whereas fee based services of NBFCs include bill discounting‚ portfolio management and other advisory services. LEASE FINANCING Leasing as financial service is a contractual agreement where the owner (lessor) of equipment transfers the right to use the equipment to the user (lessee) for an‚ agreed period of time in return for a rental. At the end of the lease period the asset reverts back to the lessor unless there is a provision for the renewal of the contract or there is a provision
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The special historic and social-economic background of Hong Kong forms its own identity‚ which is different from other regions like mainland China‚ and makes it a specific imagined community‚ which is accord with Benedict Anderson’s theory of imagined community. Whereas‚ it is under discussion whether since the reunification in 1997‚ Hong Kong has been gradually transformed into a part of China in terms of culture and identity and‚ thus‚ will no longer be a separated imagined community in the future
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Analysis of the Hong Kong Economy after the Financial Crisis Cao Hongliu School of Management‚ Guangdong University of Technology‚ Guangdong‚ P.R.China‚ 510520 (E-mail: hongliucao@126.com) Abstract This paper analyzes the current economic development and the status of leading industries in Hong Kong. It shows that Hong Kong economy‚ which is mainly comprised of the service industry in particular‚ facing with both opportunities and challenges after the financial crisis. Hong Kong economy has a wide
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(11055717D) Cheng Ming Xian (11704592D) Introduction Although Hong Kong has less land‚ there are always construction projects happening everywhere in Hong Kong‚ for example‚ West Kowloon Cultural District development‚ Kwun Tong redevelopment project‚ etc. However‚ workers and capital involved in the construction industry have been decreasing. In this report‚ we will discuss whether the construction industry is the ‘pillar’ industry in Hong Kong and we disagree with it. Focused industries As proposed
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Running head: LEASE VERSUS PURCHASE Lease versus Purchase Lease versus Purchase As business owners‚ or even working in accounting for a business‚ it is imperative to know the facts about making an informed business decision when it comes to purchasing or leasing equipment. Every company wants to maximize revenue and profit‚ and a decision such as whether to lease or purchase equipment could potentially make a significant difference. Pros to leasing Financially the needs of the company will
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Lease versus Purchase Paper Yolando L. Carson‚ Galen Powell‚ Megen Smith‚ & Tracy Coutee FIN/370 November 18‚ 2014 Louis Wallen Lease versus Purchase Paper The choice to lease versus purchase is a crucial financial consideration for businesses of all sizes. When comparing the factors involved in deciding whether to purchase or lease equipment for a firm‚ one must first have a clear understanding of the value in making a purchase verses a lease. In order to make the ideal decision‚ it is
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July 18‚ 2011 3 Subject: Leases and Lease Structure Issues 4 To: Regional Trucking Company 5 From: Bob Stanton This memo will cover the current practice and thought related to direct financing‚ sales type‚ and operating leases. I understad that Regional Trucking Company have limited time to cover all aspects of these areas. Disclosure Requirements for Capital Leases SFAS No. 13 also requires the disclosure of additional information for capital leases. The following information must
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instruments; precious metals and exchange-traded futures; equity services and distribution of capital market instruments; capital raising; advisory services; bilateral and syndicate lending; leveraged and acquisition finance; structured and project finance; lease finance; non-retail deposit taking;
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Strategic Management Process: Ocean Park Hong Kong Table of Contents Introduction. 2 Ocean Park Hong Kong. 3 External Environments of Ocean Park. 4 PEST Analysis. 4 Political Analysis. 5 Economic Analysis. 5 Social Analysis. 6 Technological Analysis. 6 Industry Analysis. 7 Five Forces Analysis. 7 Threat of New Entry. 8 Threat of Rivalry. 8 Threat of Substitution. 9 Threat of Suppliers. 9 Buyer Power 10 Competitor Analysis. 10 Disneyland. 10 Wetland Park. 11 Internal Environments of Ocean Park. 12
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biogases. In Hong Kong‚ the energy consumption is highly relied on non-renewable resources such as coal‚ natural gas‚ oil etc. However‚ if we only depend on those resources continuously‚ it may have a high risk of deficiency. Because of the limitation of the Non-Renewable Resources‚ Renewable Energy Sources have been used in large-scale power generation in some overseas countries‚ it is very important if this would be applicable in Hong Kong. Renewable Resources using in Hong Kong To solve
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