Hong Kong Informer

/enpproperty–> The Qianhai Equity Trading Center, which is expected to begin operating this month, will provide loans to Qianhai enterprises by launching RMB-denominated wealth management products in Hong Kong. The yields of those financial products may reach 10 percent because of the higher risk of the small- and medium-sized enterprises in Qianhai, a financial pilot [...]

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BEIJING (AP) — China’s richest people are stepping up investment in U.S. real estate and other foreign assets as they try to preserve their fortunes in the face of a fast-changing economy, a report said Tuesday. The report by China Merchants Bank and the consulting firm Bain & Co. in China reflects uncertainties about abrupt [...]

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BEIJING — Attorneys for family members of China’s prime minister hit back over the weekend at the New York Times, calling the newspaper’s report about wealth amassed by Wen Jiabao’s family “untrue” and suggesting they may take legal action. On Friday, a Times story said Wen’s relatives controlled a fortune worth $ 2.7 billion. The [...]

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BEIJING (AP) — Lawyers have denied a report that Chinese Premier Wen Jiabao’s family has amassed $ 2.7 billion in “hidden riches,” a Hong Kong newspaper said Sunday. The New York Times said in a lengthy article Friday that most of the alleged wealth was accumulated by Wen’s relatives after he rose to high office [...]

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BEIJING (AP) — Lawyers have denied a report that Chinese Premier Wen Jiabao’s family has amassed $ 2.7 billion in “hidden riches,” a Hong Kong newspaper said Sunday. The New York Times said in a lengthy article Friday that most of the alleged wealth was accumulated by Wen’s relatives after he rose to high office [...]

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BEIJING (AP) — A Hong Kong newspaper says Chinese Premier Wen Jiabao’s family has denied a report that it has amassed assets worth $ 2.7 billion. The New York Times reported Friday that most of the wealth was accumulated after Wen rose to high office in 2002. The South China Morning Post on Sunday published [...]

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Plunge In Li & Fung Shares Reduces Wealth Of Hong Kong's Fung Family By … A 19% plunge in the stock price of Hong Kong's Li & Fung, the global sourcing giant whose business partners include Wal-Mart, wiped more than $ 1 billion from the controlling Fung family's wealth on Friday. Shares tanked after the [...]

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A 19% plunge in the stock price of Hong Kong's Li & Fung, the global sourcing giant whose business partners include Wal-Mart, wiped more than $ 1 billion from the controlling Fung … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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Hong Kong’s largest gold-storage facility, which can hold about 22 percent of the bullion now in Fort Knox, will open in September to meet rising demand from banks and the wealthy, according to owner Malca-Amit Global Ltd. The facility … Full News here – Hong Kong – Bing News

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Societe Generale is to repay HK wealth management clients million July 17 (Reuters) – Hong Kong's financial watchdog said onTuesday that Societe Generale is to repay $ 11 millionto wealth management customers for failing to properly discloseits fees to them.The Securities. Full News here – Read more on Reuters

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