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  • September 3, 2014
  • Last updated: 5:38am
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  1. Business - Banking & Finance

    Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

    Posted Jan 14th 2014, 08:51am by Jeanny Yu; George Chen

    ... not see any actual impact," said Jack Chan, a managing partner of financial services for the Greater China region at Ernst & Young, one of the world's Big Four accounting firms. ... We view it as a goodwill gesture by PBOC to assuage concerns of the lack of clarity on the regulatory scheme, but it is not enough," said Shanghai-based Joseph Chan, a partner with law ...

  2. Business - Banking & Finance - FINANCIAL SERVICES

    Haitong diversifies as fee war rages on

    Posted Aug 26th 2013, 12:00am by George Chen, Ray Chan

    ... George Chen and Ray Chan Chief of offshore arm of the mainland's No 2 brokerage says move into banking reflects need to offer broader range of financial services Haitong diversifies as fee war rages on Hong Kong's highly competitive stockbroking business has forced one of the mainland's largest brokerages to transform itself into a universal bank in an effort ...

  3. Business - Banking & Finance - MR. SHANGKONG

    Hong Kong's prospects bright even with competition from Shanghai

    Posted Aug 19th 2013, 12:00am by George Chen

    ... Secretary for Financial Services and the Treasury Chan Ka-keung. He also noted that Hong Kong had proved to be good at attracting people from all over the world. He cited the recently announced plan ...

  4. Business - Companies

    Alibaba's plans for US$15b listing in Hong Kong in doubt

    Posted Aug 16th 2013, 02:58am by George Chen, Ray Chan

    ... George Chen and Ray Chan Alibaba's plans for US$15b listing in HK in doubt Alibaba chairman Jack Ma’s manoeuvring to keep management control of the company he founded has  derailed plans for a possible US$15 billion listing of the firm’s shares in Hong Kong this year. It could even see the company opt for a New York listing instead, investment bankers have told the South ...

  5. Business - Companies - LISTINGS

    Control issue clouds Alibaba's Hong Kong IPO

    Posted Aug 16th 2013, 12:00am by George Chen, Ray Chan

    ... George Chen and Ray Chan Flotation's prospects dim amid founder Jack Ma's apparent desire to stay in charge clashes with listing rules forbidding separate voting rights Control issue clouds Alibaba I.P.O. Prospects for a Hong Kong listing this year for Chinese internet giant Alibaba have dimmed dramatically in the wake of disclosures by investment bankers ...

  6. Business - Economy - CURRENCIES

    Hong Kong may widen renminbi business

    Posted Jun 13th 2013, 12:00am by Gary Cheung, Charlotte So

    ... and Singapore, according to Norman Chan Tak-lam, the chief executive of the Hong Kong Monetary Authority. "Hong Kong is open-minded towards the development of offshore renminbi business and we hope to strengthen the co-operation with Singapore and New York to make the pie even bigger," Chan told Xinhua in New York yesterday. "Hong Kong and our overseas counterparts could create a win-win ...

  7. Business - Money - LISTINGS

    Four firms set to begin roadshows

    Posted Jun 11th 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com New World hotel spin-off leads latest charge to tap market for funds as investor sentiment improves amid rebound in the US economy Four firms set to begin roadshows At least four companies kicked off their pre-marketing campaigns yesterday to raise a combined US$1.3 billion through initial public offerings in Hong Kong, banking on rising investor ...

  8. Business - Companies

    Hong Kong firms less eager for tax advice

    Posted Jun 11th 2013, 12:00am by KANIS LI

    ... regime at their place of business in the first quarter. Fifty were Hong Kong companies. William Chan, a tax partner at Grant Thornton Hong Kong, said the city's tax system was relatively simple and straightforward. As a result, firms in the city were less eager for guidance on tax. Chan said most Hong Kong business leaders were still open to further guidance on cross-border tax ...

  9. Business - Money - LISTINGS

    Hong Kong IPO values surge in May on SOE listings

    Posted Jun 03rd 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Outlook uncertain despite flotations in the market climbing 38 per cent year on year to US$4.6 billion in the first five months State firm share Sales help boost IPO turnover A marked improvement in the health of Hong Kong's listing market last month saw deal volumes post a big rise, mainly due to the float of two state-owned enterprises which ...

  10. News - Hong Kong

    From Hong Kong to Canada and back: the migrants who came home from home

    Posted May 28th 2013, 12:00am by Ian Young

    ... through. Richard Li has also touted his Canadian citizenship in bidding for Canadian firms. Other business figures: Cheng Yu-tung, Pansy and Lawrence Ho, Michael Chan Yue-kwong, David Ting Kwok-ho ... Miss Chinese Vancouver pageant, and hosted a Cantonese-language television show in the city. Other pageant winners: Kayi Cheung (Miss HK 2007), Aimee Chan (Miss HK 2006), Sonija Kwok (Miss HK ...




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