Fubon Bank

Fubon banks on cross-strait thaw

The ongoing thaw in relations between China and Taiwan has helped increase trust between the former pair of Cold War adversaries, but hopes for a boom in cross-strait M&A have yet to materialise as lingering suspicions remain.

Friday, 28 December, 2012, 1:21pm

Fubon Financial to buy majority control of First Sino Bank

First Sino was set up in 1997 to help Taiwanese firms raise funds.

Fubon Financial Holding, the second-largest publicly traded financial group in Taiwan, will buy majority control of First Sino Bank, in what is the largest acquisition of a mainland business by a Taiwanese investor.

28 Dec 2012 - 4:14am

Briefs, September 20, 2012

Titan Petrochemicals Group says a Bermuda court adjourned a hearing of a petition to appoint provisional liquidators to administer its assets.

Zhengzhou Coal 'to aim for' US$600m offering

20 Sep 2012 - 2:56am

Tarred with the shame brush

Bankers and their supporters are closing ranks around Goldman Sachs after a stinging newspaper article by Greg Smith, formerly a derivatives salesmen at the firm. The hitherto unknown Smith ignited a firestorm by saying he had left the company because he couldn't stand its 'toxic' culture, the abuse of clients and the way they were mocked by his former employers.

26 Mar 2012 - 12:00am

Fubon Bank seeks US$120m from share offer

Fubon Bank (Hong Kong) plans to raise US$120 million by selling 1.172 billion preference shares to bolster its capital after issuing a profit warning. Shareholders will be entitled to buy one preference share at 10.237 US cents each, which pays a fixed dividend of 9 per cent.

30 Oct 2008 - 12:00am


Today Interim: GreaterChina Technology Group

3rd Quarter: Byford International

Final: Century Legend (Holdings), CITIC 1616 Holdings, Fubon Bank (Hong Kong), Great Wall Motor, Harbour Centre Development, MTR Corporation

AGM: Water Oasis Group

Tomorrow Interim: New World Mobile Holdings, Ngai Hing Hong

11 Mar 2008 - 12:00am


Today Final: Shanghai Forte Land

Tomorrow Final: SOHO China

March 10 Interim: WLS Holdings

Final: i-CABLE Communications, Inspur International, Playmates Toys, Playmates Holdings, Vietnam Manufacturing and Export Processing (Holdings), Zhaojin Mining Industry, Zhejiang Expressway

March 11 Interim: GreaterChina Technology Group

8 Mar 2008 - 12:00am

Fubon's mainland plan faces political hurdles

Fubon Bank (Hong Kong), the locally listed unit of Taiwan's Fubon Financial Holding, plans to establish a leasing business on the mainland, but analysts say it must first overcome political hurdles in Taipei.

Taiwan regulators have not been quick to grant approval to the deal, especially with presidential elections coming up.

8 Jan 2008 - 12:00am

Public exhibition displays the artof childhood innocence

The exhibition one more, please brings contemporary art within the reach of the public, writes Elaine Yau

A contemporary art exhibition celebrating childhood innocence is being staged in Central.

1 Jan 2008 - 12:00am

One More, Please

Ends Feb 29

Looking out from the IFC mall, you can see a big cartoon face smiling back at you. Nothing to write home about - except this is no billboard advertisement or festival decoration, but a massive piece of art.

20 Dec 2007 - 12:00am

Everbright Bank gets 20b yuan boost

China Everbright Bank's board has approved a capital injection of up to 20 billion yuan by Central SAFE Investments in exchange for the lender's shares, according to China Everbright.

16 Aug 2007 - 12:00am

Fubon eyes mainland bank after strong interim

Fubon Bank (Hong Kong), the locally listed unit of Taiwan's Fubon Financial Holdings, plans to buy a stake in a mainland lender after posting a 73 per cent jump in first-half earnings.

Net profit reached HK$217.34 million or 18.54 HK cents a share in the six months to June, up from HK$125.4 million or 10.7 HK cents a share a year ago.

15 Aug 2007 - 12:00am


Today 1st Quarter: China Unicom

Final: Apex Capital, China Star Entertainment, DVN (Holdings), Leeport (Holdings), Lijun International Pharmaceutical (Holding), Min Xin Holdings, Riche Multi-Media Holdings, Shinhint Acoustic Link Holdings, Swank International Manufacturing, Zhong Hua International Holdings, Zhongda International Holdings

26 Apr 2007 - 12:00am

Fubon Bank expects Taiwan business to drive earnings growth

Fubon Bank (Hong Kong), the locally listed unit of Taiwan's Fubon Financial Holdings, expects its fast-growing Taiwan-related business to sustain the lender's growth despite having gained a foothold in the mainland.

'In three years, Taiwan business will probably account for more than 20 per cent of the bank's net profit,' chief executive Lee Jin-yi said.

26 Mar 2007 - 12:00am

Bright future in world of money business

BILLIONS OF DOLLARS flow through Hong Kong's financial markets every trading day, and for many young graduates the prospect of playing a part in these transactions is a career goal.

To give them valuable information and insight, Classified Post held a careers seminar on March 13 entitled 'The Money Business - How to start a banking and finance career'.

24 Mar 2007 - 12:00am