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  1. Business - China Business - EARNINGS

    China Telecom loses subscribers in 4G race

    Posted Apr 29th 2014, 01:15am by Sophie Yu

    ... to increasing market competition driven by the launch of 4G services and strengthened marketing promotion by rivals, China Telecom said in a filing to the Hong Kong stock exchange yesterday. Ricky Lai, ... loses subscribers in 4G race China Telecom saw a drop in the number of mobile subscribers in the first quarter as competition intensified after Beijing gave approval for the three major ...

    http://www.scmp.com/business/china-business/article/1499525/china-telecom-loses-subscribers-4g-race
  2. Business - Companies - EARNINGS

    Foxconn chief Gou calls for patience as he invests to tap new markets

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Bloomberg in Taipei iPhone maker to add 15,000 workers in Taiwan and boost automation in bid to tap new markets Foxconn chief calls for patience as growth slows Foxconn Technology chairman Terry Gou asked shareholders to give him time to invest in new bus ...

    http://www.scmp.com/business/companies/article/1540545/foxconn-chief-gou-calls-patience-he-invests-tap-new-markets
  3. Business - Companies - EARNINGS

    Fashion retailer IT sees profits plunge over Hong Kong slump

    Posted May 23rd 2014, 12:51am by TIFFANY AP

    ... in its main markets, and a slowdown in Hong Kong retail spending. Net profit for the year ended February was down to HK$280 million, compared to HK$385 million the year before. Turnover increased ... and accessories, IT sells upmarket European and Japanese brands in addition to its own in-house labels such as 5cm, B+ab and Izzue. Now in its 26th year, Hong Kong is its primary market, making up 54 per ...

    http://www.scmp.com/business/companies/article/1518235/fashion-retailer-it-sees-profits-plunge-over-hong-kong-slump
  4. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... but in Macau our rental expense is still rising very fast. "In Hong Kong we will work on finding more attractive spaces." Over the past year, the group has focused on opening landmark stores ... on the Hong Kong market was very cautious. This year the company would open one to three stores in Hong Kong, most likely in the New Territories districts of Sha Tin, Yuen Long or Sheung Shui, which ...

    http://www.scmp.com/business/companies/article/1541297/jeweller-luk-fook-posts-record-profit-hk186b-after-gold-binge
  5. Business - China Business - EARNINGS

    Car dealer Sparkle seeks to regain glitter with new products

    Posted Jun 24th 2014, 05:58am by Sophie Yu

    ... in a filing to the Hong Kong stock exchange. A study issued by Bain & Co in December last year expected growth in the mainland's luxury goods market to slow to 2 per cent from 7 per cent ...

    http://www.scmp.com/business/china-business/article/1539230/car-dealer-sparkle-seeks-regain-glitter-new-products
  6. Business - Banking & Finance - EARNINGS

    Bank of China (Hong Kong) flags cut to dividend payout ratio

    Posted Mar 27th 2014, 12:58am by KANIS LI

    ... 60 per cent to 70 per cent previously, because of increased capital requirements from the Hong Kong Monetary Authority and the Basel 3 international standard, which will be fully implemented ... standard of Hong Kong banks than the international standard, leading banks to think of ways to strength their capital ratios. Besides cutting dividends and capital raising, banks could also scale ...

    http://www.scmp.com/business/banking-finance/article/1458119/bank-china-hong-kong-flags-cut-dividend-payout-ratio
  7. Business - China Business - EARNINGS

    Shift in business focus pays off for Haitong International Securities

    Posted Mar 05th 2014, 01:38am by Ray Chan

    ... million from HK$51 million, thanks to a robust trading environment overseas that offset persistent weakness in Hong Kong. With our savvy risk management system … [we] can boost our performance LIN ... Ray Chan ray.utchan@scmp.com Shift in business focus pays off for Haitong Haitong International Securities, the overseas arm of the mainland's second-largest brokerage, said net ...

    http://www.scmp.com/business/china-business/article/1440544/shift-business-focus-pays-haitong-international-securities
  8. Business - China Business - EARNINGS

    Footwear retailer Belle International cautious on prospects

    Posted Feb 25th 2014, 01:24am by TIFFANY AP

    ... 19,077 stores on the mainland and 156 outlets in Hong Kong and Macau. Belle is switching its financial year-end to February and will announce earnings for the 14 months in May. ... Tiffany Ap tiffany.ap@scmp.com Belle cautious on outlook amid online challenge Belle International, the mainland's largest footwear retailer, retains a cautious outlook for the year ...

    http://www.scmp.com/business/china-business/article/1434461/footwear-retailer-belle-international-cautious-prospects
  9. Property - Hong Kong & China - EARNINGS

    Developer K Wah gears up to boost investment property stock

    Posted Mar 27th 2014, 01:01am by Yvonne Liu

    ... to boost investment property stock Hong Kong-listed developer K Wah International plans to expand its investment property portfolio and speed up its development cycle after recording a 66.34 per cent fall in underlying profit last year. Underlying profit plunged from HK$4.13 billion in 2012 to HK$1.39 billion last year, when fewer Hong Kong projects were completed. About 90 per cent ...

    http://www.scmp.com/property/hong-kong-china/article/1458097/developer-k-wah-gears-boost-investment-property-stock
  10. Property - Hong Kong & China - EARNINGS

    Link Reit distributable income jumps 14pc

    Posted Jun 04th 2014, 02:10pm by Peggy Sito

    ... retail sales in Hong Kong. Retail sales in April fell 9.8 per cent year on year to HK$38.8 billion, the Census and Statistics Department said on Wednesday. It was the third month of decline, after drops of 1.3 per cent in March and 2.3 per cent in February. "Retail sales in Hong Kong may slow down in the coming months, but sales growth in non-discretionary items (major items ...

    http://www.scmp.com/property/hong-kong-china/article/1525222/link-reit-distributable-income-jumps-14pc

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