World of numbers

 


40%

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.


Add to Bookmark
Text size
Related Articles
Career
January 2024
The President of the Institute on tackling the talent shortage issue, and the significance of the Institute’s role as a statutory sustainability standard setter
January 2024
Digital transformation
January 2024
Key insights from the Institute’s study on the current state of technology adoption by small- and medium-sized practices in Hong Kong
BCG & ESG Awards
January 2024
Key highlights based on the awardees of the Institute’s business awards which celebrate achievements in corporate governance and ESG
January 2024

Advertisement

We use cookies to give you the best experience of our website. By continuing to browse the site, you agree to the use of cookies for analytics and personalized content. To learn more, visit our privacy policy page. View more
Accept All Cookies