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  • October 25, 2014
  • Last updated: 10:50am
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  1. Mobile operators grow at expense of China Telecom

    Posted Feb 21st 2006, 12:00am by Georgina Lee

    ... Georgina Lee User base increases at China Mobile and Unicom as phone lines lose lustre China's two mobile operators recorded solid growth last month, unlike fixed-line giant China Telecom, which added fewer subscribers as mainlanders continued to rep ...

  2. Public offering's in the bag for Milan Station

    Posted May 11th 2011, 12:00am

    ... of operating outlets in Hong Kong's prime shopping locations such as Causeway Bay and Central, where most of its stores are located, have risen substantially. Rental expenses surged 38.9 per cent ... the handbag chain 10 years ago, said Milan Station would continue to rent its 14 stores in Hong Kong, Macau and Beijing. Rental expenses would be kept between 6 and 10 per cent of the company revenue, ...

  3. Home rents to drop at top end of town

    Posted Dec 20th 2011, 12:00am

    ... and abroad. Prestige home rentals in Hong Kong could fall between 5 per cent and 20 per cent as demand from previously cashed-up tenants, particularly those in the banking and finance sectors, ... announced plans to reduce staff worldwide. HSBC, Hong Kong's biggest bank by deposits, will cut 3,000 jobs in the city over the next three years as part of its plan to trim expenses throughout ...

  4. China Auto puts off US share offering

    Posted Apr 26th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com China Auto Rental, the country's largest car-rental provider, postponed its US share offering due to weak demand, a sign that the raft ... drought for Chinese companies' US listings. 'Due to the current capital-market conditions, China Auto Rental Holdings has decided to postpone its proposed initial public offering,' ...

  5. How hi-tech broker takes on giants

    Posted May 06th 2007, 12:00am by Enoch Yiu

    ... from churning trades, burning relationships in the process. 'I prefer to selectively serve high-quality clients,' he said. Rental expense is another area he carefully controls. ... sq ft. 'This saves me HK$170,000 in rental payments a month,' he said. He, his five dealers and one administrative assistant are now able to execute five times as many trades ...

  6. Business - Money - STOCKS

    For once it may not be wise to sell in May

    Posted May 20th 2013, 12:00am by Jeanny Yu

    ... double-digit growth this year, triggering speculation investors might take profits from those expensive markets and move to China. Research company EPFR reported that fund flows in the Hong Kong ...

  7. Business - Money - PROPERTY

    Developers extend rally amid absence of curbs

    Posted Jan 18th 2013, 12:00am by PEGGY SITO AND PAGGIE LEUNG

    ... available in the coming three to four years and 22,000 public rental units would be available for allocation each year. "In context of where future supply comes from in various channels, fast ...

  8. Mainland's first fund aimed at car services

    Posted Jul 12th 2011, 12:00am

    ... segments such as rentals, logistics, financing and exhibitions rather than car assemblers. The fund will be managed by China Huarong Asset Management and China Orient Asset Management, the firms ... rentals, are at a rudimentary stage and have a huge potential.' For more than a decade, licensed firms on the mainland have been allowed to lend money for car purchases. But the lenders' ...

  9. Frustrated sellers turn to leasing

    Posted Oct 19th 2011, 12:00am

    ... their properties rather than sell at present market values. 'This allows them to capitalise on the low vacancy rates and strong demand for rental properties, particularly in the upper end of the market,' says Nathan King, director of valuation business LMW Hegney. For while Perth's median house price remains on a protracted decline, rentals are continuing a strong upward trend- ...

  10. Uncertainty clouds China Yongda IPO

    Posted May 26th 2012, 12:00am

    ... said. Meanwhile, China Auto Rental- the first Chinese firm seeking to list on New York's Nasdaq exchange, said it had withdrawn its application due to the poor market situation. ...




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