Hong Kong's Wharf campaigns to restore its credibility, shaken by unclear prospects
Article Abstract:
Hong Kong-based real estate company Wharf Holdings Ltd. and parent Wheelock and Co. have been criticized for failing to realize many of their plans to diversify into areas such as cable television, telecommunications, infrastructure and investment banking. Critics said that the companies' failure to live up to their promises put them in danger of losing their credibility. However, officials of the two companies contend that they have not made any grandiose plans that they cannot fulfill.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Emperor's clients complain about losses during critical review period in colony
Article Abstract:
Emperor International Holdings Ltd. (Emperor) is presently trying to fend off accusations from clients in China who claim to have collectively lost $154.3 million due to foreign exchange deals. The accusations come at an importune time for the company, as Hong Kong authorities are evaluating whether to renew its license for foreign-exchange trading. Emperor officials are stressing that the Chinese company is only an affiliate which is separate and distinct from the Hong Kong firm.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Highway woes in China shade Hopewell's image
Article Abstract:
Construction delays, cost overruns and lower-than-expected revenues at the 76-mile Hong Kong-Guangzhou highway has undermined the reputation of its builder, business tycoon Gordon Wu and his Hopewell Holdings Ltd. The highway's many problems have caused concern among investors and this has been reflected in a 30% decline in the company's share price over the last five months.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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