Wednesday Black Wall Street: Li Ka-shing, lost nearly $ 600 000 000

Wednesday, the Wall Street stock market crash, the global billionaires' wealth, along with sharp decline. Forbes real-time tracking of 50 billionaires, only two losses, many of the rich who have lost hundreds of millions of dollars of wealth.

Almost everyone fail and go, among some of the most renowned of the rich and the loss of top of the table. The head of the Las Vegas Sands casino tycoon Sheldon Adelson Sheldon Adelson-day wealth dropped $ 625 million. Asia's richest man Li Ka-shing, lost $ 569 million. Indian steel magnate Lakshmi Mittal (Lakshmi Mittal) watched its book loss of $ 522 million.

The wealth of Facebook's two billionaire Mark Zuckerberg, Mark Zuckerberg and Dustin Moskowitz, Dustin Moskovitz, both to continue the downward trend. Facebook stock closed at a new low of $ 28.19, so it lost a total of $ 395 million for entrepreneurs - this is the following Tuesday loss of billions of wealth of the two has been hit hard again.

The billionaire real-time tracking of only two no loss, but not many profitable. Richard Kinder, Richard of Kinder, energy Jin Demo root (Kinder Morgan), shares a slight concussion, closed its net asset value of only $ 40 million. This figure for the average person may have, but the Kinder hands of the assets of more than 80 billion U.S. dollars. Compared to the other rich, which has been considered a good day, but nothing worth celebrating.

Brooklyn Nets owner, Russian big general Huoluo Fu (of Mikhail Prokhorov). May 30, earned $ 13 million is only equivalent to one-thousandth of the total net asset value.

The mysterious person exposed Morgan Stanley fell through Facebook profit billions of dollars

Facebook listed a break, perhaps a lot of overseas fund managers this year's worst nightmare. If you read this message, it is estimated they will also depressed a while: a mysterious rebellion, Facebook's lead underwriters Morgan Stanley (hereinafter referred to as Morgan Stanley), is using Facebook shares continue to fall to make money.
Rebellion called StephenGandel and screamed on his resume, "graduated from the University of Washington, has in MoneyMagazine," Time Magazine "(TimeMagazine) and other served as writer, is currently the senior editor of" Fortune "magazine (FortuneMagazine) specializes in the investigation of Wall Street insider. "
The insider who told one of our rules of the game lies in the tip of the pyramid of Wall Street. This time, the story of the protagonist is a veteran bank Morgan Stanley.
Strange green shoe
According to Gandel Facebook share price fell to the ordinary investor losses, but this does not prevent Morgan Stanley, through its money. Facebook is listed after the break and stock prices sharply lower, Morgan Stanley in the secondary market at a lower price to buy. Buy stocks lower the price the more profit.
How to make money in the understanding of Morgan Stanley, we must first know the "green shoe" mechanism.
Green shoes are in the underwriting agreement entered into with the lead underwriter, the issuer to give the lead underwriters an option, entitling them to 30 days after the stock issuance, the issue of additional purchase from the issuer at an issue price of no more than the original issue 15% of the number of shares.
In order to ensure that to their advantage, the lead underwriter generally taken two ways: when the stock is highly sought after, the lead underwriter to the issue price, the exercise of green shoe option, over 15% of the stock acquired from the issuer to hedge its excess sale short positions in, and charge the cost of over-sale, the actual number of issued more than 15% of the original issue size; when prices decline, the lead underwriter does not exercise this right, but from the over-issued shares repurchased on the secondary market to support the price and hedge the short position, the actual number of issued with the original number is equal.
According to Gandel's, Morgan Stanley on Facebook over-allotment of 6300 shares. When Facebook listed after the break, Morgan Stanley may not exercise the green shoe option, but getting lower and lower prices to buy in the secondary market. As a result, Morgan Stanley will earn the difference between the issue price and the market price.
The Gandel particularly for example, said last Tuesday, Facebook has dropped to $ 31, Morgan Stanley and other underwriters to buy at this price than the issue price, will earn $ 450 million. According to a person familiar with the trading profits, Morgan Stanley for $ 100,000,000.
"Daily Economic News" reporter noted that as of Wednesday, Facebook to close at $ 28.19, than the issue price has fallen nearly 26 percent.
Unfair game?
Had spent seven years in the United States Securities and Exchange Commission (SEC) is responsible for the IPO supervision WalterVanDorn said that the over-allotment is well known, the SEC does not believe that the green shoe mechanism, there will be conflicts of interest of the underwriters and shareholders.
But in the IPO, some analysts have pointed out that Morgan Stanley may make profitable at the same time, the other shareholder losses. It is reported that KnightCapital file with the SEC disclosed that its trading losses between 30 million to $ 35 million, will take legal action in the future.
IPO experts said the Morgan Stanley deal does not seem to violate any provision of this practice as early as Facebook's prospectus disclosure. But for investors to buy high-priced, is still difficult to accept.
Anger some investors, in particular, on the eve of the IPO, Morgan Stanley and several other underwriters also traced in advance to certain institutional investors, such as large investment company clients to make the warning reveal worrying analysis of future income prospects on Facebook report, the investment company to withdraw in a timely manner to avoid the loss after making these in advance to get the message.
In this regard, the "Fortune" magazine senior editor AllanSloan in a discussion Who is Facebook listing of chaos in the winner's article pointed out that the news and the relationship between the player's exit, coupled with the increase in the number of shares in issue, making personal investors can buy more stock. They buy the full retail price of $ 38, after but could only watch the share price fell sharply. But now, there are opportunities to players who have previously canceled orders less than $ 30 to buy Facebook stock.

Countdown to Apple iPad into China ready to re-issued new

Cook D10 General Assembly, is Siri improve the next few months we will let you feel surprise.

Apple has been really understand how to "hanging" the appetite of consumers.
Local time on the evening of May 29, Apple CEO Tim Cook (tenth in the D10 Conference was held to attend the Wall Street Journal Digital General Assembly, the D: All Things Digital) revealed that Apple holds for the TV strong interest, but denied will be introduced to the outside world has long been rumored Apple TV, the iTV. However, Cook also said that Apple is preparing to release some "incredible" new.
Cook in California This statement of position to ignite the speculation of the outside world, including the Apple TV, Apple has launched two generations of the Apple TV, but such a set-top boxes and fruit powder can not meet the expectations of Apple. For the speculation, Cook has always declined to comment at the conference, stressed to redouble our efforts in product confidentiality.
Hand Facebook,?
This year Cook as Apple's chief executive for the first time to participate in the Wall Street Journal, the annual figures of the General Assembly, and is opening guests participate. In addition to Cook, attended the D10, including Larry Ellison, Oracle founder and CEO of LinkedIn, Reid Hoffman, chairman, as well as Zynga founder and CEO Mark Pincus, etc., this session is a three- days.
Cook came to power, says there will be new products introduced, but gave no further details. Later, when asked about Apple's smart TV Apple TV, Cook said the interest in this area remains, although the set-top box market is far from the iPhone or the Mac market size, "We will move in this direction, to see what output . "
Industry has been expected that Apple will launch in the second half of this year or next year, a true sense of the Apple TV, or known as the iTV. Had once heard that Apple has to foundries Hon Hai under the order message, but was denied. Industry insiders estimate that this new product may be the same as the original iPhone epoch-making significance.
But no matter how the General Assembly moderator Mossberg and Kara Swisher asked, Cook tight-lipped about.
In addition to the still in the speculation of the iTV, Cook also talked about the voice assistant functions on the iPhone 4S Siri is described as one of the most popular features on the iPhone 4S. But the reality is that due to unstable performance, this feature has received some criticism.
Cook revealed that Apple has a lot of people are being developed on the Siri, then there will be people very satisfied with the product.
Cook said, "Siri is to do more than that and I believe that what happened in the next few months, we will let you feel surprise."
Cook referred to the Siri improvements is expected to be reflected in the second half of this year, a new generation of the iPhone. Since before the release of the iPhone 4 serious leaks, Apple has stepped up security work for the iPhone, but a few days ago is still a technology Web site posted the photo of the so-called next-generation iPhone casing, a larger screen and thinner body. Not only is the iPhone, launch the third generation iPad, the industry began to spread the Mini the iPad (a smaller version of) the rumors. (Editor's note: Chinese telecom equipment certification center website for the latest information, with Apple a third-generation high-speed wireless data transmission capability of the equipment has been required for network license sales in China this model A1430 device support WCDMA network. new iPad delay introduced in the Chinese market. dealers tend to network license in new equipment, began selling after a few weeks.)
For rumors, Cook responded yes, there is no strict standard of the product design, if it is found to introduce more versions is naturally good.
Users can also associate a new generation of the iPhone is whether Apple will be Facebook integration iOS system. Cook said that more cooperation with social networking to provide users with more experience, "please stay tuned."
Apple has reached with the social networking service provider Twitter a cooperation agreement.
Cook denied that Apple will create your own social network, "We are to be social, but not for social networking." Apple has launched a music-based social applications ping, but Cook admitted Ping not one to let Apple put into energy to do the product. Clearly, Apple is already aware of this failure.
iPhone naming convention
On the mobile phone market, competition will inevitably have to mention intelligent system with Google Android.
Cook believes that the current smartphone market is iOS and Android dominate Windows Phone system just to enter the market. "But the revolution of intelligent machines before entering the initial stage, anything could change." Said Cook, Apple's mission is to produce better products.
In fact, Apple iOS and Android, the gap seems to continue to shrink, and even previously the Apple iOS5 introduced notice has also been accused of "plagiarism" Android. Android system manufacturers such as Samsung and HTC has abandoned the sea tactical unit of the early years, focusing instead on the number of models to imitate Apple upgraded once a year, and constantly improve the user experience in software, rather than improve the hardware configuration. Samsung and HTC are taking advantage of the window period of the Apple phone to launch their annual flagship product, trying to grab market share.
Apple has always been like a surprise, Cook explained on the iPhone naming rules, breaking the previous all kinds of speculation. Cook said the iPhone 3G upgrade to the 3GS, "S" refers to the speed (Speed), the iPhone 4S "S" refers to the "Siri is.
However, when asked about the iPhone 5, Cook direct "ignore this problem. Speculation that the iPhone may mimic the new iPad, known as "The new iPhone, Apple has said that the name of the new iPad do not want to launch an outside world can guess the name of the product.
Patent tug of war between closely related to the smart phone mobile phone manufacturers, Cook expressed a headache. Cook said that for some companies to take legal action because they imitate the creative achievements Apple sued Apple, but different, but with other companies. Cook explained that the company sued Apple because it involves an industry standard key patent.
The so-called "standard of key patents," the owner of patents on fair, reasonable and non-discriminatory basis. Cook said, people can not stand some of these practices of the patent holder.
Five minutes to decide to follow Jobs
Cook in the General Assembly yesterday for the first time open to talk about his relationship with Steve Jobs, including had into how Apple Houqiaobusi era Apple and Steve Jobs differences.
During the time of his death, is the saddest time of my life. "Cook said, and later was reminded that he is to move forward," determined to replace the sadness. "Cook said Steve Jobs to teach them not to stay In the past, but to focus on the future.
Cook also revealed that the home of the original Jobs told Cook will take over as CEO, he warned Cook, do not ask what you can do, but to do the right thing.
Jobs can not be replaced, he will not try to Steve Jobs, it was not their goal in life, Cook said. Compared to Steve Jobs, Cook said, the less time spent in design and marketing.
In addition, Cook also mentioned the 1998, how Steve Jobs lured away, when Cook arrived in Compaq is not long, Steve Jobs just hired an executive search firm to find the management operations personnel, headhunters are constantly playing calls to Cook, prompted the Cook Friday night red-eye flight to fly to Apple with Steve Jobs to meet on Saturday, only took 5 minutes, Cook decided to join Apple, "I can see him not for the money to do the product, I see his talent, it immediately back to the Compaq resign. "
"Chinese workers willing to work overtime."
Cook also mentioned that Chinese foundries. The beginning of this year, Cook visited China to visit Foxconn factory in Henan, China's Vice Premier Li Keqiang met with Cook.
Cook said that social responsibility, Apple will be more transparent, including the rights of Chinese workers. Previously, Apple has been criticized for ignoring labor rights, and rarely communicate with the outside world. Cook said that Apple will be posted before an annual social responsibility report, but is now a month released once.
When it comes to business in China, Cook said, this year, Apple will focus primarily on overtime work, Apple has been working to reduce overtime, "but it is difficult to do, some people would like to work, they want to go out to work in 2012, and then returning to his village to take home as much money. "
When it comes to the iPhone's processor and touch screen glass substrate produced in the United States, Cook expressed the hope that Apple's products are more parts produced in the United States.

The National Palace Museum collection "12 beauty map": to show the life of the ancients

The National Palace Museum collection "12 beauty map": to show the life of the ancients

 This diagram is called to stand holding Ruyi. The missing maps were originally Summer Palace "deep Liu reading hall folding screens, decorative painting. Emperor Yongzheng was very appreciative of this map set screen, in order to take proper care edicts have them removed from the screen. Moreover, the "clear files" in mind: Yongzheng (1732) August edicts will be removed to the Figure 12 "pad of paper lining, with a volume lever hidden in the palace. The lapse of 270 years, this set of map screen is still preserved intact

 Twist bead concept cat. The ladies sitting at the round window, the light leaning desk case, single-handedly Elegant Nianzhao the rosary, is to watch the two play naughty cat. Viewfinder face of this map is very small, only half of the round window to characterize the complex landscape, but the artists make reference to the perspective of the focus of Western painting, will be far, nearly King in good order, thus expanding space of the screen depth, look the Rhyme long. Bell tick under the window, near the cat slapstick, time quietly in this indistinct passage

 The picture shows the summertime butterflies. Outdoor lake stone exquisite butterflies dance, day lily with aromatic. Indoor ladies handheld the gourd leaning case meditation. This painting depicts the ladies summer leisure scene, was that the begging Takako auspicious wishes. Hemerocallis, also known as lotus, deer onions.

 This diagram is called to stand holding Ruyi. The missing maps were originally Summer Palace "deep Liu reading hall folding screens, decorative painting. Emperor Yongzheng was very appreciative of this map set screen, in order to take proper care edicts have them removed from the screen.

 The picture shows the holding table daisy. The ladies armed with exquisite enamel table to sit next to in the book case. The table bottle inserted chrysanthemum, point to understand the time value of August season. The chrysanthemum lofty and elegant, the fall of important ornamental flowers have been given the faithful, longevity, and the meaning, while its sober elegance of the natural beauty of the headdress of the women or the embellishment of the room.

 The picture shows the lean couch concept of bird. Indoor ladies reclining on the couch, playing with the collusion chain, outdoor magpie tweet Cha, women's visual magpie, feel ecstatic. The artist intended the performance winter to spring, the women watch the magpie pleasant state of mind, but not consciously palace women's spiritual emptiness, lonely repressed feelings overflow screen. The back of the screen a letter full of "life", meaning that although the Chi Sau sickness, but also lost to the only envy mandarin ducks do not envy the immortal "The hope and pray.

 The picture shows the oven view of the snow. Lady by the window and sit, light lift account curtain and watch the snow plum. Charm enjoy outdoor green bamboo Phi cream with snow, the Yuhan do not wither, showing great vitality; white bloom while the flowers dare the snow hit, one tree alone the world Spring bloom. Is not only famous ornamental flower plum, he spent a sub-five, while those with "Adoxa" name, for the moral well-being, longevity, good fortune.

 The picture shows the beauty exhibition book. Red lips and white teeth thin waist, reclining the Yun cage Shuiqi when. After all, the lovestruck consumer not Prince Code For Fair and meditation.

 The picture shows the candle sewing. Piercing the sky, Candle flickering Ladies diligent female red candlelight downstream needle alignment. Needlework, including textiles, embroidery, sewing, etc., the ancient part of the measure of the woman "four virtues (feminine virtue, the women's words, women's power, women's capacity)" in "women power" is one of the most important criteria of evaluation of women's conduct standards. Therefore, the women were both rich and poor, are good at needlework conflict.

 The picture shows the Yi Men view of bamboo. Courtyard flowers Takeishi everywhere, and are placed in Pandan, rose colored bonsai contests dotted with pretty scenery, graceful posture. Ladies Yi Men watching the beauties of springtime, the behavior seems to reveal the faint sigh of spring feelings.

Pains in the Indian IT services industry: steering business process outsourcing

May 29 - "Forbes" website analysis article said that the economic crisis in Europe, a large number of companies are cutting IT budgets, which gives a number of Indian IT services company has brought in big trouble. European customers to reduce the growth rate down to single digits, homogenization of the competition is serious, the industry has become the Red Sea. The plight of the Indian IT industry will seek the kind of self-redemption?

Pains in the Indian IT industryEven the weak ruble can not solve the problem, a weak currency, at most, the Indian IT services companies to look more than the opponent Accenture price advantage, but the question is, from all walks of life now and there is no strong demand for IT. In other words, these Indian IT companies are impossible to find customers.

Such as India's first listed company in the United States Wipro, Infosys Infosys and IT technology services company, stock market performance are weaker than India Wisdom Tree Fund Trading Index as of May 25 this year has fallen by 14%. Now, Indian IT services company's profit margins have declined to single-digit percentage points, or will face spending cuts, forced to lay off situation.

Bank of India Kotak's Kotak fund this week released a report, Kotak fund the research model of the Indian IT services company built on the basis of its growth rate is higher than the same industry of the world average of 10% to 12% . Expected according to Kotak fund, the enterprise IT budget is growing year by year, the IT services industry is expected to rise than the current level of 8%.

"Indian IT industry is suffering from the 'law of large numbers'" ("law of large numbers, also known as the" law of averages "refers to the almost inevitable law of the random phenomenon of a large number of repeated often, the modern insurance industry is built on mathematics and physics the meaning of this rule: the more risk the number of units, the actual loss results will be more close to the expected loss may be the result of that derived from an unlimited number of units), Kotak fund said in the report.

Nevertheless, Kotak fund research that the Indian IT industry growth is faster than the global average, but the gap between the two will be smaller. After 20 years of rapid development, the Indian IT and finally to the bottleneck. Investors will also look again at the moment the industry downward pressure, re-evaluate the value of the shares of these companies.

How to get rid of the predicament? To be sure, unless the European economy to growth again, otherwise the growth prospects of the Indian IT industry is worrying.The fact is, at least the next year, the European economy can not see out can have any improvement. Indian IT wants to grow, there is a possibility, and that is through mergers. Kotak fund analysts also mentioned that, in addition, the Indian government is working through the expansion of the orders of government IT services to offset the downturn in the European market to the impact of the Indian IT industry.

But these are hard to short period of time to regain their confidence, and the plight of the Indian IT companies seeking to save themselves, have to think about transition.Business process outsourcing, a new growth point?

EXL Services is headquartered in New York holding company in India, the market value of $ 726,000,000 principal business is the business process outsourcing, said that the downturn is now the European market has long been its CEO Rohit Kapoor (Rohit Kapour) preparedness, the center of gravity toward the United States market.

"Our view is that the IT services business is too large dependence on the customer's IT budget. Customers a year a budget for IT, you can clearly see, this budget is getting smaller and smaller, because the customer's own income reduced the IT budget is based on customer revenue-based, business process outsourcing. We believe that the focus shift from IT to business process outsourcing is wise. "Rohit Kapoor said.

Traditional IT consulting, IT services and outsourcing Indian IT industry, business process outsourcing (Business Pro-cess outsourcing, or BPO), simply, refers to the business processes of the side part or all of the non-core processes handed over to the other party operations. Some or all of the management and operation of process will be transferred to the service provider, the company's limited resources from non-core business freed to focus on core business, thereby enhancing the ability of the customer process automation.

EXL Services, the stock so far this year rose 2.91 percent, outperformed the MSCI Emerging Markets Index. Another Indian-owned business process outsourcing company Genpact Holdings (of Genpact Limited), the beginning of the year rely shares rose 8.7 percent. Compared bogged down, Infosys, Wipro and Tata Consultancy, these focus on business process outsourcing company performance.

Fund Kotak said, higher than the growth rate of the Indian IT industry, the mainstream business company business are undeveloped areas. Kotak is not specified in these undeveloped areas, but it is clear that mainly refers to the business process outsourcing.

Like EXL and Genpact company, now in its services towards specific vertical areas, such as health care and tourism industry, these experts, is through the establishment of a developer-oriented back-end and customer-oriented front-end into the vertical markets.

"Business process outsourcing model was born about eight years, has enormous potential, so the big companies are beginning to open up this business." Rohit Kapoor said, "an analogy, if we have such like American Express customers, we can help customers take care of back-office operations, so that customers will be able to focus on their core business. another example, if customers are insurance companies, we help customers deal with the views of complaints against this, we conducted a pension project of the Fund's insurance clients, our employees are trained to help clients answer any questions policyholders, the insurance industry clients, we have a credit guarantee.

Business process outsourcing market may be a way to bail out these Indian IT companies like Infosys, this field is still a very small market, but Rohit Kapoor expects it to grow to the size of about $ 180 billion, while The annual growth rate of about 5%. According to the Gartner market research firm Gartner Research data, the traditional IT market grew by only 2.5%.

Many large IT services companies are turning to this area, "said Rohit Kapoor," We must be differentiated to establish the advantages of our core strengths to customers on the service-specific vertical areas, such as insurance and banking,competitors do not have experience in these areas and platforms. we can do data analysis for our customers, our company the same as the customer is an international company, will not have the problems of communication and running. transition is not easy. But we are doing pretty good. "

EXL Services, listed in 2006, the average annual compound growth rate of between 25% to 27% last year on revenue of $ 361 million, Rohit Kapoor said, this year's revenue is expected to be $ 445 million. EXL has about 10 009 1,000 employees worldwide, of which about 500 people.

Most large IT business process outsourcing services as a larger portfolio of services provided to customers, especially Tata and Infosys, to provide diversified services company want the EXL such only provide business process outsourcing company, compared to this modes given their pricing advantage.

Who can take over the mantle of the Li Ka Shing

In July of this year, Hong Kong's new Chief Executive will take office, but to witness a real shift of power in Hong Kong, or pay close attention to the succession plan of the oldest old tycoons in Hong Kong.

Standing on the power pyramid spire is Asia's richest man Li Ka-shing. Li Ka-shing, because of the extraordinary ability of the deal has been in Hong Kong is known as "Superman", this ability makes him an all-encompassing business empire, to the global port from Hong Kong's electricity and real estate, telecommunications andretail business. Many people not only live in the apartment he built, with its power supply, also sipping his bottled water, and he dominated the retail market in Hong Kong supermarket chain to buy things. If you count Richard Li's PCCW, Hong Kong people to see the pay-TV, Internet and telecommunications services are used by Li Ka-shing family.

According to Forbes magazine estimated the Li Ka-shing, the net assets of approximately $ 25.5 billion, ranked ninth in the world's richest.

In view of this, the succession plan he disclosed on the 25th for shareholders and will no doubt be a big news. Under this plan, the 47-year-old eldest son Victor Li will take over the helm of his business empire, the second son of Richard Li, aged 45 will get a lot of investment funds.Richard Li to take over the telecommunications assets?

The latest disclosure of the succession plan in addition to the Li Ka-shing's leading enterprises, the Hang Seng Index constituent companies, Cheung Kong (Holdings) Limited and Hutchison Whampoa Limited will have an impact, but also triggered a question: Does anyone really took the Li Ka-shing mantle.

Li Ka-shing may be able to own wealth and the company passed to his sons, but the 83-year-old tycoon accumulated over the past 50 years, his political connections, and prestige, but not so easy to pass on.

However, given the rumors heard around the Li Ka-shing's succession plan (including Li Ka-shing's corporate empire may be split), specified Victor Li is the name of corporate successor may make shareholders feel at ease.

A Hutchison Whampoa executives has revealed that such a statement Victor Li's Cheung Kong real estate and infrastructure business, Richard Li will be more attractive telecom business. Telecommunications business with Richard Li's interest in media and entertainment industries.10 years, Richard Li has been operating outside the family group with their own business, the most talked about Star TV Hong Kong telecom operator PCCW Limited. Later, he sold Star TV to News Corporation.

In Hong Kong, PCCW and Hutchison Whampoa's telecom business, the merger will have a certain appeal, people think better than the two brothers, Victor Li and Richard direct competition in the telecommunications industry. Nevertheless, in view of Richard Li, the poor reputation of the PCCW shareholder value creation, if it is any indication that Richard Li was recalled to the family business, will lead to controversy.

In the eyes of Li Ka-shing, known as "Little Superman" Richard Li apparently has not been ignored. Li Ka-shing, said on the 25th, will be Richard Li, the enterprises to provide funds to help their business through mergers and acquisitions to expand several times.Hong Kong is no longer "Li Ka-shing"?

Li Ka-shing is the reason why suddenly announced to take over the news recently, some companies' shift may be intended to avoid confusion in their own company who repeat itself. Hong Kong may have some companies to operate the best and most respected in Asia, but little is often forgotten that in the final analysis is still family-owned business.

Has been proved, Sibling rivalry is the corporate management of unforeseen risks.Not long ago, Stanley Ho, the shift process under the command of the gaming industry in Macau Empire staged a scene a few rooms wife in court. Even more surprising is that the blue-chip Sun Hung Kai Properties between the three heirs of the brothers not so unexpected and even developed to the point. The two brothers were arrested, there are rumors that their eldest brother, two of the wrongful act has reported the Hong Kong Government.

Are catching up to go down deep, Li Ka-shing announced shift regarding the tycoon-controlled enterprises in Hong Kong's enormous influence was more and more to resist the occasion. The widening income gap has become the topic of a trigger social differentiation. It is noteworthy that, in the campaign to compete for the post of Chief Executive of the Hong Kong Special Administrative Region, the new chief executive of Hong Kong Leung Chun-ying, defeated candidates supported by the business tycoon, Mr Henry Tang.

Those aimed at reducing the moguls on Hong Kong's economic control measures enact a competition law, the regulation of the real estate market or to strengthen regulation of listed companies, have been a powerful business lobby groups and resolutely resist.Take into account in accordance with the plan in 2017, Hong Kong Chief Executive will be elected by universal suffrage in Hong Kong may change.

All of this means that Victor Li may face an increasingly complex political environment, especially when he can not expect to rely on others' respect for the father's "shade". Perhaps Hong Kong will no longer appear a super tycoons like Li Ka-shing, but now it seems this may not be a bad thing.

"Hunger Games" Jennifer embodiment of the Barbie film to lift the newborn named tide

"Hunger Games" will be released to 2D and 2D the IMAX format in the Mainland in June, 640 million (as of May 28) U.S. dollars at the box office to become the world's best selling literary adaptation of the film. Actress Jennifer Lawrence and Josh Haqie Sen became the new generation of Hollywood idol, popularity, social status both up; Toys Manufacturers' Kai Nisi to movie hero as the prototype, the launch of limited edition Barbie doll, Temperament image and Jennifer is quite similar to the character name; "hunger Games" has also become the first choice for expectant parents

 The paragraph Barbie sells for $ 32.99 pre-order has been officially opened on the network, causing the fans mad pursuit.

 As of May 28, "Hunger Games" has reached $ 640 million worldwide box office. The film has successfully passed the review of the Film Board will be held in June to the ordinary 2D and IMAX 2D two versions released in the Chinese mainland.

"Caution" exposure Ring For the version of the concept of posters black gold swirl Murder hidden

Directed by new directors McCain, Hua Liu Feng Lei starring China's first the cautionary manic comedy "Four ring on June 8, the given file with the national audience. Recently, the film side announced a "ring For" version of the concept of posters, the director said, including this poster reflects the theme of the film cautioned that greed always kills.



 

The film is positioned as a comedy, but not in the traditional sense of a sensational eye-catching. Traditional comedy type videos for Bo audience smile, exaggerated performances, alternative clothing, the idea that the story is an essential element, after reading, smiled, and then burned. Away a movie ticket 50, the audience happy with meal meal or T-shirt to buy to buy comfort, and this consolation and happy moment out of the theater mostly vanished. Redu yet hides enough gone in his arms, so many people started to complain about the movie pits father. After all, if the information content of a film itself contains too little or too messy to remember will be allowed with the classic lost.

 
Undercurrent of desire rebirth of the "black gold"

Posters this section the concept of a coal pile buried the body of a woman as the core elements of vision, which Yiu golden matte coal metaphor "black gold", which symbolizes the materialistic society today, the people most likely to be money and the desire to corrosion only to master money captured people, dominate the view of the world. But greed and excess, tend to make people self-destruction, the woman's body to be buried in the "black gold" is implied in this thread. Randomly scattered in the body of a woman next to the poster dollars and wine represents the greed of the people's minds, a mortal of the world are able to escape the full competition rights, money and sex, but after a certain degree, it will provoke disaster . The middle of the poster, white "ring" Chinese font sonorous, as if to warn that, before the desire to quit greed. Money is dead is alive, the worldly possessions a taste.



Money and alcohol the passage of the body successfully must first self-denial Life is full of the ubiquitous Tucao point, Caution "director John McCain diversified multi-faceted understanding of the comedy to provoke various parts of the nerve, not just the twitching of facial muscles, the pressure of the modern and for the life spit a microcosm of the slot desire as well as all kinds of people in the film. Each character has a distinct personality, but more than just a single individual. In fact, everyone fickle, everyone has the desire Jiese temperance abstain from greed many are subject to restraint was being detained for a long time inevitably suppressed, but the only people who understand the advance and retreat in order to Fun World.


The body of a woman Jingxian suspense after another .The movie "Ring" The whole film complex story line, the murderous plot Anfu suspense after another, each character who seems to have a strong sense of fatalism. Head and body of a woman's Jingxian posters, movie mystery suspense sense, in contrast, the Macedonian million a huge sum of money caused by the case of the case to make the movie even more confusing. For the creative mind of the film, the director said in today's fast-food society, money, sex, rights and desires are difficult to resist the temptation, it can easily make sink, thinking of corrosion, desires expansion, the last in order to respective interests will lead to strife and killings, the puzzle of the play by five million a huge sum of money leads to life and death, the sky is the people's greed.