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  1. Index jumps with help from Li Ka-shing firms

    Posted Jul 14th 2005, 12:00am by Carmen Chan

    ... of the company to $100 from $85. The United States brokerage said in a report issued in the morning that the rise in Cheung Kong's target price was based on 'higher sales prices ... to $77.15 after Macquarie Research said in a note to clients that the company's plans to launch 8 Severn Road and Canary West in September and October 'should be a good share price ...

  2. Mega Bloks aims at demolishing Lego's lead

    Posted May 20th 2005, 12:00am by Markus Gaertner

    ... toys producer, is gearing up for a major push by the company in Germany, the world's second-biggest market after the United States. 'We want to reach annual sales [in Germany] of up ... in the country, allowing business rivals to offer construction toys similar to the iconic Lego blocks. Last week, Mega Bloks reported a first-quarter net loss of US$1.2 million, and the company ...

  3. SMIC posts loss as chips down industry-wide

    Posted Apr 30th 2005, 12:00am by Stuart Biggs

    ... Stuart Biggs Company may have to wait until second half to witness a stronger performance Semiconductor Manufacturing International Corp (SMIC) has announced its second consecutive ... SMIC chief executive Richard Chang, 'mainly due to industry softness and a generally tough pricing environment for foundries.' The company recorded four consecutive quarterly profits ...

  4. Chalco on hunt for smelters racking up losses

    Posted Mar 30th 2005, 12:00am by Eric Ng

    ... in the industry. It is part of a 10.5 billion yuan sending spree by the company, the majority of which is earmarked for the expansion of alumina production capacity. Chalco, the nation's dominant ... Yaqing said. Together with the acquisition of a controlling 28 per cent stake in the 160,000-tonne-a-year Lanzhou Aluminium to be completed later this year, the company's total aluminium ...

  5. Mainland telecoms firms prop index as HSBC dips

    Posted Jul 20th 2005, 12:00am by Staff Reporter

    ... telecommunications operators offset a slump in HSBC triggered by worse than expected second-quarter earnings from its bigger rival Citigroup. Investors began taking profit on Sino Land, New World Development ... firms. PICC Property and Casualty rose 2.25 per cent to $1.82 and China Life Insurance added 3.74 per cent to close at $5.55. The latter announced a 91.1 billion yuan interim premium income. ...

  6. CK Life's investment earnings offset operational loss

    Posted Mar 12th 2005, 12:00am by Staff Reporter

    ... and $160.51 million from selling fertiliser and pharmaceuticals. The strong investment earnings helped the company offset a combined operating loss of $74.68 million from selling health and environmental products. 'Looking ahead, we will continue to work hard in improving the quality of life for mankind and to create a better future for us all,' said Mr Li. The company had spent ...

  7. DBS earnings trigger warning

    Posted Apr 30th 2005, 12:00am by Staff Reporter

    ... Kelvin Wong Singapore-based lender posts 27 per cent drop in quarterly profit as loan growth is offset by interest-margin squeeze First-half earnings at Hong Kong's medium and small banks, particularly those that borrow heavily from the wholesale money market, may come under pressure, an analyst warned yesterday. CLSA banking analyst Dominic Chan pointed ...

  8. Lai See

    Posted Jun 30th 2005, 12:00am by Ben Kwok

    ... wheelock chiefs outdo themselves The big wheels at Wheelock Holdings enjoyed a bumper 2004. According to the company's annual report, the remuneration of its highest paid executive- believed ... of company executives outperforming their own company. cabbage patch kids Only time will tell whether Standard Chartered Bank's investment in Korea First Bank will turn sweet or sour. For now, ...

  9. Models galore

    Posted Apr 23rd 2005, 12:00am by Clifford Coonan

    ... 300,000 visitors are expected to attend the biennial show. The talk of the show this week was the announcement by DaimlerChrysler, the world's fifth-biggest marque, that it was in talks ... is a new version of the Chevrolet Aveo, a four-door compact developed in South Korea by GM Daewoo that will be manufactured by the company's Shanghai joint venture, SAIC. It seems well pitched ...

  10. KMB driving Shenzhen Bus towards main-board listing

    Posted Jan 20th 2005, 12:00am by Denise Tsang

    ... Denise Tsang in Shenzhen Growing competition haunts HK operator's largest mainland investment Kowloon Motor Bus Holdings (KMB), Hong Kong's dominant franchised bus company ... zone's public transport monopoly, was destined to float on the main board in Hong Kong but was unlikely to this year, Mr Chan said. 'Since the company is formally [being] established today, ...




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