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  • August 21, 2014
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  1. Business - Companies - EARNINGS

    Hutchison dials the right numbers as profit soars

    Posted Aug 01st 2013, 06:42pm by Charlotte So

    ... Charlotte So Charlotte.so@scmp.com Conglomerate beats market estimates as globalisation and diversification help its profit jump 23pc in first half despite economic uncertainty Hutchison dials the right numbers Globalisation and diversification helped tide Hutchison Whampoa over global economic uncertainty in the first half, with net profit beating market expectations to jump 23 ...

  2. Business - Companies - TELECOMMUNICATIONS

    Hutchison set for 7pc increase in profit

    Posted Jul 30th 2013, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Interim results expected to show gains of more than HK$10 billion for first half, despite losses of up to HK$830 million from Australian unit Hutchison set for 7 pc increase in profit Hutchison Whampoa, the flagship conglomerate controlled by Li Ka-shing, is expected to report an increase in first-half net profit this week of about 7 per ...

  3. Business - Companies - RESULTS

    Hutchison profit rise beats expectations

    Posted Aug 03rd 2013, 12:00am by CHARLOTTE SO AND SANDY LI

    ... Charlotte So and Sandy Li Hutchison profit rise beats expectations Hutchison Whampoa shares rose as much as 5 per cent yesterday on better-than-expected interim results and revisions of earnings forecasts by securities firms. Hutchison's 23 per cent jump in net profit for the first half of the year beat market expectations. It was driven by lower financial costs and a one-off ...

  4. Business - Companies - ANALYSIS

    Move to delay listing AS Watson surprises market

    Posted Mar 22nd 2014, 01:30am by Toh Han Shih

    ... analysts said. Hutchison Whampoa, the conglomerate controlled by Asia's richest man, announced it would sell the Watson stake to Temasek for HK$44 billion. Watson operates more than 10,500 ... Tang Sing-hing, the general manager of AMTD Financial Planning. Hutchison's sale reaped an exceptional gain for Hutchison and benefited its shareholders in the form of a generous dividend, ...

  5. Business - Companies - ANALYSIS

    Hutchison moves on to next telecoms courtship in Europe

    Posted Jul 06th 2013, 12:00am by BIEN PEREZ

    ... Hutchison seeks new merger target after talks with Telecom Italia fail Sincere, warm-hearted Hong Kong conglomerate with GSOH seeks domestic mobile service providers in Europe for long-term commitment, possible marriage or exchange of equity stakes. Hutchison Whampoa chairman Li Ka-shing has not actually booked advertisements in the personal columns of newspapers across ...

  6. Business - Money - THE INSIDER

    Buying steps up, but heavy sales seen in Hutchison

    Posted Aug 19th 2013, 12:00am by Robert Halili

    ... Robert Halili Non-executive director sells stake in blue chip, and Vtech president offloads HK$20m in shares Buying steps up, but heavy sales seen in Hutchison Insider buying rose last ... in the sell value was due to heavy sales in Hutchison Whampoa and VTech worth a combined HK$33.7 million. Buyback activity by companies themselves surged, with seven companies reporting 16 ...

  7. Business - Companies - BUSINESS

    Hutchison Whampoa denies it plans to quit Hong Kong amid speculation over possible ParknShop sale

    Posted Jul 21st 2013, 12:00am by KANIS LI

    ... conglomerate Hutchison Whampoa said yesterday it had no intention of withdrawing from Hong Kong, despite launching a review that could lead to the sale of its ParknShop supermarket chain. It said ... - and employs about 13,000 staff in Hong Kong, Macau and on the mainland. The supermarket chain reported revenue of HK$21.7 billion last year, which contributed 5.4 per cent to Hutchison Whampoa's ...

  8. Business - Companies - MERGERS

    Hutchison's telecoms bid in Italy hits snag

    Posted Jul 03rd 2013, 12:00am by Bloomberg

    ... Telecom Italia's discussions with Hutchison Whampoa over a proposed merger of their Italian mobile-phone assets have stalled amid disagreements over valuation, according to people familiar with the matter. Telecom Italia directors, three months after agreeing to examine a combination with Hutchison's H3G unit, would probably decide on halting the project at a meeting ...

  9. Business - Companies - ACQUISITIONS

    Hutchison buys Telefonica's O2 Irish mobile business for €780m

    Posted Jun 25th 2013, 12:00am by BIEN PEREZ

    ... Hutchison Whampoa, the flagship conglomerate of Li Ka-shing, is poised to become Ireland's leading mobile network operator with its purchase of Spanish group Telefonica's O2 business for €780 million (HK$7.9 billion). The deal forged by Three Ireland, a Hutchison subsidiary, includes an additional deferred payment of €70 million if certain stipulated financial targets ...

  10. Business - Companies - TELECOMMUNICATIONS

    Hutchison expands infrastructure in Hong Kong to increase bandwidth

    Posted Jun 25th 2013, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Upgrade of infrastructure will increase transmission speeds to 100 gigabits per second from 10Gbps and meet demand for bandwidth Hutchison expands 'backbone network' Fixed-line network operator Hutchison Global Communications (HGC) is expanding its high-capacity infrastructure as it prepares to launch a range of new services from ...




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