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  1. Bond issuance set to go local

    Posted Aug 05th 2011, 12:00am

    ... directly in order to address the imminent maturing of massive existing liabilities they may struggle to repay. Chinese budget law bans direct debt issuance by local governments unless the State ... and mounting calls to remove fund-raising constraints on local governments. Nearly 42 per cent of those liabilities will mature this year and in 2012, according to the auditor. The bond issuance ...

  2. Dim-sum bond returns cannot match the hype

    Posted Apr 06th 2011, 12:00am

    ... on credit and liquidity risks. There has been virtually no secondary trading in most of the bonds since the market started operating in July 2010, and a significant number of yuan bond issuers were ... in the 'exceedingly low yields' of offshore yuan bonds. Many yuan bond investors keep their holdings because the currency is widely expected to appreciate. Although secondary trading is scarce, ...

  3. Secondary buyers seek more discounts

    Posted Nov 02nd 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Better sales of new homes last week amid improving sentiment did not translate to the secondary market, where sales, and sentiment among prospective ... insistent on seeking discounts of more than 10 per cent from flat owners in the secondary market. Last Saturday, Sun Hung Kai Properties (SHKP) released 50 flats for sale at The Wings. The price ...

  4. Secondary sales on rise

    Posted Oct 26th 2011, 12:00am

    ... Sandy Li Sales of homes in Hong Kong's secondary market rose for a second week as pent-up demand from genuine buyers triggered a big rebound in transactions, property agents say. The number of sales in the 50 largest private housing estates monitored by Ricacorp Properties rose to 185 in the week of October 17 to 23, up 32 per cent from the previous week. That compared ...

  5. Bargaining helps secondary market

    Posted Aug 31st 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Home sales in the secondary market were higher last week as sellers showed they were more willing to negotiate on their asking prices to entice buyers, according ... some confidence, and this has boosted the number of secondary transactions,' said David Chan, a director at Ricacorp Properties. Latest data compiled by the estate agency show that 267 ...

  6. Price cuts give lift to secondary market

    Posted Aug 24th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Home sales in the Hong Kong secondary market rebounded last week as owners cut asking prices in reaction to volatility on stock markets triggered by fears of global recession. In all, 229 transactions were recorded in 50 major estates for the week of August 15 to 21, up 18 per cent from the previous week, according to data from Ricacorp Properties. ...

  7. Voice problems plague 1 in 3 secondary teachers

    Posted Aug 15th 2011, 12:00am

    ... Adrian Wan adrian.wan@scmp.com About a third of the city's secondary school teachers have voice problems, a survey has found. The poll by the Hong Kong Association of Speech ... The association studied 1,200 secondary school teachers between May and December in 2008, and April and July this year to find out how widespread voice problems were among teachers and how badly they were ...

  8. U-turn for secondary schools on class cuts

    Posted Jul 05th 2011, 12:00am

    ... Ng Kang-chung kc.ng@scmp.com Some secondary schools have been asked to expand their Form One classes again- months after officials pressed them to cut the number. The measure was hastily ... to accept one more student to each of their Form One classes. And more than 100 primary school leavers in North District will have to travel to Tai Po for their secondary studies, while some 400 ...

  9. International Secondary Schools

    Posted Jun 27th 2011, 12:00am

    ... class size: 12 Extra-curricular activities; Pass rate in 2010: All declined to provide Fees: Secondary 3: HK$18,000; S4: HK$19,000; S5: HK$20,000; S6: HK$21,000. Application fee: HK$500 ... Evaluated by faculty members of Concordia University (Irvine), US Association membership: National Association of Secondary School Principals, US Year founded: 1990 Curriculum: North American-based ...

  10. Secondary Listings

    Posted Jun 20th 2011, 12:00am

    ... Philippe Espinasse moneypost@scmp.com Secondary listings are circling the Hong Kong stock exchange. But why? The exercise is of dubious value to issuer or investor. The US handbag maker Coach and the Kazakh miner Kazakhmys have announced their intention to seek secondary listings in Hong Kong. Britain's Burberry is also rumoured to be contemplating a similar exercise- ...




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