• Tue
  • Sep 23, 2014
  • Updated: 6:28pm

New World China Land, the Chinese property arm of New World Development, said on Tuesday that its net profit rose 0.5 per cent for the 12 months to June, slightly better than market expectations,...

23 Sep 2014 - 2:39pm

Jack Ma Yun, the 50-year-old co-founder and chairman of Alibaba Group Holding, topped the Hurun China Rich List 2014.

Updated 23 Sep 2014 - 6:05pm

China’s economic growth momentum has yet to pick up, with credit turning more expensive in the third quarter as borrowers increasingly shifting to shadow banks despite higher rates, shows the...

23 Sep 2014 - 9:21am

Shares of Hong Kong-based brokerage Celestial Asia Securities Holdings (CASH) and subsidiary CASH Financial Services Group surged more than 15 per cent in early morning after a memorandum of...

23 Sep 2014 - 12:38pm

BANKING & FINANCE

Agile Property Holdings plans to raise about HK$2.79 billion in a rights issue to bolster its financial position, in the second such share issue in the past month by a major Hong Kong-listed...

22 Sep 2014 - 9:59am

ECONOMY

One of the political narratives that have emerged around the concept of “one country, two systems” is the “establishment narrative”, which sees populist democracy as the greatest threat to...

23 Sep 2014 - 12:23pm

MONEY

Sentiment towards Asian equities has broadly weakened over the past two weeks.

23 Sep 2014 - 7:25am

Companies

Fidelidade-Companhia de Seguros, a Portuguese insurer subsidiary of Fosun International, China’s biggest listed privately owned conglomerate, has offered to take over hospital operator Espirito...

23 Sep 2014 - 11:17am

China Business

In the wake of the Chinese government's punishment of GSK and some of its former senior executives for corruption, multinationals are changing their behaviour and strategies in China, said...

23 Sep 2014 - 5:18am

COMMODITIES

The mainland will slash its import quotas for next year to boost demand for domestic fibre, a senior official said yesterday, in a move that is expected to put downward pressure on international...

23 Sep 2014 - 6:42am

Markets

Stock Quotes

Polls

  • Yes: 71%
  • No: 29%
18 Sep 2014
  • Yes
  • No
Total number of votes recorded: 388

Money

Momentum turned bearish in July, which pushed silver prices down in neat steps, slightly faster than gold, so that the gold-silver ratio rose from 62.5 ounces of silver to each one of gold to 66.5...

22 Sep 2014 - 9:07pm

STOCK TALK

13Dec

UBS sees the Hang Seng Index gaining at least 15 per cent next year on the back of improving earnings growth in sectors like consumption, internet commerce and non-bank financial firms.

MARKETS & INVESTING

Hedge funds may drive initial demand for Shanghai-listed stocks through a linkage of the city's bourse with that in Hong Kong, which opens up a new route for foreign investors to buy mainland...

23 Sep 2014 - 5:18am

SPENDING

Amid the mainland’s clampdown on visible luxury, high-net-worth individuals are shifting away from merely owning things to seeking experiences that will help them acquire a modicum of savoir faire...

18 Jun 2014 - 1:36am

Wealth

The world’s richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into...

23 Jun 2014 - 9:26pm

At last, a man with a mission and a breath of fresh air after all those cliched charity balls. We’re talking about Mission Possible, a fund raiser that’s fun, with zero expenses and every cent...

6 Mar 2014 - 5:57pm

It’s worked in Los Angeles, London, New York and Amsterdam but it will be interesting to see how Hyatt’s Andaz concept goes down in Tokyo. Most global hotels still stick to: guest arrives, bellboy...

27 Feb 2014 - 11:15am

Meet Boris the Chair

26 Feb 2014 - 11:51am

Thursday's memorial service for society jewellery designer and philanthropist Sandra D'Auriol is set to be one of the most memorable and spectacular ever held in Central's St John's Cathedral.

13 Feb 2014 - 8:10pm

Companies

Jack Ma Yun, the 50-year-old co-founder and chairman of Alibaba Group Holding, topped the Hurun China Rich List 2014.

Updated 23 Sep 2014 - 6:05pm

Tesla Motors’ electric vehicles might be the hot new thing for China’s nouveau riche, but owners are complaining of long delays waiting for repairs and processing insurance claims.

23 Sep 2014 - 3:18pm

China BlueChemical, which has recently booked 376 million yuan (HK$474 million) of impairment losses on a soured coal-mining joint venture, has agreed to lease three production facilities worth...

23 Sep 2014 - 9:49am

Artini China, a loss-making Hong Kong-based manufacturer of women’s accessories, has unveiled a plan to raise about HK$185.6 million from an open offer of new shares as it seeks new investment...

23 Sep 2014 - 9:32am

New owners of the latest Apple iPhone 6 model may feel they have purchased something exclusive but for the consumer who wants something truly special, there's always an iPhone plated in 24-carat...

23 Sep 2014 - 4:41am

Ultrasonic is taking a cautious attitude towards claims by its ousted chief executive Wu Qingyong that he did not run away with the company's money and intends to return the funds.

23 Sep 2014 - 6:38am

The underwriters exercised a so-called greenshoe option to sell an additional 48 million American depositary shares, Alibaba said yesterday.

23 Sep 2014 - 12:56am

Two major news events were at the center of the microblogging realm this past week, as tech executives from across the spectrum commented on the blockbuster IPO for Alibaba (NYSE: BABA) and the...

22 Sep 2014 - 4:24pm

Banking & Finance

China’s economic growth momentum has yet to pick up, with credit turning more expensive in the third quarter as borrowers increasingly shifting to shadow banks despite higher rates, shows the...

23 Sep 2014 - 9:21am

Shares of Hong Kong-based brokerage Celestial Asia Securities Holdings (CASH) and subsidiary CASH Financial Services Group surged more than 15 per cent in early morning after a memorandum of...

23 Sep 2014 - 12:38pm

Commodities

An industry body representing China’s coal-mining industry has vowed to continue its push for output reductions in a bid to lift power-station coal prices by 20 per cent from their trough,...

22 Sep 2014 - 10:57am

China's launch of an international gold exchange in the Shanghai Free-Trade Zone 11 days ahead of schedule last week, may not be much help as it seeks to compete with established gold markets such...

22 Sep 2014 - 4:28am

Economy

Activity in China’s manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5½-year low, a survey showed on Tuesday, a potential source of worry for...

23 Sep 2014 - 10:35am

Lindsay David's new book on Australia deserves a medical disclaimer: reading this will greatly raise your blood pressure.

23 Sep 2014 - 6:43am

China Business

New World China Land, the Chinese property arm of New World Development, said on Tuesday that its net profit rose 0.5 per cent for the 12 months to June, slightly better than market expectations,...

23 Sep 2014 - 2:39pm

Growth in the mainland's shadow banking sector probably began to stabilise in the first half of this year, according to new industry data.

23 Sep 2014 - 6:36am

Property

Asking prices of flats close to the stations along the seven rail projects to be developed by the government have been increased by up to 10 per cent as expectations of improving accessibility...

23 Sep 2014 - 3:00pm

For all of its disruptive power in transforming the retail and service sectors, the internet has been a tame beast in the property industry.

23 Sep 2014 - 11:44am

New World China Land, the Chinese property arm of New World Development, said on Tuesday that its net profit rose 0.5 per cent for the 12 months to June, slightly better than market expectations,...

23 Sep 2014 - 2:39pm

Video

  • Hundreds of students gather in Tamar Park during class boycott
  • Striking student leaders attempt to meet HK's chief executive leads to scuffle with police
  • Thousands of Hong Kong university students join week-long class boycott for democracy
  • Staying in a hotel? A robot may be your next butler

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