In Hong Kong, don't fight; just make some money: a pragmatic profit motive is what's behind the boom in the island's buoyant property market

Article Abstract:

Some Hong Kong residents are skeptical of Chinese leadership but this is not stopping them from making a profit. Hong Kong residents fear that China will assert itself as an authoritarian ruler but Hong Kong residents would like to make a profit regardless of the outcome of Chinese rule. Stock markets are booming due to the entry of Chinese securities and speculators are making a killing in their respective markets due to the chinese influence but this does not make them like the Chinese any better.

International Affairs, Bilateral Diplomacy, Economic aspects, Hong Kong, Diplomacy, Hong Kong-China reunification question

---

Lai's sale of stake in Chinese retailer reflects pragmatic approach to Beijing

Article Abstract:

Hong Kong publisher Jimmy Lai is selling his 47.5% interest in Chinese retailer Tiger Enterprises Ltd. in line with his adoption of a more pragmatic stance towards Chinese officials as the turnover of the colony to China approaches. Lai earned the ire of Chinese officials after he made remarks critical of Chinese Premier Li Peng in his magazines. Lai is selling his stake to Giordano International Ltd. to save the company from any further retaliatory action on the part of the Chinese government.

PRINTING AND PUBLISHING, Publishing, Publishing Industries, Apparel & Shoe Stores, Clothing and Clothing Accessories Stores, APPAREL AND ACCESSORY STORES, Publishing industry, China, Mergers, acquisitions and divestments, Retail industry, Retail trade, Political activity, Lai, Jimmy, Tiger Enterprises Ltd.

---

Colony's bourse investigates Lai's snap selling of Giordano

Article Abstract:

The Stock Exchange of Hong Kong Ltd. ordered an investigation on businessman Jimmy Lai Chee-ying's snap selling of 27% of Giordano International Ltd.'s stocks valued at $188.8 million. On Mar 1, 1996, Lai's retail company announced that Lai had no plans to divest his interests in Giordano. Although Lai's activities were legal and ethical under Hong Kong stock trading regulations, some questioned his motives for changing his position on the divestment.

Securities & Commodities Exchanges, Securities and Commodity Exchanges, Security and commodity exchanges, Investigations, Stock-exchange, Stock exchanges, Securities, Stock Exchange of Hong Kong Ltd., Chee-ying, Jimmy Lai

Similar abstracts:

• Abstracts: Walking on air: state sale inflates Philippine property market. No guts, no glory
• Abstracts: Walking on air: state sale inflates Philippine property market. part 2 The new gold rush
• Abstracts: Manila Bay morass: a scandal-plagued Philippines land venture puts President Ramos in the hot seat
• Abstracts: Russian oil majors seek foreign cash. Jamaica privatisations in the pipeline. Persuasion necessary in Bolivia
• Abstracts: China makes its own rules: foreign interference is all right if it's to Beijing's advantage. China keeps mild Taiwan line; Beijing unlikely to take military action without new provocation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.