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  • October 25, 2014
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  1. Japanese expat groups in Hong Kong launch fund-raising events

    Posted Mar 15th 2011, 12:00am by Staff Reporter

    ... be channelled into the relief effort,' he said. The school held a minute's silence yesterday and the school flag was at half mast. Teachers were given time to counsel pupils who might have ... 'We still don't know the number of casualties. We have not yet grasped the magnitude [of the incident].' The consulate said it would lower the Japanese flag to half mast ...

  2. Manta shares gain 12pc on HK debut

    Posted Jul 20th 2010, 12:00am by Amanda Lee

    ... Amanda Lee Tower crane trading company Manta Holdings yesterday gained 12 per cent on its debut on the Hong Kong stock exchange. The company, which also trades mast-climbing work platforms, had raised HK$38.1 million, pricing its shares at HK$1 each. Manta operates in Hong Kong, Macau, Singapore and Vietnam. The listing prospectus said the majority of the net proceeds would ...

  3. Big property deals nearly double in first half

    Posted Aug 10th 2012, 12:00am

    ... Angela Che angela.che@scmp.com Sales of investment properties valued above HK$100 million nearly doubled in Hong Kong in the first half of the year, with expectations the momentum will continue for the rest of 2012. A study by property consultant Cushman and Wakefield found that the number of such transactions increased 92.4 per cent to 177 compared with the second half year ...

  4. Sinopec surprises with 41b yuan first-half profit

    Posted Aug 30th 2011, 12:00am

    ... development.' Although Sinopec recorded 12.17 billion yuan (HK$14.8 billion) of first-half operating loss on refining, compared with a profit of 5.7 billion yuan in the corresponding period last year, ... an 11.9 per cent year-on-year rise in first-half net profit to 41.17 billion yuan. Analysts had expected flat performance. The outperformance saw share prices jump 6.7 per cent to HK$7.49. ...

  5. Number of big deals down by half

    Posted Oct 12th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com The number of major property deals completed in the third quarter in Hong Kong dropped more than 55 per cent compared with the previous quarter. Investor appetite was soured by uncertainties over the global economy and tighter c ...

  6. Record first-half profit at BOCHK

    Posted Aug 25th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Bank of China Hong Kong yesterday posted its highest first-half net profit since listing in 2002, but its lending profitability continued to drop because ... and Lehman Brothers minibonds-related recovery. Net interest margin (NIM), a measure of lending profitability, fell 37 basis points year-on-year to 1.21 per cent in the first half. He Guangbei, ...

  7. Chongqing first-half success toasted

    Posted Aug 16th 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Chongqing Rural Commercial Bank says its net profit climbed 34.75 per cent year on year to 2.24 billion yuan (HK$2.7 billion) in the first half of 2011, and has told investors its second-half performance will be even better. CRCB, a big mainland lender to farmers and small businesses, attributed the growth to a strong increase in net interest ...

  8. Price controls keep Sinopec's first-half earnings in check

    Posted Aug 23rd 2010, 12:00am by Eric Ng

    ... China Petroleum and Chemical Corp (Sinopec), Asia's largest oil refiner, reported a small rise in first-half profit on the back of higher oil and gas prices and sales volumes, ... in first-half net profit to 35.46 billion yuan (HK$40.54 billion) from 33.25 billion yuan. The profit is 9.4 per cent higher than the median estimate of 32.4 billion yuan in a survey by Bloomberg of 10 ...

  9. Bankers expect syndicated loans to increase in second half

    Posted Jun 01st 2009, 12:00am by Staff Reporter

    ... Maria Chan Bankers say that with early signs of economic recovery emerging, Hong Kong's syndicated loan market is expected to improve in the second half and that local ... in the second quarter,' Mr Cracknell said. He added there were deals in the pipeline and that the market could be much stronger in the second half. He said there were early signs some banks had ...

  10. CCB first-half profit jumps 50pc on rising fee and interest income

    Posted Jul 11th 2008, 12:00am by Staff Reporter

    ... China Construction Bank Corp, the mainland's biggest property lender, said first-half profit jumped more than 50 per cent from a year ago, helped by higher fee and interest income, ... first-half profit last year was 34.2 billion yuan (HK$38.99 billion), the statement said without giving a figure for the same period this year. 'CCB is one of the few banks that could carry both ...




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