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  • April 16, 2014
  • Last updated: 1:23pm
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Results 1 - 10 of 140 for financial centre

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  1. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Mainland's largest listed internet company pledges to work with central bank to ensure online financial services are better regulated Tencent backs push ... for the mainland's nascent internet financial services market and help it expand. The conciliatory and pragmatic approach taken by Tencent over recent efforts by the People's Bank of China to strictly ...

  2. Business - Banking & Finance - EARNINGS

    BEA beats rivals with impressive financial results

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

    ... Kanis Li kanis.li@scmp.com Clean balance sheet and good growth makes BEA the stand-out bank in this results season BEA beats rivals with impressive financial results Bank of East Asia ... of June to 0.39 per cent to the end of December. Core tier one capital improved to 11.4 per cent from 10.4 per cent. The clearest sign of the rising risks in the mainland financial system emerged ...

  3. Business - Companies - EARNINGS

    Prada expects sales to slow as demand in Europe eases

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

    ... in Europe. Same-store sales would rise at a "low single-digit" pace during this financial year to January, Milan-based Prada said yesterday, lower than last year's 7 per cent increase. ... it saw "strong growth" for the category in the medium term. Meanwhile, its Miu Miu brand would open about 70 stores in the same period. Net income in the past financial year rose 0.3 ...

  4. Business - China Business - EARNINGS

    Shimao Property seals mortgage loan deal with banks

    Posted Mar 26th 2014, 06:34am by Sandy Li, Langi Chiang

    ... "With such a financial arrangement with banks, it will help to speed up our sales as our customers will manage to secure housing loans more easily." The firm has raised its annual sales ... properties to shore up cash flow to finance construction costs and land premiums and reduce debt. He said Shimao would build more "mini" shopping centres and hotels instead of large ...

  5. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

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

    ... 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 ...

  6. Business - Banking & Finance - EARNINGS

    Dah Sing Bank taps market for cash after profit increases

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

    ... billion through a rights issue. Parent company Dah Sing Financial, which holds a 74.59 per cent stake and focuses on the life insurance business, said its net profit climbed 15.1 per cent ... fell to their lowest in six months yesterday. Dah Sing Bank fell 6.17 per cent to close at HK$11.26 while Dah Sing Financial dropped 8.89 to HK$32.30. "Dah Sing may speed up its plan ...

  7. Business - China Business - EARNINGS

    Tenwow targets rural markets on mainland after profit jumps 29.7pc

    Posted Mar 26th 2014, 06:34am by Keira Lu Huang

    ... village in China." Chief financial officer Boris Lam Hang said the company would invest 200 million yuan in expanding production this year, with a further investment of up to 400 million yuan ... 26 per cent worse than the market had expected. The company described its financial and operational performance as "disappointing" and said it expected another loss this year. ...

  8. Business - China Business - EARNINGS

    China Life Insurance gears up to tackle slowing market

    Posted Mar 27th 2014, 12:58am by Kwong Man-ki

    ... The company would also look for investment opportunities in overseas equities markets, chief financial officer Yang Zheng said, adding that fixed-income investment would remain a major part ...

  9. Property - Hong Kong & China - EARNINGS

    Hopson Development profit soars but still underperforms

    Posted Mar 28th 2014, 01:41am by Langi Chiang

    ... by its rivals, Hopson saw a 3.2 per cent decline in contracted sales, while its average selling price dipped 0.3 per cent. Chief financial officer Xie Baoxin attributed the underperformance ...

  10. 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

    ... opportunities for the bank this year despite a slowdown in the country's economy. "[The] large demand for financial services stimulated by accelerated new urbanisation will bring great ...




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