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  • October 2, 2014
  • Last updated: 9:06pm
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  1. Business - Banking & Finance - COURTS

    Deutsche Bank offers ICBC executive Zhang Hongli a settlement deal

    Posted Aug 25th 2014, 03:34am by STAFF

    ... that Zhang Hongli, now senior executive vice-president of the Industrial and Commercial Bank of China (ICBC), repay US$6.3 million. That amount is made up of the US$3.9 million that Zhang was said to have transferred and US$2.3 million of accumulated interest. It did not say when the transfer took place. Zhang, also known as Lee Zhang, held senior positions at Deutsche Bank from 2001 ...

  2. Business - Banking & Finance - BANKING

    Zhang Hongli lawsuit 'will hurt Deutsche Bank's ICBC relationship'

    Posted Aug 25th 2014, 03:33am by DON WEINLAND

    ... relationship' The US$6.3 million lawsuit filed by Deutsche Bank against Industrial and Commercial Bank of China (ICBC) executive Zhang Hongli will hurt the German lender's long-term relationship with the mainland bank, people who worked at Deutsche Bank at the same time as Zhang said. Zhang's mainland connections were instrumental to the German bank in setting up its mainland presence, sources ...

  3. Business - China Business - TECHNOLOGY

    Mainland Chinese technology firms lure back homegrown talent

    Posted Oct 02nd 2014, 04:50am by Sophie Yu

    ... tech firms lure back overseas talent Kingsoft chief Zhang Hongjiang declared it to be the end of an era. Keso Hong Bo, one of the mainland's most famous IT bloggers, said simply: "It ... talent from Silicon Valley in the United States. Zhang, who heads the mainland's leading software firm, was commenting on the impact of the departure last month of Microsoft's Asia ...

  4. Business - Companies - MANAGEMENT

    Citic unveils new board line-up

    Posted Sep 26th 2014, 02:41pm by Eric Ng

    ... absorbed by Hong Kong-listed Citic, has appointed its parent’s vice chairman Wang Jiong as its vice chairman and president, as part of wider top management reshuffle. President Zhang Jijing has ... candidates for senior management, reviewing material investment plans and significant transactions and strategy planning. It comprises of chairman Chang Zhenming, Wang, Dou, Zhang, Citic Group’s ...

  5. Business - Companies - TECHNOLOGY

    Hua Capital hires Bank of America for OmniVision deal

    Posted Sep 19th 2014, 05:34am by Bloomberg

    ... advising Hua Capital on the proposed takeover of OmniVision, whose camera sensors have been used in Apple's iPhone, said Steven Zhang, president of the buyout firm. Hua Capital is leading ... received an unsolicited offer from the investor group led by Hua Capital. Zhang declined to comment on specifics of the deal, including how much funding Bank of America will provide. A spokesman ...

  6. Business - Companies - TECHNOLOGY

    Microsoft’s man in China defects to search powerhouse Baidu

    Posted Sep 08th 2014, 04:12am by BIEN PEREZ, SUE SU XINQI

    ... Bien Perez and Sue Su Xinqi Blow to US tech giant as Zhang Yaqin moves to online search powerhouse Microsoft's man in China joins Baidu Zhang Yaqin, the man who helped build Microsoft's biggest technology research operation outside of the United States, is leaving the software giant to join Chinese online search powerhouse Baidu. Sources close to Baidu said Zhang would ...

  7. Comment - Blogs

    Weibo: Conspiracy theorists chat up Microsoft defection, iPhone 6 delay

    Posted Sep 15th 2014, 04:49pm by Doug Young

    ... of and reasons behind the surprise defection of Zhang Yaqin, a longtime China-based Microsoft (Nasdaq: MSFT) executive who abruptly left the company for a job at leading Internet search company Baidu ... industries, and their observations almost certainly come closer to the truth of what was really happening with these two big stories. The first of those came when Zhang Yaqin announced his departure ...

  8. Business - Companies - INTERNET

    Poaching of Microsoft's top China executive a coup for Baidu

    Posted Sep 08th 2014, 04:13am by BIEN PEREZ, SUE SU XINQI

    ... Bien Perez and Sue Su Xinqi Online search giant set to strengthen its top team with poaching of highly regarded executive Zhang Yaqin from Microsoft Key tech hire a coup for Baidu Zhang Yaqin has long been identified with Microsoft on the mainland. In 2007, Zhang took over Microsoft's mainland leadership role after Timothy Chen Yongzheng resigned as chief executive to join ...

  9. Business - Banking & Finance - REGULATION

    Chief of Galaxy Securities unit questioned in illegal bond probe

    Posted Sep 22nd 2014, 10:20am by Daniel Ren

    ... worth of millions of yuan in a single transaction. Last month, Zhang Dongsheng, former general director of the National Development and Reform Commission's finance unit, which is responsible for approving corporate bond sales, was investigated by judicial authorities for wrongdoings related to bond issuances in 2005. Financial magazine Caixin reported that Zhang ...

  10. Business - China Business - AVIATION

    Tianjin leads China in plane leasing

    Posted Sep 22nd 2014, 04:28am by SIJIA JIANG

    ... port (DFTP) zone, said Zhang Zhongdong, deputy director of its administrative commission. Some 409 aircraft had been delivered from the zone since the first transaction in late 2009, ... on the mainland," Zhang said. Forty aircraft have been leased through Shanghai, two from Shenzhen, and two via Xiamen, which are other pilot zones permitted to conduct aircraft leasing with preferential ...




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