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Aug
18
How the super-rich Thai family that co-founded Red Bull conceals its wealth, using offshore companie

Confidential deals were inadvertently exposed by the jet-setting son Vorayuth “Boss” Yoovidhya, a fugitive after a deadly accident with a motorcycle police officer almost five years ago

Aug
18
How the magic went out of Huishan’s financial wizardry

Whenever a bank’s interest is tied to the share price of its debtor, the options become very limited for all concerned

Aug
18
China’s investment-oriented insurance premiums fall on crackdown

The insurance premium decline is expected to continue as regulators accelerate efforts to weed out risks in the financial system

Aug
18
Hang Seng adds private firms to raise H-share index’s appeal as benchmark for China investors

The Hang Seng China Enterprises Index, the benchmark that’s been tracking the performance of Chinese companies on the Hong Kong bourse since 1994, will get a major makeover, adding 10 additional private enterprises to double its coverage to half of the cap

Aug
17
Citic Group extends US$1.02 billion financial lifeline to world’s largest aluminium smelter

Hongqiao agrees to sell 806.6 million new shares and US$320m of convertible bonds to Citic and the conglomerate’s unit CNCB (Hong Kong) Investment

Aug
17
China’s central banker hasn’t left quite the legacy some might credit him for

After 15 years at the helm of China’s central bank, has Zhou Xiaochuan left a fine record, or was it just plain bad steering?

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