Chinese firms take bigger share of running Hong Kong IPOs

The Beijing branch of China International Capital Corp, a major underwriter of IPOs. Photo: Bloomberg

Mainland banks are increasing their share of underwriting initial public offerings, and particularly new share floats by cross-border companies seeking listings on the Hong Kong market.

Monday, 22 October, 2012, 4:47am

Asia Financial hard hit by disasters, investments

Asia Financial plunged into the red last year following heavy insurance payouts to natural disaster victims and an investment loss caused by the downturn in markets.

3 Mar 2012 - 12:00am

IPO backers forced to take up shares

The lead underwriters of China Communications Construction's 5 billion yuan (HK$6.2 billion) initial public offering have been forced to take up 102 million unsold shares after a lukewarm response to the world's biggest share sale so far this year.

18 Feb 2012 - 12:00am

Mainland insurers seen as safe bet despite jitters

Mainland insurers are expected to see double-digit growth in premiums next year on the back of a projected 8.8 per cent economic expansion, according to Swiss Reinsurance.

9 Dec 2011 - 12:00am

Persevere and work hard if you want career rewards

Kathy Pang Fung-ling (left), an underwriter for Sun Life Financial, says her job did not come on a silver platter. She was one of only three applicants recruited by the company this year. She was offered the job after acing written and aptitude tests and passing a slew of interviews. She talks to Wong Yat-hei

What is your academic background?

29 Jul 2011 - 12:00am

RBS, Guolian team up to tap securities market

The Royal Bank of Scotland has approached a number of European candidates interested in listing on the pending international board at the Shanghai Stock Exchange.

31 May 2011 - 12:00am

Executive plays cards right

An internship at the New York headquarters of American Express (Amex) in 2000 helped Walter Liu identify his career path. Over the past 10 years, the 32-year-old has moved from manager and director positions in New York to the company's offices in Singapore.

8 Oct 2010 - 12:00am

Putting a premium on a full life

Bouncing through potholes and malarial rainforests for a day and a half to visit a hydroelectric project in remote Indonesia is not every executive's idea of a business trip. But for John Wilkinson, such expeditions have made his job fascinating, providing the chance to meet experts, understand diverse industries, and be sure that no two days are ever the same.

31 Oct 2009 - 12:00am

Regulator goes after erring IPO underwriters

The mainland's securities regulator is cracking down on investment bank underwriting ahead of the launch of Shenzhen's Nasdaq-style second board, revoking the licences of two bankers who falsified their resumes.

21 Oct 2009 - 12:00am

Ming An sets 3-year turnaround goal

Ming An Holdings, which is partly owned by Cheung Kong (Holdings), aims to turn around its mainland insurance business in three years after sinking into the red in the second half of last year.

Chief executive Peng Wei said yesterday the non-life insurer was on track to reduce the soaring expansion costs incurred from building up the national network in the country.

21 Mar 2009 - 12:00am

Insurance specialist required

Success lies in your hands at this job and is not for the faint-hearted.

Prudential Assurance is looking for an assistant manager in life underwriting and issue to review and determine risk and the reasonable premium required before a policy is confirmed.

2 Feb 2008 - 12:00am

Motivated underwriter needed

This job is for someone from the life insurance underwriting field who enjoys a challenge.

Gen Re, a leading international reinsurance company, is looking for a senior life underwriter for Gen Re LifeHealth, Hong Kong.

29 Sep 2007 - 12:00am

Strong leader to drive growth at insurance firm

A United States-listed insurance company with more than 50 offices worldwide is calling for applicants to help lead, manage and grow the accident and health division of the company as general manager.

A strong leader with strategic vision and broad business development skills is sought for this challenging role. Manpower Professional is handling the search.

22 Sep 2007 - 12:00am

Insurance broker with heart

Sitting alone in a small office in Central in 1971, there must have been days when Charles Monat wondered if he had made the right decision.

The two years before that, he had been a social worker and an administrator back home in New York, considering sailing around the world with a few army buddies, and searching in vain for suitable work in Thailand.

24 Aug 2007 - 12:00am

Green cover makes polluters clean up their act

China's dirtiest industries could soon be buying insurance to cover the risk of environmental mishaps as the government pushes some of the financial risks of its pollution problem on to the lap of the private sector.

29 Mar 2007 - 12:00am