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  • September 18, 2014
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  1. Business - China Business - EARNINGS

    Beijing aviation dream in doubt after first-half losses at AVIC Aircraft

    Posted Aug 20th 2014, 01:34am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Slow product deliveries push Avic Aircraft into the red in the first half Beijing dream in doubt after losses at jet maker Steep losses at mainland jet manufacturer Avic Aircraft may be a signal that Beijing's ambitions to develop home-grown planes to compete with global giants may not be possible for several years to come. Avic Aircraft, part ...

    http://www.scmp.com/business/china-business/article/1577250/beijing-aviation-dream-doubt-after-first-half-losses-avic
  2. Business - Companies - EARNINGS

    Earnings at Beijing Capital Land jump 18pc

    Posted Aug 12th 2014, 09:26am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Beijing Capital Land dismisses the need to cut prices to meet a 28b yuan target despite slow sales in first half amid a recovery in the market Mainland developer on path to meet goal Hong Kong-listed developer Beijing Capital Land said yesterday that it could hit a full-year sales target of 28 billion yuan (HK$35 billion) without cutting prices ...

    http://www.scmp.com/business/companies/article/1571886/earnings-beijing-capital-land-jump-18pc
  3. Business - China Business - EARNINGS

    Chinese industrial firms’ profits grow more slowly

    Posted Aug 28th 2014, 01:10pm by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Chinese industrial companies’ profits grew more slowly last month than in June, the National Bureau of Statistics said, as industries such as coal suffered heavy losses. Their profits rose 13.5 per cent year on year to 482.3 billion yuan (HK$607.6 billion) last month, slowing from 17.9 per cent growth in June. In the first seven ...

    http://www.scmp.com/business/china-business/article/1581416/chinese-industrial-firms-profits-grow-more-slowly
  4. Business - Commodities - EARNINGS

    Oil and gas producer PetroChina posts 4pc first-half profit rise

    Posted Aug 29th 2014, 01:14am by Eric Ng

    ... to Beijing's policy to let domestic fuel prices match international oil price levels. The company has allowed management of Liaohe and Jilin oilfields in the northeast which struggled to arrest output ... after Beijing lifted domestic gas prices by about 15 per cent in July last year as part of a three-year plan to lift domestic prices to near international levels as the nation relies more on oil ...

    http://www.scmp.com/business/commodities/article/1581588/oil-and-gas-producer-petrochina-posts-4pc-first-half-profit
  5. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... in the results announcement that three new property projects in Beijing, Hong Kong and Macau were expected to generate a promising revenue stream for the group over the medium term. ...

    http://www.scmp.com/business/companies/article/1581679/shun-tak-boosts-first-half-core-profit-2256pc-strong-property
  6. Business - China Business - EARNINGS

    China Telecom user base shrinks amid rivalry

    Posted Aug 28th 2014, 05:03am by Sophie Yu

    ... market. Rival China Mobile launched 4G voice call and data services soon after it was granted the licence at the end of 2013 for the TD-LTE system, a home-grown standard supported by Beijing ... cent of the total. China Telecom's monthly average revenue per user increased 4 per cent year on year to 56.5 yuan. In line with Beijing's directive to cut market expenses, ...

    http://www.scmp.com/business/china-business/article/1581335/china-telecom-user-based-shrinks-amid-rivalry
  7. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

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

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland insurer targeting petrol station chain after reporting 13pc rise in first-half net profit China Life in bid for Sinopec unit China Life Insurance is seeking to diversify its investment portfolio by planning to invest in China Petroleum & Chemical Corp's (Sinopec) retail unit after reporting better-than-expected ...

    http://www.scmp.com/business/china-business/article/1581324/insurer-china-life-diversifies-bid-sinopec-retail-unit
  8. Business - Companies - EARNINGS

    Sunac reports 21pc rise in first-half core net profit to 1b yuan

    Posted Aug 26th 2014, 10:15am by Langi Chiang

    ... in the first half, adding 1.48 million square metres to its land bank. It is focused mainly on five cities: Beijing, Shanghai, Tianjin, Chongqing and Hangzhou. “In the second half, the company will, ...

    http://www.scmp.com/business/companies/article/1580741/sunac-reports-21pc-rise-first-half-core-net-profit-1b-yuan
  9. Business - China Business - EARNINGS

    BYD pins hopes on new-energy vehicles after profit drops

    Posted Aug 26th 2014, 01:10am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Chinese carmaker eyes new-energy vehicle segment for future revenue growth after reporting worse-than-expected first-half results BYD accelerates green car plans after profit dip BYD, the Chinese carmaker backed by Warren Buffett, expects performance to improve in the fourth quarter, boosted by sales of new-energy vehicles (NEVs), ...

    http://www.scmp.com/business/china-business/article/1580659/byd-pins-hopes-new-energy-vehicles-after-profit-drops
  10. 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

    ... 641 million at the end of June. Chairman and chief executive Zhou Hongyi said yesterday that Beijing-based Qihoo 360's performance in the second quarter showed "further strengthening ...

    http://www.scmp.com/business/china-business/article/1580655/qihoo-360-step-mobile-internet-push-smartphone-user-number

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