Beijing will create a ministerial-level division dedicated to financial industry security within the new National Security Commission to be chaired by President Xi Jinping.Tuesday, 28 January, 2014, 8:57am 1 comment
The central government has agreed in principle to approve 12 new free-trade zones (FTZs), three months after giving the special status to Shanghai.23 Jan 2014 - 4:17pm 1 comment
Britain’s financial services industry is beginning to feel the benefits of economic recovery, as firms report growth in profits, business volumes and optimism in the fourth quarter, a survey found.20 Jan 2014 - 5:09pm
It's the end of the year again, and a time when some human resources managers may get nervous about one thing - how to keep their staff.30 Dec 2013 - 1:39am
Some in Hong Kong’s financial community were surprised by an e-mail from one of the most veteran investment bankers in the city on Tuesday night. Marshall Nicholson, a managing director in charge of investment banking in Hong Kong for China International Capital Corporation (CICC) told his colleagues and friends that he had officially renounced his United States citizenship and would soon receive a HKSAR passport.29 Aug 2013 - 4:13am
While some scholars praise China for being a more open society, the business world in China is apparently the other way round. Doing business in China is becoming more important than ever amid an economic slowdown in the West in recent years, and it's also getting less transparent.8 Apr 2013 - 8:56am
In the stock market, there is a widely acknowledged principle: it's more important for investors to know when to sell than when to buy because you can only secure your profits when you sell.1 Apr 2013 - 12:29pm
The Hong Kong government has been keen to curb fast-rising property prices since late last year, but all its efforts may be creating a new problem: more speculation in the city's stock market.25 Mar 2013 - 11:02am 2 comments
It's no secret in Hong Kong's financial community that mainland banks have become the major job creators in the city, rescuing many laid-off bankers, mostly from Western banks.
Now it seems more job opportunities will appear at mainland banks and securities firms as they are set to open branches and offices in Hong Kong this year, thanks to Beijing's latest policy thrust.18 Mar 2013 - 9:03am
HSBC just announced disappointing results for 2012, a year full of bad news for the global bank founded in Hong Kong and Shanghai. Despite bad results, chief executive Stuart Gulliver still secured a bonus of £1.95 million (HK$22.7 million) for last year. His total compensation came to HK$109 million, including the release of deferred bonuses from previous years. For comparison, Gulliver's total compensation in 2011 was HK$82 million.14 Mar 2013 - 2:34pm 1 comment
The past week proved to be a scandalous one for the mainland's stock market.
A private conversation about the market outlook between one of the mainland's most respected analysts and an influential fund manager was secretly recorded by a third party and then leaked to the public.
The impact? What a shock!25 Feb 2013 - 2:49pm 2 comments
Who holds the most bullish view in the world about the mainland's stock market these days? My answer is Guo Shuqing, the country's top securities regulator.21 Jan 2013 - 10:54am
The past week was hectic in terms of the news coverage of HSBC's deal to sell its stake in Ping An Insurance. Much of the focus was on who the behind-the-scenes buyer was.
Today, I will try to offer a personal look at the coverage from behind the scenes.14 Jan 2013 - 8:17am
This time of year, the annual bonus is the talk of the town. Expectations in banking circles are running high, but the talk itself is kept pretty low. That's because since the 2008 global financial crisis, rewarding bankers has become a particularly sensitive topic.31 Dec 2012 - 8:55am
To most people, Christmas means presents. But to the banking industry, this Christmas may be more about Scrooge than Santa, warnings than gifts.17 Dec 2012 - 12:02pm