Managers caused Peregrine's failure, government says

Article Abstract:

Peregrine Investments Holdings Ltd.'s collapse was the result of bade management and not Hong Kong's economic crisis itself, according a report by a government inspector, Richard Farrant, at the Financial Services Bureau. Philip Tose, the former chairman, is said to have run the investment bank like a king.

Legal issues & crime, Investment Banking and Securities Dealing, Strategy & planning, Investment Banking, Security brokers and dealers, Management, Investment banks, Investigations, Tose, Philip, Farrant, Richard, Peregrine Investments Holdings Ltd.

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Park the Lexus, and get down to serious leisure farming

Article Abstract:

Upwardly mobile executives in Hong Kong such as doctors and stock brokers have turned to 'leisure farming' as the latest fad. A rural valley outside of Hok Tau Village has been divided into tiny plots for farming. The article details the history and growth of leisure farming in Hong Kong.

Agriculture, Crop Production, Agricultural industry, Brief Article, Behavior, Executives, Recreation

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