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  • October 31, 2014
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  1. Business - Companies

    Sales down at fashion retailer I.T amid street protests

    Posted Oct 28th 2014, 05:42am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com I.T sales off 30pc in holiday week Fashion retailer I.T's sales during the National Day golden week holiday dropped an average of 30 per cent, while ... on in the long term, it may have some lingering effects regarding retail sentiment," China Merchants Securities retail analyst Eugene Mak said. "They had some mishaps [last year] in terms ...

    http://www.scmp.com/business/companies/article/1626290/sales-down-fashion-retailer-it-amid-street-protests
  2. Business - Money - FUNDS

    Retail investment funds set for third record year

    Posted Oct 27th 2014, 05:19am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Sales increase 11 per cent in the first eight months to US$56.6 billion as investors look for better returns from bonds and equities Retail investment funds head for third record year Retail fund sales are on track for a third consecutive record year as they reached US$56.6 billion in the first eight months, an increase of 11 per cent from the same ...

    http://www.scmp.com/business/money/markets-investing/article/1625427/retail-investment-funds-set-third-record-year
  3. Business - Money - LISTINGS

    CGN Meiya Power woos retail traders in IPO aiming to raise up to HK$1.8b

    Posted Sep 19th 2014, 10:52am by Benjamin Robertson

    ... near Shenzhen, opened its books to local retail investors on Friday morning. It hopes to raise between HK$1.5 billion and HK1.8 billion in an initial public offering. Meiya specialises ... group CGNPC. Some 103 million shares have been allocated to Hong Kong retail investors. Meiya expects to raise HK$1.53 billion, assuming an average price of HK$1.65 per share, and has already ...

    http://www.scmp.com/business/money/markets-investing/article/1595897/cgn-meiya-power-woos-retail-traders-ipo-aiming
  4. Business - Money - LISTINGS

    China's Car Inc raises HK$3.4b in IPO after rush from retail investors

    Posted Sep 18th 2014, 10:01am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Car rental IPO a hit with retail investors China's largest car rental company has left competitors trailing in its dust after raising HK$3.4 billion in a Hong Kong initial public offering that was especially popular with retail investors. At HK$8.50 each, shares of Car Inc, formerly known as China Auto Rental, were priced ...

    http://www.scmp.com/business/money/markets-investing/article/1595261/chinas-car-inc-raises-hk34b-ipo-after-rush-retail
  5. Business - Companies - RETAIL

    Denim retailers look to innovate

    Posted Sep 15th 2014, 09:29am by TIFFANY AP

    ... at the Queens Road Central store named Anna said, pointing to the American retailer’s new stretch and recovery denim and hybrid legging-jeans. It is hard to imagine retailers going to such lengths ... with the blue jean and denim-focused retailers are now scrambling to innovate their products. The trend is most evident in the US where jean sales fell 6 per cent over the past year (premium denim fared ...

    http://www.scmp.com/business/companies/article/1592945/denim-retailers-look-innovate
  6. Business - Companies - LISTINGS

    Alibaba who? US retail investors not that interested

    Posted Sep 08th 2014, 09:54am by Reuters

    ... in Hoffman Estate, Illinois, braced themselves for a wave of frantic calls from retail investors wanting to get in on the action. Alibaba, which sells more than Amazon and eBay combined, could raise ... was less than predicted. Retail investors generally get only 10 to 20 per cent of shares in big listings, and several advisers said they had expected a scramble from clients. But the phone has ...

    http://www.scmp.com/business/companies/article/1587667/alibaba-who-us-retail-investors-not-interested
  7. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Takings for last month were down 3.1pc on last year as mainland graft drive continued to bite Retail sales still gloomy despite summer holiday The summer holidays brought no relief for hard-pressed shopkeepers as retail sales declined for the sixth consecutive month- and retailers see no relief in sight until winter. Total sales were down 3.1 per cent ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  8. Business - China Business

    Corrections & Clarifications

    Posted Mar 06th 2013, 02:18am

    ... In “ MGM builds presence in Cotai strip ”, published on February 28, MGM China was misidentified as a joint venture between two parties. It is, in fact, a subsidiary of MGM Resorts International and partly owned by Pansy Ho Chiu-king. In “ Don’t cap visit ...

    http://www.scmp.com/business/china-business/article/1181150/corrections-clarifications
  9. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

    Posted Aug 28th 2014, 05:03am by Kwong Man-ki

    ... Life Insurance is seeking to diversify its investment portfolio by planning to invest in China Petroleum & Chemical Corp's (Sinopec) retail unit after reporting better-than-expected ... with Phillip Securities. "China Life has a bigger chance to be shortlisted with its background as a state-backed company," Chen said, adding a capital investment in the retail unit ...

    http://www.scmp.com/business/china-business/article/1581324/insurer-china-life-diversifies-bid-sinopec-retail-unit
  10. Business - Money - LISTINGS

    Lukewarm retail response sees China Vast add to international IPO offering

    Posted Aug 22nd 2014, 10:36am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast IPO sees tepid retail response China Vast Industrial Urban Development saw the retail tranche of its initial public offering only 97 per cent ... the international portion will represent 90.25 per cent of the global offering, with the rest going to Hong Kong retail investors. The initial offering had 31.97 million shares allotted for retail ...

    http://www.scmp.com/business/money/markets-investing/article/1579012/lukewarm-retail-response-sees-china-vast-add

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