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  • November 25, 2014
  • Last updated: 4:06am
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Results 1 - 10 of 60 for offshore yuan trading

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  1. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... a 39.1 per cent year-on-year rise in first-half net profit to 4.42 billion yuan (HK$5.56 billion) on Tuesday night. They traded at HK$21.80 at 1.51pm, after surging as much as 13.4 per cent to HK$22.80 – the highest in seven months – in early morning trade. The profit was 22.5 per cent higher than the 3.61 billion yuan average estimate of analysts polled by Thomson Reuters. First-half ...

  2. Business - China Business - EARNINGS

    JD.com eyes sharper focus on mobile, lower-tier cities in China

    Posted Nov 18th 2014, 05:11am by BIEN PEREZ

    ... plans to boost its mobile initiatives and extend its reach in smaller cities, after posting stronger-than-expected sales in the third quarter. Nasdaq-traded JD, the mainland's largest online direct sales company, yesterday reported that its gross merchandise volume- the total volume of goods sold online- grew 111 per cent in the third quarter to 67.3 billion yuan (HK$85.2 ...

  3. Business - Companies - EARNINGS

    Cash-rich Alibaba to continue its spending spree

    Posted Nov 05th 2014, 03:21am by Bien Perez and Sophie Yu

    ... cent year on year to 16.83 billion yuan (HK$21.35 billion)- US$50 million more than analysts predicted in a poll by Thomson Reuters. Net income rose 15.5 per cent to US$1.11 billion, meeting forecasts. Adjusted earnings per share for the second quarter were 2.79 yuan, the company said. Analysts polled by Bloomberg had predicted 2.74 yuan. Cash, cash equivalents and short-term investments ...

  4. Business - Money - EARNINGS

    HKEx says net profit growth up 7.25pc, but staff and legal fees from LME a drag

    Posted Nov 05th 2014, 02:36pm by Enoch Yiu

    ... the cross border trading of stocks in Hong Kong and Shanghai at up to 550 billion yuan (HK$693.87 billion). Total revenue in the third quarter rose 15.79 per cent to HK$2.47 billion but expenses ... that its profit for the quarter to the end of September stood at HK$1.287 billion, up 7.25 per cent from the HK$1.20 billion in the corresponding quarter last year. Trading fee income during ...

  5. Business - China Business - EARNINGS

    Baidu boosts net profit 27pc after mobile search milestone achieved

    Posted Oct 30th 2014, 11:04am by BIEN PEREZ

    ... as mobile searches surpassed those on desktop computers for the first time. Its mobile operations lead the mainland in search, maps and apps distribution. Nasdaq-traded Baidu posted a 27.2 per cent rise in third-quarter net profit to 3.87 billion yuan (HK$4.9 billion), from 3.04 billion yuan a year earlier, on the back of more online marketing customers, higher average revenue per ...

  6. Business - Companies - EARNINGS

    Shenyang Public Utility shares plunge after share-sale plan scrapped

    Posted Oct 24th 2014, 12:34pm by TIFFANY AP

    ... late last year the company had been considering issuing up to 120 million new domestic shares with a par value of 1 yuan to two companies, a jewellery wholesaler and retailer, and an investment ... suspended from trading since September 5, ended the morning session down 29.9 per cent at HK$1.03. Aside from property development, the company is involved in infrastructure construction. It also ...

  7. Business - Companies - EARNINGS

    Mobile business lifts Baidu's revenue

    Posted Oct 29th 2014, 05:33am by BIEN PEREZ

    ... or beating the high-end expectations on both revenue and earnings," she said. The Nasdaq-traded stock was rated "overweight" by Barclays, which said its share price target of US$254 ... advertising revenue this year would reach 27.3 billion yuan (HK$34.5 billion), up from 15.5 billion yuan last year. "Baidu can certainly increase its advertising income from the mobile search ...

  8. Business - Commodities - EARNINGS

    Brightoil returns to the black with HK$599m profit

    Posted Sep 25th 2014, 09:51am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Brightoil Petroleum (Holdings), which in July bought stakes in two China-producing offshore oilfields from United States oil firm Anadarko Petroleum for HK$8.35 billion, returned to the black with a lower loss on oil hedging activities and selling and administrative expenses. The Shenzhen-based fuel trading and logistics firm had a net profit of HK$599.3 ...

  9. Business - Companies - EARNINGS

    Honghua Group unfazed by losses in drilling services

    Posted Aug 25th 2014, 03:34am by Eric Ng

    ... which posted an operating loss of 60.9 million yuan. The operating loss of the company's offshore oil rigs production operation amounted to 46.7 million yuan, compared to a loss of 28.6 ... it mostly conducted explorations independently, or cooperated with international oil firms such as Eni, Hess and ConocoPhillips. Honghua, which has an offshore engineering base in Jidong, Jiangsu ...

  10. Business - Commodities - EARNINGS

    Maanshan sees first-half loss more than double to 730.27m yuan

    Posted Aug 20th 2014, 10:08am by Enoch Yiu and Eric Ng

    ... first-half loss. They traded at HK$1.81 at 10.19am. The company’s shares had gained 8.4 per cent in the previous month as investors bet steel producers’ profitability would improve on the back of sharp falls in raw material prices. Net loss more than doubled to 730.27 million yuan (HK$919.99 million), from 332.83 million yuan in the same period last year. The deterioration was attributed ...




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