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...above its initial offering price of 39? in Hong Kong. That pushed the bank's market cap so high that for a while it was valued as the second largest financial institution in the world behind giant Citigroup. The appetite for China stocks has encouraged other big corporations to tap the market. Analysts say they're expecting China Mobile, the world's largest mobile-phone company, to issue additional shares this year. Ping An Insurance, China's second largest life insurer, and oil-and-gas conglomerate PetroChina are also expected to issue more shares. There...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

Think of Hong Kong's traders as the world's matchmakers. "We're the search engines to find the best place in the world" to buy a product, says Bruce Rockowitz, president of Li & Fung's sourcing business. With 72 sourcing offices in 41 countries, Li & Fung can tap into more than 8,000 factories making anything from carpets to dog brushes. In 2006 alone, the company was involved in the production and shipment of some 2.4 billion shirts, toys and other consumer goods--an amount that has quintupled since 1999. "We're creating a world that is flat," says...

Author: /time Magazine | Title: Hong Kong Soars | 1/19/2007 | See Source »

...Hong Kong's Kowloon district and its staff will track down the best fabrics, buttons and other components at the best prices and hire the right manufacturers to sew the clothes together. With 72 sourcing offices in 41 countries, the company delivers more than cheap sweaters. Li & Fung can tap into over 8,000 factories making anything from carpets to dog brushes. In 2006 alone, the company was involved in the production and shipment of some 2.4 billion shirts, toys and other consumer goods?an amount that has quintupled since 1999. "We're creating a world that is flat," says...

Author: /time Magazine | Title: At the Center of the World | 1/18/2007 | See Source »

...reach the outside world if the “man” has got you on lockdown. 1) Flicker the lights in Morse Code with the hope that a steamy Navy Seal is standing near the window and can use his bulging muscles to rescue you from captivity. 2) Tap frantically on any and all pipes in the room in the attempt to get the attention of any neighbors using their restrooms/sinks/kitchen appliances. 3) Scale the wall like a ninja and position yourself above the doorframe so when the unsuspecting proctor walks in to check on you, you can pounce...

Author: By Nicola C. Perlman, CRIMSON STAFF WRITER | Title: 15 WAYS TO CONTACT THE OUTSIDE WORLD IF HELD INCOMMUNICADO | 1/18/2007 | See Source »

...Tap on exam room windows and provide cheers of encouragement. Bring the marching band for extra support...

Author: By Nicole G. White, CRIMSON STAFF WRITER | Title: How To Lose Your Friends in 10 Days | 1/18/2007 | See Source »

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