Tai Fook Securities Group, which provides brokerage and investment banking services, would pay 90 basis points above the Hong Kong interbank offered rate on the $500 million syndicated loan it was arranging, market sources said.Saturday, 20 May, 2006, 12:00am
All smiles (from left) China International Capital chief executive Levin Zhu Yunlai, Air China chairman Li Jiaxiang and Tai Fook Securities chief executive Wong Chiu-hoi as Air China gains 8.22 per cent to $3.225 on its first trading day in Hong Kong amid heavy activity.16 Dec 2004 - 12:00am
Securities firm also plans to slash costs by moving outlets away from street level
Encouraging the use of online trading and accelerating the retreat of branches from street level to upper floors will continue to be the cost-cutting focus of brokerage firm Tai Fook Securities in the near future, according to managing director and chief executive Peter Wong Shiu-hoi.15 Sep 2004 - 12:00am
Asia Orient Holdings said it had successfully placed convertible notes worth HK$60 million with independent third parties. Tai Fook Securities is the agent.16 Jan 2003 - 12:00am
Shrinking turnover and inflated bad debts saw Tai Fook Securities fall into the red in the year to March 31. The brokerage recorded a net loss of HK$118.25 million, against a profit of HK$93.41 million in the previous year. Managing director Peter Wong Shiu-hoi said the poor performance was also due to a provision for doubtful debts.9 Jul 2002 - 12:00am
Tai Fook Securities has been approached by more than 12 Hong Kong and mainland companies to act as their listing sponsor for the Growth Enterprise Market (GEM), according to deputy managing director Lennon Chan.
Managing director Peter Wong said talks with two or three high-technology candidates had reached 'mature stages'.20 Aug 1999 - 12:00am
The debate over the direction of the residential property market intensified yesterday as Tai Fook Securities predicted home prices could rise by about 20-30 per cent over the next two years.
The comments came a day after SC Securities forecast a 50 per cent fall in home prices.5 Nov 1998 - 12:00am
Tai Fook Securities cracked open the champagne yesterday for the grand opening of a retail branch in Shamshuipo, one of three recent openings.
Tai Fook said it was a good time to grow - despite the bear market - as rents were cheaper and good employees easier to find.31 Jul 1998 - 12:00am
NAM Hing Holdings makes laminates for computer components.
This time last year Tai Fook Securities placed a buy on the stock, saying the firm would benefit from a booming computer industry.
Such optimism was misplaced.19 Jan 1997 - 12:00am
Tysan Holdings Brokerage: Tai Fook Securities Recommendation: Buy TYSAN Holdings is a company engaging in foundation piling, machinery hiring and trading, and property investment and development.8 Oct 1995 - 12:00am