Gareth Hewett

HSBC invites occupiers to unoccupy plaza

HSBC has asked anti-capitalist campaigners who have been occupying the plaza under its Central offices for more than six months to leave voluntarily, to make way for a series of community activities.

Thursday, 31 May, 2012, 12:00am

'Occupy Central' protest halts cancer fund-raiser

HSBC has cancelled an annual charity fair and parade scheduled for Saturday because of safety and security issues created by the Occupy Central protesters camped below the bank's headquarters.

The Halloween Charity Parade was organised to raise support for the Hong Kong Cancer Fund.

26 Oct 2011 - 12:00am

If there's blood on the streets, it's time to buy

It is a good time to invest when a crisis strikes. This is an old idea. The old adage goes a good time to invest is when there is blood on the streets.

Yet investors are rarely brave enough to jump in during periods of social strife.

3 Aug 1996 - 12:00am

Priority loans fail to excite investors

There is little to get excited about following the issue of the list of 300 companies by the Chinese Government to receive favourable loans in the second half of the year.

Crosby Securities contends the hoop-la surrounding the priority loan schemes might be misplaced.

15 Jul 1996 - 12:00am

Apollo's annual report really is Greek tragedy

Apollo was the Greek god of the sun, a patron of music and poetry along with order and self-discipline.

It seems unfortunate then that China Apollo should have used this great symbol of early Western mythology as its namesake.

The 1995 group annual report of this new listing is out and it makes for sad reading.

4 Jun 1996 - 12:00am

Firm triples directors' pay

Directors at mainland foodstuffs company Ng Fung Hong have seen their emoluments more than triple to $14.57 million.

Emoluments rose 268 per cent from $3.96 million on the back of a rise in attributable profit of 127 per cent to $302.7 million and a 116.8 per cent rise in earnings per share to 36 cents.

7 May 1996 - 12:00am

Clouds need to be cleared away at Onfem

Onfem Holdings is a property and non-ferrous metals business which has managed to change its accounting period twice in four years, making it difficult to work out what is going on.

7 May 1996 - 12:00am

Top Form never quite lived up to its name

Lingerie-maker Top Form International has hit the rocks. By this time next year, unless there is a miracle, the company we see today will almost definitely not be around.

Top Form has a liquidity problem. Debt repayments have been re-scheduled and, after an independent review by accountants, non-core assets are due to be sold.

22 Apr 1996 - 12:00am

Loophole-infested rules need complete overhaul

Rules covering financial disclosure to the Hong Kong stock exchange need a total overhaul to stop companies appearing to slide out of their obligations.

Two key aspects of the rules that need going over cover interim results statements and significant events of material importance to the companies involved.

11 Apr 1996 - 12:00am

Landlords must offer class in today's market

Poor conditions are set to continue to prevail in Hong Kong's already depressed office market, says Asia Equity.

25 Mar 1996 - 12:00am

Kingboard investors feel due for some assurances

Kingboard Chemical Holdings' share price is in crash-and-burn mode. Going up in flames appears to be the hope and expectation of a small band of institutional investors and their brokers who became avid followers of this maker of paper-based, copper-clad laminates.

19 Mar 1996 - 12:00am

Warning delivered for SFC breach

A PUBLIC reprimand has been dealt to Christfund Securities and Christopher Cheung Wah-fung by the Securities and Futures Commission (SFC).

After accepting responsibility for breaches of a SFC notice, Christfund agreed to pay $1.5 million towards investigation costs and Mr Cheung has agreed to leave the securities industry for 10 months.

17 Feb 1996 - 12:00am

One way to find out is to ask Jimmy

JIMMY LAI'S media listing plans are due to make headlines again as the magazine and newspaper publisher is set to appeal against his earlier listing application being turned down.

Speculation surrounding the Hong Kong stock exchange listing committee veto apparently focused on at least two issues.

18 Jan 1996 - 12:00am

Iwai's listing prospectus begs a raft of questions

IWAI'S International Holdings could not have picked a worse corporate motto than the one which appears on the front page of its new listing prospectus published on October 6 last year.

3 Jan 1996 - 12:00am

Defrosting of real estate market comes way too late

THE government initiative to relax some of the restrictions on sale arrangements for residential property is a classic case of too little too late.

As long as nine months ago the residential market appeared to have thoroughly cooled off from the heady days of 1993 when new unit prices seemed to rise in double-digit percentage leaps month-on-month.

1 Jan 1996 - 12:00am