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  • September 17, 2014
  • Last updated: 3:05am
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  1. Business - Economy - ECONOMY

    Property market cool-down drives HSBC China services PMI to lowest level ever

    Posted Aug 05th 2014, 10:09am by Reuters

    ... that economic uncertainty has made companies more reluctant to spend, a sub-index measuring new business growth hit a 68-month low of 50.3 in July. Stock markets in Hong Kong and Shanghai turned negative after the survey was released, while most other Asian markets extended modest early losses. The unexpected weakness in services comes after two separate PMI surveys last week showed ...

  2. Business - Money - THE INSIDER

    Buying and selling by directors declines during shortened week

    Posted Sep 15th 2014, 04:40am by Robert Halili

    ... on-market trade in bio-chemical products manufacturer Bloomage BioTechnology since the stock was listed in October 2008 with 308,000 shares purchased on September 10 at HK$12.94 each. The trade ... HK$22.00. The stock is also sharply down since March from HK$26.80. Despite the fall in the share price, the counter is still up since March 2012 from HK$2.14. The stock closed at HK$12.98 ...

  3. Property - Hong Kong & China - BRICKS & MORTAR

    China can’t count on old tactics to revive property market

    Posted Aug 04th 2014, 11:43am by Langi Chiang

    ... Langi Chiang Cities are relaxing restrictions on home buyers in order to fulfil the mainland's growth target China can't rely on old tactics to revive the property market China is increasingly resorting to its old tactics to help revive a rapidly cooling property market and safeguard its target of 7.5 per cent growth for this year. Critics still point to the 4 trillion yuan ...

  4. Business - Companies - EARNINGS

    Losses narrow at i-Cable amid continued market challenges

    Posted Aug 06th 2014, 04:12pm by BIEN PEREZ

    ... net loss for the six months ended June 30. “Competition will remain intense,” i-Cable said in its filing on Wednesday with the Hong Kong stock exchange. The company, which is 74 per cent-owned ... entrants establish a meaningful foothold in the early stages of market liberalisation, but also turns out to be the most stringent among broadcasters,” i-Cable said. Fantastic Television had ...

  5. Property - Hong Kong & China

    Investors return to the HK property market

    Posted Sep 16th 2014, 12:18pm by Yvonne Liu

    ... Stamp Duty to curb the investment demand. But it has been offset by developers’ stamp duty subsidies. He said the investors turned active because of the improving market sentiment since March. ... a professor of real estate at Hong Kong Polytechnic University, echoed the views. “The restrictions in building small flats could help the government to meet its building target only. The market has ...

  6. Business - Companies - CAR INDUSTRY

    Volkswagen leads German charge in China’s compact-car market

    Posted Sep 16th 2014, 09:35am by Reuters

    ... Reuters in Shanghai Volkswagen’s lead in China’s compact-car market this year has helped a handful of German marques sell almost as many of the vehicles as the mainland’s 25 local brands ... passenger market to 24 per cent in July from 21 per cent at the end of last year. That is now just 6 percentage points shy of brands from Geely Automobile, Great Wall Motor, BYD and other Chinese ...

  7. Business - Companies - EARNINGS

    Hong Kong Jockey Club seeks higher returns from alternative investments

    Posted Sep 16th 2014, 03:23am by Enoch Yiu

    ... normal hedge fund products but required investment professionals to invest in private equity, property or other funds that could beat the returns of the stock and bond markets. "All ... said traditional investments in stock markets had been hurt in recent years by the financial crisis, while bond prices had been hurt by concerns over interest rate increases. "This has led ...

  8. Property - International - INDIA

    India paves way for reit market

    Posted Aug 06th 2014, 03:50am by Bloomberg

    ... would be amended, Finance Minister Arun Jaitley said last month, and the stock market regulator is preparing to allow reits to be traded on exchanges, according to Edelweiss Securities. ... Bloomberg in Singapore Real estate investment trusts seen as new source of funds for debt-hit developers and could lead to US$20b of listings Push paves way for reit market India is laying ...

  9. Business - Money - STOCKS

    State media push for equity investing

    Posted Sep 05th 2014, 01:21am by BLOOM

    ... Bloomberg Mainland news services are advocating stock investment in what analysts say is an increased government push to bolster the market State media campaign for equity investing ... in the northeastern city of Harbin, after shifting more than 20,000 yuan (HK$25,100) into shares last week. "Also, our stock market had slumped for so long." Mainland policymakers are trying ...

  10. Property - Hong Kong & China - SHARES

    Swire Properties ADR to trade in U.S. today

    Posted Sep 05th 2014, 02:35pm by Sandy Li

    ... Sandy Li sandy.li@scmp.com The American Depositary Receipts (ADR) of Swire Properties will commence trading in the over-the-counter market in the United States today. In a filing with the stock exchange, it said the number of American Depositary Shares (ADS) registered by the company under the Level 1 programme is 50 million. The Bank of New York Mellon is the sponsor. “The ...




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