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  • August 30, 2014
  • Last updated: 11:48pm
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  1. Business - Companies - PROPERTY

    Chinese Estates profit down 42.5pc

    Posted Aug 28th 2014, 03:47pm by Peggy Sito

    ... was recorded, chairman Lau Ming-wai said in the results announcement filed with the Hong Kong stock exchange on Thursday. Lau was appointed chairman in March when his father, Joseph Lau Luen-hung, resigned from the post after being convicted in Macau of bribing officials and money laundering. An appeal against the verdict, filed by Joseph Lau, had been accepted by the Court of First Instance ...

  2. Business - Commodities - EARNINGS

    Chalco shares take a beating on poor results

    Posted Aug 29th 2014, 12:48pm by Eric Ng

    ... shareholder value Vanessa Lau, Sanford Bernstein senior analyst The second-quarter loss was also 26 per cent higher than that estimated by Sanford Bernstein senior analyst Vanessa Lau. First-half ... in a manner that would not maximise shareholder value, especially with their recent announcement that they would restart at least 400,000 tonnes a year of smelting capacity,” said Lau in a research ...

  3. Business - Companies - AVIATION

    Revenue boost for two mainland aviation firms on helicopter sales

    Posted Aug 26th 2014, 02:57pm by SIJIA JIANG

    ... and net attributable profit of 152.6 million yuan, up 17.75 per cent and 16.91 per cent, respectively. Both companies manufacture helicopters and aviation parts and components. Kelvin Lau ... expectations for the period were low, we were expecting at least flat growth for net recurring profits," Lau said. "We believe the positive sentiment on potential positive policies likely ...

  4. News - China

    How China's flood of credit went down the drain

    Posted Aug 20th 2013, 12:00am by Daniel Ren, Mimi Lau

    ... Daniel Ren in Shanghai and Mimi Lau in Guangzhou Five years after Beijing's launch of a huge loans package amid the global financial crisis, there are mountains of bad debt that may never be repaid Credit flood down the drain When Beijing reacted to the 2008 financial crisis with a massive stimulus package, businesses in the infrastructure space saw an opportunity to cash ...

  5. Business - Commodities - ENERGY

    State firms seek tech help to tap China shale gas

    Posted Aug 25th 2014, 03:33am by Eric Ng, BIEN PEREZ

    ... similar tie-ups but is tapping alliances with drilling services providers that cooperate closely with foreign firms. Sinopec chairman Fu Chengyu met Martin Lau Chi-ping, the president of internet ...

  6. Business - Companies - COMPETITIONS

    Waterless face wash wins NZ girls top contest award

    Posted Aug 23rd 2014, 01:06am by JUNE SUN

    ... of business," said Vivian Lau, the president of JA Asia Pacific, a non-governmental organisation empowering and educating young people that reaches 10.2 million students annually in 121 countries. ...

  7. Business - Commodities - industry

    Beijing faces battle to rein in overcapacity and reform industries

    Posted Aug 20th 2014, 01:34am by Eric Ng

    ... tracked by the association, 20 are in the red, nine are close to breaking even and more than half have cut or delayed paying salaries. UOB Kay Hian Securities senior analyst Helen Lau said local ... it would exacerbate the economic slowdown, which is not what Beijing wants to see either," Lau said. But Francis Lun Sheung-nim, the managing director of Lyncean Securities, said if Henan ...

  8. Business - Commodities - EARNINGS

    Maanshan sees first-half loss more than double to 730.27m yuan

    Posted Aug 20th 2014, 10:08am by Enoch Yiu and Eric Ng

    ... risk will keep rising.” Sanford Bernstein senior analyst Vanessa Lau said the second-quarter net loss of 285 million yuan – compared with a profit of 54 million yuan in the same quarter last ...

  9. Business - Economy - STOCKS

    Hang Seng Index hits 6-year high to close above 25,000 despite notes of caution

    Posted Aug 19th 2014, 11:45pm by Ray Chan, Denise Tsang, Eddie Lee

    ... GDP growth at just 6.8 per cent. Kelvin Lau Gin-yip, a strategist at the Hong Kong branch of Bank of Communications, said steady stock market rises could stimulate consumption as people felt ...

  10. Business - Companies - RETAILING

    Giordano net profit falls as clothing fails to impress

    Posted Aug 15th 2014, 01:09am by TIFFANY AP

    ... chief executive Peter Lau Kwok-kuen. "In Singapore, the sales drop was really substantial. The merchandise we brought into Singapore for last several seasons was a little bit too fancy ... of the year is cautious due to a slowdown in spending on the mainland. "It's going to be fairly painful for many retailers," Lau said. "On one hand, you're not riding on high ...




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