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  • September 21, 2014
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  1. Time running out for offerings by mainland firms

    Posted Aug 18th 2011, 12:00am

    ... May Chan may.chan@scmp.com The clock is ticking for cash-strapped mainland companies seeking to list in Hong Kong this year, but market sources say few are realistic enough to scale back their deal size to meet bleak market sentiment. Any listing hopefuls ...

  2. Judgment today in long-running battle for tycoon's fortune

    Posted Feb 02nd 2010, 12:00am by Staff Reporter

    ... Yvonne Tsui A High Court judge will today give his decision in the probate battle surrounding rival claims to the multibillion-dollar fortune left by tycoon Nina Wang Kung Yu-sum. Mr Justice Johnson Lam Man-hon will deliver his judgment on the claims by f ...

  3. HK shares climb 2.3pc to snap 3-day run of losses

    Posted Oct 31st 2009, 12:00am by Nick Westra

    ... Nick Westra Hong Kong stocks surged the most in six weeks yesterday, ending the month on a hopeful note after unexpected signs of improvement in key overseas economies breathed new life into the market. The Hang Seng Index snapped a three-day losing strea ...

  4. MTR expected to report modest growth while hopes run high for China Everbright

    Posted Mar 10th 2008, 12:00am by Staff Reporter

    ... MTR Corp: March 11 Hong Kong's sole mass transit rail operator MTR Corp (66) is expected to have enjoyed only modest growth in property-related earnings last year, given that it might not have booked in full its property revenue from the fourth quart ...

  5. History of runs

    Posted Sep 25th 2008, 12:00am by Staff Reporter

    ... June 14, 1961 A run begins on Liu Chong Hing Bank. The crisis lasts for several days until the Hongkong Bank and the Chartered Bank offer support. Jan-April, 1965 What began as a run ... David Trench imposes a maximum withdrawal of HK$100 a day and sterling notes are shipped from Britain. Runs hit other Chinese-owned banks- Far East Bank, Wing Lung Bank, Ka Wah Bank, Dao Heng ...

  6. Funds spent on Nikes for bank staff to 'run faster in disaster'

    Posted Jun 15th 2008, 12:00am by Minnie Chan

    ... Minnie Chan A branch head of the Industrial and Commercial Bank of China (ICBC) in Mianyang, Sichuan, was suspended for using reconstruction funds to buy Nike shoes for its staff to help them 'run faster when disasters strike'. A statement posted on the ICBC's official website yesterday confirmed that the head of Fucheng branch in Mianyang city was under ...

  7. Alleged shell companies run by Ao Man-long

    Posted Nov 08th 2007, 12:00am by Staff Reporter

    ... Citygrand Management Owned by Ao Man-long's sister-in-law, Chan Va-choi, and managed by Ao and his wife. The firm has three accounts with ICBC Asia in Hong Kong and another account with HSBC, Hong Kong. Trendfree Development Owned by Ao and his wife. ...

  8. Property extends winning run into sixth session

    Posted Jul 19th 2005, 12:00am by Staff Reporter

    ... Anette Jonsson Investors shrug off expectations of interest rate increases Property stocks rallied for the sixth straight session yesterday as investors embraced news of strong home sales over the weekend and continued to shrug off expectations of further ...

  9. Stocks end record run amid fears Beijing may impose curbs

    Posted Oct 13th 2007, 12:00am by Tom Miller

    ... Wong Ka-chun, Tom Miller The Hang Seng Index slid from its record yesterday, snapping a three-day rally, as investors were concerned that Beijing may announce measures during the Communist Party congress next week to curb the surging market. Dampened by p ...

  10. 7-Eleven owners say wage rise has made them losers

    Posted Apr 30th 2012, 12:00am

    ... to run the convenience stores, said Thomas Hung Wing-yu of the Hong Kong Franchisee Association. 'Life is very tough,' Hung said. 'In a bad month we earn HK$7,000 or less. A boss running a store in Chai Wan works around the clock and sleeps fewer than three hours.' Some 563 of Hong Kong's 964 7-Eleven stores are operated by franchisees. Each is required to pay ...




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