• Thursday
  • July 24, 2014
  • Last updated: 8:11am
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 13 for acquisition

Search results

  1. Business - Companies - STOCKS

    Lenovo punished by downgrades over Motorola Mobility acquisition deal

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... acquisitions last month as he seeks growth drivers to help weather a slump in global personal computer shipments. The purchase of International Business Machines' low-end x86 server unit delivers ... impact on Lenovo's net profit- at least in the near term- from the acquisition of Motorola Mobility," Morgan Stanley analysts, led by Grace Chen, said in a report. "It will take ...

  2. Business - Money - STOCKS

    Rakuten's Viber purchase sparks share sell-off

    Posted Feb 18th 2014, 04:34am by Bloomberg

    ... after the company announced plans to buy the Viber internet messaging and calling service for US$900 million. The deal adds to Rakuten's recent acquisitions of stakes in social-network ... for Rakuten's digital products. Rakuten also plans to create a game platform on closely held Viber, which has 300 million users of its instant messaging and free internet phone services. The acquisition ...

  3. Business - Money - STOCKS

    Strong rally fuels gamble on Tencent

    Posted Feb 22nd 2014, 01:15am by Sophie Yu

    ... which boasts 272 million monthly active users. Guosen Securities analyst Bill Fan said Tencent was strengthening its presence in the mobile internet sector through acquisitions. "Through the acquisitions, Tencent will permeate every aspect of our life on the WeChat platform," he said. On Wednesday, Tencent bought 20 per cent of Dianping, China's answer to American review site ...

  4. Business - Companies - STOCKS

    SCMP Group halts trading after shares surge 23pc

    Posted Feb 18th 2013, 11:24pm by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com SCMP stock soars ahead of filing on acquisition talks SCMP Group, which publishes the South China Morning Post, halted trading in its shares on Monday after ... with third parties regarding possible acquisition of a group of media companies in Hong Kong". It said it had entered only into a non-binding term sheet for the possible acquisition but did ...

  5. Business - Money - STOCKS

    Punters warned on back-door listings

    Posted Jun 24th 2013, 12:00am by Peggy Sito

    ... follow from their new parents. But analysts, who expect the acquisition trend will continue, caution that valuing the shares based on little more than guesswork about what the new owners plan ... Suisse. The cautions come after high-profile takeovers of locally listed companies by mainland developers. The acquisitions have been aimed at providing a back door to listing in Hong Kong, ...

  6. Business - Money - STOCKS

    Shares in Hengli soar after Wanda takeover

    Posted Apr 11th 2013, 12:00am by Jeanny Yu

    ... become Wanda's overseas fundraising platform and an ATM machine to fulfil Wanda's offshore acquisition ambition," said Alma Yang, a portfolio manager with Shenyin Wanguo Asset ... to "well-known" hotel brands in the United States for possible acquisitions, Reuters reported. Last month, Wanda agreed to buy a 65 per cent stake in Hengli for HK$1.31 billion. The back-door listing ...

  7. Business - Money - STOCKS

    Offshore hopes trigger rally in Vanke Property

    Posted Jan 26th 2013, 12:00am by Peggy Sito

    ... suspension on Thursday. Yesterday's close represented a 175.4 per cent gain on the closing price of HK$6.21 on July 16 last year, when China Vanke completed the acquisition of a 75 per cent ... of China Vanke, Vanke Property will find it easier to arrange bank borrowings for future site acquisitions or bids in both Hong Kong and overseas," Lau said. Lee Wee Liat, the head of research ...

  8. Business - Companies - STOCKS

    Outlook dims for Li & Fung shares

    Posted Jan 14th 2013, 11:58am by Toh Han Shih

    ... the company's performance in the past two months did not meet the guidance Li & Fung gave analysts in November. Li & Fung would seek acquisitions in beauty products and Asia, Citi said. ... billion) for Lornamead, a personal care products firm. Li & Fung was unable to confirm this acquisition. ...

  9. Business - Commodities - STOCKS

    Liu's return sees China Gas soar

    Posted Dec 19th 2012, 12:00am by Eric Ng

    ... to HK$808 million for the first half, triggering a rally in its shares. Less than three weeks after the interim results, the firm unveiled on Monday a US$400 million acquisition of the gas assets ... yesterday. "We think the planned co-operation with Sinopec on liquefied natural gas and this acquisition are both positive, but the share price has risen 49 per cent since the end of October, ...

  10. Business - Money - STOCKS

    BlackRock goes for industrial counters

    Posted Mar 19th 2013, 03:50pm by Jeanny Yu

    ... of "intrinsic value" vary in different sectors. For example, physical assets and replacement cost of capacity were key for industrial firms, while merger and acquisition prices could offer ...




SCMP.com Account