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  • July 12, 2014
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  1. Business - Money

    SEC likes company updates on Facebook

    Posted Apr 04th 2013, 12:00am by Bloomberg

    ... on Tuesday permitting companies to use social media sites, including Facebook and Twitter, to communicate company announcements. The guidance came as part of a report detailing its investigation ... Bloomberg in Washington Commission endorses use of social media to post results but advance notice needed SEC likes company updates on Facebook Companies in the United States will be able ...

  2. Brokerage earnings soar after rebound

    Posted Oct 16th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Three mainland brokerages have reported soaring third-quarter earnings, thanks to the buoyant stock market, an initial public offering bonanza and a low base last year. The rosy performance by the medium-sized securities firms heightened investor expectations for the other seven A-share brokerages. Northeast Securities earned 148 million yuan (HK$167.96 ...

  3. Net connectivity company to base operations in HK

    Posted Apr 27th 2004, 12:00am by Danyll Wills

    ... director of iPass Steve Terry said the decision to move from the company's old regional base in Singapore had been easy. 'We thought it made excellent business sense to move our Asia-Pacific headquarters to Hong Kong and, of course, it made sense geographically,' he said last week. Cost was even less of an issue as the company employs only six people to manage its ...

  4. Merchants Bank sees earnings plunge 61pc

    Posted Apr 25th 2009, 12:00am by Staff Reporter

    ... nine months from the full-year earnings. 'The bank's earnings will be under pressure this year, as credit demand weakens and the capital market remains turbulent,' the bank said ... on deposits and its earnings on loans, widened 0.31 percentage point to 3.42 per cent. Nomura Securities said Merchants Bank would benefit from fewer interest rate cuts this year and sharper loan ...

  5. Business - Companies - ACQUISITIONS

    Cash hoard spurs buying spree by US chipmakers

    Posted Jul 04th 2014, 01:41am by BLOOM

    ... Integrations, whose outsourced manufacturing would make them easy to fold into another company, Raymond James Financial said. With earnings becoming more consistent and expenses declining, semiconductor companies have seen cash reserves swell and may now have a chance to spend that money on deals, according to Nomura, which also said stock rallies that followed deal announcements were incentives ...

  6. CCB upbeat on lending growth despite 30pc fall in earnings

    Posted Mar 28th 2009, 12:00am by Staff Reporter

    ... Natalie Chiu and Maria Chan China Construction Bank Corp (CCB), which posted a 30 per cent drop in fourth-quarter earnings yesterday, said it would maintain lending growth at 16 per cent ... a senior analyst at Core Pacific-Yamaichi, said the bank was likely to report again an earnings decline in the first quarter. 'The big jump of impairment charges is partly because the mainland ...

  7. Strong result for Cheung Kong

    Posted Mar 30th 2011, 12:00am by Peggy Sito

    ... square feet of gross floor area. But he declined to comment when asked if he would buy company shares today after the results announcement. Cheung Kong's shares rose 0.5 per cent to HK$122.50 yesterday before the earnings announcement. The stock gained 2.2 per cent so far this year and is the second-best performer in the Hang Seng Property Index. Room to grow Globally, Cheung ...

  8. Petrochemical firms face earnings pressure amid weakening demand

    Posted Feb 09th 2009, 12:00am by Eric Ng

    ... Eric Ng Mainland petrochemical company profit margins will come under further pressure this year and next as falling foreign and domestic merchandise demand continues to take a hefty toll ... but remains 62 per cent below its peak. To stem losses, Sinopec Shanghai said it had curtailed chemical output by 30 per cent from its normal level. Company secretary Zhang Jingming said the operating ...

  9. Li gets numbers right as 3G finally brings home a profit

    Posted Mar 30th 2011, 12:00am by Paggie Leung

    ... Paggie Leung A relieved Li Ka-shing announced his company Hutchison Whampoa was increasing its dividend payout for the first time in a decade after its 3G mobile-phone unit made its first ... year before interest expenses and taxation- its first full-year positive earnings and a marked turnaround from its loss of HK$8.92 billion in 2009. The figure included two one-off gains: ...

  10. In Brief

    Posted Mar 31st 2011, 12:00am by Staff Reporter

    ... yesterday reported hefty gains last year on strong domestic demand and exports. The Guangdong-based company said net profit last year jumped 204.3 per cent to 632.35 million yuan (HK$749.97 million) ... earnings Shui On Construction and Materials (Socam) yesterday said net profit rose 12 per cent to HK$903 million last year, largely driven by property sales. Turnover soared 151 per cent to HK$8 ...




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