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  • August 29, 2014
  • Last updated: 10:39am
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  1. Business - Companies - RETAILING

    Luk Fook to expand in prime shopping districts as rent rises ease

    Posted Aug 27th 2014, 01:27am by BLOOM

    ... districts as landlords hold back on raising rents. Landlords were foregoing rent increases or asking for smaller gains when leases came up for renewal, said Luk Fook chairman Wong Wai-sheung. ... renew leases for stores that we rented three years ago, we would see a big jump in rent," said Wong. "But we've seen the rental increase slow at many stores. Some landlords ...

  2. News - Business - FINANCE

    HSBC cards no longer work in many overseas ATMs

    Posted May 12th 2013, 12:00am by John Carney

    ... John Carney john.carney@scmp.com Customers going abroad complain of trouble getting hold of their money and blame bank's decision to link up to a single global network HSBC ATM cards less usable overseas HSBC customers have complained the bank has made it more difficult to draw out money abroad. Many on business trips or holidays have said they were unable to get ...

  3. Business - Money - TALKING POINTS

    Abenomics' samurai spirit

    Posted Apr 15th 2013, 12:00am by JOHN WOODS

    ... could rise by a further 15-20 per cent. For those with a long-term, multi-year investment horizon, now is as good a time as any to accumulate Japanese equities. John Woods is the chief ...

  4. Business - Money - EQUITIES

    Hydoo shares close down 34pc after chairman Wong Choihing disappears

    Posted Jul 19th 2014, 01:58am by Toh Han Shih

    ... it had not been able to contact founding chairman Wong Choihing for more than two weeks. The share price of Hydoo, a developer and operator of trade centres in mainland cities, fell as much ... year. Its stock was suspended from July 2 till 9am yesterday. Hydoo had announced on Monday it had not been able to contact Wong for over two weeks. On the same day, brokerage Haitong ...

  5. Business - Companies - BOARDROOM

    Shenzhen developer Hydoo fires chairman, appoints brother

    Posted Aug 25th 2014, 10:05am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Hydoo International, a Shenzhen-based developer of commercial trade and logistics centres, has fired chairman Wong Choihing a month after it was confirmed that he was being investigated by the mainland authorities. The company said on Monday morning its board had agreed to remove Wong from all his positions at the firm, including executive director, ...

  6. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... Wong Kin-yip, however, said he expected the second half to remain difficult given the decline in property transactions. Midland narrowed its net loss by 62.4 per cent from a year ago ... criticised Midland management- dominated by Wong and his family- for doing a bad job and overpaying itself. "In the property agency industry, it's now survival of the strongest ...

  7. Comment - Insight & Opinion - THE VIEW

    Health care could account for almost a third of Hong Kong GDP by end of century

    Posted Aug 26th 2014, 03:19pm by Richard Wong

    ... Richard Wong Rising health-care expenses and income growth could result in the sector accounting for a third of Hong Kong's GDP by the end of the century Counting the cost Four ... Will these changes be made to enable our next growth industry to blossom? Richard Wong Yue-chim is Philip Wong Kennedy Wong Professor in Political Economy at the University of Hong Kong ...

  8. Business - Money - industry

    Brokers favour South Korea's worst-performing shipbuilders

    Posted Aug 27th 2014, 01:27am by BLOOM

    ... of earnings," said John Yu, an analyst at Woori Investment and Securities, whose top pick is Hyundai Heavy. "The latter half is definitely looking brighter than the first half." ...

  9. 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 ... months," said Louis Wong, the company's chief financial officer. On Wednesday, Kerry pulled in HK$900 million from the sale of 16 units at its luxury residential project, Three Ede Road, ...

  10. Business - China Business - GOVERNANCE

    Fujian Nuoqi red flags should have been spotted before IPO, analysts say

    Posted Aug 27th 2014, 01:27am by Toh Han Shih

    ... a business intelligence company. The others include Wong Choihing, a former chairman of Hong Kong-listed Hydoo International Holding; Fang Wei, the chairman of Fangda International Industrial ...




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