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  • August 21, 2014
  • Last updated: 7:28pm
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  1. Property - Hong Kong & China - EARNINGS

    Logistics spin-off trims Kerry Properties’ first-half profit

    Posted Aug 21st 2014, 01:48pm by Sandy Li

    ... earning ability,” it said. Shares of Kerry Properties fell 1.07 per cent to HK$27.55 by the close of the morning trading session. Kerry Properties is part of the Kerry Group, which also controls ...

  2. Business - China Business - EARNINGS

    Youku Tudou expects new growth prospects from Alibaba collaboration

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... companies. "The partnership with Alibaba is very healthy and positive," Youku chief executive Victor Koo Wing-cheung said yesterday in a conference call with analysts. New York-traded Youku ...

  3. Business - China Business - EARNINGS

    ZTE gears up for increase in 4G projects in second half

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... made up 14.5 per cent of turnover. Shares of ZTE reached a high of HK$16.78 in trading yesterday before closing at HK$16.70, up 0.6 per cent. The last time the stock touched HK$16.78 ...

  4. 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

    ... Enoch Yiu and Eric Ng Shares of Maanshan Iron & Steel, the second-biggest Hong Kong-listed steelmaker, fell 2.7 per cent on Wednesday morning after it posted a worse-than-expected 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 ...

  5. Business - China Business - EARNINGS

    Mainland gaming firm CMGE gains from greater smartphone penetration

    Posted Aug 20th 2014, 01:34am by BIEN PEREZ

    ... the past two years. Nasdaq-traded CMGE, the mainland's largest publisher of mobile games in terms of gross billings, reported on Monday in the United States a second-quarter net profit of 54.9 ...

  6. Business - Commodities - EARNINGS

    China Coal Energy's first-half profit plunges 76pc

    Posted Aug 18th 2014, 11:09am by Eric Ng

    ... million yuan (HK$983 million). The firm's shares traded as low as HK$4.70 yesterday, before closing 1.2 per cent lower at HK$4.76. The Hang Seng Index closed flat. Although the dismal result ...

  7. Business - Companies - EARNINGS

    CRP shares rise after it books HK$2b of impairments on coal mining assets

    Posted Aug 19th 2014, 09:35am by Eric Ng

    ... traded as high as HK$22.80 and within sight of the 52-week peak at HK$23. It was the loftiest close for the stock since settling at HK$22.80 on August 11. The power generation unit of state-owned ...

  8. Business - China Business - EARNINGS

    JD net loss widens due to increased costs following IPO

    Posted Aug 16th 2014, 01:06am by BLOOM

    ... agreed to buy a 15 per cent stake in JD and then folded its e-commerce businesses into the venture. JD shares closed at US$30.01 in US trading on Thursday. The company priced its American ...

  9. Business - China Business - EARNINGS

    China Power International Development shares fall despite 15pc profit gain

    Posted Aug 15th 2014, 12:00pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of China Power International Development fell 2.5 per cent after the company posted a 15.48 per cent year-on-year rise in net profit to 1.62 billion yuan (HK$2.04 billion) for the first six months of the year. The stock was trading as low as HK$3.16 on Friday morning. The Hong Kong-listed unit of one of the Big Five state-owned power generators, ...

  10. Business - Companies - EARNINGS

    China Everbright results dazzle

    Posted Aug 12th 2014, 02:10pm by Eric Ng

    ... of the Hang Seng Index. It closed 3 per cent higher in morning trade at HK$10.86. ...




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