainland developer failed to tap the Hong Kong equity market last year. Guangzhou-based Evergrande is now priced at only five to 6.5 times forecast earnings, ...

  7. Lee & Man sale of stake sees shares drop

    Posted Jun 23rd 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Lee & Man Paper Manufacturing has agreed to sell a 12 per cent stake to Nippon Paper Group for HK$3.55 billion, a move that saw the share prices of both companies fall yesterday. Lee & Man Paper, the second largest linerboard manufacturer in China, fell 3.9 per cent to HK$6.43 in Hong Kong, while Nippon Paper dropped 1.3 per cent on the Tokyo Stock Exchange ...

  8. Long Lost Lee

    Posted Apr 27th 2004, 12:00am by Winnie Chung

    ... to put an end to the speculation, and release what Bruce Lee fans have been waiting for since the star's untimely death three decades ago: unseen clips and outtakes from his last film, Game ... and repacked during the move... and the long-lost film cells were found among countless other titles. 'We were lucky,' says Poon. Which may be how some of Lee's die-hard fans are feeling ...

  9. Henderson chief takes on next challenge

    Posted Sep 03rd 2004, 12:00am by Karen Chan, Peggy Sito

    ... for a successor is not a big problem.' Mr Lee said his elder son, Peter Lee Ka-kit, had taken charge of the mainland business while his younger one, Martin Lee Ka-shing, was involved in the Hong Kong ... Having amassed a vast fortune, Lee Shau-kee tells Peggy Sito and Karen Chan the focus now is on the need to preserve it Over the past few decades, Henderson Land Development chairman Lee ...

  10. 'Long Hair' ordered to pay 60pc of legal costs in New World case

    Posted Dec 12th 2009, 12:00am by Staff Reporter

    ... hired barrister Martin Lee Chu-ming to argue a separate legal point on the drafting history of the Basic Law, could easily have briefed Michael Thomas SC to include the point in his submissions ... yesterday after hearing arguments from Lee on behalf of the lawmaker in a separate hearing last month. In his judgment, Cheung said his earlier decision had not been intended to penalise Leung ...




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