Company Name Change

Jianyin acquires collapsed brokerage

PBOC unit to revive China Southern Securities by taking over its investment bank and all 74 branches

Tuesday, 2 August, 2005, 12:00am

Paul Y-ITC seeks co-investor for port

Former builder prefers a mainland partner for $4.6b capital commitment in Yangkou deep sea project

Aspiring port operator Paul Y-ITC Construction Holdings is looking for strategic partners to co-invest in its proposed deep sea port project in Yangkou, according to deputy chairman Tom Lau.

23 Jul 2005 - 12:00am

Packaged service blurs lines

The lines between telecommunications and broadcasting will be further blurred this year when Hutchison Global Communications (HGC) and Television Broadcasts (TVB) subsidiary SuperSun begin bundling fixed-line voice services, pay-television and broadband connectivity into a single package.

14 Jul 2005 - 12:00am

Bridge to prosperity

Investors in Hong Kong are showing sophistication in the way they are diversifying their portfolios

GLOBALISATION OF THE banking industry over the last five years has made lending increasingly competitive. This has led to bigger risks and slimmer profit margins for banks, which has prompted a growing number of them to look for alternate sources of income.

9 Jun 2005 - 12:00am

Pay-back time for HK tycoon's Manila gamble

Three years ago, as Macau decided to break up a casino monopoly, Hong Kong tycoon Cheng Yu-tung set his sights on the less competitive Philippine gaming and hospitality market.

While Macau aimed to transform itself into Asia's Las Vegas, the government in Manila decided to modernise its 55-year-old casino industry as part of a drive to attract foreign investors.

30 May 2005 - 12:00am

Fubon is the name and excellence is its game

THERE IS A fresh presence in Hong Kong's banking community. Launched last month, Fubon Bank (HK) is the renamed International Bank of Asia (IBA), bought by Taiwanese finance giant Fubon Financial Holdings in February last year for $3.2 billion.

28 May 2005 - 12:00am

HGC director named in insider trading probe

A co-founder and executive director of Hutchison Global Communications Holdings (HGC) was alleged to have been involved in insider dealing five years ago, when the company was known as Vanda Systems & Communications Holdings, a tribunal heard yesterday.

18 May 2005 - 12:00am

Huawei may ring Marconi with an offer

Mainland giant seen as potential buyer after the troubled British firm lost out on major contracts

Telecommunications equipment manufacturer Huawei Technologies may be in line to buy Marconi Corp, one of Britain's most famous technology firms.

11 May 2005 - 12:00am

Investment strategy in play, under the direction of chairman Raymond Chien Kuo-fung (above), will invest $40 million in expanding its website content and promoting a new online game this year.

The company, formerly known as corp, says website membership has grown 40 per cent to 50 per cent to 70 million in the past four months.

28 Apr 2005 - 12:00am

Lai See

Debt collectors find it a tough job appeasing HSBC's peter wong

Debt collectors, we all know, can be a breed apart: boxers gone to seed, wrestlers past their prime and tired old triads. Weigh-in and ugly-parade at the interview. No pretty boys need apply. With profound apologies, of course, to the exceptions.

27 Apr 2005 - 12:00am

K Wah seeks $2.15b to fund casino deal

K Wah seeks $2.1b to pay for casino

K Wah Construction Materials is to tap the market for up to $2.15 billion through a share placement to help finance the acquisition of Galaxy Casino in Macau.

21 Apr 2005 - 12:00am

K Wah bets $18.4b on Galaxy Casino

Purchase of chairman's Macau assets makes construction materials firm first listed gaming operator

Lui Che-woo's Galaxy Casino will become Hong Kong's first listed casino operator after his K Wah Construction Materials yesterday said it would pay $18.4 billion for 97.9 per cent of the Macau business.

20 Apr 2005 - 12:00am

Moulin cancels $320m bond sale

Eyewear firm Moulin Global Eyecare Holdings has scrapped a convertible bond issue that was to have paid off debts stemming from the $450 million acquisition of the second-largest optical retail chain in the United States.

It is the second time the group, formerly known as Moulin International Holdings, has shelved fund-raising plans this year.

20 Apr 2005 - 12:00am

Small-caps overshadow blue chips in thin trade

Investors put focus back on Macau as index slips slightly and falling crude prices take a toll on oil producers

Hong Kong's leading stocks started the week on a soft note as many investors opted for the sidelines ahead of corporate earnings and key US data reports later in the week, and others shifted their focus away from blue chips.

12 Apr 2005 - 12:00am

ICBC takes long view of Fortis merger

The acquisition by ICBC (Asia) of Fortis Bank's consumer banking unit has started to yield results although the management has suggested synergies arising from the merger will not be fully reflected until 2007.

8 Mar 2005 - 12:00am