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  • September 3, 2014
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  1. News - Hong Kong

    Is it up, up and away for ‘Superman’ Li Ka-shing?

    Posted Oct 10th 2013, 12:00am by Denise Tsang

    ... Denise Tsang Denise.tsang@scmp.com The actions of Asia's richest man have long been scrutinised, but are his latest deals an indication that his time in the city is nearing its end? Up, up and away? Wherever he goes - from the Deep Water Bay golf course he plays at dawn to the iconic Cheung Kong Center headquarters where he cuts deals - one question follows Li Ka-shing ...

  2. Business - China Business - CURRENCIES

    Pearl River manufacturers brace for stronger yuan

    Posted Sep 30th 2013, 12:00am by Denise Tsang

    ... Denise Tsang in Nansha denise.tsang@scmp.com Pearl River manufacturers brace for stronger yuan Italian car parts maker Util has seen the yuan appreciate considerably against the US dollar since it set up a factory in the Pearl River Delta six years ago. Although there was a lull in appreciation between 2008 and 2010, when mainland exporters were battered by the global financial ...

  3. Business - Companies - ANALYSIS

    Rethink needed amid ports slump

    Posted Aug 02nd 2013, 12:00am by Denise Tsang

    ... Denise Tsang Denise.tsang@scmp.com Downturn in key markets and shift of factories to Southeast Asia spell tough times for sector Rethink needed amid ports slump Conglomerate Hutchison Whampoa's disappointing performance in its port business in Guangdong and Hong Kong underlines a worrying prospect for trade flow in the 'factory of the world', according to industry ...

  4. Yata shows appetite for New Territories

    Posted Dec 21st 2010, 12:00am by Denise Tsang

    ... Yata, the Japanese department store of Sun Hung Kai Properties, is scouting the northern New Territories for sites to open new stores in an attempt to avoid competition and punishing rents in prime areas. Daniel Chong Wai-chung, the managing director of Y ...

  5. Li & Fung expands in US with takeover of Oxford Apparel

    Posted Nov 24th 2010, 12:00am by Denise Tsang

    ... Trading firm Li & Fung has agreed to take over American branded goods producer Oxford Apparel in a US$121.7 million deal, which will enlarge the group's portfolio in the United States. Li & Fung executive director Bruce Rockowitz said yesterd ...

  6. Airlines frustrated over flight delays owing to heavy air traffic

    Posted Oct 25th 2010, 12:00am by Denise Tsang

    ... Flight delays as a result of poor air traffic control on the mainland are 'a real concern' for airlines and passengers, Cathay Pacific Airways chief operating officer John Slosar said. The air traffic control problem worsened this year as the co ...

  7. Glorious Property sets price range for IPO

    Posted Sep 14th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Shanghai residential developer Glorious Property Holdings is looking to raise up to US$1 billion in a Hong Kong listing after fixing the indicative price range for its initial public offering at HK$4 to HK$5.30 per share. Company sources say four strategic investors have been lined up - a unit of Shanghai Industrial Holdings, which has committed to US$50 million worth ...

  8. Everbright Securities fixes IPO price range

    Posted Aug 03rd 2009, 12:00am by Denise Tsang

    ... Denise Tsang Shanghai A-share candidate China Everbright Securities has fixed an indicative price range of 19 yuan (HK$21.55) to 21.08 yuan per share for its initial public offering, which would see it raise up to 10.96 billion yuan. In the mainland's first listing for a brokerage in nearly seven years, the group says the price range represents a price-earnings ratio of 44.19 ...

  9. HK factories swept up in wave of pay rises

    Posted Jun 16th 2010, 12:00am by Denise Tsang

    ... Hong Kong industrialists with operations in the Pearl River Delta have raised wages and improved working conditions to bolster labour ties, fearing that the recent wave of worker unrest will spread throughout the 'factory of the world'. Federati ...

  10. Corruption threatens safety in toy factories

    Posted Jul 10th 2010, 12:00am by Denise Tsang

    ... Rampant corruption is undermining safety standards in the mainland's toy factories, which feed 80 per cent of global demand. According to Hong Kong owners of factories across the border, auditors employed to enforce standards are receiving bribes to ...




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