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  • October 21, 2014
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  1. CE's remuneration to remain unchanged until 2007: commission

    Posted Jun 09th 2005, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 4.58pm: The remuneration package for the top job in Hong Kong would remain unchanged until July 2007- when the third Chief Executive assumes office, an independent commission report said on Thursday. The Independent Commission on R ...

  2. Business - China Business - AVIATION

    China Southern's income dips 29pc

    Posted Oct 29th 2012, 12:00am by BLOOM

    ... Bloomberg China Southern's income dips 29pc China Southern Airlines, the nation's biggest carrier by passenger numbers, reported a 29 per cent drop in third-quarter profit on rising operating costs and currency fluctuations. Net income declined to 2.22 billion yuan (HK$2.73 billion) from 3.13 billion yuan a year earlier, the company said in a filing to the Shanghai ...

  3. Business - Banking & Finance - BANKING

    China Construction Bank faces squeeze on non-interest income

    Posted Aug 28th 2012, 12:00am by Lulu Chen

    ... on non-interest income China Construction Bank says it is unrealistic to achieve double-digit growth in non-interest income in the current half year because its ability to charge fees may continue ... than 600, which dragged down fee- related income growth. Non-interest income, such as fees from credit cards and custodian services, rose 3.3 per cent to 49.2 billion yuan. "It ...

  4. Shui On Land optimistic on rental income rise

    Posted May 30th 2012, 12:00am

    ... Sandy Li and George Chen A day after announcing plans to spin off its Xintiandi unit, Shui On Land said it expected rental income to rise 17 per cent to more than one billion yuan (HK$1.2 billion). 'The increase in rent is mainly because of more projects completed this year,' chief executive Freddy Lee Chun-kong said. Rental income would be boosted by the completion ...

  5. Money-market ETFs: an instrument for income

    Posted Apr 02nd 2012, 12:00am

    ... income. Money-market ETFs share many of the advantages seen on bank-offered term deposits, but with potentially superior yield. The concept is not new. For decades, investors have been buying ... into a reliable, income-paying fund. 'Holding some cash makes sense, but it should be a limited amount or time. This is because even at low inflation rates, cash savings will be eroded by inflation ...

  6. Investors show interest in fixed-income choices

    Posted Mar 28th 2012, 12:00am

    ... though, of just how fast a downturn can erase paper gains in an equity or mixed-asset fund, investors are showing new interest in fixed-income choices in the hope of keeping their heads above water. 'The most common type of fixed-income investment is a bond fund, meant to provide periodic income- usually twice-yearly,' says Ken Wong, equity portfolio strategist with State ...

  7. Families feel squeeze as inflation eats into income

    Posted Feb 22nd 2012, 12:00am

    ... Dennis Chong and Ada Lee Hong Kong's high-income and middle-class groups have expanded over the past decade, but families are earning less because inflation offset gains in income ... The Census and Statistics Department said the median monthly household income rose from HK$18,710 in 2001 to HK$20,500 last year. About 23 per cent of households, or more than 550,000, had a monthly ...

  8. Regulator's income structure needs review

    Posted Feb 21st 2012, 12:00am

    ... has been attacked by lawmakers for being 'too rich' and having an unnecessarily bloated reserve. In fact, if nothing is done to revamp its income structure, the SFC is likely ... the SFC to become a rich regulator is the levy income paid by investors on each stock transaction. When the SFC was established in 1989, the average daily turnover was HK$1.22 billion. Ten years ...

  9. MGM China net income more than doubles

    Posted Feb 24th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Shares of Macau casino operator MGM China rose 6.6 per cent to HK$13.82 yesterday, buoyed by net income that more than doubled to HK$3.28 billion from HK$1.57 billion a year earlier. The 2011 full-year profit result, released after the market closed on Wednesday, showed earnings per share rose to HK$86.30 cents from HK$41.20 cents a year earlier. Casino ...

  10. Chinese Estates expects surge in rental income

    Posted Jan 06th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Chinese Estates expects annual rental income from the One in Tsim Sha Tsui and the Windsor House shopping arcade in Causeway Bay will increase 10 per cent this year as it benefits from a change of tenant mix and strong retail sales. The firm will hold exhibitions during the Lunar New Year season to attract shoppers. It expects visitors at the two ...




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