By Parvathy Ullatil HONG KONG (Reuters UK) - Shares in HSBC Holdings jumped over 4 percent in Hong Kong on Monday after a UK newspaper reported that Europe's largest lender had discussed a potential investment by China's sovereign wealth fund. Shares in HSBC HSBA began...
Funds managers in Australia and Hong Kong can sell retail funds to each other's markets now that a deal has been struck between their respective corporate watchdogs.The Australian Securities and Investments Commission ASIC signed a "declaration of mutual recognition" on Monday with the Hong Kong Securities and Futures Commission...
Standard Chartered Bank is a global corporation that employs around 5,000 people in Hong Kong. In 2001 the Hong Kong executive team believed better communication would improve morale and engagement, but were not sure what changes would have the best chance of success and be most cost-effective. The then Senior...
Philips Semiconductor in Asia has undertaken a joint RFID project between its Kahhsiung site and its Regional Distribution Center in Hong Kong. The initiative provides near real-time inventory visibility into the Philips Semiconductor business units on all packaged quantities and boxes, all customer direct ships in Asia from the Kahhsiung...
yes.com.hk, a spin-off company of the publisher of the teen magazine "YES!", started its operation in mid 1996 as a vertical portal for teenagers in Hong Kong. The company has gone through several different business models from subscription-based to B2C and has decided to stay with the pure advertising-based model...
By Kennix Chim and Saeed Azhar HONG KONG/SINGAPORE (Reuters) - Two more firms shelved plans for initial public offerings IPOs in Asia, adding further gloom to a market which recently showed signs of a revival after a dismal start to the year. On...
We're looking for a city that Adam Smith would stand and say in awe, "Now this... this is it." The Heritage Council tasked themselves to find the most economically liberal country in the world. Their journey took them through 162 countries and examined ten different economic policies. In the...
This paper reports a study of the application of a computerized financial control system on a target cost contract for the development of a cable car construction project in Hong Kong. The author is one of the key system designers supplied by the consultancy services of the Hong Kong Polytechnic...
The complexity of healthcare buildings delivery demands equally complex and expert teams for project implementation. Many problems affecting project performance originate in the inception phase, particularly in the preparation of the initial and design briefs. A brief that is incomplete, inaccurate, vague or contradictory may be misinterpreted by a design...
This paper seeks to fill this gap by measuring the impact of outsourcing to China on low skilled workers in Hong Kong. There are several reasons why Hong Kong's experience is of interest. First, outsourcing from Hong Kong to China was triggered by a clearly identifiable event?China's decision to open...
At the end of this year, delegates will convene in Hong Kong for the WTO's next ministerial. This article will not only bring you up to speed in three minutes, it may give you reason to hope that the future for globalization, growth and equity looks brighter than it has...
The paper reports that Hong Kong currently offers very few tax incentives (examples are the tax incentives for qualifying debt instruments, under IRO sections 14A and 26A, and qualifying reinsurance businesses, under IRO section 14B). To become more competitive, Hong Kong could consider introducing more tax incentives to attract financial...
Companies manufacturing in China must choose whether to ship through Hong Kong or the mainland. Business and government leaders in Hong Kong are promoting the territory as the better choice in supply-chain management. Hong Kong has given up trying to compete with mainland China for most manufacturing business. Never mind...
This report is intended as a backdrop for the ratings that is publishing on property companies in the Hong Kong Special Administrative Region ("HKSAR"). The section "An Overview of Hong Kong" is designed for those less familiar with the region, but the report hopes that the bulk of the report...
Severe Acute Respiratory Syndrome SARS is a newly recognized clinical disease that has become a major threat to global public health. The disease first appeared in the Guangdong province in China in November 2002. Since then, 3,861 cases with 217 deaths in 25 countries have been reported to the World...
Hong Kong filmmakers generally rely on distributor and equity financing for film production. Film companies rarely seek bank financing and when they do, they face difficulties because of the inherent risk of film projects and inadequate supporting infrastructure. In order to advance the long-term development of the film industry, it...
The paper mentions that that Hong Kong, being a major hub port in the world, was visited by 214,750 vessels during 2001. Having this level of traffic, Hong Kong is constantly at risk from the threat of oil pollution damages. It therefore maintains a comprehensive Maritime Oil Spill Response Plan...
This study presents the structural modeling and modal analysis of the Ting Kau Bridge. The Ting Kau Bridge is one of the most flexible cable-stayed bridges due to some specific features: it has three slender single-leg towers supporting two main spans and two side spans; it adopts eight 465m-long longitudinal...
This paper describes the use of variable reluctance technology to construct a novel linear direct-drive actuator system for high performance motions in manufacturing automation. The proposed actuator has a very simple structure and it can be manufactured easily. There is no need for magnets and no limitation on the travel...
This paper develops and empirically tests a model that links economic, cultural, and information/monitoring institutional variables to corruption in a cross section of 61 countries. The results offer significant evidence to suggest that higher GNP per capita, accompanied by persistent and moderate economic growth, effective Legal and Financial Accounting systems,...
