How the club makes its bets

Article Abstract:

The Hong Kong Jockey Club, as one of Hong Kong's biggest institutional investors, is very influential. Paulus Lee, the club's finance director, estimated that its available cash at racing season's end is HK$5 billion to HK$6 billion. Lee seems soft-spoken, but he can be tough. Among bankers and fund managers, he is admired and on occasion feared for placing the interest and security of the Jockey Club's beneficiaries first.

Lee, Paulus, Hong Kong Jockey Club

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Tose takes on Wall Street

Article Abstract:

Peregrine Investment Holdings chairman Philip Leigh Tose credits the Hong Kong-based investment bank's 1996 success to an early recognition that the local market would be fairly buoyant. In that year, Peregrine outdueled the world's leading investment banks to head the Asian equity league table. Tose said that Peregrine remains optimistic about Hong Kong's prospects in 1997 and beyond.

Interview, Peregrine Investments Holdings Ltd., Tose, Philip Leigh

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Sisco and H&Q: a marriage made on the golf cours

Article Abstract:

Last year, Korea's Ssangyong Investment and Securities Company (SISCO) was forced by local banks to divest 51% of itself to H and Q Asia-Pacific and 3 other foreign investors. Now SISCO is pleased with the purchase.

United States, South Korea, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Singapore, Asia, Mergers, acquisitions and divestments, Ssangyong Investment and Securities Company Ltd., H and Q Asia Pacific, Lombard Asia-Pacific Investment Corp., Government Investment Corporation of Singapore

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