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  • September 18, 2014
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  1. Great mall of China

    Posted Dec 19th 2004, 12:00am by Staff Reporter

    ... Didi Kirsten Tatlow As Richard Nixon might have said: it is a great mall. Actually, what Nixon said on February 24, 1972, during that historic first visit by a United States president to Communist China, was the Great Wall of China was 'a great wall& ...

  2. Sex shop owner is intent on changing industry's image

    Posted Feb 02nd 2004, 12:00am by Jon Campbell

    ... Jon Campbell The stores that were once taboo are gaining acceptance among Beijingers Emily Meng says the location of her shop, the G-Spot, Beijing's newest sex shop, is perfect. Hidden deep in a maze of crumbling apartment buildings off the Sanlitun ...

  3. Mainland tourists spend less in HK

    Posted Oct 05th 2004, 12:00am by Carrie Chan

    ... A spokeswoman for electrical retailer Fortress said sales of appliances at 18 branches frequently visited by tourists rose by 20 per cent on October 1 compared with the same day last year. Since the start of 'golden week', the Tourism Board has received three complaints from mainland tourists against an airline, a retailer and a travel agency. ...

  4. Vehicle demand helps drive retail sales up 7.3pc, but growth slows

    Posted Dec 08th 2004, 12:00am by Nick Gentle

    ... Nick Gentle Strong vehicle sales and continued demand for electrical and photographic equipment helped lift retail sales in October, the Census and Statistics Department said yesterday. The department said the value of retail sales rose by a provisional 8.6 per cent year on year during the month, to $15.9 billion. Adjusted for price changes over the year, the volume of sales rose by 7.3 ...

  5. Sign of recovery for retail sales

    Posted Feb 07th 2004, 12:00am by Staff Reporter

    ... Hong Kong's December retail sales grew at their fastest pace in almost a year, boosted by rising consumer confidence and high-spending mainland visitors. Shoppers rang up about $16.6 billion worth of transactions during the month, 6.7 per cent more than in the same period a year ago. After adjusting for price changes, retail sales volume expanded by 5.8 per cent. Improving ...

  6. Retail investors swamp Air China's $8.68b offer

    Posted Dec 09th 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min The retail tranche of Air China's public offering was more than 170 times subscribed when it closed yesterday. An estimated $148 billion worth of shares had been applied for in the mainland's largest international carrier. The retail tranche is 10 per cent of the share offering of up to $8.68 billion. In dollar terms, retail demand for Air China was nearly double what ...

  7. Card row sparks retailer boycott

    Posted Jun 02nd 2004, 12:00am by Sandy Li

    ... to pay cash for purchases today and tomorrow after the city government failed to stop a retail coalition launching the city's first card service boycott. Negotiations between a coalition of 46 retailers and Shenzhen's branch of China UnionPay over credit and debit-card transaction charges failed to reach a compromise by yesterday's deadline. Lu Rong, business manager ...

  8. Retail investors warm to Ping An

    Posted Jun 18th 2004, 12:00am by Staff Reporter

    ... Stanley Capital International index series. China's No2 life insurer is looking to raise up to $16.48 billion, with 5 per cent earmarked for retail investors. Given that the retail subscription rate was said to exceed the 50 times threshold, the retail portion is likely to be increased to 15 per cent, however. The price will be determined today, with one source estimating ...

  9. Top banks chase small clothing retailer's listing mandate

    Posted Oct 11th 2004, 12:00am by Staff Reporter

    ... fierce competition for their listing mandate, but at least five investment bankers bid for the fashion retailer's upcoming HK$400 million initial public offering. The reason: the deal- like ... and Morgan Stanley. CLSA came out the winner. The Hong Kong-based fashion retailer aims to float on the Hong Kong stock exchange in the first quarter of next year, in a deal expected to generate ...

  10. Government planning $240m package to compensate poultry retailers

    Posted May 25th 2004, 12:00am by Staff Reporter

    ... CHANDRA WONG Updated at 2.07pm: The government was planning to compensate licensed live poultry retailers with a $240 million package, local media reported on Tuesday. Legislative Council's Food Safety and Environmental Hygiene panel chairman Fred Li Wah-ming said the government intended compensating retailers who had voluntarily closed their businesses. Compensation to each ...




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