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Topic: BOC Hong Kong (Holdings) Ltd


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In the News (Sat 26 Dec 09)

  
  Hong Kong
En av dessa sedlar, utgiven av BOC, ser du till här nere.
Speaking today at the launch of the Hong Kong Financial Sector Exhibition 2002, the Financial Secretary, Mr Antony Leung, said that the decision to issue the new $10 note was taken in response to the renewed public demand for a $10 note for day-to-day use and particularly during the Lunar New Year.
Det betalade köparen för en svartvit sedel från Hong Kong, skriver nyhetsbyrån Bloombergs.
www.banknotes.se /hongkong.htm   (935 words)

  
  eTaiwanNews.com/Hong Kong banks begin accepting yuan deposits
BOC Hong Kong (Holdings) Ltd., Bank of East Asia Ltd. and HSBC Holdings Plc are among 40 lenders that will start accepting yuan deposits in Hong Kong for the first time today, as financial integration with China deepens.
Hong Kong banks are trying to tap the HK$65 billion (US$8.36 billion) of yuan notes estimated to be circulating in the city.
With closer economic integration between China and Hong Kong, the new yuan services are "near and dear" to the people of Hong Kong, said He Guangbei, chief executive of BOC Hong Kong in a press statement.
www.buzztracker.org /2004/02/26/cache/84939.html   (560 words)

  
 CNN.com - China bank joining Hang Seng index - Nov. 11, 2002
It was one of a handful of Hong Kong stocks to close in the fl on Monday as a broad downturn grips most Asian markets.
BOC Hong Kong becomes the sixth stock to join the Hang Seng index before completing the normal two-year waiting period.
Last month ratings agency Fitch said BOC Hong Kong's financial position and profitability was improving, but it still needed to reduce its percentage of non-performing loans to match the level of leading Hong Kong banks.
archives.cnn.com /2002/BUSINESS/asia/11/11/china.banking.biz   (680 words)

  
 Hong Kong to issue new banknotes from December 2003
Hong Kong is to circulate newly designed banknotes in five denominations starting this December, the Hong Kong Monetary Authority said Wednesday.
He Guaugbei, chief executive of the Bank of China (Hong Kong) Limited, introduces the upcoming issue of a new series of Hong Kong banknotes in a bid to standardise their security features during a news conference in Hong Kong September 3, 2003.
Hong Kong's Financial Secretary Henry Tang has warned earlier that speculators are eyeing the territory's fixed currency like tigers, repeating that the government would stand firmly behind its currency link to the U.S. dollar.
www.chinadaily.com.cn /en/doc/2003-09/04/content_261196.htm   (299 words)

  
 Hong Kong Herald - Hong Kong News   (Site not responding. Last check: 2007-10-13)
HONG KONG -- Hong Kong legislators concluded a two-day official visit to mainland China's Guangdong province Monday in what was considered a major...
Hong Kong, 29 September: Two social security initiatives will be implemented over the next two months, said a spokesman of the Hong Kong Social...
HONG KONG Hong Kong's chief executive led all but one member of the city's legislature across the border to mainland China on Sunday, starting a two-day...
www.hongkongherald.com /p.x/ct/10/id/b82693edf38ebff8   (169 words)

  
 Hang Seng Index - Wikipedia, the free encyclopedia
It is used to record and monitor daily changes of the 33 largest companies of the Hong Kong stock market and as the main indicator of the overall market performance in Hong Kong.
HSI was started on November 24, 1969, compiled and maintained by HSI Services Limited, which is a wholly-owned subsidiary of Hang Seng Bank, the second largest bank listed in Hong Kong in terms of market capitalisation.
It caters for the unique characteristics of the Hong Kong stock market and maintains the international compatibility with a mapping to the FTSE Global Classification System, which is compiled and administered by FTSE International Limited.
en.wikipedia.org /wiki/Hang_Seng   (779 words)

  
 tdctrade.com - Hong Kong Trade Development Council   (Site not responding. Last check: 2007-10-13)
The executive was transferred to Beijing one day before BOC Hong Kong's annual general meeting last week in what the bank described as a "normal" transfer.
The statement, issued by BOC Hong Kong on behalf of its parent, made no link between the investigation of Liu and the loan to Chau.
The HK$2.11 billion one-year bridging loan was granted by BOC Hong Kong to New Nongkai in June 2002 to finance the acquisition of Shanghai Land Holdings Ltd. (H.SLD), listed in Hong Kong.
my.tdctrade.com /news/article.asp?lang_id=3&item_id=700225&cat_id=2&sel_date=20030608&from_cat=2   (334 words)

  
 Bloomberg.com: Top Worldwide
BOC Hong Kong was told by a panel of external auditors in September last year to reorganize its management to reduce risk.
BOC Hong Kong said in February it fired former Chief Executive Liu Jinbao on suspicion of economic crimes.
BOC Hong Kong hired Linda Tsao Yang as its fourth independent non-executive director on a board of 12 people in November 2003 to improve its corporate governance.
quote.bloomberg.com /apps/news?pid=10000006&sid=alO0jjtyIhtc&refer=home   (673 words)

  
 Hong Kong Expects Bull Run;   (Site not responding. Last check: 2007-10-13)
Hong Kong -- STOCKS IN HONG KONG are expected to rise sharply during the rest of the year on a rebounding economy and indications of even stronger corporate earnings in the second half.
Several factors are underpinning the Hong Kong index's gains: strong corporate earnings, improving property prices, the end of six years of deflation,ample liquidity in the financial system and rebounding retail sales after last year's outbreak of severe acute respiratory syndrome.
A number of brokerage firms have indicated they expect Sun Hung Kai Properties Ltd., Hong Kong's dominant home provider apart from the government, to be the sector's strongest performing stock for the rest of the year.
www.lezhou.net /0918/hk.htm   (875 words)

  
 Bloomberg.com: Asia
June 10 (Bloomberg) -- The Hong Kong Monetary Authority hired an auditor to help it study the loan approval process at BOC Hong Kong (Holdings) Ltd., amid reports the unit of Bank of China was involved in improper lending to a Shanghai tycoon.
BOC Hong Kong on Friday said it is owed about HK$740 million ($95 million) by New Nongkai Global Investment Ltd., a company owned by Zhou, for New Nongkai's acquisition of Shanghai Land Holdings Ltd. The bank said it won a High Court of Hong Kong order for New Nongkai to be placed in receivership.
Still, investors said the Hong Kong lender and its parent need to clarify the exact nature of the probe into Liu Jinbao, who was replaced as BOC Hong Kong's vice chairman and chief executive on May 28.
quote.bloomberg.com /apps/news?pid=10000080&sid=akGGQyt1pcFI&refer=asia   (616 words)

  
 BOC Hong Kong (Holdings) Limited - Company Profile - Computer Business Review
BOC Hong Kong is a commercial banking group that offers an array of personal and corporate banking services.
BOC Hong Kong is a holding company which operates as a commercial banking group.
Looking ahead, we believe the fundamentals of the Hong Kong domestic economy have become even stronger than a year ago and the current upturn should be sustainable, to be driven mainly by inbound tourism especially with the opening of the Hong Kong Disneyland later this year.
www.cbronline.com /companyprofile.asp?guid=EFC31880-D50A-4FF5-939C-BD84859D5983   (1274 words)

  
 BOC Hong Kong 2004 net profit rise 50 percent, beats forecast
ONG KONG, March 23 (AFP) - The Hong Kong arm of mainland banking giant Bank of China reported Wednesday a 50.3 percent rise in 2004 net profit, the highest since its listing in 2002 and beating full year forecasts.
BOC Hong Kong (Holdings) Ltd. said 2004 net profit rose to 11.96 billion Hong Kong dollars (1.5 billion US dollars), compared with 7.96 billion Hong Kong dollars a year earlier.
Looking forward, He was optimistic that BOC Hong Kong would continue to expand its business in the local and Chinese markets.
www.ttc.org /cgi-binloc/searchTTC.cgi?displayZop+23321   (442 words)

  
 Tagalder - a publicly traded company in North America   (Site not responding. Last check: 2007-10-13)
The two companies will buy a ``substantial amount'' of shares in BOC Hong Kong, more than those Standard Chartered Plc has agreed to purchase, Li said at a press briefing.
Standard Chartered is paying $50 million for less than 2.5 percent of BOC Hong Kong's stock being sold.
BOC Hong Kong, the listing company of Bank of China (Hong Kong) Ltd., a unit of China's biggest foreign-currency lender, is selling as much as $2.8 billion of shares in Hong Kong this month.
www.tagalder.com /newslist.php?news=a20020710.htm   (196 words)

  
 Hong Kong Hotel and Travel Information — Hong Kong Hotel & Travel
With all the great Hotels in Hong Kong you will find one that suits your needs to catch a few hours of sleep, but you won’t want to miss much because the nightlife in Hong Kong is exciting to say the least.
Hong Kong has it all and you will see why so many people love to live there and love to visit returning over and over again to enjoy all there is to do and see in the city.
Have fun during your stay in Hong Kong and we know you will be one of the many who return again and again to visit.
www.hongkongcitytourist.com   (368 words)

  
 Asian stocks: Japan's DoCoMo rises; Hong Kong's HSBC advances
HSBC Holdings Plc led gains in banks after the Hong Kong Economic Times said China may set up rules as early as December to make the city its center for offshore yuan business.
BOC Hong Kong (Holdings) Ltd., the unit of China's second- biggest bank, climbed 1.2 percent to HK$8.35.
As trade and tourism between China and Hong Kong grow, there is as much as HK$70 billion ($8.97 billion) of yuan in circulation in Hong Kong, the report said.
www.chinadaily.com.cn /en/doc/2003-08/11/content_253863.htm   (936 words)

  
 Manulife (Hong Kong) - Individual Insurance - ManuSelect Hong Kong Fund
ManuSelect Hong Kong Fund is a unitized fund designed to provide medium to long-term capital growth in Hong Kong.
It is designed for investors who hold a medium to long-term investment view and who are prepared to accept significant fluctuations in the value of their investments in order to achieve medium to long-term returns.
Hong Kong will likely remain range bound in the first quarter of 2006 until a clearer picture emerges on the interest rate front.
www.manulife.com.hk /manulife_public/english/content/ind/indmiphongkong.html   (406 words)

  
 Muzi.com | LatelineNews : BOC HK says ex-chief under formal investigation   (Site not responding. Last check: 2007-10-13)
BOC Hong Kong (Holdings) Ltd (BOC HK) said China's investigation was, at present, restricted to loans made through the Bank of China's Shanghai branch, where Liu headed operations in the 1990s.
Hong Kong's central bank, the Hong Kong Monetary Authority, is investigating some loans made by BOC HK.
BOC HK shares edged up 0.64 percent to HK$7.90 in early trade on Wednesday but were unchanged by late morning.
stars.dailynews.muzi.com /ll/english/1265603.shtml   (740 words)

  
 BOC Hong Kong net profit up over 84 pct on strong net interest income UPDATE   (Site not responding. Last check: 2007-10-13)
HONG KONG (XFN-ASIA) - BOC Hong Kong (Holdings) Ltd said its net profit for the first half to June rose 8.4 pct year-on-year to 7.09 bln hkd driven by strong net interest income.
BOC Hong Kong will not necessarily compete head on with its parent on the mainland, he said, citing the huge size of China's market and the rapid pace at which its economy is growing.
BOC Hong Kong deputy chief executive David Lam said the group aims to achieve market leadership in the local mortgage loan market in the second half of the year by maintaining competitive pricing for mortgage loans and maintaining close alliances with property developers and agents.
www.lse.co.uk /ForeignMarkets.asp?ArticleCode=q58m7px5l2lcxd4&ArticleHeadline=BOC_Hong_Kong_net_profit_up_over_84_pct_on_strong_net_interest_income__UPDATE   (806 words)

  
 Hong Kong : online media references   (Site not responding. Last check: 2007-10-13)
Hong Kong's legislative sessions in the next four years will never be the same again with the new members who just elected.
Forbes: The Hong Kong economy surged ahead by 12.1 percent in the second quarter, officials said Friday in a report that exceeded expectations and prompted the...
Springfield News Sun,: HONG KONG (AP)--Unemployment in Hong Kong held steady at 6.9 percent, defying predictions of a further drop as the growing labor force kept pace with an...
www.linkmorgue.org /general/A2004/Hong_Kong.html   (5894 words)

  
 Country/Industry/State Page   (Site not responding. Last check: 2007-10-13)
Hong Kong ISIN Codes - If you need to know the ISIN or local exchange code of a Hong Kong stock, this is the place.
Hong Kong Stock Quotes - Yet another page for HK stocks; this one also provides chairman's name, authorized and issues shares, book closing date, result report dates, and the name of the registrar.
Stock Exchange of Hong Kong Home Page - The HK Stock Exchange doesn't have any quotes, but they have some general information about the exchange, which some people might find interesting and/or useful.
www.corporateinformation.com /ctryind.asp?ctry_cod=344   (759 words)

  
 Channelnewsasia.com
HONG KONG : The Hong Kong arm of mainland banking giant Bank of China reported better-than-expected interim results, with an 85 percent rise in net profit.
BOC Hong Kong (Holdings) Ltd. said net profit rose to 5.58 billion HK dollars (715.38 million US) in the six months to June compared with 3.01 billion dollars the year before despite interest income falling to 7.30 billion dollars from 9.36 billion dollars.
BOC Hong Kong has been caught up in a financial scandal with chairman Xiao Gang saying Thursday that former deputy chief executives Zhu Chi and Ding Yansheng had been arrested for embezzling 30 million dollars.
www.channelnewsasia.com /stories/afp_asiapacific_business/view/101821/1/.html   (338 words)

  
 SEC Info - Boc Hong Kong Holdings Ltd - F-6 - On 4/2/3
Section 1.8 "Company" shall mean BOC Hong Kong (Holdings) Limited, a company organized and existing under the laws of Hong Kong, having its principal executive office at 52nd Floor, Bank of China Tower, 1 Garden Road, Hong Kong, and its successors.
If a Holder is not the Beneficial Owner of the Regulation S ADSs evidenced by the Receipt registered in its name, such person shall be deemed to have all requisite authority to act on behalf of the Beneficial Owners of the Regulation S ADSs evidenced by such Receipt.
Section 1.21 "Hong Kong" shall mean the Hong Kong Special Administrative Region of the People's Republic of China.
www.secinfo.com /drjtj.21ef.htm   (3943 words)

  
 CNN.com - China bank joining Hang Seng index - Nov. 11, 2002
It was one of a handful of Hong Kong stocks to close in the fl on Monday as a broad downturn grips most Asian markets.
BOC Hong Kong becomes the sixth stock to join the Hang Seng index before completing the normal two-year waiting period.
Last month ratings agency Fitch said BOC Hong Kong's financial position and profitability was improving, but it still needed to reduce its percentage of non-performing loans to match the level of leading Hong Kong banks.
edition.cnn.com /2002/BUSINESS/asia/11/11/china.banking.biz   (671 words)

  
 Bloomberg.com: Energy   (Site not responding. Last check: 2007-10-13)
May 20 (Bloomberg) -- CLP Holdings Ltd., Hong Kong's biggest power utility, and China Resources Power Holdings Co. led borrowers in Asia this week as they sought a combined $2 billion of loans to meet the region's demand for electricity.
Hong Kong-based China Resources Power will boost its working capital with the $200 million loan arranged by Agricultural Bank of China, BOC Hong Kong (Holdings) Ltd., Hang Seng Bank Ltd., HSBC Holdings Plc and Standard Chartered Plc.
``Hong Kong power producers have a lot of cash and given the lack of growth opportunities in Hong Kong and low cost of funding, they're better off investing the money in overseas markets than distributing the cash to shareholders,'' said Ivan Lee, Lehman Brothers' Hong Kong-based head of Asian utilities research.
www.bloomberg.com /apps/news?pid=10001099&sid=aJ_IOnPoHJlE&refer=energy   (654 words)

  
 Boston.com / Business / Bank of China appoints new COO   (Site not responding. Last check: 2007-10-13)
HONG KONG -- The Bank of China's Hong Kong unit announced Friday it has picked a veteran banker as its chief operating officer, a position created to help rebuild the bank's image following a loan scandal linked to Chinese tycoon Zhou Zhengyi.
Raymond Lee was named as the new chief operating officer at BOC Hong Kong (Holdings) Ltd. He has previously worked at CITIC Ka Wah Bank and Bank of New York Co.
BOC Hong Kong's chief executive He Guangbei said Lee was the first outsider to be recruited for a senior position at the bank.
www.boston.com /business/articles/2004/05/21/bank_of_china_appoints_new_coo   (246 words)

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