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Articles Written by: BEI HU
Hong Kong: Hari Kumar, a founding partner of New York-based asset manager TPG-Axon Capital Management Lp, is starting his own hedge fund with $75 million (around Rs380 crore) of initial capital from him and partner Julian Snaith, said two people ...
From BEI HU,
livemint.com,
8 Apr 2009
HISENSE Kelon Electrical Holdings Co, a Chinese maker of air conditioners and refrigerators, has won a lawsuit to recover money from Gu Chujun, the former chairman jailed for fraud.
A court in Foshan, Guangdong Province, last month ordered ...
JOHN Pearce has left as chief investment officer of Ping An Insurance (Group) Co, China's second-largest insurer, insiders said yesterday.
Pearce, who was involved in Ping An's efforts to expand its international asset management business, left ...
HONG Kong billionaire Li Ka-shing is raising as much as HK$4.06 billion (US$524 million) by selling shares in the Bank of China Ltd, the nation's third-largest bank by market value, according to a stock sale document.
Li's Magnitico Holdings Ltd is ...
CATHAY Pacific Airways, Hong Kong's largest carrier, will report unrealized fuel-hedging losses of HK$7.6 billion (US$980 million) after fuel prices tumbled 70 percent in less than six months.
Fair-value hedging losses almost tripled from October 31 ...
MUNICH Re, the world's biggest reinsurer, is interested in buying some of the units that American International Group Inc may sell, an official at the German company said yesterday.
Munich Re is particularly interested in AIG's life insurance ...
CATHAY Pacific Airways, Hong Kong's largest carrier, warned financial results this year will be "disappointing," hurt by softening revenue and losses on fuel-hedging deals.
Unrealized losses on fuel hedging contracts as of last Friday are estimated ...
BANK of East Asia Ltd, Hong Kong's third-largest lender, asked police to investigate "malicious rumors" that sparked a slump in its stock and queues at branches across the city.
"The management of BEA hereby states in the strongest possible terms ...
CHINA South Locomotive & Rolling Stock Corp, the nation's biggest maker of rail and rapid transit vehicles, raised HK$4.16 billion (US$533 million) from a Hong Kong initial public offering, said two people familiar with the sale.
The Beijing-based ...
PRICEWATERHOUSECOOPERS LLP cut by more than half its forecast for funds raised in Hong Kong initial public offers this year, as the United States subprime mortgage market collapse and ensuing financial turmoil force companies to delay or cancel share ...
