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  • August 31, 2014
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  1. Business - Banking & Finance - MR. SHANGKONG

    Bank of China-CCTV drama may reveal power struggle in Beijing

    Posted Jul 14th 2014, 03:09am by George Chen

    ... George Chen george.chen@scmp.com Money laundering accusation may be sign of a power struggle within mainland banking system What's behind the BOC-CCTV drama? Late paramount leader ... Central Television (CCTV) of just such a stumble. CCTV surprised many when it accused BOC of providing "money laundering services" to rich mainlanders to help them emigrate. BOC, ...

  2. Business - Banking & Finance - MR. SHANGKONG

    Banking chiefs preoccupied with looming Occupy Central

    Posted Jun 23rd 2014, 03:08am by George Chen

    ... such as providing a nearby secured location where customers can deposit, withdraw or transfer money on a timely basis. Other banks also considered allowing their staff to work remotely, for example from ...

  3. Business - Comment - MR. SHANGKONG

    Why dealmakers prefer to talk with 'rich second generation'

    Posted Jun 16th 2014, 03:07am by George Chen

    ... has many new ideas. They have read many successful stories in Silicon Valley and they will naturally ask themselves: why can't I do that kind of new and fancy business to make quick money ... more money, perhaps even faster than what the company his dad founded could earn in a year, without worries about hiring so many people, pressure for pay rises and other troubles," ...

  4. Business - Economy - MR. SHANGKONG

    Xi Jinping's visit to Shanghai zone gives new hope to economic reform

    Posted May 26th 2014, 05:06am by George Chen

    ... real money. The Shanghai government was also concerned about such speculation so it organised many tours and briefings for foreign businesspeople and media. But the biggest question was always ...

  5. Business - Money - MR. SHANGKONG

    Big-name banks no guarantee for IPO success

    Posted May 05th 2014, 05:38am by George Chen

    ... George Chen george.chen@scmp.com Shuanghui's US$6 billion share offering proves having many renowned global investment advisers on the job not a guarantee for success Big-name banks little help in bringing pork seller to market The failure of top mai ...

  6. Business - Banking & Finance - MR. SHANGKONG

    Transparent hiring needed in equal opportunity Hong Kong

    Posted Apr 21st 2014, 01:19am by George Chen

    ... Transparent hiring needed in equal opportunity Hong Kong In China, sometimes guanxi is more important than money. Actually, guanxi- relationships and connections- is equally important in the rest ... state-owned enterprises (SOEs), while at the same time helping him launder money. As one source told the South China Morning Post: "If you have an affair with an SOE boss, it's not an issue ...

  7. Business - Money - MR. SHANGKONG

    Hong Kong should not be a dumping ground for middling IPOs

    Posted Mar 10th 2014, 05:59am by George Chen

    ... that small firms have an easier time raising money here than on the mainland. He also indicated that large state-owned enterprises, although they have the freedom to come to Hong Kong for IPOs, ... may find it hard to raise money at home, are we turning the Hong Kong stock market into a rubbish bin, or are we just Plan B for those who cannot list at home. The trick to getting any company ...

  8. Business - China Business - MR. SHANGKONG

    Greedy Shanghai taxi drivers show the 'evil' side of new technology

    Posted Mar 03rd 2014, 02:59am by George Chen

    ... kind of new technology should improve the quality of life for the general public, not just allow some people, like taxi drivers, to make quick money or help app developers quickly gather enough ...

  9. Comment - Insight & Opinion - MR. SHANGKONG

    Short-term contracts have dangers and may not even save money

    Posted Jan 28th 2013, 12:00am by George Chen

    ... George Chen Pressure to cuts headcounts is seeing more and more posts filled by temporary hires, but these pose threats, and might not even save money In the long term, short-term ... by then ex-colleagues for new jobs. In fact, hiring a contractor employee rather than a full-time permanent staffer does not necessarily mean the hirer will save money. Headhunters say the short-term cost ...

  10. Comment - Insight & Opinion - MR. SHANGKONG

    Teacher Guo's pearls of wisdom on how to make easy money

    Posted Jan 21st 2013, 12:00am by George Chen

    ... Guo's pearls of wisdom on how to make easy money Who holds the most bullish view in the world about the mainland's stock market these days? My answer is Guo Shuqing, the country's top ... market, to focus more on blue chips. It was a bold suggestion since many investors had lost their money and faith in the market. If the top securities regulator was asking you to buy blue chips, ...




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