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  • August 23, 2014
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Results 1 - 10 of 275 for hong kong politics

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  1. 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
  2. Property - Hong Kong & China - EARNINGS

    Cheung Kong blames profit fall on developer discounts and incentives

    Posted Aug 01st 2014, 02:06am by Sandy Li

    ... profit slips 1 pc Cheung Kong (Holdings) said yesterday that its first-half core profit slipped 1 per cent to HK$7.13 billion as price discounts and incentives being offered by developers in Hong ... of the discounts," he said. Cheung Kong's property sales in the first-half edged up 1.62 per cent to HK$12.52 billion as government cooling measures to curb demand in Hong Kong and on the mainland took ...

    http://www.scmp.com/property/hong-kong-china/article/1563759/cheung-kong-blames-profit-fall-developer-discounts-and
  3. Business - Banking & Finance - EARNINGS

    Newly listed banks see profits soar

    Posted Aug 20th 2014, 09:44am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Two of the newest mainland banks to enter the Hong Kong market posted high profit growth, as well as high impairment charges, for the first half of the year. Bank of Chongqing, which listed in October, said in a filing to the Hong Kong stock exchange late on Tuesday that net profit in the first six months of the year hit 1.66 billion yuan ...

    http://www.scmp.com/business/banking-finance/article/1577513/newly-listed-banks-see-profits-soar
  4. Business - Companies - EARNINGS

    Peninsula hotel owner sees profit rise by 73 per cent

    Posted Aug 20th 2014, 03:25pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Peninsula owner sees profit up 73pc Hong Kong & Shanghai Hotels, which operates the luxury hotel chain Peninsula, posted underlying interim profit of HK$293 million, up 73 per cent from a year ago. Chief executive Clement Kwok King-man said that occupancy rates at its Hong Kong flagship hotel had not yet been affected by a slowdown in luxury ...

    http://www.scmp.com/business/companies/article/1577695/peninsula-operators-profit-surges
  5. Business - Banking & Finance - EARNINGS

    Bank of China beats expectations with 11pc boost in first-half profit

    Posted Aug 20th 2014, 01:34am by DON WEINLAND

    ... last year. Analysts projected the mainland's biggest state-owned banks to grow profits between 7 and 9 per cent in the first half. At BOC Hong Kong (Holdings), which is majority owned ... to the banks have become more expensive." Overall impaired loans at BOC Hong Kong stayed low at just 0.31 per cent of total lending. However, bad loans from its mainland operations soared compared ...

    http://www.scmp.com/business/banking-finance/article/1577255/bank-china-beats-expectations-11pc-boost-first-half-profit
  6. Business - Banking & Finance - EARNINGS

    Huishang Bank net profit up 15.78pc

    Posted Aug 22nd 2014, 10:17am by Enoch Yiu

    ... fees, settlement fees and other financial advisory services. The lender’s shares rose 2 per cent on its Hong Kong market debut, fending off negative sentiment towards mainland city-based ...

    http://www.scmp.com/business/banking-finance/article/1579003/huishang-bank-net-profit-1578pc
  7. Business - Companies - EARNINGS

    Sinofert expects second-half pickup despite over-capacity concerns

    Posted Aug 22nd 2014, 09:41am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Sinofert, the mainland’s largest fertiliser maker and distributor, says its second-half profitability will likely improve although it saw no quick-fix to chronic industry over-capacity. The Hong Kong-listed unit of state-owned oil and gas-to-property conglomerate Sinochem posted a 60.8 per cent year-on-year net profit fall to 138 million yuan (HK$173.5 ...

    http://www.scmp.com/business/companies/article/1578981/sinofert-expects-second-half-pickup-despite-over-capacity
  8. Property - Hong Kong & China - EARNINGS

    Kerry expects to hit sales target despite 56pc profit plunge in first half

    Posted Aug 21st 2014, 01:48pm by Sandy Li

    ... period. Turnover dropped 20.18 per cent to HK$6.17 billion. [The relaxation of housing curbs] alone is insufficient to move prices WONG SIU-KONG, KERRY PROPERTIES A dividend of 30 HK cents per ... for sale, Wong said. Chairman Wong Siu-kong said the recent loosening of housing restrictions on the mainland had boosted market sentiment. "But this (the relaxation of housing curbs) alone ...

    http://www.scmp.com/property/hong-kong-china/article/1578398/logistics-spin-trims-kerry-properties-first-half-profit
  9. Business - Companies - EARNINGS

    Kerry Logistics maps expansion after profit rise

    Posted Aug 19th 2014, 01:27am by CHIM SAU-WAI

    ... Singapore and Malaysia. “As production shifts from China to the Asean countries, we find businesses in these countries are growing faster than in Hong Kong and other areas,” said Ma, adding the trend was expected to continue. The mainland and Hong Kong accounted for the bulk of the company’s core profit. While Hong Kong contributed 34 per cent, the mainland accounted for 27 per cent. ...

    http://www.scmp.com/business/companies/article/1576399/kerry-logistics-maps-expansion-after-profit-rise
  10. Business - Companies - EARNINGS

    SCMP profit buoyed by strong print and online ad sales

    Posted Aug 22nd 2014, 01:21am by BIEN PEREZ

    ... business. Its mobile traffic also grew. Hong Kong's advertising market in the quarter to June reached HK$11.2 billion, up 7 per cent from a year ago, according to data from media-monitoring ...

    http://www.scmp.com/business/companies/article/1578738/scmp-profit-buoyed-strong-print-and-online-ad-sales

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