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  • September 19, 2014
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  1. Sino Land profit dives on drop in revaluation gains

    Posted Sep 10th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Sino Land, the sixth-largest developer in Hong Kong, yesterday said net profit dropped 52 per cent to HK$3.73 billion for the financial year to June because of a decline in revaluation gains on investment properties. Underlying profit, excludin ...

  2. China Shipping earnings dive 80.7pc as rates slide

    Posted Aug 21st 2009, 12:00am by Charlotte So

    ... Charlotte So China Shipping Development saw its net profit dive 80.7 per cent in the first six months of this year as freight rates for coal and oil slumped, but the company said it expected profit to improve this half. The company, the mainland's biggest coastal energy shipper, said it had invested in clean energy development in a nation thirsty for energy. China ...

  3. Brilliance dives after BMW purchases ruled out

    Posted Jun 20th 2009, 12:00am by Kandy Wong

    ... Kandy Wong Shares of Brilliance China Automotive Holdings, which has a joint venture with Bayerische Motoren Werke, fell 8.93 per cent yesterday after the government told state media it had no plans to buy BMW cars for official use. Shenyang-based Brillia ...

  4. Melco dives after partner reports VIP chip sales drop

    Posted Sep 12th 2008, 12:00am by Staff Reporter

    ... Neil Gough Shares in Lawrence Ho Yau-lung's Melco International Development fell yesterday after the Macau casino investor's VIP gambling junket partner reported a plunge in business from high rollers. Amax Entertainment Holdings, whose junket a ...

  5. FAW profits dive on costs, price war

    Posted Jul 22nd 2005, 12:00am by Eric Ng

    ... Eric Ng Steel prices and margin squeeze blamed for sharp fall in earnings to 18 million yuan in the first half China's second-largest vehicle maker, FAW Group, saw first-half net profit plummet drastically as higher steel and other material costs and ...

  6. TCL expects a troubled last quarter as sales dive

    Posted Dec 22nd 2004, 12:00am by Staff Reporter

    ... Sidney Luk Mainland figures fall 58 per cent year on year in November, while stock drops China's second-biggest mobile handset maker, TCL Communication Technology Holdings, expects to post a fourth-quarter loss due to plunging domestic sales last mon ...

  7. TCL expects bad quarter as sales dive

    Posted Dec 22nd 2004, 12:00am by Staff Reporter

    ... SIDNEY LUK China's second-biggest mobile handset maker, TCL Communication Technology Holdings, expects to post a fourth-quarter loss due to plunging domestic sales last month. The company, which previously announced its third quarter had been 't ...

  8. CIMC to add assets to listed unit

    Posted Sep 11th 2008, 12:00am by Carol Chan

    ... Carol Chan China International Marine Containers (Group), the country's largest shipping container maker, said it planned to inject an HK$8.5 billion tank equipment business into its Hong Kong-listed unit Enric Energy Equipment Holdings. The Shenzhen-listed firm last night said it would sell its 100 per cent stake in Sound Winner Holdings and an 80 per cent stake ...

  9. 4G services coming to the mainland

    Posted Feb 24th 2009, 12:00am by Staff Reporter

    ... telecommunications equipment suppliers are taking part, will progress to full trials in the second half of the year on the mainland and in India and Europe, according to a joint announcement by China Mobile, Vodafone and Verizon. A range of chipset suppliers, including Ericsson and Qualcomm, are already developing equipment capable of supporting the frequency division duplex (FDD) and TDD versions ...

  10. China Automation's licences for signalling gear give it an edge

    Posted Mar 13th 2009, 12:00am by Toh Han Shih

    ... from US$30 billion in the past five years. Spending on transport equipment, including rolling stock, will leap to as much as US$130 billion from US$40 billion, it says. Such figures make the mainland rail equipment and systems market the world's biggest and a huge draw for private and foreign firms. But breaking into the industry for a slice of the pie is a different story. ...




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