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Leung tests the waters on mainland tourist cut

...  research unit found one-third of the city's retail business came from individual mainland visitors. The finding raised polarized conclusions. Those who call for curbs say the heavy reliance on mainla ...More

EJ Insight2014-05-27

BOCHK unit eyes sole clearing role in cross-border stock trade

A wholly owned unit of BOC Hong Kong Holdings Ltd. (02388.HK) is seeking to become the exclusive clearing bank for cross-border stock trading. Bank of China (Hong Kong) Ltd. is vying for the role whic ...More

EJ Insight2014-05-27

Credit Suisse case offers map for US action on other Swiss banks

... the Swiss unit of HSBC Holdings are among those seeking to avoid pleading guilty to helping Americans cheat the Internal Revenue Service (IRS).  The guilty plea by Credit Suisse last week marked a wat ...More

EJ Insight2014-05-26

Li Ka-shing unit eyes stem-cell meat horizons

The private investment arm of Hong Kong tycoon Li Ka-shing could be gearing up to invest in eco-friendly tissue engineering technology to grow meat and animal hides, the Hong Kong Economic Journal rep ...More

EJ Insight2014-05-26

Beijing developers learn to live on razor-thin profit edge

... s and the unit price of commercial homes will soar due to their relative scarcity under the new supply policy. So while media reports are pointing to a rapid cool-down in the mainland’s property marke ...More

EJ Insight2014-05-23

SCMP turns new page with outdoor ad, magazine buys

...  business unit is consistent with the group's growth strategy. "It is in line with our philosophy of only acquiring prime sites that complement our core base of elite advertising brands," Cheung said. ...More

EJ Insight2014-05-22

The new ad model: short video on social media

... ds in the United States in March to a small group of marketers including insurance company Progressive Corp and television broadcaster NBC, a unit of Comcast Corp. Now, the company is expanding the n ...More

EJ Insight2014-05-22

BofA said to be dismantling a market-making unit

Bank of America Corp. (BofA) is tearing down an electronic market-making unit created last year to serve the lender's Merrill Lynch wealth-management division, Bloomberg News reported Thursday, citing ...More

EJ Insight2014-05-22

Where's the big three telcos' internet spirit?

... ry single unit of its eponymous device online. That keeps distribution costs low, inventories manageable and, more importantly, it creates a certain kind of buzz for the product.    Other mobile phone ...More

EJ Insight2014-05-22

Ping An eyes listing of P2P lending business

... rces. The unit includes Shanghai Lujiazui International Financial Assets Exchange, which operates Lufax.com, and asset securitization exchange Lfex.com. The assets could be worth up to 25 billion yuan ...More

EJ Insight2014-05-21

Korean Lotte.com now accepts Alipay payments

Lotte.com, South Korea’s online shopping mall, has started to accept renminbi payments from customers using their Alipay accounts since late April, according to a statement on alizila.com, a unit of A ...More

EJ Insight2014-05-20

Man found with mother's corpse in cluttered Sham Shui Po flat

A thirty-something Sham Shui Po man with knee-length hair is believed to have laid in his flat with the body of his dead mother for up to five days before police broke into the unit Monday, acting on ...More

EJ Insight2014-05-20

Five Chinese military officials on FBI's most wanted list

The United States has charged five Chinese government officials with stealing American trade secrets through cyber espionage, marking the first time that Washington has leveled such criminal charges a ...More

EJ Insight2014-05-20

Taiwan expert becomes China’s pig feedgrain king

...  research unit at its mainland headquarters in Taicang, Jiangsu province. “Its investment will help support the company’s expansion in its frontier region facilities and generate development impact in ...More

EJ Insight2014-05-20

Google gives new meaning to office work

... e capital unit when the start-up raised US$24 million from investors including Qualcomm and Comcast. Divide, formerly known as Enterproid, was founded in 2010 by three mobile executives. It has office ...More

EJ Insight2014-05-20

SCMP hidden jewel just got shinier

... nto a 750-unit low-rise luxury residential project called Clear Water Bay Studio. Shaw Brothers owns slightly more than half of the studio site, SCMP Group the rest.  Assuming the reported HK$1.5 bill ...More

EJ Insight2014-05-19

Multinationals scurrying for cover amid GSK probe

... K's China unit sent shock waves through the foreign business community.  “The challenge of educating our employees [about compliance] is endless,” an executive at one large European investment group, ...More

EJ Insight2014-05-19

Li & Fung lodges IPO filing for brand unit

Li & Fung Ltd. (00494.HK) has filed papers for an initial public offering of its licensing and brand business, the Hong Kong Economic Journal reported Friday. The Hong Kong supply chain giant expe ...More

EJ Insight2014-05-16

The mad, bad scramble for Hangzhou homebuyers

... o cut the unit price of its nearby homes to 19,188 yuan per square meter (sqm), 5,000 yuan below Vanke’s promotional offer. And Greentown (03900.HK) homes there are reportedly selling for 1.35 million ...More

EJ Insight2014-05-15

Medical Council postpones ruling on baby death

... sive care unit of the public hospital. The baby boy died 26 days later due to head injury, brain hemorrhage and organ failure, the report said. Lau and Cheung said they were disappointed the ruling ha ...More

EJ Insight2014-05-12

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