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BUSINESS
January 8, 1996 | Times Staff and Wire Reports
Airport Authority Ready to Complete Credit Facility: Airport Authority Hong Kong made the announcement about syndication of its $1.1-billion term and revolving credit facility. The authority is a government agency responsible for building an airport at Chek Lap Kok to open in 1998 and related infrastructure projects. Forty-eight international and local banks expressed interest, and the financing was oversubscribed.
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NEWS
February 16, 2001 | TYLER MARSHALL, TIMES STAFF WRITER
Financial Secretary Donald Tsang was handed the No. 2 job in Hong Kong's government Thursday in the first major leadership reshuffle since the territory was handed back to China 3 1/2 years ago. Tsang's appointment to the post of chief secretary follows last month's sudden announcement that Anson Chan--an outspoken defender of democratic values--planned to retire well before her term was to expire. Antony Leung, 49, the head of J.P. Morgan Chase & Co.'
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BUSINESS
September 14, 1999 | From Bloomberg News
The Hong Kong government may lend Walt Disney Co. as much as $1 billion and take a majority stake in a new theme park the Burbank-based media and entertainment giant may build in the city, a source said. Hong Kong Chief Executive Tung Chee-hwa hopes to announce the deal in his annual policy address Oct. 6, but it could face opposition from lawmakers because it would be the first such government investment in a private enterprise.
BUSINESS
September 14, 1999 | From Bloomberg News
The Hong Kong government may lend Walt Disney Co. as much as $1 billion and take a majority stake in a new theme park the Burbank-based media and entertainment giant may build in the city, a source said. Hong Kong Chief Executive Tung Chee-hwa hopes to announce the deal in his annual policy address Oct. 6, but it could face opposition from lawmakers because it would be the first such government investment in a private enterprise.
NEWS
February 16, 2001 | TYLER MARSHALL, TIMES STAFF WRITER
Financial Secretary Donald Tsang was handed the No. 2 job in Hong Kong's government Thursday in the first major leadership reshuffle since the territory was handed back to China 3 1/2 years ago. Tsang's appointment to the post of chief secretary follows last month's sudden announcement that Anson Chan--an outspoken defender of democratic values--planned to retire well before her term was to expire. Antony Leung, 49, the head of J.P. Morgan Chase & Co.'
CALIFORNIA | LOCAL
June 28, 2000 | TOM PLATE, Times contributing editor Tom Plate's column runs Wednesdays. E-mail: tplate@ucla.edu
It was just about three years ago that I met two unforgettably frightened women in the British crown colony of Hong Kong. Control of their homeland would soon be handed over to China, and these two wealthy widows were so terrified that they plunked down a small fortune to purchase "escape" homes in nearby Singapore. Their fear was widely shared in Hong Kong, and indeed in the United States. No one knew for sure what would happen July 1, 1997.
BUSINESS
January 8, 1996 | Times Staff and Wire Reports
Airport Authority Ready to Complete Credit Facility: Airport Authority Hong Kong made the announcement about syndication of its $1.1-billion term and revolving credit facility. The authority is a government agency responsible for building an airport at Chek Lap Kok to open in 1998 and related infrastructure projects. Forty-eight international and local banks expressed interest, and the financing was oversubscribed.
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