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  • September 21, 2014
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  1. Mainland bankers in line for pay rises

    Posted Jul 18th 2012, 12:00am

    ... George Chen george.chen@scmp.com At a time when bankers in Hong Kong and on Wall Street worry the weak global economic outlook will cost them their jobs, their counterparts in Shanghai and Beijing have something else on their minds - how big their raise i ...

  2. Everbright Bank lines up big guns for HK listing

    Posted Jun 01st 2011, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com China Everbright Bank has hired nine investment banks including Morgan Stanley, China International Capital Corp and UBS to manage its share offering in Hong Kong next month. The Beijing-based bank, the mainland ...

  3. Flats sold for less than bottom line

    Posted Jul 15th 2009, 12:00am by Staff Reporter

    ... Eva Wu A harbourfront housing estate that had never been occupied was sold to developers for almost HK$300 million less than the amount the Executive Council had set as the bottom line ... government had gone through different views and contentions over the bottom line that it could accept during the mediation process. Finally it agreed that the administration would not sell for any ...

  4. Agents in line for windfall from bumper deals

    Posted Apr 22nd 2009, 12:00am by Sandy Li

    ... Sandy Li An estimated HK$5 billion in revenue generated by the sale of 1,500 new flats in less than 72 hours has thrown a multimillion-dollar commission lifeline to thousands of property agents. Cheung Kong (Holdings) attracted HK$2 billion in revenue fro ...

  5. Molong lines up 1b yuan project to triple capacity

    Posted Jan 21st 2008, 12:00am by Carol Chan

    ... Carol Chan Shandong Molong Petroleum Machinery, an H-share company seeking to list on the mainland, plans to invest one billion yuan to triple its production capacity to meet rising demand from the global oil industry. Annual production capacity at the Sh ...

  6. Development Bank in line for US$20b boost

    Posted Aug 07th 2007, 12:00am by Tom Miller

    ... Beijing is planning to inject US$20 billion into China Development Bank to support the policy lender's restructuring into a commercial bank, the China Daily said yesterday. The news came as a manager at Central Huijin Investment, the state investment ...

  7. Air China lines up 8b yuan float

    Posted Jul 22nd 2006, 12:00am by Staff Reporter

    ... Proceeds from A-share sale intended to fund purchase of 45 aircraft and expansion at Beijing international airport Air China, the mainland's most profitable airline, may sell 2.7 billion A shares for about eight billion yuan as soon as early next mon ...

  8. Little Sheep lines up US$150m share float

    Posted Apr 12th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun Little Sheep Group, a mainland hot-pot restaurant chain, plans to raise as much as US$150 million from an initial public offering in Hong Kong this quarter to fund expansion, sources said. 'The company hopes to raise at least US$100 mill ...

  9. Even the darkest of clouds has a silver lining

    Posted Nov 13th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu It was a dark day for the market yesterday; the Hang Seng Index fell more than 1,100 points and local brokerage Great Honest Investment went bust. While many are saying the stock party is over, fund houses such as Invesco remain optimistic about ...

  10. Property revival on the line as priorities are reordered

    Posted Jun 22nd 2004, 12:00am by Staff Reporter

    ... Craig Stephen New supply is casting a pall over Hong Kong's property market, after news that land sufficient for 13,600 flats may go out to tender from Kowloon-Canton Railway Corp. The concern is that these apartments- to be built on top of KCRC stat ...




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