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  • August 21, 2014
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  1. Business - LAI SEE

    Old school politician Macfarlane tells it like it is on carbon tax

    Posted Jul 01st 2014, 04:05am by Howard Winn

    ... Howard Winn Western politicians these days are masters of the 30-second sound bite, and spin prevails over substance. So it was refreshing to encounter an old school politician who tells ... there has been a decline. The official reason for this, Bloomberg reports, is that the party is looking for higher standards from its members. According to Liu Xutao, professor of public affairs ...

    http://www.scmp.com/business/article/1543891/old-school-politician-macfarlane-tells-it-it-carbon-tax
  2. Business - Comment - LAI SEE

    An unwelcome reminder of why 'the law is an ass'

    Posted Aug 20th 2014, 01:31am by Howard Winn

    ... The incident happened on July 8 and the statement was dated July 29 but there was no explanation for the delay in making it public. The report triggered online anger at the danger the incident posed ... the Ink Society and the School of Architecture of the Chinese University of Hong Kong are in fact all set up as non-profit organisations, and with the exception of the latter have charitable ...

    http://www.scmp.com/business/article/1577220/arts-affairs
  3. Business - Comment - JAKE'S VIEW JAKE VAN DER KAMP

    Let spoiled airlines fund Hong Kong's third runway, not the public purse

    Posted Jul 22nd 2014, 12:01am by Jake Van Der Kamp

    ... Jake van der Kamp Let spoiled airlines fund third runway, not the public purse An association representing 2,500 pilots in Hong Kong has voiced support for a third airport runway, saying ... then here is the big question: Why should the Hong Kong public purse pay for something that the beneficiaries themselves say is not worth their while? Just auction the landing slots at peak hours ...

    http://www.scmp.com/business/article/1557115/let-spoiled-airlines-fund-hong-kongs-third-runway-not-public-purse
  4. Business - Money - STOCKS

    Mainland IPOs spark investor frenzy

    Posted Aug 15th 2014, 01:09am by BLOOM

    ... Xiuli says she knows nothing about the nine mainland companies that held initial public offerings last month. Not a problem. Zhang, 37, tried to buy shares in each and every one, confident ... in the second half of 2010 saddled investors with losses within a year. Ding Yuan, a professor of accounting at the China Europe International Business School in Shanghai, said regulatory efforts ...

    http://www.scmp.com/business/money/markets-investing/article/1573802/mainland-ipos-spark-investor-frenzy
  5. Business - Banking & Finance - EARNINGS

    Newly listed banks see profits soar

    Posted Aug 20th 2014, 09:44am by DON WEINLAND

    ... (HK$2.09 billion), a year-on-year increase of 18.1 per cent. Net profit at Harbin Bank, which launched its initial public offering in March, soared by 25.8 per cent to 2 billion yuan, the bank said ...

    http://www.scmp.com/business/banking-finance/article/1577513/newly-listed-banks-see-profits-soar
  6. Business - Comment - LAI SEE

    Judge Zervos calls for reform of liquor licensing process

    Posted Aug 19th 2014, 01:15am by Howard Winn

    ... process which requires fulfilling a list of requirements. At this stage, there is little, if any, public participation in the process. But the applicant has to make a significant financial commitment to meet the requirements. Next is a separate application for a liquor licence, a process which involves public participation and a great deal of uncertainty. Zervos said: "The issues ...

    http://www.scmp.com/business/article/1576322/judge-zervos-calls-reform-liquor-licensing-process
  7. Comment - Insight & Opinion - THE VIEW

    China’s strategy: keep tilting the playing field until someone notices

    Posted Aug 21st 2014, 10:38am by RICHARD HARRIS

    ... is reflected in tight public security, and tougher restrictions have been imposed on the internet and social media. China’s foreign policy too has been highly assertive, which plays well domestically, ... leaves secrets in public places. The Religious Affairs Bureau has even stated that it will be rewriting Christian theology; not a mean undertaking considering the original author. Economic ...

    http://www.scmp.com/comment/insight-opinion/article/1578314/chinas-strategy-keep-tilting-playing-field-until-someone
  8. Business - Companies

    Fosun International in talks to buy Swiss Re's US life insurance unit

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... is a key line of business, said it would acquire 20 per cent of Ironshore, the Bermuda-based insurer which filed in June for a US initial public offering. Fosun International, which is publicly ...

    http://www.scmp.com/business/companies/article/1577246/fosun-international-talks-buy-swiss-res-us-life-insurance-unit
  9. Business - Money - LISTINGS

    Mainland regulator approves 11 IPOs

    Posted Aug 20th 2014, 09:21am by Daniel Ren

    ... public offerings on the Shanghai and Shenzhen stock exchanges, a move expected to drag down the market because of strong investor interest in newly listed shares. The China Securities Regulatory ... mainland firms' demand for financing." Beijing resumed processing applications for initial public offerings at the beginning of this year following a 15-month hiatus in a move designed ...

    http://www.scmp.com/business/money/markets-investing/article/1577502/mainland-regulator-approves-11-ipos
  10. Business - Money - REGULATION

    Fund managers’ lobbying on regulation backfires

    Posted Aug 21st 2014, 10:06am by Reuters

    ... plans will be discussed and later put out to public consultation. ...

    http://www.scmp.com/business/money/markets-investing/article/1578298/fund-managers-lobbying-regulation-backfires

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