Hong Kong Telecommunications

07 Mar

Unrequited love affair with the 'Big Elephant' is over

Posted by cahn in Asia, Bank, bank find, Beijing, China, CITIBANK, Europe, faithful retail investors, HKD, Hong Kong, Hong Kong Telecommunications, Hong Kong Telecommunications Limited, HSBC Holdings, HSBC Holdings PLC, Li Tzar-kai, London, Michael Geoghegan, Richard Li Tzar-kai, shirley.yam@scmp.com, Standard Chartered, Standard Chartered PLC, United States, USD, Vincent Cheng Hoi-chuen

I put my first HK$50,000 into HSBC Holdings shares and thousands more afterwards.

I have given my three-year-old one lot of HSBC shares, plus a teddy bear, on each of her birthdays. Like many of my peers, and many of you, I was a die-hard HSBC supporter.

I had my first outing at the "Lion Bank". A photo of me as a girl and Stein the Lion still sits in my drawer.

07 Feb

Coming to a bourse near you: HKT the sequel

Posted by cahn in Beijing, China Unicom, China Unicom Ltd, Hong Kong, Hong Kong Telecommunications, Hong Kong Telecommunications Limited, Li Tzar-kai, Li's army, non-telecommunications, PCCW, PCCW Limited, Richard Li, Richard Li Tzar-kai, shirley.yam@scmp.com, telecommunications, telecommunications service, telephone, telephone empire, USD

So, what's going to happen with PCCW (SEHK: 0008)? What if I tell you Richard Li Tzar-kai will split it into two entities - a telecommunications company and a non-telecommunications one - and list the former in the future? You will say I must be joking. Isn't the privatisation in doubt now with regulators investigating allegations of share-rigging?