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  • August 22, 2014
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  1. Business - Companies - EARNINGS

    Lenovo in 'attack' mode after record market share gains

    Posted Aug 14th 2014, 10:28am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Technology major primed for second-half offensive after record market share gains Lenovo readies market 'attack' on smart devices Chinese technology giant Lenovo is gearing up to launch its new generation of smart devices, after posting strong earnings in the quarter to June on record global market share gains in personal computers, ...

    http://www.scmp.com/business/companies/article/1573353/gains-market-share-drive-23pc-jump-lenovos-earnings
  2. Business - Companies - EARNINGS

    Losses narrow at i-Cable amid continued market challenges

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

    ... 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 ... model, rather than it being a primary, market-disruptive opportunity to take share from TVB and ATV”, the incumbent broadcasters. ...

    http://www.scmp.com/business/companies/article/1567651/losses-narrow-i-cable-amid-continued-market-challenges
  3. Business - Companies - EARNINGS

    SmarTone hit hard by tough mobile market

    Posted Aug 02nd 2014, 01:30am by BIEN PEREZ

    ... year-on-year decline in net profit for the year to June, which showed how lethargic the city's mobile market has been in the past 12 months. In its regulatory filing yesterday, SmarTone said ... could give a much-needed boost to the city's mobile market. That sentiment was echoed on Tuesday by Hutchison Telecommunications Hong Kong chief executive Peter Wong King-fai, who said new ...

    http://www.scmp.com/business/companies/article/1564528/smartone-hit-hard-tough-mobile-market
  4. Business - Companies - EARNINGS

    Coolpad looks overseas to expand smartphone sales

    Posted Aug 21st 2014, 01:22pm by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com The mainland brand aims to provide customised models for network operators in overseas markets, after posting 94pc first-half profit rise Coolpad looks abroad in smartphone push Coolpad, one of the mainland's leading smartphone brands, plans an aggressive expansion into overseas markets and greater online sales as domestic competition ...

    http://www.scmp.com/business/companies/article/1578382/coolpad-looks-overseas-expand-smartphone-sales
  5. Business - Companies - EARNINGS

    Shangri-La unveils new hotel brand 'Jen' as profit leaps 39 pc

    Posted Aug 21st 2014, 01:28am by TIFFANY AP

    ... it will develop a Shangri-La. Shangri-La has been making further inroads in Europe where Asian hotel operators are focusing expansion plans on capturing luxury spending from Chinese travellers going ...

    http://www.scmp.com/business/companies/article/1577991/shangri-la-unveils-new-hotel-brand-jen-profit-leaps-39-pc
  6. Business - Companies - EARNINGS

    SCMP profit buoyed by strong print and online ad sales

    Posted Aug 22nd 2014, 01:21am by BIEN PEREZ

    ... market segments. "By systematically investing in organic and inorganic growth thrusts in the past two years, the group has been able to withstand economic uncertainty while broadening ... business. Its mobile traffic also grew. Hong Kong's advertising market in the quarter to June reached HK$11.2 billion, up 7 per cent from a year ago, according to data from media-monitoring ...

    http://www.scmp.com/business/companies/article/1578738/scmp-profit-buoyed-strong-print-and-online-ad-sales
  7. Business - Companies - EARNINGS

    Peninsula hotel owner sees profit rise by 73 per cent

    Posted Aug 20th 2014, 03:25pm by TIFFANY AP

    ... throw from the Arc de Triomphe and Champs-Élysées and is part of a wider move to attract wealthy Chinese clientele travelling abroad. The hotel will compete directly against other Asian luxury ...

    http://www.scmp.com/business/companies/article/1577695/peninsula-operators-profit-surges
  8. Business - Banking & Finance - EARNINGS

    Huishang Bank net profit up 15.78pc

    Posted Aug 22nd 2014, 10:17am by Enoch Yiu

    ... fees, settlement fees and other financial advisory services. The lender’s shares rose 2 per cent on its Hong Kong market debut, fending off negative sentiment towards mainland city-based ...

    http://www.scmp.com/business/banking-finance/article/1579003/huishang-bank-net-profit-1578pc
  9. Business - Companies - EARNINGS

    Sinofert expects second-half pickup despite over-capacity concerns

    Posted Aug 22nd 2014, 09:41am by Eric Ng

    ... low of HK$3.81 after it warned it would post a 50 to 55 per cent year-on-year first-half net profit drop due to the weak market and an impairment loss of up to 376 million yuan on a 49 per ...

    http://www.scmp.com/business/companies/article/1578981/sinofert-expects-second-half-pickup-despite-over-capacity
  10. Property - Hong Kong & China - EARNINGS

    Poly Property to step up sales drive to meet annual target

    Posted Aug 21st 2014, 03:58pm by LANGI CHIANG AND PEGGY SITO

    ... redouble efforts to sell down its stock of luxury homes through better marketing and more flexible prices, said deputy general manager Ye Liwen. "We had completed yet unsold homes worth 14.5 ... it would continue to explore buying opportunities in Beijing and Shanghai to take advantage of a residential market downturn. Soho recorded a turnover of 4.75 billion yuan as property sales rose 83 ...

    http://www.scmp.com/property/hong-kong-china/article/1578489/poly-property-profit-down-422pc

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