Citic Pacific directors happy, but not as happy as Larry Citic Pacific chairman Larry Yung Chi-kin made a record HK$66.99 million last year - that's just over HK$1 million for every year the 66-year-old has been alive. Including a HK$48 million cash bonus, Mr Yung's director compensation grew 30 per cent after profit grew 31 per cent to HK$10.84 billion. Already one of the highest paid Chinese managers, Mr Yung will stand head and shoulders above everyone else when he receives HK$569 million in dividends this year. His son Carl Yung Mingjie doubled his salary to HK$16.57 million, making him the seventh highest paid director in Citic Pacific. Managing director Henry Fan Hung-ling last year made HK$56.67 million and has made HK$100 million in the past two years. When the perfect score is nil Congratulations to the board of Great Wall Motor, which has won a perfect score in its corporate governance report. Not only did Great Wall's directors attend every board meeting, they also complied with the other 10 corporate practices set out by the company in a unique checklist: 'Non-compliance: Nil'. Full marks to Great Wall. Know your place Quiz of the day: what is the capital city of Australia? If you answer 'Sydney', you lose 100 yuan. That was what happened to a CCTV anchor, who mistakenly referred to Sydney, rather than Canberra, as the capital city in a Lunar New Year broadcast, which attracted several hundred downloads on an internet forum. The same mistake was repeated again this week when a reference was made about Sydney participating in the upcoming Global Earth Day. CCTV is fining anchors between 100 and 200 yuan for mistakes, and the copy editor responsible will pay between 50 and 100 yuan for the error. Lai See is going to buy an atlas and start studying right away. Currency crisis It's bad enough being fined 100 yuan, but it's even worse when you can't get your hands on any. As the Chinese currency continues to strengthen, a couple of readers told us it was almost impossible to draw yuan from many local banks after lunch. A reader said he had unsuccessfully tried to buy yuan yesterday at the Bank of East Asia, Wing Lung Bank and even the Bank of China (Hong Kong). Another reader said he had not been able to draw on his six-figure yuan account on deposit at the Bank of East Asia since Monday at the bank's Central headquarters and at a Kowloon branch. He crossed the border yesterday to try his luck. It's funny how commodities like rice and currencies like the yuan have suddenly become so hot that no one can get hold of any. How to analyse the analysts How often do you invest based on advice from brokers or tycoons? Better take this advice from Stephen Horan, head of private wealth at the CFA Institute, who shared his secrets to decoding analysts' reports. Read the entire research report with a critical eye to get the whole story. This includes footnotes and the fine print at the back of the report. Don't look solely at the recommendation or rating to make an investment decision. In fact, investment professionals often ignore the recommendation or rating, opting instead to use the full report as one of many sources as they draw their conclusions. Determine if the stock is suitable for you by assessing its investment characteristics within the context of your own risk tolerance and your broader portfolio. If possible, obtain research reports from other sources. This will allow you to weigh opinions and compare the quality of the different analyses. Ask yourself what the limitations of the research are. Have any key areas or questions about the company gone unanswered? Do potential conflicts of interest exist regarding the firm's investment banking department? Mr Horan concluded: 'When there are significant market fluctuations, investors need to look beyond TV sound bites for information.' Well you have a cooling-off holiday to think about your next investment move before the market reopens on Monday. Happy Ching Ming Festival!