Tuesday, August 04, 2009

What's in a name?

Sitting in the airport departure area yesterday (don't get your hopes up, I wasn't the one leaving), I found myself in front of a massive information board advertising Morgan Stanley with (curiously) a picture of an Indian temple, presumably to emphasise the worldwide nature of their services. Along the top and bottom of this board were scrolling bars of financial information - currency exchange rates, stock indexes and the like - provided, so the board said, by Thomson Reuters.

I happened to notice that among the Hong Kong share prices listed was one for "Amoy Properties". Amoy Properties changed its name to Hang Lung Properties in 2002. If it takes one of the world's leading banks and possibly the world's largest financial information provider more than seven years to notice that one of Hong Kong's biggest companies (a constituent of the Hang Seng Index) has changed its name, it's no wonder we have a financial crisis.

2 comments:

ulaca said...

They're fujian' the issue?

fumier said...
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