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  • October 22, 2014
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  1. Offshore fund for A shares delayed

    Posted Jul 30th 2003, 12:00am by Staff Reporter

    ... The launch of the first offshore fund for mainland-listed A shares has been delayed after running into 'technical difficulties' in the United States, the South China Morning Post has learned. The fund, which aimed to raise US$50 million to US$100 million from institutions and corporations, was scheduled to list on the Irish Stock Exchange in Dublin this month. ...

  2. Offshore hopes boost BOCHK to fresh high

    Posted Aug 19th 2003, 12:00am by Staff Reporter

    ... Laggard Bank of China (Hong Kong) touched a fresh high yesterday, with investors snapping up the counter on hopes it will benefit from the proposed offshore yuan business under the closer ... for the bank from the cyclical upturn next year and the potential offshore renminbi business,' Lehman Brothers analyst Tracy Yu said. It has an 'overweight' rating on the stock ...

  3. Sinopec, CNOOC sign mainland offshore gas deal with global giants

    Posted Aug 20th 2003, 12:00am by Eric Ng

    ... dominant offshore oil producer, and Sinopec - China's second-largest oil and gas producer - each has a 50 per cent interest in the areas, but their stakes will be diluted to 30 per cent under the agreement. British-Dutch group Shell and United States-based Unocal will each have 20 per cent. As in other offshore Sino-foreign projects, the foreign partners will assume all the risks ...

  4. Work makes inevitable drift offshore

    Posted Jul 26th 2003, 12:00am by Michael Logan

    ... of multinationals shifting service industry jobs to low-cost countries such as China. Joining TCS in the trend to move offshore are HSBC and NEC of Japan and possibly Dell Computer of the United States. ... to the mainland, Malaysia and India. Vinh Tran, a manager of external relations, said the decision was a matter of 'cost efficiency and operational efficiency as well'. Offshore employees handle ...

  5. TV maker threatens to move offshore

    Posted Aug 21st 2003, 12:00am by Staff Reporter

    ... Mainland consumer electronics maker TCL International Holdings will shift television export production to restriction-free countries if the United States takes anti-dumping action against China and Malaysia. The proposed move was in line with the company& ...

  6. Tax haven

    Posted Aug 08th 2003, 12:00am by Staff Reporter

    ... Islands' record as an offshore 'tax haven'. Ms Smith is correct to state that the BVI has never appeared on any so-called blacklist, and that it has always been co-operative towards the Financial Action Task Force (FATF), OECD, G8 and other government-backed groups. Whilst the BVI's economic self-interest in keeping its offshore companies off the blacklists will naturally have ...

  7. Rethink urged on IT outsourcing

    Posted Dec 15th 2003, 12:00am by Staff Reporter

    ... BIEN PEREZ The government was urged on Monday to rethink its information technology outsourcing programme and its funding for research and development projects. IT sector legislator Sin Chung-kai said the government's Information Technology Professio ...

  8. Outsourcing not for all companies, say experts

    Posted Dec 01st 2003, 12:00am by Danyll Wills

    ... DANYLL WILLS Hong Kong information technology experts said IT outsourcing might be the flavour of the month, but the cost-saving measure might not suit everyone. Speaking at last week's Chief Information Officers' Roundtable, organised by the Ec ...

  9. Disney's MTR plans leaked

    Posted Sep 15th 2003, 12:00am by Staff Reporter

    ... Mickey Mouse-shaped windows, luridly coloured interiors and pink drivers' compartments with pink control panels. This is the vision of the MTR trains that will service the Disney theme park, as revealed when computer-generated images of the carriages were leaked on the internet. Although the basic carriage is the same as a regular MTR train, the secret preliminary plans ...

  10. No court appeal for lawyer accused of leaking secrets

    Posted Dec 04th 2003, 12:00am by Staff Reporter

    ... Chow Chung-yan The Shanghai advocate's wife says his advisers have been told to submit their defence in writing by today A Shanghai lawyer accused of leaking state secrets has been denied an open hearing for his appeal because the authorities are eager to close the case to avoid further controversy, human rights groups said yesterday. Zheng Enchong, who helped Shanghai ...




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