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  • August 29, 2014
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  1. Business - China Business - EARNINGS

    China Mobile aims to be among first mobile operators with iPhone 6

    Posted Aug 14th 2014, 01:28pm by Sophie Yu

    ... operators to offer Apple's iPhone 6, which is expected to be launched later this year. "China Mobile will be among the first batch of operators to provide the new iPhone," chairman Xi Guohua told a press conference in Hong Kong yesterday. "This is a must. Apple has attached great importance to the customers of China Mobile." Total subscribers ...

    http://www.scmp.com/business/china-business/article/1573456/china-mobile-profit-slips-85pc
  2. Business - China Business - EARNINGS

    Chinese industrial firms’ profits grow more slowly

    Posted Aug 28th 2014, 01:10pm by Victoria Ruan

    ... be reduced. Meanwhile, President Xi Jinping’s massive anti-corruption campaign hurt the wine and tea industry, where profits dropped 1.4 per cent in the period. ...

    http://www.scmp.com/business/china-business/article/1581416/chinese-industrial-firms-profits-grow-more-slowly
  3. 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
  4. 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
  5. Business - Companies - EARNINGS

    BIH hits investors with profit warning

    Posted Aug 13th 2014, 10:28am by Peggy Sito

    ... said. BIH was once chaired by Yeung, who was sentenced to six years in prison in March for laundering HK$721 million through five Hong Kong bank accounts between 2001 and 2007. Yeung has ... the English Premier League and later that year Yeung was arrested for money laundering. ...

    http://www.scmp.com/business/companies/article/1572672/bih-hits-investors-profit-warning
  6. 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
  7. 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
  8. Business - Companies - EARNINGS

    Sino Land's core earnings decline 24pc for year

    Posted Aug 28th 2014, 05:03am by Yvonne Liu

    ... property companies in Hong Kong. With the inclusion of investment property revaluation gains, net profit was HK$8.92 billion, down 23.66 per cent from HK$11.69 billion a year earlier. The result ... HK$7.82 billion. Kenny Tang Sing-hing, a general manager at AMTD Financial Planning, said: "The overall results of Hong Kong developers released recently are better than market expectations. ...

    http://www.scmp.com/business/companies/article/1581321/sino-lands-core-earnings-decline-24pc-year
  9. Property - Hong Kong & China - EARNINGS

    Henderson Land's underlying profit jumps 46pc

    Posted Aug 27th 2014, 01:28am by Peggy Sito

    ... sales, a slight improvement in rental income and a one-off gain from the sale of investment properties, Henderson said in a filing with the Hong Kong stock exchange. Looking forward, Lee said he ... on August 16, surpassing the record of 124 set the week before. The index dipped to 125.31 on Friday, but prices on Hong Kong Island set a record with a week-on-week rise of 0.22 per cent. Henderson ...

    http://www.scmp.com/property/hong-kong-china/article/1580962/henderson-lands-underlying-profit-jumps-46pc
  10. Business - Banking & Finance - EARNINGS

    ICBC profit up 7 per cent as bad loans held in check

    Posted Aug 29th 2014, 01:14am by DON WEINLAND

    ... billion yuan a year ago, according to interim results filed with the Hong Kong stock exchange. However, along with the other major mainland banks that have reported interim earnings this year, ...

    http://www.scmp.com/business/banking-finance/article/1581603/icbc-profit-7-cent-bad-loans-held-check

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