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  • July 13, 2014
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  1. Business - Comment - LAI SEE

    From Domani to The Continental

    Posted Jun 07th 2014, 01:05am by Howard Winn

    ... market of Great Wall Military, one of the four units of the Anhui Military Industry Group. The firm which supplies weapons to the People's Liberation Army wants to raise 450 million yuan ... revenues of 1.2 billion yuan in 2013 compared with China's total defence spending of 720 billion yuan. Given the nature of its business Great Wall is less than forthcoming about its ...

  2. Business - Comment - LAI SEE

    Sex Drugs and GDP

    Posted Feb 12th 2014, 12:46am by Howard Winn

    ... that suggest the sex industry accounts for 1 per cent of Dongguan's gross domestic product, or 50 billion yuan. It is possible, he thinks, that the figure for the whole of the mainland could be around one trillion yuan. However all this is far from certain because, as he notes, there are a high number of "invisibles" when it comes to assessing sex industry statistics. But he ...

  3. Business - Comment - LAI SEE

    Infrastructure spending is declining, says Starry Lee

    Posted Feb 28th 2014, 01:01am by Howard Winn

    ... The corporation said expenditure on air travel, food, entertainment and cars had been reduced by 52.5 million yuan in 2013 from 2012, and is set to fall another 10 per cent this year.   Have you got any ...

  4. Business - Comment - LAI SEE

    Citic Securities land purchase in Shenzhen stirs CLSA

    Posted Feb 08th 2014, 05:12am by Howard Winn

    ... yuan (HK$4.4 billion) buying a plot of land in Shenzhen which will be developed as the "Citic Securities Shenzhen headquarters base project". The site is an enormous 31,463 square ... Ferrari. A cross-border licence plate can cost between 300,000 and 700,000 yuan. However, Simone Wheeler, CLSA's head of corporate communications, said the firm would remain in Hong Kong ...

  5. Business - Comment - LAI SEE

    The dark economic thoughts of Charlene Chu

    Posted Feb 05th 2014, 05:37am by Howard Winn

    ... told the newspaper. Her warnings have appeared particularly prescient in recent weeks with the concerns over how ICBC would resolve a 3 billion yuan (HK$3.8 billion) trust it had sold to its ...

  6. Business - Comment - LAI SEE

    Hong Kong's roadside pollution is affecting children's lungs

    Posted Oct 31st 2013, 02:52am by Howard Winn

    ... the law and refusing to listen to venue staff will face a penalty from 50 yuan (HK$63) to 500 yuan. Venue owners violating the law will first be warned, and subsequently face a penalty of up to 30,000 yuan for repeated violations. The Shenzhen law also puts a tough penalty of 30,000 yuan on cigarette vendors who sell to minors. Under the 1998 regulations, smokers who violated the ban ...

  7. Business - Comment - LAI SEE

    Scientists say planet is warming at half the forecast rate

    Posted Sep 18th 2013, 12:00am by Howard Winn

    ... while five are insolvent. The 86 firms tracked by the China Iron and Steel Association owed a combined three trillion yuan (HK$3.8 trillion) at the end of June, of which 1.3 trillion yuan ... international drinks firm Diageo became the mainland's first foreign-owned liquor company with its three billion yuan takeover of Swellfun, the Sichuan-based distiller. It took seven years ...

  8. Business - Comment - LAI SEE

    Big tobacco firms fear high taxes the most

    Posted Oct 04th 2013, 12:00am by Howard Winn

    ... with US$9.9 billion, more than double the US$3.8 billion announced in 2012. In debt capital market activity, offshore yuan volume stood at US$505 million through seven deals in the third quarter, ...

  9. Business - Comment - LAI SEE

    Does Li Ka-shing own the Cheung Kong Center?

    Posted Sep 20th 2013, 12:00am by Howard Winn

    ... Times reports that the next day he had collected 5,000 yuan from net users, enough for him to commence his investigations. This approach might work for Yin, who has something of a reputation. He ...

  10. Business - Comment - LAI SEE

    Rare opportunity to bid for Bernie Madoff's Bull

    Posted Sep 17th 2013, 12:00am by Howard Winn

    ... Given his 150-year jail sentence, he is unlikely to be needing those again.   Over my dead body Shanghai Fu Shou Yuan Industrial Development is planning a Hong Kong initial public offering, ...




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