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  • September 17, 2014
  • Last updated: 5:10am
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  1. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... said. Lee Wee Liat, the head of property research at BNP Paribas Securities, said SHKP's ability to put more flats on the market should support higher sales for this financial year. ...

  2. Business - Companies - EARNINGS

    SmarTone eyes better days ahead

    Posted Sep 01st 2014, 04:21am by BIEN PEREZ

    ... the operator launched its "HealthReach" software application, through subsidiary Connected Health. The app allows users to securely record, transmit, store and share their health-related ...

  3. Business - Banking & Finance - EARNINGS

    China Construction Bank posts slower 9pc gain in first-half profit

    Posted Aug 30th 2014, 01:29am by DON WEINLAND

    ... with the peer average of 1.08 per cent," said Erin Lee, an analyst at Yuanta Securities in Shanghai. Lee noted that the results were in line with her estimates. Construction Bank's report ...

  4. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

    Posted Aug 28th 2014, 05:03am by Kwong Man-ki

    ... securities down to 655 million yuan from 3.7 billion yuan a year ago. Total investment income for the six-month period increased by 12.3 per cent to 45.1 billion yuan, while gross investment yield ... with Phillip Securities. "China Life has a bigger chance to be shortlisted with its background as a state-backed company," Chen said, adding a capital investment in the retail unit ...

  5. Business - China Business - EARNINGS

    Qihoo 360 to step up mobile internet push as smartphone user number hits record

    Posted Aug 26th 2014, 01:10am by BIEN PEREZ

    ... largest internet security company and No2 online search service, plans to step up investments in the domestic mobile internet market after the company's smartphone user base reached a record ... of our indisputable leadership position in internet security in China", as well as in Android game application distribution. While Qihoo 360 has not been as active in big-ticket acquisitions ...

  6. Business - Companies - EARNINGS

    Core profit rises 10.5pc at Yuexiu Property

    Posted Aug 27th 2014, 05:59pm by Peggy Sito

    ... market trends in adjusting selling prices. Kim Eng Securities expects the developer's core profit to grow 11 per cent for the whole year to 1.55 billion yuan but estimates more than 26 per ...

  7. Business - Companies - EARNINGS

    Singapore shooting-range builder Starburst to gain from Mideast unrest

    Posted Aug 26th 2014, 01:10am by BLOOM

    ... a faster increase in defence spending than the Middle East, with Saudi Arabia boosting its military and security budget by 21 per cent year on year this year to US$81 billion, according to IHS ... seeking a contract with Qatar, which is beefing up security as it prepares to host the 2022 World Cup soccer tournament. "The Middle East is a huge market for us," said managing director ...

  8. Business - Companies - EARNINGS

    MTR to take HK$3 b hit over project delays

    Posted Aug 25th 2014, 05:36pm by CHIM SAU-WAI, JING YANG

    ... by the company. Compared to the whole project, the magnitude of cost overrun is not huge JONAS KAN, DAIWA SECURITIES ANALYST "Compared to the whole project, the magnitude of cost overrun is not huge, but the entrustment agreement of the Sha Tin-Central Link and the Express Rail Link might lead to problems if negligence were found," said Jonas Kan, an analyst at Daiwa Securities. The cost estimate ...

  9. 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

    ... are quite high but the growth in those loans has stayed slow," said Tang Yayun, an analyst at Northeast Securities in Shanghai. "I think we can say that its bad loans are stable now, ...

  10. Business - Companies - EARNINGS

    K Wah aims to double its investment property portfolio

    Posted Aug 25th 2014, 02:26pm by Sandy Li

    ... "The lower than expected profit was mainly because of only one new project launch in Hong Kong in the first half," said Kay Ng, an analyst at Phillip Securities. Ng expects to see ...




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