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  • September 17, 2014
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  1. BYD cuts profit hopes as electric car interest lags

    Posted Oct 29th 2011, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Car and battery maker BYD has warned that its full-year net profit could fall as much as 65 per cent- worse than analysts had forecast. 'The company expects the net profit for 2011 will decrease by 35 to 65 per cent. ...

  2. Buyer interest props up mainland agency income

    Posted Dec 08th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu A change in investment patterns and continued enthusiasm from homebuyers have propped up commission revenue at some estate agents on the mainland. Despite ongoing policy measures aimed at curbing demand in the property market, commission income ...

  3. Cosco Pacific lifts interest in Yantian Terminals

    Posted Apr 30th 2010, 12:00am by Charlotte So

    ... Charlotte So Cosco Pacific has paid HK$4.05 billion for a 13.7 per cent interest in a holding company of Yantian Terminals in Shenzhen from Maersk Group, the largest liner company in the world. The port operator agreed to increase its effective interest in Sigma Enterprises to 20.55 per cent which holds a 73 per cent stake in Yantian Terminal phases I and II and a 65 per cent ...

  4. Interest income boosts profits at Shenzhen lender

    Posted Mar 22nd 2007, 12:00am by Staff Reporter

    ... quadrupled last year because of higher interest income and less provision for bad loans. Net profit rose to 1.3 billion yuan as income increased 31 per cent to 7.1 billion yuan, the lender said. ... and exceeding the central bank's target of 2.5 trillion yuan made at the beginning of the year. Shenzhen Development's net interest income, also boosted by the country's rising interest ...

  5. News - China - LOCAL GOVERNMENT

    Shenzhen three-year plan just a veneer, observers say

    Posted May 11th 2013, 12:00am by He Huifeng

    ... Shenzhen's three-year development plan, revealed on Thursday, would not touch the core interests of its officials or bring about bold reforms, observers said yesterday. While the Qianhai ... with their interests, nobody wants to take risks any more," Ding said. ...

  6. News - China

    Qianhai economic zone chief says it won't compete with Hong Kong

    Posted Jun 28th 2013, 12:00am by George Chen

    ... for Beijing's experiment in liberalising its interest and foreign exchange rates naturally makes some Hongkongers even more concerned about their city's future role. Zhang is keen to ease those ... of the interest rate gap between the mainland and Hong Kong, where corporates enjoy much lower lending rates. "One thing I can promise is that there is no quota limit on the cross-border yuan lending ...

  7. News - Hong Kong - FOCUS

    Hongkongers looking for a better lifestyle flock to Shenzhen

    Posted Jun 02nd 2013, 12:00am by John Carney

    ... department, who is the driving force behind a study, funded by the Hong Kong Research Grants Council, into second homes. The study, Lifestyle Migration in East Asia, has uncovered interesting ...

  8. News - Hong Kong - TRADE

    New hospital in Shenzhen fails to impress Cepa critics

    Posted Mar 22nd 2013, 12:00am by Emily Tsang

    ... and institutional differences had put investors off, even though many doctors had been interested in setting up clinics on the mainland since Cepa was signed in 2003. Lam, who said his decision to quit ...

  9. Business - Economy - ECONOMY

    Qianhai- a small zone with a big role

    Posted Jan 29th 2013, 12:00am by Anita Lam

    ... the last piece of undeveloped land in Shenzhen into a logistics park or a cluster for high-technology industries, but eventually it was decided it would best serve the interests of both Shenzhen ...

  10. News - China - BANKING

    Hong Kong banks may extend yuan loans to firms in Shenzhen's Qianhai zone

    Posted Dec 28th 2012, 12:00am by Sandy Li

    ... deposits rose 1.5 per cent. The interest rates and tenure of loans taken by Qianhai companies from Hong Kong banks should be determined by the parties involved, the PBOC said. Hong Kong would play ...




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