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  1. Lai See

    Posted Jul 17th 2007, 12:00am by Ben Kwok

    ... price of HK$1.50, was more than 28 times its net asset value. With the curse from Mr Webb, CFIIF was destined to return to being a penny stock. It didn't happen. Instead, it closed yesterday with a 48 per cent gain to HK$2.22. The gain was better than any of Mr Webb's Christmas stock picks the next day, so we sought his comment. 'I give up. You've been ...

  2. Lai See

    Posted Jun 09th 2012, 12:00am

    ... Environmental Index, which can be found at http://hedleyindex.sph . hku.hk/home.php. There he will see that the number of avoidable deaths due to air pollution last month alone amounted to 200. The economic loss in terms of air pollution-related burden of disease and loss of productivity amounted to HK$42.5 billion last year and is HK$15.3 billion so far this year. So much for 'simple ...

  3. Lai See

    Posted Feb 19th 2008, 12:00am by Ben Kwok

    ... of their wealth has evaporated after the market downturn. Country Garden Holdings chairman Yeung Kwok-keung's daughter Yang Huiyan, the largest shareholder, saw her company's value hit HK$14.18 per share at the time of Hurun report, but it fell to HK$5.59 last month. Even though Country Garden rose 11.48 per cent yesterday, Miss Yang still suffered a HK$63 billion paper loss from ...

  4. On the scent: Soaring demand sharpens the sector's appeal

    Posted Aug 27th 2006, 12:00am by Staff Reporter

    ... to grow at 6.2 per cent annually. China Flavors said turnover totalled HK$133.7 million for the six months to June 30, up 37.6 per cent, while operating profit increased 37.8 per cent and net ... and air fresheners. The company intends to apply HK$67.2 million of HK$112 million raised in a share placement in July to buy land and build factories. However, its main costs lie in investment ...

  5. Modern Beauty shares take ugly 20pc tumble

    Posted Jun 29th 2012, 12:00am

    ... by disappointed investors, sending the stock down by as much as 23.4 per cent yesterday to close at HK$0.95. Hong Kong-based Modern Beauty made the announcement on Wednesday night, saying net profit for the year to March fell to HK$82.2 million from HK$89.2 million a year earlier. Revenue grew 5.2 per cent to HK$756.6 million. But on April 10, the company had filed a positive profit alert ...

  6. Cheung Kong bags Tsuen Wan site for HK$9.6b

    Posted Aug 11th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Cheung Kong (Holdings) has surprised the market by acquiring a residential site on the Tsuen Wan waterfront for HK$9.631 billion, substantially more than ... at the end of last year, but was withdrawn as the offers submitted by the three bidders were seen as too low. Because of that poor response, surveyors lowered their expectations to HK$8.49 billion, ...

  7. HK bronze worth more than US gold thanks to bank deal

    Posted Aug 08th 2012, 12:00am

    ... Alvin Sallay Sarah Lee Wai-sze might have only won a bronze medal but will be be rewarded more than American gold medallists, who will only receive US$25,000 (just under HK$200,000), less ... every local athlete HK$3 million for bringing back a gold medal, HK$1.5 million for a silver and HK$750,000 for a bronze. So in monetary terms, a Hong Kong bronze is worth nearly four US golds. ...

  8. Sinopec sets up HK$10m pellet fund

    Posted Aug 10th 2012, 12:00am

    ... Ng Kang-chung kc.ng@scmp.com Petroleum giant Sinopec is setting aside at least HK$10 million to help pay for the clean-up of plastic pellets washed ashore on beaches and at fish farms ... estimated the clean-up could cost as much as HK$200 million and has asked Sinopec to foot the bill. The Yong Xin Jie 1 freighter belonging to China Shipping Container Lines lost seven containers ...

  9. Shun Tak falls on news of HK$1.95b fund-raising

    Posted Jan 21st 2012, 12:00am

    ... Neil Gough neil.gough@scmp.com Shares in Shun Tak fell 6.7 per cent yesterday as investors reacted coolly to the company's plan to raise up to HK$1.95 billion in a rights offering. ... The rights shares being offered represent 37.5 per cent of the company's share capital, and will be priced at a steep discount of HK$2.02 apiece, or 35.7 per cent below Thursday's closing ...

  10. Hang Lung to shed more HK assets in profit drive

    Posted Aug 01st 2012, 12:00am

    ... office building in Cheung Sha Wan for HK$625 million last month, after selling Star Centre in Kwai Chung in May for HK$528 million and parking lots in Park Towers in Causeway Bay for HK$220 million. The latter two, booked in its interim results, generated a profit of HK$220 million. But Chan said it had no plans to sell prime properties in core areas, including Causeway Bay, Central ...




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