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  • August 29, 2014
  • Last updated: 2:25pm
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Results 1 - 10 of 506 for 15 per cent stamp duty

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  1. Business - Companies - EARNINGS

    Lai Sun rules out price cut despite new property tax

    Posted Oct 31st 2012, 12:00am by Sandy Li

    ... no plans to cut the prices of its new project in Yau Tong despite the 15 per cent additional stamp duty imposed on non-permanent residents and corporate buyers. "We expect home prices ... of HK$10,325 per square foot. Chew's comments followed the company's announcement that its underlying profit edged up 3.17 per cent to HK$845.5 million in the year to July from HK$819.5 ...

  2. Business - Banking & Finance - EARNINGS

    ICBC profit up 7 per cent as bad loans held in check

    Posted Aug 29th 2014, 01:14am by DON WEINLAND

    ... of Communications' bad-loan ratio rose to 1.13 per cent from 1.05 per cent in the same period. ICBC's share price fell 1.15 per cent to HK$5.14 before the bank's results were posted. The Hang Seng ... ICBC profit up 7 pc as NPL growth in check Profit at Industrial and Commercial Bank of China rose 7 per cent in the first half from the same period last year, keeping bad loan growth at bay ...

  3. Business - Banking & Finance - EARNINGS

    Agricultural Bank of China's net profit grows by 12.65 per cent

    Posted Aug 27th 2014, 01:27am by DON WEINLAND

    ... of China's non-performing loan ratio edged up to 1.02 per cent at the end of June from 0.96 per cent at the end of last year. The bank said first-half net profit rose 11.15 per cent to 89.72 billion ... Don Weinland don.weinland@scmp.com Bad loans at the mainland's fourth-largest bank by assets remain high at 1.24 per cent but it is rising at a slower rate than two of its big rivals ...

  4. Business - Companies - EARNINGS

    Peninsula hotel owner sees profit rise by 73 per cent

    Posted Aug 20th 2014, 03:25pm by TIFFANY AP

    ... the Hang Seng Index gained 0.15 per cent. On August 1, the firm opened the Peninsula Paris, a joint venture with Katara Hospitality and its first foray into Europe. The hotel is a stone's ... of HK$293 million, up 73 per cent from a year ago. Chief executive Clement Kwok King-man said that occupancy rates at its Hong Kong flagship hotel had not yet been affected by a slowdown in luxury ...

  5. Business - Banking & Finance - EARNINGS

    ICBC profit climbs 10.2 per cent on fees, high net interest margins

    Posted Mar 28th 2014, 01:40am by Zhang Hong

    ... income, an increase of 6.1 per cent over 2012. The bank's net fee and commission income reached 122 billion yuan, up 15.3 per cent. Beijing's urbanisation plan would provide major ... upon better fees, high margins Industrial and Commercial Bank of China (ICBC), named last year as the world's most profitable bank, said its net profit rose 10.2 per cent to 263 billion ...

  6. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Telecoms equipment supplier bullish on outlook after posting 19 per cent rise in first-half revenue Huawei expects strong demand for its products Huawei ... (LTE) mobile networks and smartphones. Privately held Huawei yesterday said in a statement its first-half revenue grew 19 per cent to 135.8 billion yuan (HK$169.5 billion) from 113.8 billion ...

  7. Business - Banking & Finance - EARNINGS

    Huishang Bank net profit up 15.78pc

    Posted Aug 22nd 2014, 10:17am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com In its first interim report since its listing in November, Huishang Bank reported that first-half net profit rose 15.78 per cent year on year to 2.84 billion ... period last year. The profit growth was driven by 13.48 per cent year-on-year growth in net interest income to 5.36 billion yuan due to a strong 8.36 per cent growth in loans and advances ...

  8. Property - Hong Kong & China - EARNINGS

    Cheung Kong blames profit fall on developer discounts and incentives

    Posted Aug 01st 2014, 02:06am by Sandy Li

    ... in general is about HK$1,500 to HK$2,000 per square foot, against HK$4,000 per square foot for the construction cost," he said. Together with price cuts and subsidies for extra stamp duty, he said the property discount would be close to 15 per cent. "Such sweeteners may be reduced once developers see property sales rebound but it is unlikely they will cut all ...

  9. Business - China Business - EARNINGS

    China Power International Development shares fall despite 15pc profit gain

    Posted Aug 15th 2014, 12:00pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of China Power International Development fell 2.5 per cent after the company posted a 15.48 per cent year-on-year rise in net profit to 1.62 billion yuan ... 12.7 per cent to 10.86 billion yuan. After-tax profit from coal-fired power jumped 79.2 per cent to 1.5 billion yuan on the back of a 14.7 per cent fall in coal cost per unit of output, while ...

  10. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... Wong Kin-yip, however, said he expected the second half to remain difficult given the decline in property transactions. Midland narrowed its net loss by 62.4 per cent from a year ago to HK$35.78 million, it reported yesterday. Turnover- mostly commission fees- rose 8.13 per cent to HK$1.86 billion from HK$1.72 billion as developers launched new projects at steep discounts. Last ...




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