Ordinary Gweilo
It's not big and it's not clever, it's just a Brit in Hong Kong writing (mainly) about Hong Kong
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Month: May 2010
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Prudential’s madcap scheme to buy AIA is still not going well. Earlier in the week, the CEO of AIA was reported as telling friends that the deal was “unworkable”, and now they are trying to reduce the price. And the SCMP finally seems sufficiently interested in the story to have assigned one of its own…
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Prudential still seem to be struggling with the takeover of AIA. They had a run-in with the Financial Services Authority in the UK, but that has been resolved, and now they have published the prospectus. They claim that they can deliver $800m of revenue improvements by (amongst other things) making AIA’s agents more productive. They…
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In amongst the usual dross there are sometimes a few words of wisdom in the SCMP letter column: Parents sending wrong message on trains Hong Kong parents have a very annoying habit when travelling on the train with their children. They let their two- to three- year-olds occupy a seat in a crowded train when…
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Sky News have been making the most of the lengthy post-election negotiations, and they even have (or had) a helicopter flying around London to try to make it all more exciting. On Monday when Gordon Brown was making his first resignation speech of the week you could clearly hear it overhead. It was a curious…
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The Sun really is a ridiculous newspaper. Their front page today has this nonsense about a ‘Brown Monday’: DEFEATED Gordon Brown yesterday sparked fears of a City meltdown after trying to hijack a Tory-Lib Dem deal for a unity government. His bid to rise from the dead by persuading the Lib Dems to prop him…
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I noticed this nonsense in the SCMP today, and assumed that someone might have spotted the errors and corrected them in the online edition. No they haven’t… Truck drivers in go-slow rally against fee About 70 drivers staged a go-slow protest in Yuen Long yesterday to urge Guangdong authorities to cancel the lump sum fee…
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