Charles Wang News
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The New York Islanders will relocate to Barclays Center in Brooklyn when the National Hockey League team’s lease at Nassau Veterans Memorial Coliseum expires in 2015. The team won’t change its name.
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E Fund Management Co. , China’s second-largest mutual fund house, plans to start two emerging- markets funds early next year through its Hong Kong unit, rivaling international peers such as Fidelity International.
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China’s E Fund Management Co. hired Charles Wang from Acadian Asset Management LLC to head the company’s Hong Kong unit to expand overseas and advise on foreign institutional investments in China.
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Nassau County Executive Edward Mangano called for proposals to build a new home for the New York Islanders hockey team with private funds, a day after voters rejected using public financing.
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The New York Islanders, whose games draw the fewest spectators in the National Hockey League, failed to persuade voters to issue $400 million in general-obligation debt to boost attendance with a new arena.
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Voters in Nassau County, where finances are under state oversight, will decide today if their taxes should fund a hockey arena for the New York Islanders, whose owner says he’ll move unless he gets one.
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The New York Islanders and the New Jersey Devils will play in the first National Hockey League game at the Barclays Center, the $1 billion arena due to open this year in Brooklyn.
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Chinese power producers led by Huaneng Power International Inc. fell in Hong Kong after some investors deemed an early rally triggered by an increase in electricity prices and a cap on coal costs as excessive.
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The New York Mets are talking with the New York Islanders about building the National Hockey League team an arena in Queens.
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Deutsche Bank AG’s Lee Zhang, one of the most senior Chinese investment bankers at a western securities firm, is leaving to join Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value.
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