Tag: hong kong

With the amended company act to be enforced in Hong Kong in 2014, CT asks Joshua Cole, partner of law firm King and Wood Mallesons, to elaborate on the key changes that affect corporate executives.

The country’s most recent import/export data indicates the old trade scam of over-invoicing is creeping back.

Hong Kong published the new listing rules on July 23. Matt Emsley and Jason Sung, Hong Kong-based partners of law firm Herbert Smith Freehills, explain key changes and how the IPO approval procedure will be streamlined.

Property expert Gavin Morgan, COO and head of leasing of Jones Lang LaSalle, explains what CFOs considering a move in Hong Kong need to know.

The discrepancy between China and Hong Kong's export/import data has narrowed to $6.3 billion in June after China's FX regulator started targeting fishy trade invoicing in April.

China’s central bank was the primary cause for the interbank lending spike, but "fake trading" precipitated the problem.

Hong Kong enables Islamic bonds to be issued; China's banking regulator pushes for Basel III standards; Myanmar's FX policy gets thumbs up from Standard Chartered

Hong Kong’s tax bureau initiated its first transfer pricing audits and probes in 2012. CT asks Loretta Shuen, chairperson of the taxation committee of CPA Australia’s Greater China chapter, to outline the new landscape.

After a standard analysis by CT and S&P Capital IQ of advertising agencies' DSO revealed substantial delay of payments, Asia-based finance executives of the world’s largest ad firms have fought back claiming standard industry billing practices are mitigating factors in collections.

Advertising industry reps took to the front page of the Financial Times to gripe about clients extending payment terms. CT looked at the accounting statements of the largest publicly-traded agencies in Asia and the world to gauge how bad the situation is.

Stelux Holdings International, an Asia-Pacific watch retail company, has promoted finance director Wallace Kwan Chi-kin to CFO.

As China opens its capital account to free the renminbi, Hong Kong’s prominence as a CNH hub will inevitably lessen.