https://www.scmp.com/rss/45765/feed The latest news, analysis and opinion on BOC International Holdings. In-depth analysis, industry insights and expert opinion. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com IRC Limited, the loss-making iron ore unit of Russian miner Petropavlosk, is seeking to raise up to HK$3.98 billion in a Hong Kong initial public offering. The company, which is 93 per cent owned by Petropavlosk and whose minority shareholders include Li Ka-shing's Cheung Kong (Holdings), owns three mines on the southern tip of Russia's Amur region, close to Heilongjiang province in northeastern China. According to a term sheet sent to investors yesterday, IRC will list its shares in Hong Kong... https://www.scmp.com/article/725475/russian-miner-plans-ipo-raise-hk398b?utm_source=rss_feed https://www.scmp.com/article/725475/russian-miner-plans-ipo-raise-hk398b?utm_source=rss_feed Tue, 21 Sep 2010 16:00:00 +0000 Six people convicted of conspiracy to commit fraud with jailed Shanghai property tycoon Chau Ching-ngai over a HK$2.15 billion loan were remanded in custody yesterday pending sentencing this afternoon. District Court Judge Colin Mackintosh did not call for any reports after defence counsel for the six - among them three lawyers - ended their mitigation submissions. The six were convicted on Monday of two counts of conspiracy to defraud and one count of publishing a false statement between... https://www.scmp.com/article/651438/six-plot-remanded?utm_source=rss_feed https://www.scmp.com/article/651438/six-plot-remanded?utm_source=rss_feed Thu, 04 Sep 2008 16:00:00 +0000 When Anthony Lok joined Bank of China International (BOCI) five years ago just as it began operations as an investment bank, it was not considered the smartest of moves. It was a gamble as the state-owned bank did not have an institutional platform to speak of, and having an impressive resume that included DBS, WI Carr and Nomura International as his previous employers, the Calgary-born Mr Lok could easily have looked elsewhere. 'In 2002, it was by no means obvious that it was the right thing... https://www.scmp.com/article/611186/master-his-destiny?utm_source=rss_feed https://www.scmp.com/article/611186/master-his-destiny?utm_source=rss_feed Thu, 11 Oct 2007 16:00:00 +0000 A senior Bank of China official said yesterday that the bank was still working on the 'complicated' technical details of a programme that will allow mainland investors to buy stocks directly from the Hong Kong market. In the latest sign that the controversial programme is unlikely to hit the market any time soon, BOC vice-president Zhu Min said on the sidelines of the World Economic Forum in Dalian that technical preparations, such as fund transfers between bank accounts and buying and... https://www.scmp.com/article/607221/devils-details-stocks-through-train?utm_source=rss_feed https://www.scmp.com/article/607221/devils-details-stocks-through-train?utm_source=rss_feed Sat, 08 Sep 2007 16:00:00 +0000 Anta Sports Products, which owns a popular athletic footwear brand in the mainland, plans to expand its retail network this year after raising up to HK$2.5 billion from a Hong Kong initial public offering. The company aims to add 400 retail outlets by the end of the year, boosting its total to 4,500, according to BOC International, which is helping arrange the offer. In addition to using 35 distributors to sell its products, Anta also planned to expand its own outlets, or even open retail... https://www.scmp.com/article/596496/anta-plans-share-sale-expansion?utm_source=rss_feed https://www.scmp.com/article/596496/anta-plans-share-sale-expansion?utm_source=rss_feed Mon, 11 Jun 2007 16:00:00 +0000 Mainland lender lifts cap on share allocations to 12 backers due to strong demand from tycoons Bank of China has earmarked US$1.92 billion worth of shares for 12 key investors, mainly local tycoons, in its estimated US$8 billion offering, sources say. The mainland's second-largest lender has verbally agreed to allocate to each investor US$160 million worth of shares with a 12-month lock-up period. The agreements are expected to be signed this week. Sources said the lender originally planned... https://www.scmp.com/article/547216/key-investors-get-us19b-boc-float?utm_source=rss_feed https://www.scmp.com/article/547216/key-investors-get-us19b-boc-float?utm_source=rss_feed Tue, 02 May 2006 16:00:00 +0000 Police and the securities watchdog have warned investors to be cautious after the discovery of a bogus Bank of China website, the third fake financial site found in a week. The www.bocfund.com site has been referred to the police by the Securities and Futures Commission (SFC). Bank of China (Hong Kong) issued a statement saying it had no connection to the site and urged investors to be cautious. The Commercial Crime Bureau is investigating the case and last night a spokesman said they had... https://www.scmp.com/article/437729/third-bogus-financial-site-found-week?utm_source=rss_feed https://www.scmp.com/article/437729/third-bogus-financial-site-found-week?utm_source=rss_feed Wed, 10 Dec 2003 16:00:00 +0000 The Hong Kong-based investment banking arm of China's largest foreign-exchange lender, the Bank of China (BOC), plans to expand its retail brokerage business, according to a senior official, even as deregulation squeezes brokerages' bottom line. Instead of acquiring rivals, BOC International (BOCI) is forming its own team of account executives, said Tse Yung-hoi, BOCI's deputy chief executive. 'The scrapping of the minimum commission [in April] has had a negative impact on brokerages'... https://www.scmp.com/article/422088/boci-expands-brokerage-division-despite-lower-fees?utm_source=rss_feed https://www.scmp.com/article/422088/boci-expands-brokerage-division-despite-lower-fees?utm_source=rss_feed Fri, 18 Jul 2003 16:00:00 +0000 Garment makers with solid retail networks in the growing mainland clothing market are tipped to be the next big earnings performers, according to the investment banking unit of the Bank of China (Hong Kong). Investors have been enjoying strong gains from playing Chinese garment makers oriented towards exporting to the West but BOC International (BOCI) sees the best growth from those with exposure to home markets. BOCI said China had been the world's fastest growing importer of clothing in the... https://www.scmp.com/article/411448/boci-favours-garment-makers?utm_source=rss_feed https://www.scmp.com/article/411448/boci-favours-garment-makers?utm_source=rss_feed Thu, 03 Apr 2003 16:00:00 +0000 In an apparent blow to its aims of rivalling bigger investment banks, BOC International has lost its chief of investment banking, Henry Tsang, the key driver in pulling off major transactions, including BOC Hong Kong's US$2.7 billion float last year. He is a partner at direct investment firm, Search Asian Mezzanine Capital. https://www.scmp.com/article/410724/tsang-quits-boc-unit?utm_source=rss_feed https://www.scmp.com/article/410724/tsang-quits-boc-unit?utm_source=rss_feed Thu, 27 Mar 2003 16:00:00 +0000 The Bank of China's plans to set up a merchant bank in London have been agreed to in principle by the Bank of England but final approval is still pending, the head of the London branch says. Wu Changgeng said preparation for the birth of the merchant bank - to be named Bank of China International Holdings - had started after primary approval was granted. 'What we are doing now is establishing the operation system in accordance with the Bank of England's regulatory requirements, and looking... https://www.scmp.com/article/168687/plan-london-merchant-bank-clears-first-hurdle?utm_source=rss_feed https://www.scmp.com/article/168687/plan-london-merchant-bank-clears-first-hurdle?utm_source=rss_feed Mon, 29 Jul 1996 16:00:00 +0000