Lawyers have urged the securities regulator to continue exploring the potential for a criminal investigation into Cheung Kong's controversial sales of hotel suites in Kwai Chung despite its pact...
- Sun
- May 19, 2013
- Updated: 6:13am
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Cheung Kong
Hutchison Whampoa, one of Hong Kong’s largest listed companies, is controlled by Cheung Kong Group, a property company. Hutchison's operations span ports, property and hotels, retailing, power generation and telecommunications. It owns Cheung Kong Infrastructure, and is headed by Li Ka-shing, Asia’s wealthiest man.
16 May 2013
Three months ago, Cheung Kong was still adamant that its sale of Apex Horizon hotel suites was perfectly lawful. It shrugged off criticism that it was exploiting a legal loophole that enables...
2:47AM
16 May 2013
The famous American banker J.P. Morgan was once asked in a congressional hearing what he thought to be the foundation of finance. Is it profit or wealth, a congressman asked. "No, Sir," Morgan...
3:53AM
5 comments
15 May 2013
Many people think it took the Securities and Futures Commission to put the fear of God into Cheung Kong and force it to cancel its dodgy sales of hotel suites at Apex Horizon. I rather think we...
3:06AM
15 May 2013
Buyers' hopes of seeking extra compensation were dashed when Cheung Kong said in a statement that there was no condition offering refunds of double the deposits in the preliminary and formal sale-...
5:33AM
15 May 2013
Development plans by property giant Cheung Kong (Holdings) suffered their second blow in a week after the developer's green-group partner in a controversial wetlands housing project pulled out.
7:30AM
Let's define what racism is if that is even possible. Was the recent TV commercial by General Motors racist? It used lyrics of a 1930s song that described China as the land of Fu Manchu where...
4:02AM
Cheung Kong has emerged as the loser in the nearly three-month long tussle with the government over the controversial sale of its hotel development at Kwai Chung.
4:05AM
Cheung Kong (Holdings) will refund deposits and cancel the sales of its hotel suites after a securities watchdog probe found the deals breached the law as unauthorised investments.
9:57AM
When Hong Kong property developers get a good idea, they tend to all converge on it at once. The idea that has captivated them right now is the hotel trust listing. There are three on the cards,...
5:59AM
Tycoon Li Ka-shing’s Hutchison Whampoa on Friday accused unionists and dock workers of making their strike a “class struggle” against the rich and not genuinely seeking a pay rise.
7:58PM
Mr Justice Derek Pang Wai-cheong, sitting in the Court of First Instance, said he would not hear the application in the absence of the demonstrators because it involved a constitutional right to...
5:58AM
2:30AM
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