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  • August 23, 2014
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  1. Business - Companies - RETAIL

    Profit drop hits Xtep stock

    Posted Aug 21st 2014, 04:10pm by TIFFANY AP

    ... per share. At 4pm, the stock was trading at HK$3.33. Like its sportswear peers, the company has been overhauling its distribution model after years of overexpansion resulting in distributors ... (HK$71.4 million) to 284.2 million yuan, mainly due to increased spending in advertising and promotions. The company put in 267.1 million yuan into advertising and promotional expenses, up 77.8 ...

    http://www.scmp.com/business/companies/article/1578493/profit-drop-hits-xtep-stock
  2. Business - Money - STOCKS

    Cost of raising a child sinks hopes for China's baby-boom stocks

    Posted Aug 22nd 2014, 01:21am by BLOOM

    ... stock-market wagers on a baby boom in China reached record levels, the bets have turned into some of the nation's biggest losers as living costs deter couples from having more than one child. While milk-powder producers Biostime International and Yashili International surged to record highs after the Communist Party relaxed its one-child policy last November, the stocks have lost ...

    http://www.scmp.com/business/money/markets-investing/article/1578686/cost-raising-child-sinks-hopes-chinas-baby-boom
  3. Business - Money - BONDS

    Demand drops for iBonds as investors shift to stocks

    Posted Aug 08th 2014, 09:52am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Public demand for iBonds has fallen 27 per cent from last year, data from the Hong Kong Monetary Authority (HKMA) shows. This year’s issue of the inflation-linked bonds received HK$28.8 billion in orders, compared with HK$39.6 billion in June last year, and the HK$49.8 billion the year before. Each year, the HKMA issues HK$10 billion ...

    http://www.scmp.com/business/money/markets-investing/article/1568978/demand-drops-ibonds-investors-shift-stocks
  4. Business - Money - FUNDRAISING

    Uni-President stock rallies despite earnings dive and cash call

    Posted Aug 12th 2014, 12:56am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Stock gains 4pc even after noodle maker reports 38.2pc profit fall and taps market for HK$447m Uni-President rallies despite earnings dive ... The company on Friday posted first-half results in which it disclosed a drop in gross margin and profit, and a stunning 38.2 per cent dive in attributable profit to 355.4 million yuan (HK ...

    http://www.scmp.com/business/money/markets-investing/article/1571590/uni-president-stock-rallies-despite-earnings-dive
  5. News - China Insider - TECHNOLOGY

    Xiaomi founder Lei Jun donates HK$93 million worth of stocks to employees

    Posted Jul 08th 2014, 05:56pm by Jeremy Blum

    ... Jeremy Blum jeremy.blum@scmp.com Each employee will receive 1,000 shares worth about HK$23,400 in total Xiaomi founder Lei Jun, a businessman often dubbed the “Steve Jobs of China”, recently donated HK$93 million worth of stocks to the employees of his company Kingsoft. In an internal e-mail distributed to Kingsoft employees on July 7, company chairman Lei said that Kingsoft’s ...

    http://www.scmp.com/news/china-insider/article/1549689/xiaomi-founder-lei-jun-donates-hk93-million-worth-stocks
  6. Business - Money - MARKETS

    Stock through train curbs dent hopes for boost to HKEx turnover

    Posted Aug 11th 2014, 03:56am by Enoch Yiu

    ... worse-than-expected growth of 2 per cent in net profit to HK$2.37 billion for the first half of this year on reduced turnover in stocks and derivatives. Average daily turnover in the stock market fell 8 per ... curbs dent turnover hopes Quota restrictions on the proposed through train stock trading scheme and a rising trend among investors to put more money into exchange-traded funds instead of buying ...

    http://www.scmp.com/business/money/markets-investing/article/1570893/stock-through-train-curbs-dent-hopes-boost-hkex
  7. Business - Money - EQUITIES

    Brokers to demand more clarity over Hong Kong-Shanghai stock trading

    Posted Aug 12th 2014, 12:56am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Restrictions over Hong Kong-Shanghai stock trading plan to be discussed today amid uncertainty over details of the scheme Brokers to demand through train clarity Brokers will press executives of the Shanghai Stock Exchange in their meeting today to clarify the many regulatory restrictions Hong Kong investors face in trading on the mainland's ...

    http://www.scmp.com/business/money/markets-investing/article/1571591/brokers-demand-more-clarity-over-hong-kong-shanghai
  8. Business - Money - EARNINGS

    Melco net income falls 20pc; Macau stocks hammered

    Posted Aug 08th 2014, 04:28am by Sophie Yu, Bloomberg

    ... Sophie Yu and Bloomberg sophie.yu@scmp.com Slower-than-expected growth in mass market gaming revenues for July sparks sell-off in sector Macau stocks take hit as Melco's net profit ... said in its quarterly earnings report. Separately, Wynn Macau and Galaxy Entertainment Group led declines in Macau casino stocks after the world's largest gaming hub posted the weakest ...

    http://www.scmp.com/business/money/markets-investing/article/1568704/melco-net-income-falls-20pc-macau-stocks-hammered
  9. Business - Money - COURTS

    Lawsuit against China Everbright Securities may tarnish through train stock scheme

    Posted Aug 11th 2014, 03:56am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Everbright lawsuit may tarnish stock scheme A class-action lawsuit stemming from a chaotic trading error by China Everbright Securities in August last year has put the China Securities Regulatory Commission on the dock just two months before the Shanghai-Hong Kong stock trading scheme launches in October. A class-action lawsuit was filed ...

    http://www.scmp.com/business/money/markets-investing/article/1570889/lawsuit-against-china-everbright-securities-may
  10. Business - Commodities - ENERGY

    Solar stocks shine as Beijing raises target

    Posted Aug 06th 2014, 03:11pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Solar stocks shine as Beijing raises target Shares of the mainland's solar panel makers and solar farm developers rose yesterday after the energy regulator ... panel parts and raw material polysilicon, gained 1.5 per cent to end at HK$2.64. Solar farm installation engineering firm China Singyes Solar Technologies Holdings jumped 5.9 per cent ...

    http://www.scmp.com/business/commodities/article/1567623/solar-stocks-shine-beijing-raises-target

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