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  • April 24, 2014
  • Last updated: 2:52am
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  1. Business - China Business - EARNINGS

    Unicom's 74 pc profit jump beats estimates

    Posted Apr 18th 2014, 01:17am by Sophie Yu

    ... the long-awaited licence for operating on the FDD-LTE standard this year. "We've been actively in touch with the related department," president Lu Yimin said. "Though ...

  2. Business - Banking & Finance - EARNINGS

    ICBC profit climbs 10.2 per cent on fees, high net interest margins

    Posted Mar 28th 2014, 01:40am by Zhang Hong

    ... and the Bohai Rim were the main regions that saw relatively large increases in non-performing loans. ICBC is the third of China's Big Four banks to report its earnings so far. Its shares closed ...

  3. Business - Banking & Finance - EARNINGS

    Bank of China (Hong Kong) flags cut to dividend payout ratio

    Posted Mar 27th 2014, 12:58am by KANIS LI

    ... "I don't expect more banks to follow. And BOCHK has a relatively higher payout than the others in the past." The sole yuan clearing bank in the city, BOCHK said yuan business ...

  4. Business - China Business - EARNINGS

    China Mobile's earnings fall 5.9pc, ending 14-year run of profit growth

    Posted Mar 20th 2014, 01:39pm by Sophie Yu

    ... cent to 225.2 billion yuan, a third of which will be spent on 4G-related business. Subsidies on handsets will increase to 34 billion yuan, compared with 26.3 billion yuan in 2013. "It ...

  5. Business - Companies - EARNINGS

    Luxury menswear group Trinity cautious amid China economic slowdown

    Posted Mar 15th 2014, 01:54am by TIFFANY AP

    ... Yat-ming, adding first-quarter same-store sales growth was relatively soft. Profit for its five menswear brands fell 42.9 per cent year on year to HK$308.2 million last year. Revenue dropped 3.7 per ...

  6. Business - Banking & Finance - EARNINGS

    BEA beats rivals with impressive financial results

    Posted Mar 10th 2014, 05:59am by KANIS LI

    ... picks for investors who are focused on the contribution of mainland-related operations to topline growth. Investors are focused more on the opportunity for growth in the mainland market rather ...

  7. Business - Banking & Finance - EARNINGS

    Wing Hang Bank increases net profit 21.3pc to record HK$2.19 billion

    Posted Mar 06th 2014, 01:05pm by KANIS LI

    ... Fung said he expected it to remain stable this year. Outstanding loans grew 18.6 per cent, while deposits rose 9.3 per cent. Wing Hang said its strategy would remain focused on yuan-related ...

  8. Business - Companies - EARNINGS

    Exchanges operator HKEx's earnings growth of 11pc trails market estimates

    Posted Feb 26th 2014, 01:28pm by Enoch Yiu

    ... turnover brought in more trading and settlement fees from investors, boosting the bourse's revenue by 21 per cent to HK$8.72 billion. This was offset by amortisation costs and expenses related ... cent from a year earlier to HK$507 million. Spending related to LME and information technology development saw expenses balloon 42 per cent to HK$2.78 billion. Legal fees rose 170 per cent ...

  9. Business - Commodities - EARNINGS

    Vale in record loss on tax deal and write-down

    Posted Feb 28th 2014, 01:10am by BLOOM

    ... and streamline operations to boost profitability. Having settled the tax dispute, the firm still faces uncertainties related to the Chinese economy, said Daniel Rohr, an analyst at Morningstar. ...

  10. Property - Hong Kong & China - EARNINGS

    Lack of developments a drag on Sino Land's net profit

    Posted Feb 27th 2014, 01:35am by Peggy Sito

    ... year. Ng said Hong Kong's property market "continues to change as a result of economic and property-related policies". With a sound financial position, the company ...




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