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  • August 28, 2014
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  1. Business - Commodities - METALS

    Stricter emissions control in China to drive palladium prices higher

    Posted Jul 29th 2014, 10:58am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Even with prices at a 13-year high, analysts see more gains for the metal that goes into cleaner exhaust systems required by new mainland rules Emission controls put palladium in fast lane Tight supply and stricter vehicle pollution control standards on the mainland will continue to be key drivers of higher prices of palladium this year and next year, ...

    http://www.scmp.com/business/commodities/article/1561707/stricter-emissions-control-china-drive-palladium-prices-higher
  2. Business - Banking & Finance

    OCBC edges nearer to Wing Hang full control

    Posted Jul 25th 2014, 01:35am by Bloomberg

    ... Bloomberg in Singapore OCBC edges nearer to Wing Hang full control Oversea-Chinese Banking Corp, Southeast Asia's second-largest lender, moved closer to a full takeover of Wing Hang Bank after investor acceptances for the bid accelerated in the past week. Singapore-based OCBC raised its stake in its target by almost 11 percentage points to 67.8 per cent in the five days ...

    http://www.scmp.com/business/banking-finance/article/1558386/ocbc-edges-nearer-wing-hang-full-control
  3. Business - Comment - LAI SEE

    Mui Wo parking out of control

    Posted Jul 23rd 2014, 01:20am by Howard Winn

    ... Howard Winn We have long moaned about illegal parking and the lack of police effort to control it. However, we understand that illegal parking is completely out of control in Mui Wo in South Lantau. As our picture shows, whole pavement areas have been taken over as permanent car parks, forcing pedestrians many of whom are children and elderly to walk in the road. Since many ...

    http://www.scmp.com/business/article/1557365/mui-wo-parking-out-control
  4. Business - Companies - FUEL

    Hong Kong biodiesel firms urge government controls on imports

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com HK operators using waste cooking oil say they cannot compete with cheaper overseas feedstock sources that have an environmental impact Biodiesel firms urge action on imports Hong Kong biodiesel makers are urging the government t ...

    http://www.scmp.com/business/companies/article/1556923/hong-kong-biodiesel-firms-urge-government-controls-imports
  5. Business - Banking & Finance - EARNINGS

    Dah Sing profit climbs 29pc on lower China lending

    Posted Aug 28th 2014, 05:03am by DON WEINLAND

    ... to HK$1.01 billion in the same period, it said in a statement to the Hong Kong stock exchange. The two companies are part of unlisted parent Dah Sing Group. Dah Sing Banking Group also controls Banco ... industries such as steel. "They are trying to control their risks and have more credit control," Kenny Tang Sing-hing, an analyst at AMTD Financial Planning, said of the banking group. ...

    http://www.scmp.com/business/banking-finance/article/1581319/dah-sing-profit-climbs-29pc-lower-china-lending
  6. Business - Companies - EARNINGS

    China Agri-Industries issues profit warning after losing HK$374m in July

    Posted Aug 27th 2014, 01:42pm by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com China Agri-Industries, the mainland’s largest listed agricultural producer and supplier, issued profit warning for the second half on Wednesday after losses ballooned last month. The company, controlled by state-backed conglomerate Cofco, recorded a net loss of HK$374 million in July, after losing HK$290 million in the first half. In an exchange filing, ...

    http://www.scmp.com/business/companies/article/1581124/china-agri-industries-issues-profit-warning-after-losing-hk374m
  7. Business - China Business - E-COMMERCE

    Wanda links with Tencent and Baidu in 5b yuan e-commerce venture

    Posted Aug 28th 2014, 05:03am by Reuters

    ... in the world's biggest e-commerce market as the rise of smartphones creates new business opportunities. Wanda is a commercial property, luxury hotel and film conglomerate controlled by Wang Jianlin, ...

    http://www.scmp.com/business/china-business/article/1581334/wanda-links-tencent-and-baidu-5b-yuan-e-commerce-venture
  8. Business - China Business - ACQUISITIONS

    Wei family agrees to buy Taiwan’s biggest cable TV operator for US$2.4b

    Posted Aug 25th 2014, 02:53pm by Reuters

    ... Reuters in Taipei Controlling investors of noodle maker Tingyi to pay US$2.4 billion for Taiwanese firm Wei family to acquire cable-TV operator Taiwan's Wei family has agreed to buy majority control of China Network Systems (CNS), the island's biggest cable-television operator, for about US$2.4 billion including debt from private equity firm MBK Partners, sources said. ...

    http://www.scmp.com/business/china-business/article/1580535/wei-family-agrees-buy-taiwans-biggest-cable-tv-operator
  9. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

    Posted Aug 28th 2014, 11:03am by SIJIA JIANG

    ... which is controlled by HNA Group, is China’s fourth-largest after state-owned Air China, China Southern Airlines and China Eastern Airlines Corp. It has a fleet of 157 planes, mostly Boeing ...

    http://www.scmp.com/business/companies/article/1581390/hainan-airlines-profit-down-6978pc
  10. Business - Companies - INVESTMENT

    KKR buys stake in China's biggest chicken producer

    Posted Aug 28th 2014, 05:03am by BLOOM

    ... a Shanghai unit of OSI, a US company, prompted McDonald's to pull some items from its restaurants in China. Fujian Sunner said it aims to ensure quality by controlling all stages of production, ...

    http://www.scmp.com/business/companies/article/1581316/kkr-buys-stake-chinas-biggest-chicken-producer

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