Case Study: Chase’s Strategy for Syndicating the Hong Kong Disneyland Loan (A) Q1. How should Chase have bid in the first round competition to lead the HK$3.3 billion Disneyland financing? 1.Three ways to approach this deal 1) bid to win‚ 2) bid to lose and3) no bid. Chase chose to bid to lose on the first round‚ but just enough to make it to the short list. Also‚ since Chase is one of Disney’s relationship banks‚ Chase would not want to ruin this relationship by not bidding
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Case Study Chase’s Strategy for Syndicating the Hong Kong Disneyland Loan Analysts: Bian Min‚ Luo Min‚ Wang Hongyu‚ Zhu Haidong Syndicated loan‚ with two or more bank lenders and a single set of legal documents‚ have gained tremendous popularity among corporations to finance their projects. This report aimed at evaluating the process by which Chase Manhattan Bank (“Chase”) syndicated the HK$3.3 billion Hong Kong Disneyland financing. To begin with‚ a detailed analysis of the first-round
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In 1983‚ Hong Kong implemented Fixed-linkage System to US currency because of the reason that Hong Kong currency was very unstable. This Fixed-linkage System is a fixed exchange rate system that fixes the exchange rate of Hong Kong Dollar and United State Dollar to a ratio of 7.8: 1 Hong Kong Monetary Authority does not need to stable exchange market by controlling the supply and demand of HKD. It can be stabilized by Fixed-linkage System. In the past 15 years‚ Hong Kong interest rates and exchange
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A sport and a religion are similar in ways that both are contoured beliefs signified by culture. A sport reflects back to a period of time where a certain activity was popular. Religion is similar because a system of beliefs can start its influence from a specific time period. This goes on to the fact that location can also make a difference in the type of religion or sport. For example‚ Christianity might be more followed in America than it is in Japan. Soccer might be more popular in European countries
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To what extent was culture in Hong Kong in the second half of the 20th century shaped by foreign cultures? Hong Kong was a city with diversified culture. Populated with an overwhelming majority of Chinese‚ Hong Kong had definitely been deeply influenced by traditional Chinese culture and customs. Meanwhile‚ it had also been governed by Britain for more than a century‚ and had developed close links with the West. Yet‚ culture in Hong Kong in the second half of the 20th century still mainly followed
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China and Rome are very similar‚ but different at the same time. They both have elements relating to technology‚ warfare‚ and government. In the ancient times‚ many civilizations rose and fell‚ never being successful for the extent of time needed to be called the most successful. Rome‚ however‚ is a civilization that has come very close‚ to this goal. Likewise‚ Greece has also been a very thriving group of people. Obviously‚ Rome and Greece have been rivals forever.As they are examined all the
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The positive and negative influence media advertising has on teenagers in Hong Kong Nowadays‚ media advertising has become very popular in the world. Teenagers can see in news‚ in magazines‚ on posters‚ on television and even on the Internet. However‚ some false may disseminate from these media. In this essay‚ I shall look at both the advantages and disadvantages of media advertising on teenagers. On advantage of media advertising on teenagers is that they can notice some information about
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for Hong Kong to remain successful by staying at the top globally in its economic freedom? Introduction Hong Kong has ranked as the world’s freest economy in The Wall Street Journal and Heritage Foundation’s Index of Economic Freedom for 17 consecutive years‚ since the inception of the index in 1995.1Being economic free helps the successful of Hong Kong. Hong Kong is the richest region in the world. However‚ In World Competitiveness Yearbook 2013 published by IMD‚ the ranking of Hong Kong competitiveness
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market in Hong Kong in which the largest teleport in Asia (Boulton‚ 2001). Some newspaper report had shown that Hong Kong people who own the most mobile phones in the world. According to the Telecommunications Authority announced the latest telecommunications penetration figures‚ it showed that as of October last year‚ there were 9.32 million mobile phone users in Hong Kong out of 700 million people. It means that every 100 Hong Kong people will have 133 mobile phones. It seems that Hong Kong people
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the Hong Kong government was a consultative government. The definition of a consultative government is that it consults people’s opinions and listens to them. The features of a consultative Government are that it establishes communication between local associations‚ asks and listen to opinion of people‚ asks for opinion and support in decisions making‚ sets up advisory bodies to collect opinions and set up departments to consult people’s opinions. To a large extent‚ I agree that the Hong Kong government
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