World of numbers



The percentage of middle-class earners who say they would need at least HK$5 million to cover retirement expenses, according a survey by China Construction Bank (Asia). The bank surveyed 2,500 Hongkongers on their wealth management habits, and found that 22 percent were saving to buy their children property, and 12 percent were saving for their children’s weddings.

US$4.5 million

The amount to bail out former Nissan Motor chairman Carlos Ghosn, who was arrested last year on financial misconduct charges. Ghosn was previously released on bail in March after 108 days in custody but re-arrested earlier this month over similar charges. He denies all charges and will be put on trial later this year.

US$1.25 billion

The amount China’s oldest brokerage company Shenwan Hongyuan is seeking to raise from its Hong Kong IPO listing this year. The company plans to set 2.5 billion shares priced between HK$3.63 and HK$3.93 apiece, and is set to become the 12th Chinese brokerage firm with dual listings in Hong Kong and Mainland markets.

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