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  1. Long-haul passenger Air China may want upgrade from economy

    Posted Jun 10th 2006, 12:00am by Staff Reporter

    ... COMFORT WAS ONE of the key issues at yesterday's press conference on Cathay Pacific Airways' co-operation with Air China. The issue isn't the seat pitch in economy class but the level of Air China's ownership in Cathay. Air China, together with its subsidiary China National Aviation Co (CNAC), will hold 17.5 per cent of Cathay after the deal, leaving Britain's ...

  2. Increasing optimism for local, global economies sees rebound in confidence

    Posted Apr 17th 2012, 12:00am

    ... the Hang Seng Index to trade between 22,001 and 26,000 by the end of September. Emerson Yip, investment manager with the bank's Greater China team, said Chinese companies and banks would ... and Commercial Bank of China yesterday, should not overshadow the stock performance of mainland banking stocks. He argued that global banks had already sold half their stakes in mainland banks and said ...

  3. Sharper focus on mainland economy could lift red chips

    Posted Oct 09th 2003, 12:00am by Staff Reporter

    ... more on the flourishing mainland economy. Funds are beginning to look for market laggards as investors rotate out of industrials, property and banking counters, which have made sizeable gains ... gaining just 28.96 per cent since the start of the year, compared with the 74.16 per cent jump in H-share companies, which focus solely on the mainland economy. Analysts blame the corporate ...

  4. Resilient US economy gives blue chips a boost

    Posted Sep 08th 2005, 12:00am by Staff Reporter

    ... to 15,224.57. China Mobile contributed the most to the index gains, rising 1.3 per cent to $34.95, followed by HSBC, which drew some support from the fact that the US Institute for Supply ... economy even before Katrina hit, as indicated by the ISM manufacturing index and a Chicago activity index last week. HSBC, which derives about 33 per cent of its revenues from the US, gained 0.47 ...

  5. Global oil price surge won't hurt mainland economy, say analysts

    Posted Oct 27th 2004, 12:00am by Staff Reporter

    ... Bei Hu in Shanghai The mainland economy and corporate earnings will not suffer too much from soaring world oil prices, despite China being a large importer of oil, analysts say. Instead, ... However, the negative impact is being mitigated by the fact China still relies on coal for about 60 per cent of energy consumption, Mr Fan said at a funds conference in Shanghai yesterday. Higher ...

  6. Half of fund managers see global economy bottoming out this year

    Posted Jan 09th 2009, 12:00am by Nick Westra

    ... Wong Ka-chun and Nick Westra About half of international fund managers expect the global economy to bottom out in the second half of this year, thanks to the recent rebound in stock ... firms in Hong Kong, Singapore and Malaysia, said investors hoped the mainland's robust economic growth could help the global economy avert a recession. About 61 per cent of the respondents ...

  7. Cautious optimism for economy's road to recovery

    Posted Sep 18th 2003, 12:00am by Chris Chapel

    ... profits. He says a rebound in property prices will, if sustained, tip the balance of the local economy well toward recovery. 'Once we see a slight pickup in property prices, or people's ... holding back the economy.' According to Mr Leung, the negative wealth effect of low property prices, including the more than 100,000 homes in negative equity, has been acting as a dampener ...

  8. Battle over China Gas takes new turn

    Posted Aug 03rd 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com The reinstatement by China Gas Holdings of former managing director Liu Minghui as a non-executive director, and his likely reappointment as an executive ... brokerage's analyst who covers China Gas but asked not to be named due to company policy. Liu was managing director from July 2002 to January last year when he was removed, after it was revealed ...

  9. Buy-back plan gives Soho China a boost in HK

    Posted Jun 29th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Hong Kong-listed mainland developer Soho China is planning to buy back up to US$200 million worth of shares, saying its share price doesn't reflect ... for the continued growth of the group's operation.' As of the end of last year, Soho China, which focuses on commercial property development in Beijing and Shanghai, had a total cash and bank ...

  10. Firms square off over China Gas

    Posted Jun 18th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com The battle for the control of China Gas, one of the mainland's largest piped-gas suppliers, with 151 projects, is heating up as a key July 6 deadline looms. Since a consortium comprising ENN Energy, a smaller rival of China Gas, and Sinopec, China's No 2 oil firm, revealed an unsolicited US$2.2 billion bid for the company ...




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