The wrongs of the right-thinking approach to law

Kevin Zervos, Director of Public Prosecutions. Photo: Nora Tam

Let's split a few hairs here. Note that Mr Zervos does not say the accused knew that he or she was dealing in the proceeds of serious crime, only that he or she knew the facts and circumstances that would lead a right-thinking member of the community to believe so.

Thursday, 28 March, 2013, 5:52am 18 comments

Rare pick from within as Gao Hucheng gets key economic job

Gao Hucheng. Photo: Reuters

The 61-year-old, fluent French speaker, faces tough challenges after the country's trade growth missed the official target last year and turned in its worst performance since the global financial crisis.

17 Mar 2013 - 7:01am

Milk traders able to skirt checks at border town

Chung Ying Street does not have a checkpoint. Photo: David Wong

Traders of contraband milk formula are shifting their operations to a historic street in the border town of Sha Tau Kok, which lets them skirt tighter checks on parallel exports that began on Friday.

3 Mar 2013 - 5:14am

CRCC charges ahead in foreign lands

China Railway Construction, one of the world's top 500 companies, will be hoping not to kick an own goal following its involvement in Italian soccer club Inter Milan.

State-owned giant CRCC has expanded its presence overseas in recent years and now operates in 48 countries and regions worldwide, according to the company's annual report last year.

15 Aug 2012 - 10:54pm

Sotheby's sues mainlander for failing to pay for art

Sotheby's is suing a mainland man for more than HK$27 million over Chinese paintings and scrolls that it says he bought in an April auction in Hong Kong but never paid for.

Sotheby's Hong Kong filed a claim at the High Court against Zhang Bo, of Jinshui district, Henan province, on Saturday.

17 Jul 2012 - 12:00am

Queries raised over bid for LME

Hong Kong Exchanges and Clearing wants to buy the London Metal Exchange in order to diversify its business, but analysts question how the acquisition will really help the city develop its own commodities trading.

5 Jun 2012 - 12:00am

A humble bowl's brush with history

A small, plain bowl from the 12th century sold for a record HK$208 million - three times its pre-sale estimate - as Sotheby's five-day spring auction concluded yesterday in Hong Kong.

The 900-year-old Ru Guanyao (government ceramics kiln) lobed brush washer dating from the Northern Song dynasty is one of just five in private hands out of 79 in existence.

5 Apr 2012 - 12:00am

Dealers seeing red over false bidding

When the hammer came down on an abstract painting by Zao Wou-ki at a Sotheby's Hong Kong sale in October, the HK$69 million bid set a new auction record for the Chinese-French artist.

The colourful piece, 10.1.68 (1968), then made headlines again three months later, this time for a less celebratory reason: the mainland woman who bid for it, Ren Chunxia, failed to pay up.

30 Mar 2012 - 12:00am

That's your lot

Paul Dunn remembers the first wine auction he attended, in 2008. He had only recently decided to start collecting, and was eager to acquire bottles quickly.

'I was starting from scratch. I had bottles at home, but in no way could it be called a collection,' he recalls over glasses of wine at the Hong Kong Golf Club in Deep Water Bay.

16 Feb 2012 - 12:00am

Shoe firms win fight over EU anti-dumping duties

A landmark ruling by the European Court of Justice is expected to result in lower anti-dumping duties on Chinese goods exported to the EU.

The judgment by the EU's top court meant that in future, Chinese goods heading to the EU would in general face lower anti-dumping duties, said Edmund Sim, a partner at international law firm Appleton Luff.

4 Feb 2012 - 12:00am

Betting big in art's hard times

The economic outlook may be grim and the world art market on a rocky ride, but auctioneers in Hong Kong are undeterred - they have launched a series of sales with blockbuster names that they hope will defy the financial turmoil.

26 Nov 2011 - 12:00am

China slams US probe on solar products dumping

China has contested a United States decision to launch anti-dumping and countervailing duty investigations on Chinese-made solar power panels.

Ministry of Commerce spokesman Shen Danyang yesterday criticised the US for initiating trade frictions and that for the first time the probes centred on a Chinese clean-energy export.

11 Nov 2011 - 12:00am

Going once

As the president of Christie's Asia and one of the world's foremost auctioneers, Francois Curiel is well aware of the importance of timing. 'An auctioneer has to be fair to the buyer and the seller. This can be difficult, as a seller will want you to keep your hammer in the air as long as possible, while a buyer wants you to bring the gavel down straight after his bid.

9 Nov 2011 - 12:00am

Harvey Nichols opening gets its grand message across loud and clear to aspirational shoppers

The grand opening cocktail soir?e at Harvey Nichols in Pacific Place Garden Court was anything but subtle.

More than 600 VIPs packed into the centre of the atrium on Tuesday, cordoned off by velvet rope, while onlookers from above had a field day with celebrity sightings.

20 Oct 2011 - 12:00am

Diva's jewellery hits auction block

Jewellery that belonged to late Canto-pop diva Anita Mui Yim-fong will be auctioned, but the amount raised may not be enough to cover the hefty costs involved in managing her estate.

Forty three lots from her collection will be offered at Sotheby's autumn sale on Wednesday and are expected to fetch more than HK$2.6 million.

1 Oct 2011 - 12:00am