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  • July 13, 2014
  • Last updated: 6:57pm
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  1. Business - China Business - EARNINGS

    CRE feels effect of economic slowdown

    Posted May 27th 2014, 01:34am by Sophie Yu

    ... in same-store sales in the quarter. Phillip Capital Management director Louis Wong Wai-kit said it was easy to blame slow economic growth but he believed the company's problem lay in its execution. ...

  2. Business - Money - EARNINGS

    HKEx shareholders benefit from commodities and new listings

    Posted May 09th 2014, 01:14am by Enoch Yiu

    ... with funds raised up 463 per cent to HK$46 billion. Average daily turnover on the main board fell 5 per cent to HK$55.1 billion. Ben Kwong Man-bun, director and head of research of KGI Asia, said ...

  3. Business - Banking & Finance - EARNINGS

    Tough road ahead for HSBC as first quarter 2014 profits down 20pc

    Posted May 08th 2014, 01:15am by Jeanny Yu

    ... quarter, as the carrying value of Bocom starts to exceed a cap by internal accounting standards, HSBC finance director Iain Mackay said yesterday. Bocom contributed US$1.9 billion or nearly 8 per ...

  4. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

    Posted Apr 02nd 2014, 05:47am by Sandy Li

    ... with three former Midland directors. Apex has appointed Vincent Chan Kwan-hing, a former executive director of the residential department at Midland, as its residential consultant. The move came ... executive director, as financial consultant. Mau said Midland's rebates shot up nearly 82 per cent to HK$311 million in the second half of last year. "Incentives to buyers went up ...

  5. Business - Companies - EARNINGS

    Prada expects sales to slow as demand in Europe eases

    Posted Apr 03rd 2014, 05:16am by Bloomberg

    ... "All in all, a bit underwhelming," said Rahul Sharma, the managing director of Neev Capital in London. "I do sense some waning in the newness, coupled with a significant increase ...

  6. Business - China Business - EARNINGS

    China Southern net down 24pc as perks face cuts

    Posted Apr 01st 2014, 01:20am by Keira Lu Huang

    ... yesterday. In January, the Ministry of Finance issued a revised regulation specifying that all department or bureau-level directors should fly economy class on business trips. "This new ...

  7. Property - Hong Kong & China - EARNINGS

    Nan Fung finds ways to reduce construction costs

    Posted Apr 01st 2014, 02:49pm by Yvonne Liu

    ... Wun-hing, the company's managing director, said: "Construction costs have surged from HK$1,000 to at least HK$3,000 to HK$4,000 per square foot over the past few years. "About 50 per ...

  8. Property - Hong Kong & China - EARNINGS

    Wheelock sticks to property sales target of HK$10b

    Posted Mar 29th 2014, 01:14am by Peggy Sito

    ... Directors declared a dividend of 65 HK cents a share, bringing the full-year dividend to HK$1, down from HK$1.10 in the prior year. There are different views on the outlook for the city’s housing ...

  9. Business - China Business - EARNINGS

    Weaker demand and competition hit China Eastern

    Posted Mar 28th 2014, 01:40am by Keira Lu Huang

    ... optimistic about the low-cost carrier market … there is a big potential LI YANGMIN, DIRECTOR, CHINA EASTERN China Eastern said this year it aimed to work with e-commerce firms to build up a logistic ... already entered a pragmatically preparatory stage," Li Yangmin, the company's executive director and vice-president, said at a results briefing yesterday. Air China, which also suffered ...

  10. Property - Hong Kong & China - EARNINGS

    Battle for control looms over Midland amid record loss since listing

    Posted Mar 29th 2014, 01:14am by Sandy Li

    ... on matters including appointment or removal of directors and accountants as well as other corporate decisions. Wong blamed the poor results on increasing competition in the sector, rising costs ...




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