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  • April 16, 2014
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  1. Business - Banking & Finance - INVESTMENT

    Private equity's princeling with the Midas touch

    Posted Apr 10th 2014, 03:31pm by Reuters

    ... Reuters Grandson of ex-president Jiang Zemin has a knack for landing lucrative deals, including a stake in Alibaba expected to deliver a big pay day Princeling's private equity empire ... ambition, you can achieve". He is a "princeling", the term used for relatives of current or former senior Communist Party leaders. His father, Jiang Mianheng, is the chief executive ...

    http://www.scmp.com/business/banking-finance/article/1473654/princeling-midas-touch
  2. Business - Banking & Finance - FINANCE

    JPMorgan’s top China banker Fang Fang to retire, as colleague Frank Gong gets promotion

    Posted Mar 24th 2014, 10:20am by George Chen, Ray Chan

    ... Ray Chan and George Chen Fang Fang's early retirement comes as US bank is probed over its hiring practices on mainland JP Morgan's top China bankerto step down JP Morgan Chase's chief executive for China investment banking is stepping down ...

    http://www.scmp.com/business/banking-finance/article/1456019/jpmorgans-top-banker-china-resign
  3. Business - Companies - MR. SHANGKONG

    Chinese firms in Hong Kong may be new paradises for 'princelings'

    Posted Sep 16th 2013, 12:00am by George Chen

    ... firms in HK may be new paradises for 'princelings' It's a season of change in Hong Kong. Change what? Quietly changing jobs for some important people. The US government announced ... of many major mainland banks and securities firms are now set to become the new paradises for the so-called princelings- the sons and daughters, or even grandsons and granddaughters, ...

    http://www.scmp.com/business/companies/article/1310489/chinese-firms-hong-kong-may-be-new-paradises-princelings
  4. News - China - BANKING

    JP Morgan Chase faces US probe for hiring Chinese princelings

    Posted Aug 18th 2013, 09:30am by George Chen, Ray Chan

    ... George Chen and Ray Chan JP Morgan faces probe for hiring princelings JP Morgan Chase was caught in the spotlight yesterday after media reports suggested the bank hired sons and daughters of senior Chinese officials in the hope of winning deals from major state-owned enterprises. The revelation of JP Morgan's hiring of the son of China Everbright Group's chairman ...

    http://www.scmp.com/news/china/article/1297521/jpmorgan-bribery-probe-over-china-hiring-report
  5. Business - Companies

    Exclusive: 'Princeling' firm holds secret stake in giant fund house Cinda

    Posted Mar 26th 2013, 12:00am by George Chen

    ... the former chief finance officer of the Chinese computer maker Lenovo, to set up Boyu. Many sons and daughters of senior Chinese officials, known as "princelings", studied abroad and later ... in government. A source close to the younger Jiang, now in his late 20s and based in Hong Kong, said he was "a very smart and nice young person. Unlike many other princelings, he has tried very hard ...

    http://www.scmp.com/business/companies/article/1199706/exclusive-princeling-firm-holds-secret-stake-giant-fund-house
  6. Business - Banking & Finance - EMPLOYMENT

    Banks will not end connected hiring

    Posted Sep 16th 2013, 12:00am by Enoch Yiu, George Chen

    ... have no plans to change their policy of hiring so-called princelings or other well-connected people to help grow their business on the mainland or in other emerging markets- despite ... and Exchange Commission in examining whether conflicts of interests may arise for the US investment bank from its hires of the princelings- the second or third generations of senior mainland government ...

    http://www.scmp.com/business/banking-finance/article/1310591/banks-will-not-end-connected-hiring
  7. Business - Comment - MR. SHANGKONG

    Overseas study offers young education on foreign policy

    Posted Mar 24th 2014, 04:45am by George Chen

    ... a popular destination for overseas education by "princelings"- the sons, daughters, grandsons and granddaughters- of senior Chinese officials. Former premier Wen Jiabao's son, Winston ...

    http://www.scmp.com/business/article/1455672/overseas-study-offers-young-education-foreign-policy
  8. Business - Banking & Finance - MR. SHANGKONG

    Why the children of many important people are in Hong Kong

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

    ... George Chen george.chen@scmp.com Job offers at top US investment bank in the city hardly breaking news as workplace is safer and closer to their hometowns on the mainland Why the children of many important people are in HK The sons and daughters and even ...

    http://www.scmp.com/business/banking-finance/article/1299396/why-children-many-important-people-are-hong-kong
  9. Business - Banking & Finance - PEOPLE

    The chess master behind the Citic takeover deal

    Posted Mar 29th 2014, 01:13am by Ray Chan

    ... background of Chang, whose father was a professor with Tsinghua University in Beijing, had helped him climb the corporate ladder in a state-owned firm stuffed with party princelings ...

    http://www.scmp.com/business/banking-finance/article/1459879/chess-master-behind-citic-takeover-deal
  10. Business - Banking & Finance - EMPLOYMENT

    JPMorgan effect casts chill over firms' hiring practices in China

    Posted Feb 07th 2014, 09:56am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Demand for offspring of influential mainlanders takes a fall amid controversy over employment Firms wary of hiring princelings amid probes Western ... investment banking team based on people with industry expertise rather than "princelings"- offspring of influential mainlanders. A UBS spokesman said: "UBS appoints on merit ...

    http://www.scmp.com/business/banking-finance/article/1422740/jpmorgan-effect-casts-chill-over-firms-hiring-practices

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