• Sat
  • Aug 23, 2014
  • Updated: 2:23am

Financial Centre

Hong Kong lawmakers need Shanghai trip to face up to social issues

Most of the time, Shanghai just means business, but the city has also played some significant political roles in contemporary Chinese history. The Sino-US Shanghai Communiqué was signed there in 1972, marking a new chapter in ties for the two big nations.

Monday, 31 March, 2014, 8:13am 1 comment

Citic's mega takeover deal comes as win-win for Beijing and Hong Kong

Beijing's decision to let a Hong Kong-listed unit of Citic Group take over its parent company in a deal valued at about 225 billion yuan (HK$283.6 billion) surprised the financial community on Wednesday evening.

31 Mar 2014 - 5:52pm 2 comments

Why New Yorkers could pay for acceding to Alibaba's 'Open sesame'

To understand why New York capturing the title of world's greatest financial centre is no cause for celebration, look no further than the Alibaba IPO.

20 Mar 2014 - 1:28am

Chinese art buyers help Christie's to record sales year

Chinese buyers drove up Christie's sales by 14 per cent to US$7.13 billion last year, a record high not just for the British auction house but for any company ever in the art market.

23 Jan 2014 - 4:30pm

Tianhe Chemicals IPO follows boss' daughter to UBS

Mary had a little lamb, Joyce Wei has an IPO. Wherever the daughter of Tianhe Chemicals chairman Wei Qi goes, follows the potential US$1 billion IPO deal.

First, it was JP Morgan Chase that was supposed to be working on the initial public offering of the Liaoning-based company. Joyce Wei was then working as an investment banking associate there.

22 Jan 2014 - 4:37pm 9 comments

Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

Foreign banks lobbied to set up in the mainland's first free-trade zone in Shanghai are grappling with a dilemma - what can they really do in the ambitious zone?

15 Jan 2014 - 5:39am 1 comment

China Merchants Securities taps British market

China Merchants Securities, one of the mainland’s oldest and largest securities houses, has set up a subsidiary in Britain to expand into global capital and commodities markets, with a focus on derivatives – at a time when Western rivals are trying to scale back from a business that often comes with high profits and equally high risks.

12 Dec 2013 - 1:45am

No matter the trials of living in Hong Kong, dream big and do it

"It was the best of times, it was the worst of times …" That’s what Charles Dickens wrote about the French Revolution and some people say today’s Hong Kong is more or less in this kind of situation.

2 Dec 2013 - 8:04am 4 comments

Try downloading some fresh thinking is Google's tip for Hong Kong

Google's chairman Eric Schmidt is a truly busy man. But still I managed to grab him for a 30-minute interview during his recent visit to Hong Kong - a city he says he is a big fan of, though one he feels now faces more challenges than opportunities.

11 Nov 2013 - 5:17am 1 comment

Google's Eric Schmidt to Hong Kong: You need more engineers to start companies like mine

Google Chairman Eric Schmidt has one suggestion for the Hong Kong government on how to make the city remain competitive – to open more technical universities, thereby attracting more software engineers, rather than more bankers.

5 Nov 2013 - 3:25pm 17 comments

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