17 February 2020

Yonnex Li

EJ Insight reporter
  • Facebook seeks to gain advertising dollars in a country where it has been banned since 2009. Photo: Bloomberg

    INTERVIEW: Facebook seeks likes from China telecom, tech firms

    - Mar 17, 2014 8:31am
    Banned since 2009 in China, Facebook Inc. has found a new way to cash in on the world’s most populous country. The No. 1 social network is luring mainland telecom, e-commerce and travel merchants to advertise...
  • Ping An says 45 customers on missing Malaysian plane

    - Mar 14, 2014 5:37pm
    Ping An Insurance (Group) Co. of China (02318.HK, 601318.CN) said Friday that 45 passengers on the Malaysian plane that has been missing for a week were insured by the company and that it is prepared to...
  • HKEx sees subdued market amid China concerns

    - Feb 27, 2014 10:45am
    Hong Kong Exchanges and Clearing Ltd. (HKEx, 00388.HK) said Wednesday that market sentiment is unlikely to improve significantly in the near term due to uncertainties surrounding China’s economy. The subdued investor mood will weigh on trading...
  • Yue Xiu is seeking to strengthen Chong Hing Bank after acquiring 75% stake in the Hong Kong lender. Photo: Bloomberg

    Yue Xiu on the prowl for more bank deals

    - Feb 24, 2014 6:30am
    Yue Xiu Group is open for more acquisitions in the banking sector after completing a US$1.5 billion deal for a Hong Kong lender, joining the growing array of Chinese firms that are seeking opportunities in the...
  • Marco Polo Hotels is looking to wedding receptions to make up for loss of income amid Beijing's frugality drive. Photo: HKEJ

    Wedding bells sound like hope for Marco Polo

    - Feb 11, 2014 6:30am
    China’s marrying types are a boon to the consumption market but they’re more than a nice little prospect for Marco Polo Hotels. When they exchange vows and drink to wedded bliss, the celebratory spoils are good as...
  • Bank of Taiwan's Lee Jih-Chu is optimistic that Taiwan will have yuan-traded equities by the end of the year. Photo: Bloomberg

    Taiwan bank chief sees T-shares launch in 2014

    - Jan 17, 2014 7:05am
    Taiwan may start allowing mainland Chinese firms to raise funds through yuan-denominated share sales and equity listings in the island this year, burnishing its allure as an offshore renminbi hub, according to the chairperson of Taiwan Financial Holdings...
  • FTSE Group's Jessie Pak sees good demand for products related to China bond market.

    FTSE to launch onshore RMB bond index

    - Jan 2, 2014 7:03am
    FTSE Group will by June this year launch its first-ever index that tracks onshore yuan-denominated bonds, amid growing global demand for investment products linked to the best-performing Asian currency. The UK-based index provider will compile a...
  • Haitong International Securities Group chief executive Lin Yong says Hong Kong will be a bright spot for tech listings next year.

    Haitong tips 2014 tech IPO boom to go off with a bang

    - Dec 30, 2013 6:00am
    Haitong International Securities Group Ltd. (00665.HK) expects 2014 to be another big year for the tech sector, if not busier than the previous bumper 12 months. The flagship offshore arm of China’s No. 2 broker said...
  • BTC China will have to contend with a tighter regulatory grip as authorities fear a speculative bubble. Photo: Bloomberg

    INTERVIEW: BTC China eyes more bitcoin gold even as risks rise

    - Dec 6, 2013 2:52pm
    BTC China, the world’s biggest bitcoin exchange, is looking to raise an extra US$5 million within a year, even as regulators become increasingly wary about the risks surrounding virtual cash.  The Shanghai-based company is in talks...
  • Nearly a million people in China are said to be involved in the bitcoin industry. Photo: Reuters

    Market-makers look beyond bitcoin speculative frenzy

    - Nov 26, 2013 5:49am
    Four years ago, 6,000 bitcoins were equivalent to four pizzas in value. Today, the same amount of the virtual currency buys you a Lamborghini Veneno Roadster, the world’s most expensive car model that costs around US$4.5...
  • Huishang Bank plans to support Vanke by offering loans to the Chinese property developer's suppliers. Photo: Bloomberg

    INTERVIEW: Huishang Bank backs China Vanke supply chain

    - Nov 12, 2013 8:31am
    Huishang Bank Corp. Ltd. (03698.HK) is looking to offer loans to suppliers of China Vanke Co. Ltd. (000002.CN) after the country’s biggest property developer invested HK$3.1 billion (US$509 million) to become a cornerstone investor in the...
  • Lenovo aims to challenge global biggies like Samsung in the Indonesia smartphone market.

    INTERVIEW: Lenovo to double Indonesia smartphone outlets

    - Nov 11, 2013 6:45am
    Lenovo Group Ltd. (00992.HK) plans to more than double its sales outlets for smartphones in Indonesia in a year to capitalize on the Southeast Asian nation’s growing ranks of middle-class consumers. The world’s No. 1 personal-computer...
  • Mark Wiedman, global head of BlackRock's iShares, said investors have recovered their appetite for higher-yielding, riskier assets after the US Federal Reserve decided to delay tapering its quantitative easing program.

    BlackRock emerging market ETFs survive Fed taper call

    - Nov 1, 2013 6:00am
    Exchange-traded funds (ETF) linked to equities in emerging markets including China are recovering from an exodus of investor money after the US Federal Reserve decided to delay exit from its massive stimulus. The US central bank...
  • Inside A Chow Tai Fook Jewelry Store

    INTERVIEW: Chow Tai Fook to triple online sales each year

    - Oct 24, 2013 7:03am
    Chow Tai Fook Jewellery Group Ltd. (01929.HK), the world’s largest jewelry retailer by market value, aims to triple online sales every year as shoppers turn to the internet from bricks-and-mortar outlets. The Hong Kong-based company wants...
  • Asia to see slow Basel III bond supply, Fidelity says

    - Oct 21, 2013 5:15pm
    Asia will see a rather slow issuance of Basel III-compliant bonds after the first of its kind came into place early this month, Fidelity Worldwide Investment said. Asian lenders boast stronger domestic deposit bases and cash...
  • UPDATE: UK said to get 80 bln yuan RQFII quota

    - Oct 15, 2013 5:59pm
    (Recasts headline and lead, adds analyst comments) China and Britain on Tuesday signed agreements on 80 billion yuan (US$13.1 billion) of quotas under the renminbi qualified foreign institutional investor (RQFII) scheme which allows offshore yuan to...
  • Britain said to lower entry threshold for China banks

    - Oct 15, 2013 3:23pm
    Britain will make it easier for Chinese banks to set up branches in London, another step toward turning the country into a financial investment hub for Asia’s biggest economy, Chinese media reported Tuesday. British Chancellor of...
  • Central bank governor Perng Fai-nan

    Taiwan eyes bigger RMB reserves on yield prospects

    - Oct 4, 2013 6:00am
    Taiwan’s central bank, which has added the renminbi to its reserve portfolio, may consider more yuan-denominated assets if returns remain lucrative. “Whether we will increase renminbi assets in our reserves depends on three factors. First and...