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HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, April 14: TOP STORIES New accounting laws fail to close loopholes, ...More

EJ Insight2014-04-14

No consensus on 2017 chief executive election, paper says

A group of Hong Kong pan-democrats ended a meeting with mainland officials without consensus on the 2017 chief executive election, Ming Pao Daily reported Monday. However, the two sides considered the ...More

EJ Insight2014-04-14

China weighs community service system, paper says

China is studying non-custodial penalties such as community service and correction programs, China Daily reported Monday, citing Justice Minister Wu Aiying. The move is part of a broader effort to str ...More

EJ Insight2014-04-14

The Big Picture: GIFT-WRAPPED POLITICAL REFORM

The next few months are likely to bring more breakthroughs in mutual recognition of investment funds between Hong Kong and the mainland as the central government continues to make friendly overtures t ...More

EJ Insight2014-04-14

China confident of meeting 7.5% growth target, paper says

China will meet its 7.5 percent economic growth target this year, Shanghai Daily reported Monday, citing Yi Gang, deputy governor of the People’s Bank of China. The government is confident about meeti ...More

EJ Insight2014-04-14

BYD sees future in conventional e-buses

BYD Co. Ltd. (01211.HK) said Friday that conventional electricity is more promising than high-storage generators known as ultracapacitors for powering buses. This is why it did not take part in a tend ...More

EJ Insight2014-04-11

Mortgage crunch getting serious in most key cities, paper says

Banks in 25 of 35 major cities have either stopped issuing mortgage loans or raised interest rates since March, Economic Information Daily reported Friday, citing a survey by Shanghai-based small-loan ...More

EJ Insight2014-04-11

Google military, Google healthcare, Google Zen, what's next?

Google Glass is going on limited sale in the United States next week and those with US$1,500 to spare can have bragging rights to being among the first to own one. For the most part, Google Glass has ...More

EJ Insight2014-04-11

Maintenance costs in focus in China auto insurance pricing

Vehicle maintenance costs are expected to be taken into account in China's new auto insurance pricing regime, the National Business Daily reported Friday, citing an industry insider. Currently, mainte ...More

EJ Insight2014-04-11

Qihoo 360 in talks with HK banks on e-payment security

Banks have some of the best security systems in the world to protect the billions of dollars in deposits and other transactions sloshing about in their networks on a daily basis. But such systems also ...More

EJ Insight2014-04-11

Great Wall to step up production in Malaysia

Great Wall Motor Co. Ltd., through a local partner, has secured a license to manufacture energy-efficient vehicles in Malaysia, allowing it to boost its exports to Southeast Asia, the Wall Street Jour ...More

EJ Insight2014-04-11

Fosun eyes US$668 mln from rights issue

Fosun International Ltd. (00656.HK) aims to raise up to US$668 million in a rights issue as it turns to its shareholders for funds, the Wall Street Journal reported Thursday. The offering comes after ...More

EJ Insight2014-04-11

Three convicted for false documents in HKMEx scandal

Three mainland businessmen -- Dai Linyi, Li Shanrong, and Lian Chunren -- were on Thursday found guilty by the District Court of Hong Kong for using 32 false financial documents, involving a combined ...More

EJ Insight2014-04-11

China eases rules on overseas investment, Xinhua says

China has taken steps to ease controls on overseas investment by Chinese companies, the official Xinhua news agency reported Thursday, citing the National Development and Reform Commission (NDRC).  Ch ...More

EJ Insight2014-04-11

Google Glass to go on sale for one day, but only in US

Google Inc. said on Thursday that it will allow the general pubic in the United States to place orders for the company's prototype wearable computer -- Google Glass -- in a one-day sale event next Tue ...More

EJ Insight2014-04-11

Abductors demand US$11 mln ransom for Chinese tourist

Gunmen who seized a Chinese tourist on the Malaysian island of Sabah last week are demanding the equivalent of HK$87 million (US$11.22 million) for his release, the Apple Daily reported Friday, citing ...More

EJ Insight2014-04-11

China steps up effort for Asian infrastructure Investment Bank

China has stepped up preparations for establishing the Asian Infrastructure Investment Bank (AIIB), the China Securities Journal reported Thursday, citing finance minister Lou Jiwei {樓繼偉}. At the open ...More

EJ Insight2014-04-11

Banking regulators slam FT over 'turf war' reports

The People’s Bank of China (PBOC) and the China Banking Regulatory Commission (CBRC) have condemned two articles on the Financial Times, which said a friction between the two regulators is hindering t ...More

EJ Insight2014-04-11

The Big Picture: CROSS-BORDER TRADING

In a key initiative to open up its capital market further to overseas investors, China announced on Thursday a mutual market access mechanism between Shanghai and Hong Kong stock exchanges, paving the ...More

EJ Insight2014-04-11

US proved crude oil reserves hit 36-year high

Proved crude oil reserves in the United States grew 4.5 billion barrels or 15 percent to 33.4 billion barrels in 2012, the highest since 1976 and the largest annual increase since 1970, the Hong Kong ...More

EJ Insight2014-04-11

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