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Headline News

Fishing in troubled waters

The Ng family, which traces its roots to Melaka but is now based in Hong Kong, is at odds with an array of international bankers seeking to recover some US$1.7bil (RM6.58bil) through exposure to China Fishery. At least one banker has lost his job. Others were reprimanded because of lapses in the due diligence process. (19-0)

Ngs have a track record of bouncing back

THE Ng family, the major shareholders of Hong Kong-listed Pacific Andes International Ltd (PAIH), is a big name in the global corporate world, having made their fortune in fishing. (17-0)

China Markets Live - Hong Kong stocks finish below 20,000 for first time since 2013; Shanghai and Shenzhen plunge amid China growth fears

2016-01-16 scmp
Hong Kong, Shanghai and Shenzhen stocks all extend the sell-off from last week after weak inflation data reignite China growth fears; other major Asian markets dragged lower