The development of the international financial industry has been robust and rapid, and to maintain its position as an international financial centre, Hong Kong must align itself with market changes and strengthen its advantages in view of the rapid growth of wealth in Asia as well as market reform on the mainland.Wednesday, 5 June, 2013, 4:40am
According to IMF data, central banks in emerging economies cut their euro holdings by 8 per cent, or €45 billion (HK$450 billion) in 2012. The world economy is moving towards a multipolar currency regime.8 Apr 2013 - 2:04am
In 2009, a group of mainland financial professionals in Hong Kong put their names to an opinion piece calling for a new government entity to beef up and promote our financial market. Nobody listened.
They pushed on. They talked to officials and Leung Chun-ying, who was then tipped to make a run for the top job. They started a column in a financial daily to make their views known.19 Jan 2013 - 5:12am 4 comments
I want to sit on the Financial Services Development Council. Yum-yum-yum. Rarely in the history of mankind will any group of people be able to dine so well and so often as this bunch will, both at home and around the world, in their pursuit of financial development. I look forward to a new gastronomes' Bible.17 Jan 2013 - 4:50am 1 comment
The mainland's securities regulator is expected to begin testing a new technical system for expanded short selling in the coming weeks, a move likely to exacerbate the bearish sentiment on markets.15 Nov 2012 - 5:02am
The financial services sector has generally remunerated its employees well, relative to other sectors. This is typically because of the complexity of the work, the long working hours, margins and the need to attract the best talent in the market.15 Aug 2012 - 10:54pm
The best resources for preparing for financial crisis
gainspainscapital.com2 Jul 2012 - 12:00am
Leung Chun-ying believes a more interventionist government would be a good thing.
According to the front page of last Thursday's South China Morning Post, Hong Kong's next chief executive thinks 'the government should intervene to prevent market failure and keep property prices at a level affordable to the public'.17 Apr 2012 - 12:00am
Think tanks have been sweating out ideas to fight poverty. But, so far, they have come up dry. It never occurred to them to look to wet markets as a solution to poverty or even wealth creation. These public places have a hidden potential for entrepreneurial success.2 Feb 2012 - 12:00am
Philip Poole has been around. The global head of macro and investment strategy of HSBC Global Asset Management, he previously served as emerging markets economist and has been in this industry for 28 years. That kind of experience helps him put the daily gyrations of the market in context.21 Nov 2011 - 12:00am
In light of the rather inactive HOS secondary market, I have asked the Housing Authority to seriously consider measures that can facilitate upward mobility of those in the new scheme ... When working out the details, however, we will ensure that the new arrangements are fair to existing HOS flat owners.
Donald Tsang Yam-kuen 2011 policy address16 Oct 2011 - 12:00am
Some useful investing resources:
tradermike.net1 Aug 2011 - 12:00am
Foreign banks have always considered the mainland as a potentially lucrative and a 'must-invest' market, despite various restrictions.
Now a survey conducted by international accounting firm PricewaterhouseCoopers (PwC) shows that in an environment of increasing funding constraints, foreign banks operating on the mainland are surprisingly confident about their prospects.26 Jul 2011 - 12:00am
A conference in Edinburgh, Scotland, attended by 1,300 of the world's leading investment professionals, highlighted the worries these experts have about the mainland economy and where the trouble lies.
The conference also revealed the other main concerns of the investment community over the state of the global economy.31 May 2011 - 12:00am
Au King-chi, Permanent Secretary for Financial Services and the Treasury, will address the HKIB's second annual banking conference on Hong Kong's role as China's global financial centre and on shaping government policies for the new financial agenda. Here, she comments on some of the key issues:18 Sep 2010 - 12:00am