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  • July 11, 2014
  • Last updated: 12:18am
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  1. Shui On Land earns 1.6b yuan from sales and stake disposal

    Posted Aug 23rd 2008, 12:00am by Sandy Li

    ... Aloysius Lee, the managing director for commercial development, said the firm earned 800 million yuan in revenue from property sales, but it was not booked in the first half of this year. Also, the company expects to record a net gain of about 800 million yuan from selling a 25 per cent stake in its Chongqing project to Winnington Capital, a private equity fund. Shui On announced the deals ...

  2. BEA earnings dive 52pc as crisis bites

    Posted Aug 06th 2008, 12:00am by Staff Reporter

    ... slump in first-half earnings and forecast a difficult period ahead for the world economy. The stock dropped as much as 12.15 per cent after the earnings announcement missed analyst forecasts ... reported a 29.1 per cent slide in net earnings for the first half. BEA's net profit was HK$894 million, compared with HK$1.88 billion in the first half of last year. Most analysts were ...

  3. Li Ning earnings rise 68pc on Olympic Games bonanza

    Posted Aug 28th 2008, 12:00am by Staff Reporter

    ... cent growth in first-half net profit yesterday. But some analysts say turnover is likely to slow, now that the Games is over, and they question whether there is room for the company to expand ... and improve store efficiency to achieve rapid and sustainable growth of the core business under the Li Ning brand,' the company said in a filing with the Hong Kong stock exchange. Unquestionably, ...

  4. Fulbond shares climb 9.5pc on car-making plan

    Posted Feb 08th 2011, 12:00am by Toh Han Shih

    ... Toh Han Shih Shares of Fulbond Holdings jumped 9.5 per cent to 2.3 HK cents in heavy trading yesterday after the loss-making timber company announced plans to invest at least 3.1 billion yuan (HK$3.66 billion) to reinvent itself as a maker of electric vehicles. More than 2.81 billion Fulbond shares were traded. Fulbond said in a Hong Kong stock exchange announcement yesterday ...

  5. Lenovo plots own strategy to win mobile device battle

    Posted Feb 19th 2011, 12:00am by Staff Reporter

    ... Yang sees a mighty challenge for Lenovo's mobile devices outside China, where the company lacks a wide distribution network, mobile applications and high brand recognition. Bringing ...

  6. Cathay warns first-half earnings will disappoint

    Posted Jul 03rd 2008, 12:00am by Charlotte So

    ... earnings scheduled to be released on August 6 would be 'disappointing'. The first warning came in 2003, when passenger volumes thinned for almost four months following an outbreak ... cause full-year earnings to slide as much as 77 per cent, analysts said. While carriers worldwide are passing surging oil costs on to their customers through fuel surcharges, Hong Kong is one ...

  7. Baidu plans social-networking expansion

    Posted Feb 02nd 2011, 12:00am by Staff Reporter

    ... Bien Perez Mainland internet search giant Baidu wants to expand its social networking-related services and may pursue a separate listing for online video company, Qiyi.com, to further grow its business in the world's largest internet market. Chairman and chief executive Robin Li Yanhong revealed those plans yesterday after Baidu reported a nearly threefold growth in net ...

  8. Lenovo PC shipments surge 37pc for year

    Posted Jan 14th 2011, 12:00am by Staff Reporter

    ... by replacement purchases,' Kitagawa said. Lenovo chief executive Yang Yuanqing said in November last year that 'balanced growth' across all geographic markets was key to the company ... and mobile handset sales of US$5.8 billion. The company's ThinkPad and IdeaPad lines of laptop computers continued to account for the bulk of its sales, generating 60 per cent of its total ...

  9. Business - Money - THE INSIDER

    Earnings reports spur surge in deals, with buyers at the fore

    Posted Mar 31st 2014, 05:27am by Robert Halili

    ... ROBERT HALILI Robert.halili@scmp.com Transactions rise for second week, swelling to HK$793m, with Lee Shau-kee the top spender Earnings reports spur surge in deals, with buyers at the fore Results announcements results helped boost insider activity for the second straight week, with 235 transactions worth HK$793 million, filings to the stock exchange show. The figures were sharply ...

  10. Yip's Chemical shake-up finds favour with investors

    Posted Dec 10th 2010, 12:00am by Amanda Lee

    ... profit for the current year declined 25 per cent despite a growth in revenue of 36 per cent as gross operating margins slipped. The company is now trading at 15 times historical earnings ... gone public, the company went through a restructuring which saw its founder Ip Chi-shing step down as chief executive as part of a management shake-up. Since then, its share price has surged ...




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