Tiger Asia

Written By: on ADMINISTRATION, RESTRUCTURING & ADMINISTRATION, Uncategorized

On 20 December 2013 the High Court of the Hong Kong Special Administrative Region, on the application of the Securities and Futures Commission, appointed Messrs John Robert Lees and Kok Wing Chong as Joint and Several Administrators of Tiger Asia Management LLC (“Tiger Asia”). The Administrators are empowered to distribute the sum to investors affected by the dealing in the securities of Bank of China Limited (Stock Code 3988) and China Construction Bank Corporation (Stock Code 939) conducted by Tiger Asia.

Will the Beijing-Guangzhou High-speed Railway face insolvency in the future?

Written By: on INSOLVENCY MANAGEMENT, Uncategorized

The Beijing-Guangzhou high-speed railway opened on 26 December 2012. With the two cities now linked up, travellers from one city can reach the other city in approximately 7 hours.

The cost of a train ticket from Beijing West to Guangzhou South ranges from RMB 712 to RMB 2727. Most people think the cost is almost as high as the cost of an air ticket.