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  1. Business - Companies - EARNINGS

    China Agri-Industries issues profit warning after losing HK$374m in July

    Posted Aug 27th 2014, 01:42pm by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com China Agri-Industries, the mainland’s largest listed agricultural producer and supplier, issued profit warning for the second half on Wednesday after losses ballooned last month. The company, controlled by state-backed conglomerate Cofco, recorded a net loss of HK$374 million in July, after losing HK$290 million in the first half. In an exchange filing, ...

    http://www.scmp.com/business/companies/article/1581124/china-agri-industries-issues-profit-warning-after-losing-hk374m
  2. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... Reuters in Paris LVMH hit hard by sharp drop in demand in city LVMH has seen a drop in demand from Chinese buyers in its home market and overseas, as well as a slowdown in Hong Kong ... It also said fewer tourists, particularly from mainland China, were shopping in Hong Kong because of pro-democracy protests. Many leading luxury brands generate more than 10 per cent ...

    http://www.scmp.com/business/companies/article/1558885/lvmh-sales-slow-hong-kong-chinese-demand-drops-around-world
  3. Property - Hong Kong & China - EARNINGS

    Greentown profit down 67pc

    Posted Aug 25th 2014, 10:23am by Langi Chiang

    ... yuan in the first half of this year versus a gain of 685 million yuan during the same period last year, Greentown said in a statement to the Hong Kong stock exchange. The Hangzhou-based ... alongside Hong Kong developer Wharf. Regulatory procedures concerning the proposed transaction were still under way, the company said in Monday’s statement. In the first seven months of the year, ...

    http://www.scmp.com/property/hong-kong-china/article/1580508/greentown-profit-down-67pc
  4. Business - Companies - EARNINGS

    Haier Electronics on lookout for more logistics acquisitions

    Posted Aug 27th 2014, 11:40am by BIEN PEREZ

    ... into the group's platform," Haier Electronics chairman Zhou Yun Jie said in a results statement to the Hong Kong stock exchange yesterday. Total capital expenditure of 367.53 million yuan (HK$462.05 ... Goodaymart Logistics and HK$965 million used to buy a minor equity stake in the company. Alibaba also invested in HK$1.31 billion worth of convertible bonds issued by Haier Electronics in March. ...

    http://www.scmp.com/business/companies/article/1581090/haier-electronics-lookout-more-logistics-acquisitions
  5. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Citic, China’s largest conglomerate and the Hong Kong-listed flagship of state-owned Citic Group, aims to expand its non-financial business so ... Ltd and was renamed Citic Ltd. It was the largest asset injection ever into a red chip – a Hong Kong-registered firm holding mainland Chinese state-owned assets – with the addition of various ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  6. Business - China Business - EARNINGS

    BYD pins hopes on new-energy vehicles after profit drops

    Posted Aug 26th 2014, 01:10am by Kwong Man-ki

    ... 15 per cent and 20 per cent in the second half from about 10 per cent in the first half, Wang told reporters in Hong Kong at a post-results press conference yesterday. BYD reported on Sunday ... after reporting worse-than-expected first-half results and issuing a warning on third-quarter profit. Wang Chuanfu, chairman of the Shenzhen-based carmaker, said NEV sales in the second half ...

    http://www.scmp.com/business/china-business/article/1580659/byd-pins-hopes-new-energy-vehicles-after-profit-drops
  7. Business - Banking & Finance - EARNINGS

    Dah Sing profit climbs 29pc on lower China lending

    Posted Aug 28th 2014, 05:03am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Dah Sing profit up 29pc on lower China lending Dah Sing Banking Group, which owns Hong Kong's last family-owned bank, posted HK$1.4 billion in net ... to HK$1.01 billion in the same period, it said in a statement to the Hong Kong stock exchange. The two companies are part of unlisted parent Dah Sing Group. Dah Sing Banking Group also controls Banco ...

    http://www.scmp.com/business/banking-finance/article/1581319/dah-sing-profit-climbs-29pc-lower-china-lending
  8. Business - Companies - EARNINGS

    Shun Tak boosts first-half core profit 225.6pc on strong property sales

    Posted Aug 29th 2014, 02:25pm by Yvonne Liu

    ... in the results announcement that three new property projects in Beijing, Hong Kong and Macau were expected to generate a promising revenue stream for the group over the medium term. ...

    http://www.scmp.com/business/companies/article/1581679/shun-tak-boosts-first-half-core-profit-2256pc-strong-property
  9. Business - Banking & Finance - EARNINGS

    China Construction Bank posts slower 9pc gain in first-half profit

    Posted Aug 30th 2014, 01:29am by DON WEINLAND

    ... was the final mid-year filing from major mainland lenders listed in Hong Kong. Growth at several banks has slowed markedly since last year. The average rate of growth at the five largest lenders ...

    http://www.scmp.com/business/banking-finance/article/1581924/china-construction-bank-posts-slower-9pc-gain-first-half
  10. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... as it deployed more rigs, according to COSL’s filing to Hong Kong’s stock exchange. The growth was also due to the booking of a US$65 million settlement in relation to a fee dispute between COSL ... costs. Li Yong rejected the concerns, saying: “Ever since 2005, people have not stopped asking if CNOOC’s capital expenditure will fall, but it has never fallen. On this issue, we are very ...

    http://www.scmp.com/business/china-business/article/1581056/drilling-divisions-326pc-jump-profit-boosts-china-oilfield

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