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Articles by Alison Leung
AMLO Bill passed - Key things to know about the new virtual asset regime and other AML/CTF developments
The Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 (“Bill”) has been passed by the Legislative Council on 7 December 2022. The passage of the Bill brings into law changes to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) (“AMLO”) to give effect to Hong Kong’s new virtual asset licensing regime (“VASP Licensing Regime”).
TXA: The future for stop the bleed?
What the CRASH-2 and CRASH-3 studies tell us about TXA bleeding control methods for rural EMS By Alison Leung, MD (@alisonkyleung) EMS MEd Editor: Alicia Buck, MD Articles: The CRASH-2 Collaborators, Shakur H, et al. (2010). Effects of tranexamic acid on death, vascular occlusive events, and blood transfusion in trauma patients with significant hemorrhage (CRASH-2): a randomized, placebo-controlled trial. Lancet, Vol 376 (Issue 9734), 23-32.
BYD sees
GUANGZHOU, China (Reuters) - Chinese car maker BYD Co Ltd, backed by U.S. billionaire Warren Buffett, is banking on renewable energy cars to reap a “sizable profit” in about five years and is focusing on green buses next year. “We have two e-buses running in Shenzhen now and are in talks to sell to Hong Kong and exports overseas, including Europe and the United States,” spokesman Paul Lin told Reuters in an interview on the sidelines of an autoshow in China’s southern city of Guangzhou on Monday.
UPDATE 2-China's Shandong Heavy takes control of Italian yachtmaker
* Shandong Heavy to take 75 pct stake in Ferretti * RBS, Strategic Value to take 12.5 pct stake each * Shandong plans to seek HK listing for Ferretti in 3-5 years JINAN, China, Jan 10 (Reuters) - Chinese machinery maker Shandong Heavy Industry Group on Tuesday sealed a deal to take a 75 percent stake in debt-laden Italian yachtmaker Ferretti Group, the latest in a series of Chinese acquisitions of European brands.
DealTalk: HK's first yuan REIT may open door for others
HONG KONG Billionaire Li Ka-shing is pushing ahead with a $1.5 billion yuan-denominated IPO, the first such in Hong Kong, with the issue's bond-like REIT format allowing it to get around the limited liquidity pool, sources said.Boosting the chances of the deal's success was Beijing's announcement on Thursday that it will now allow companies to make overseas investments in yuan, which some see as a sign that the country's mandarins may be ready to liberalize its tightly controlled currency...
BYD sees "sizeable" new energy car profit from 2015
By Alison Leung and Fang Yan | GUANGZHOU, China GUANGZHOU, China Chinese car maker BYD Co Ltd, backed by U.S. billionaire Warren Buffett, is banking on renewable energy cars to reap a "sizable profit" in about five years and is focusing on green buses next year."We have two e-buses running in Shenzhen now and are in talks to sell to Hong Kong and exports overseas, including Europe and the United States," spokesman Paul Lin told Reuters in an interview on the sidelines of an autoshow in...
China auto stocks slide as Beijing tackles congestion
By Alison Leung and Michael Martina | HONG KONG/BEIJING HONG KONG/BEIJING Chinese auto stocks slumped on Friday, with Dongfeng Motor Group Co Ltd logging its biggest fall in nearly two years after Beijing announced measures to limit new car registrations to tackle congestion in the country's capital.Beijing's local government on Thursday unveiled a slew of measures, including limiting the quota for new small passenger vehicle to 20,000 per month in 2011 to ease the city's chronic traffic jams...
New-energy vehicles take spotlight at Shanghai show
SHANGHAI Japan's Honda Motor Co plans to start producing electric cars in China as early as next year, the boldest step so far by a global automaker to tap as yet unproven demand for green cars in the world's largest auto market.Honda, Japanese rival Toyota Motor Co, Ford Motor Co and their local partners are all looking to electric and low emission vehicles as a way to tackle stricter emissions standards being introduced around the world.While car makers are bullish about the future of the...
China aviation industry chief backs legal action on EU CO2 plan
By Alison Leung | SINGAPORE SINGAPORE China's top aviation industry body ramped up pressure on the European Union on Monday, saying it would give full support to legal action against the forced entry of airlines into the EU's carbon trading scheme.From Jan 1 next year, the EU will require all airlines flying to Europe to be included in the Emissions Trading Scheme (ETS), a system that compels polluters to buy permits for each tonne of carbon dioxide they emit above a certain cap.But China has...
UPDATE 3-China airlines won't pay EU carbon tax-association
* Will consider legal action vs EU, but no rush on this * ETS could cost Chinese carriers $123 mln in first year * Cathay may raise prices, SIA to be more fuel-efficient HONG KONG/SINGAPORE, Jan 4 China's airlines will refuse to pay any carbon costs under the European Union's Emissions Trading Scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.
UPDATE 2-HK's Hutchison H2 net jumps, Cheung Kong down
* Hutchison H2 net quadrupled, full-year down 42 pct * sees 3G breakeven, Husky profit falling sharply in 2009 * cautious on '09, but will still buy ports in good locations * Cheung Kong H2 falls as investment/finance income weak (Wraps Hutchison, Cheung Kong results, adds details) By Alison Leung and Donny Kwok HONG KONG, March 26 (Reuters) - Billionaire Li Ka-shing's twin flagships, Cheung Kong (Holdings) and Hutchison Whampoa, posted mixed half-year earnings and said they face "the most...
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