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Topic: Bank of China (Hong Kong)


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In the News (Wed 22 May 19)

  
  Bank of China (Hong Kong) - Hong Kong Travel - Travel to China
The Hong Kong branches of the last three of these nine were closed in 1954 when their parents were shut down by the central government, and management of the remaining six public-private banks were transferred to the Hong Kong and Macau Regional Office of the Bank of China in 1958.
Hong Kong banks were invited to to apply to become the designated clearing bank for RMB business; the People's Bank of China subsequently chose BOCHK as the clearing bank, for a term of three years.
Bank of China Tower was the first building outside the United States to break the 1,000 feet mark, the first composite space frame high-rise building and was the tallest building in Hong Kong and Asia from 1989 to 1992.
www.famouschinese.com /virtual/Bank_of_China_(Hong_Kong)   (2405 words)

  
 CNN.com - Bank of China wins U.S. case - July 16, 2002
A lawyer for the bank stated after the decision that it is now clear the couple ran a decade-long scheme to defraud the bank.
The bank's former president, Wang Xuebing, was fired from his new employer and stripped of his positions in banking (full story).
The Hong Kong branch says it has made provisions for losses in that scandal and is still collecting collateral and payments on the money it loaned three Kaiping managers.
archives.cnn.com /2002/BUSINESS/asia/07/15/hk.boc/index.html   (798 words)

  
 CNN.com - Bank of China readying listing, results - June 18, 2002
The Hong Kong branch of the Bank of China is the second-largest bank in the city.
Zhu Min, an adviser to the Bank of China's president, gave one of the speeches.
The Bank of China is one of China's four state-run banks and its main foreign-exchange and international bank.
archives.cnn.com /2002/BUSINESS/asia/06/17/hk.boclisting/index.html   (698 words)

  
 Hong Kong & China
China Merchants Bank yesterday held meetings with Beijing-based fund managers in a bid to quell discontent over a proposed 10 billion yuan (HK$9.37 billion) convertible-bond issue that is threatening to turn the star of a new generation of state-owned enterprises into an example of China's corporate governance deficiency.
Hong Kong's economy, which is heavily reliant on exports and the service jobs they create, would suffer greatly in the event of a stronger mainland currency, says a veteran analyst.
Hong Kong is on high alert to guard against a possible new outbreak of Sars following the discovery of a new case in Singapore, the health chief said yesterday.
www.hkchcc.org /hongkong-china05.htm   (13766 words)

  
 Bank of China, Hong Kong
The imposing Bank of China Building, opened in 1989, was briefly the tallest building in Hong Kong, but was overtaken three years later by the Central Plaza in Causeway Bay, just 6m/20ft higher.
Nevertheless, the fact that they still believe in the magical powers of certain numbers was clearly indicated in the date aimed at for the official opening, namely 8.8.(19)88, a highly propitious combination of figures; unfortunately building delays meant that it was not completed in time.
Bank of China and walkway in Hong Kong.
www.planetware.com /hong-kong-island/bank-of-china-hk-hk-bc.htm   (260 words)

  
 Hong Kong Securities Market
The Hong Kong operations of the Bank of China were regrouped into Bank of China (Hong Kong) in 2001, and a 2002 flotation was successful, with the 90% institutional tranche being over-subscribed 4.3 times, and the 10% retail tranche being over-subscribed 24 times.
The China Construction Bank, another of the top four mainland banks, raised US$8bn last October, and BOC is expected to be followed by the Industrial & Commercial Bank of China in 2007.
The proposed flotation of Industrial and Commercial Bank of China, which promises to be the biggest-ever IPO, later this year, will not be affected by the new rules, since it is an 'H-share' issue, with ownership of the company remaining on the mainland.
www.lowtax.net /lowtax/html/hongkong/jhksec.html   (4204 words)

  
 Euro2day :: FOCUS - Bank of China's Hong Kong IPO not affected much by global markets slide
HONG KONG (XFN-ASIA) - Bank of China''s initial public offering (IPO) in Hong Kong may have been hurt to some extent by the recent sell-off on global equity markets but the issue has nevertheless been a good draw as the bank represents a proxy for China''s growth story, analysts said.
Bank of China, whose Hong Kong unit is already listed here, is offering a total of 25.57 bln H shares in the price range of 2.50-3.00 hkd to raise up to 9.8 bln usd.
He estimates that Bank of China''s earnings this year may be cut by about 9 pct in the event Beijing revalues the yuan by about 3.0 pct sometime this year.
www.euro2day.gr /articlesfna/14803869   (2081 words)

  
 SkyscraperModels.us:Bank of China, Hong Kong
The Bank of China Tower (short: BOC Tower; 中銀大廈) is a huge skyscraper in Central, Hong Kong.
It houses the headquarters for the Bank of China (Hong Kong).
This was the tallest building in Hong Kong and Asia from 1989 to 1992, and it was the first building outside the United States to break the 1000 foot mark.
skyscrapermodels.us /models/Bank_China_HKC.html   (212 words)

  
 Hong Kong :: China Digital Times (CDT) 中国数字时代
Hong Kong's central banker on Thursday challenged his Chinese counterparts to increase the pace and scope of financial liberalisation, urging them to allow mainland investors to purchase Hong Kong securities and permit renminbi bond issuance in the territory.
Hong Kong's pro-democracy opposition voted down a modest political reform plan Wednesday that it described as an attempt to sidestep public demands for general elections, dealing a sharp defeat to the local government and its allies in Beijing.
Hong Kong is headed for political gridlock after a huge rally on Dec. 4 in favor of greater democracy for the city.
chinadigitaltimes.net /hong_kong   (7899 words)

  
 Bank of China planning Hong Kong bourse listing - Business - International Herald Tribune
China's banks are restructuring and listing shares overseas, hoping to build up their competitiveness as they brace for the full opening of the country's banking industry to foreign competition late next year.
Bank of China's IPO is scheduled to be followed by a share listing by the Industrial & Commercial Bank of China, or ICBC, in 2007.
But Caijing's report said Bank of China's IPO was not likely to exceed that of BOC Hong Kong (Holdings), the Beijing-based bank's Hong Kong unit.
www.iht.com /articles/2005/12/29/business/boc.php   (425 words)

  
 KATV Channel 7 - Bank of China Plans Hong Kong IPO
Bank of China, the second-largest lender in China, is aiming to list shares in Hong Kong on June 1, a person familiar with the deal said Friday.The bank, which could raise up to $6 billion in a Hong Kong initial public offering, will kick off the road show for the deal in mid-May.
The exact size of the IPO will be determined after the bank decides whether to push through with a domestic A-share listing following the Hong Kong IPO, said the source, who asked not to be named because he wasn't authorized to speak to the media about the deal.
Bank of China will be the second of the country's "Big Four" banks to list shares overseas.
www.katv.com /news/stories/0306/313183.html   (410 words)

  
 Hong Kong, China Day Picture
This panorama of Hong Kong was taken by James Blakeway.
Hong Kong was taken by the British Empire in the 19th Century and handed back to China in 1997.
Hong Kong is a major seaport, financial center and business hub.
www.wackyplanet.com /hong-kong-china-2.html   (229 words)

  
 Original Artwork: Mr. Yan Bingwu: Bank of China - Hong Kong   (Site not responding. Last check: 2007-10-13)
At the next unequal treaty in 1898, the Kowloon Peninsula, more than 200 islands adjacent to Hong Kong, and the bays of Shenzhen (the so called "New Territories" region) were officially leased to Britain for 99 years.
Hong Kong's natural harbor and strategic location have made it one of the world's leading trade and financial centers.
Since 1989 the modernistic Bank of China Tower, designed by the renowned Chinese-American architect I.M. Pei, has become the symbol of the prosperous modern city of Hong Kong.
www.artworkoriginals.com /EB5SB75Y.HTM   (430 words)

  
 Hong Kong banknotes - Wikipedia, the free encyclopedia
Hong Kong banknotes in everyday circulation are $10, $20, $50, $100, $500 and $1,000.
The total value of banknotes in circulation in Hong Kong can be found in Monthly Statistical Bulletin and the Annual Report.
Previous issuers of banknotes were The Merchantile Bank Limited 1853-1984, The National Bank of China 1891-1911, The Oriental Bank Corporation 1845-1884, the AGRA and Masterman's Bank Limited 1862-1866, The Asiatic Banking Corporation 1862-1866 and The Bank of Hindustan, China and Japan 1862-1966.
en.wikipedia.org /wiki/Hong_Kong_banknotes   (852 words)

  
 Unisys Helps Bank of China (Hong Kong) Ltd Improve Efficiencies with New Imaging System : ArriveNet Press Releases : ...   (Site not responding. Last check: 2007-10-13)
BOCHK is one of the three bank note issuing banks in Hong Kong and serves as a Chairman Bank of the Hong Kong Association of Banks on a rotational basis.
In addition, BOCHK has 14 branches and sub-branches in the Mainland of China to provide cross-border banking services to customers in Hong Kong and the Mainland.
BOC Hong Kong (Holdings) Limited, BOCHK's holding company, began trading on the main board of the Stock Exchange of Hong Kong on 25 July 2002, with stock code "2388", ADR OTC Symbol: "BHKLY".
press.arrivenet.com /technology/article.php/676977.html   (685 words)

  
 #011 - Bank of China Tower, Hong Kong - SkyscraperCity
However, in China the X shape is seen as a symbol of death.
The sectioned trunk of the Bank of China Building is inspired by the growth patterns of bamboo.
The Bank of China Tower was the tallest building in Asia upon completion, until 1992, when Hong Kong's Central Plaza took the tile.
www.skyscrapercity.com /showthread.php?t=3430   (661 words)

  
 CHINA - HONG KONG & MACAU - Bank of China Tower - Worldisround photo
A small skydeck that is open to the public on the 42nd floor gives a view to the northwest side of Hong Kong.
The changes in geometry, from a square base through several geometric changes to a single spire, result in a multifaceted facade of angles and profiles that reflect the light and seem almost crystalline in composition.
Tallest building in Hong Kong and Asia from 1989 to 1992, until the completion of Central Plaza.
www.worldisround.com /articles/34139/photo10.html   (302 words)

  
 Sports Federation & Olympic Committee of Hong Kong, China   (Site not responding. Last check: 2007-10-13)
Bank of China Hong Kong Sports Stars Awards 2006, organized by the Sports Federation & Olympic Committee of Hong Kong, China (SF&OC) is subvented by the Leisure & Cultural Services Department.
Hong Kong Athletes attained a record breaking result in the 15th Doha Asian Games which was just concluded last Friday.
With the generous support from our Title Sponsor, Bank of China (Hong Kong) this year, a special award “Bank of China (Hong Kong) Best of the Best Hong Kong Sports Star Award” would be awarded to the athlete with the highest votes among the 8 winners of Hong Kong Sports Stars Awards category.
www.hkolympic.org /article/articles_archive_view/1059/1/11   (815 words)

  
 Bank of China (Hong Kong) - Wikipedia, the free encyclopedia
The Bank of China (Hong Kong) Limited (BOCHK, 中國銀行(香港)有限公司) (SEHK: 2388) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits, with more than 300 branches in Hong Kong.
Hong Kong Monetary Authority, HKMA Annual Report 2003.
Images of the 2004 issue of BOCHK bank notes can be seen at the homepage of the Hong Kong Monetary Authority.
en.wikipedia.org /wiki/Bank_of_China_(Hong_Kong)   (2384 words)

  
 LC: Bank of China (Hong Kong) Limited (Merger) Bill   (Site not responding. Last check: 2007-10-13)
It is the Administration's policy to support the continued consolidation of the banking sector in Hong Kong, which would improve its competitiveness, enhance the systemic stability of the banking system and ensure an appropriate degree of protection for depositors' interest.
The Administration is of the view that the proposed mergers under the two Bills are in line with the aforesaid policy and conducive to maintaining Hong Kong's status as an international financial centre.
The same would also apply if the merger of entities is conducted outside Hong Kong in a jurisdiction where the law deems the surviving entity as one and the same as the merging entities.
www.info.gov.hk /gia/general/200107/12/0712180.htm   (946 words)

  
 Bank of China (Hong Kong) leaves prime rate unchanged at 7.75 pct - Forbes.com   (Site not responding. Last check: 2007-10-13)
Bank of China (Hong Kong) leaves prime rate unchanged at 7.75 pct - Forbes.com
HONG KONG (XFN-ASIA) - Bank of China (Hong Kong) said it is leaving its prime lending rate in Hong Kong unchanged at 7.75 pct.
The move follows HSBC (nyse: HBC - news - people) and Hang Seng Bank's announcements earlier that they were both keeping their prime lending rates unchanged at 7.75 pct.
www.forbes.com /afxnewslimited/feeds/afx/2006/12/13/afx3250119.html   (294 words)

  
 Unisys | Helps Bank of China (Hong Kong) Ltd Improve Efficiencies with New Imaging System
HONG KONG, July 27, 2005 — Unisys Corporation (NYSE: UIS) today announced that the Bank of China (Hong Kong) Limited (BOCHK) has awarded Unisys in Hong Kong a contract to build a new voucher imaging system to help the bank better manage its document processing.
With state-of-the-art technology, the system will allow the bank to scan, index and archive approximately 400,000 documents per day, as well as support 1,000 document inquiries per day.
Bank of China (Hong Kong) Limited ("BOCHK"), established on 1 October 2001, is a leading commercial banking group in Hong Kong.
www.unisys.com /about__unisys/news_a_events/07278562.htm   (630 words)

  
 Bank of China Tower :: , Hong Kong, Hong Kong, China :: Glass Steel and Stone
A star among stars, the Bank of China building represents its host city in a number of ways.
It is unmistakably modern, blending well with the urban metropolis that has sprouted on the South China Sea.
The cross is considered a symbol of bad luck in Chinese culture, and this could be detrimental to the building's occupancy rate even in modern, overcrowded Hong Kong.
www.glasssteelandstone.com /BuildingDetail.php?ID=90   (462 words)

  
 Bank of China's Hong Kong IPO continues to draw strong retail interest - Forbes.com   (Site not responding. Last check: 2007-10-13)
Bank of China's Hong Kong IPO continues to draw strong retail interest - Forbes.com
HONG KONG (XFN-ASIA) - Bank of China's initial public offering (IPO), which opened yesterday, continued to attract heavy subscription from retail investors, with some big local brokerages booking orders worth billions of Hong Kong dollars, officials at brokerages told XFN-Asia.
The mainland's second-largest lender, whose Hong Kong unit is already listed here, is offering a total of 25.57 bln H shares in the price range of 2.50-3.00 hkd to raise up to 9.8 bln usd.
www.forbes.com /business/feeds/afx/2006/05/19/afx2758769.html   (679 words)

  
 Hong Kong - Wikimedia Commons
Sai Kung Tin Hau Temple, Sai Kung, Hong Kong.
Rooftop of Hong Kong Convention and Exhibition Centre (HKCEC)
Hong Kong University of Science and Technology Sundial
commons.wikimedia.org /wiki/Hong_Kong   (116 words)

  
 Finextra: Bank of China (Hong Kong) automates trade finance with SmartStream
The Bank of China (Hong Kong) has implemented software from UK-based SmartStream Technologies to automate its trade finance operations.
SmartStream says its TLM Trade Finance module has been integrated with 100 of the bank's core banking systems and will automate the processing of documentary payments including letters of credit, collections, guarantees, loans and financing/discounting.
Peter Liu, CIO, Bank of China (Hong Kong), comments: "The introduction of real time trade finance processes will allow us to become a stronger business partner to our corporate customers and provide greater visibility into their transactions."
finextra.com /fullstory.asp?id=14452   (286 words)

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