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  • November 28, 2014
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  1. Business - China Business - COMMERCE

    Suning Appliance buys Redbaby as part of big retail plans

    Posted Sep 26th 2012, 12:00am by Celine Sun

    ... to join ranks of retailing giants Suning Appliance, China's largest electrical appliance retailer, has bought a leading e-commerce seller of maternal and baby products, taking it one step closer to its goal of becoming the country's answer to Walmart and Amazon. The Nanjing-based retailer has bought Redbaby, a shopping portal based in Beijing, for US$66 million. The company ...

  2. Online retailers lift game with delivery, discounts

    Posted Feb 10th 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing The mainland's online retailers raised their game this Lunar New Year holiday, offering delivery services and massive discounts. The Lunar New Year 'golden ... attributed this to improved delivery services and the wider variety of products. Another website, coo8.com, which was acquired by retailing chain Gome Electrical Appliances Holding in November last ...

  3. British retailer to pay a record HK$620psf for IFC Mall shop

    Posted Jan 25th 2010, 12:00am by Sandy Li

    ... Sandy Li A British high-fashion retailer selling hair accessories and scarves has agreed to pay HK$620 per square foot to lease space at IFC Mall, a record for shopping centres in Central. The retailer, which has not been named, will pay a monthly rental of HK$310,000 for the 500 sq ft shop, the company's first in Hong Kong. It sells an array of products, including a hair clip ...

  4. Pitfalls of retail investment

    Posted Nov 04th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Recent reports of yet another retail development coming to the market in Guangdong have triggered painful memories for small investor Lisa Lau, who lost a 100,000 yuan ... buy a retail shop on the mainland again. There are too many things that are out of one's control,' said Lau. In the early 1990s, she bought a 100 square metre shop in Danshui ...

  5. Veteran investor quits pricey retail sector as yields decline

    Posted Oct 21st 2009, 12:00am by Peggy Sito

    ... Peggy Sito The spiralling prices of retail shops in Hong Kong have driven investment yields in the sector to unreasonably low levels, according to a veteran retail property investor who has quit the market which he says has become overvalued. 'Retail property is no longer a viable investment vehicle,' said Edwin Leong Siu-hung, the chairman and founder of Tai Hung ...

  6. Banks assign investing zone for retail clients

    Posted Oct 03rd 2009, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong depositors have more protection against the mis-selling of investment products under new rules to tighten banks' sales practices following the Lehman Brothers Holdings minibond scandal, but they have to spend more time to buy an investment product from the lenders. From yesterday, retail banks are required to physically separate retail investment ...

  7. CRE budgets HK$2b for retail expansion

    Posted Sep 04th 2009, 12:00am by Eric Ng

    ... Eric Ng China Resources Enterprise (CRE), the retail and food and beverage unit of state-backed conglomerate China Resources (Holdings), has budgeted HK$2 billion for its retail business ... overall mainland economy has shown signs of bottoming out and stabilisation following the government's economic stimulus policies,' Chen said. 'The mainland retail industry ...

  8. Chinese Estates selling six retail shops in Causeway Bay

    Posted Aug 05th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Property developer Chinese Estates Holdings plans to sell its retail shops in Causeway Bay, worth an estimated HK$2 billion, according to property agents. The company ... They said Chinese Estates planned to sell six retail shops at 24-26 East Point Road in Causeway Bay. But the plan did not include its Laforet shopping centre. The interested parties could buy ...

  9. Funds swoop on mainland residential, retail projects

    Posted Jul 15th 2009, 12:00am by Staff Reporter

    ... become the most preferred target for many investors and fund managers, while the retail sector ranks the highest among fund of fund managers, according to a recent survey by the Asian Real Estate ... by Dutch retail property giant Redevco last week. Redevco made its first foray into the mainland by spending 750 million yuan (HK$850.73 million) for a 50 per cent stake in a 100,000 square metre ...

  10. Sportswear retailer targets US$200m in IPO

    Posted Jun 11th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun and Tim LeeMaster Mainland sportswear retailer 361? International is following in the footsteps of its four biggest domestic rivals by seeking a market listing. It hoped ... are the top two largest sportswear retailers on the mainland with a combined 33.7 per cent market share. 361? the country's largest sportswear retailer, starts its pre-marketing on Monday ...




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