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  • April 18, 2014
  • Last updated: 2:48am
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  1. Property - Hong Kong & China

    Property investment and sales speed up in China in 2013

    Posted Jan 20th 2014, 02:45pm by Reuters

    ... Reuters in Beijing Growth in real estate investment and property sales accelerated in China last year, a sign the booming property market has resisted Beijing’s sustained efforts to cool ... the National Bureau of Statistics said on Monday. Property sales rose 17.3 per cent in terms of floor space and 26.3 per cent in terms of value, the agency said in a statement on its website, ...

  2. Business - Economy

    Business sentiment up in Japan but outlook clouded by sales-tax rise

    Posted Apr 18th 2014, 01:17am by Reuters

    ... Reuters in Tokyo Confidence suggests sales tax increase may have less impact on growth than first predicted Sentiment in Japan up but outlook cloudy Confidence at Japanese manufacturers grew in April for the first time in three months, and a more moderate dip is seen over the next three months, a Reuters poll showed, suggesting the impact on economic growth from a sales tax ...

  3. Business - Companies

    Danone sales slow as Russia, China bite

    Posted Apr 17th 2014, 01:09am by Reuters

    ... Reuters in Paris First quarter dented by price increases while firm tries to rebuild position after recall Danone sales slow as Russia, China bite Danone saw underlying group sales growth slow in the first quarter. Price increases in Russia dented sales volume, while in the core dairy division, sales of high-margin baby food fell, albeit less sharply than feared. ...

  4. Business - Companies - RETAILING

    Tesco profit declines for second year as UK sales worsen

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... Bloomberg in London Tesco fails to halt profit slide as UK sales slump bites Tesco, Britain's largest retailer, reported a second consecutive decline in annual earnings after a slump in domestic sales and said it wrote down the value of assets in Europe amid deteriorating profitability. So-called group trading profit fell 6 per cent to £3.32 billion (HK$43 billion) in the year ...

  5. Business - Money - EQUITIES

    Through train threatens sales in quota scheme

    Posted Apr 16th 2014, 01:21am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Through train threatens existing quota scheme sales The upcoming "through train" scheme to allow mutual stock trading between Hong Kong and Shanghai poses a potential threat to the sales of funds that are using an existing quota scheme to invest onshore, especially for retail-oriented exchange traded funds (ETFs). Currently, foreign ...

  6. Property - Hong Kong & China - RESIDENTIAL PROPERTY

    New home sales surge in Hong Kong

    Posted Apr 15th 2014, 02:13pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Discounts at new projects lure buyers Home sales in the secondary market in Hong Kong rose modestly, while the volume of transactions in new homes surged. ... said sales in the secondary market would slow after the Easter holiday, when developers launched more new projects. In the primary market, 158 units were sold over the weekend, 4.2 times ...

  7. Business - Companies - RETAIL

    Chow Tai Fook eyes 20 per cent growth after 9 per cent drop in sales

    Posted Apr 15th 2014, 12:21am by Keira Lu Huang

    ... Keira Lu Huang Keira.huang@scmp.com Chow Tai Fook targets 20pc growth after drop Hong Kong-based jewellery giant Chow Tai Fook is banking on better sales performance in Hong Kong and Macau to revive its fortunes, after a 9 per cent drop in same-store sales in the two cities in the first quarter. Chairman Henry Cheng yesterday said the management was optimistic about a growth rate ...

  8. Business - China Business

    Lack of stimulus to drag on China's retail sales

    Posted Apr 14th 2014, 05:07am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Lack of stimulus to drag on retail sales Retail sales on the mainland are expected to remain soft for the rest of the year in the absence ... of Commerce. "People are cautious with their spending as overall economic growth slows. There's also not much exciting news from the government to boost the retail sector." Retail sales ...

  9. Business - Banking & Finance - INVESTMENT

    China bond sale suffers setback amid expected of rate rises

    Posted Apr 12th 2014, 12:59am by BLOOM

    ... Bloomberg in Shanghai Expected rate rises amid tightening liquidity erode investor demand for government debt China bond sale suffers setback on rate outlook The Ministry of Finance failed ... rates will climb further." The last government debt sale to raise less than planned was on June 14, during a record cash crunch that drove the seven-day repo rate fixing to a record high ...

  10. Business - Banking & Finance

    China property trust sales drop 49pc in first quarter

    Posted Apr 12th 2014, 12:59am by BLOOM

    ... Bloomberg in Shanghai Developer balance sheets under pressure as credit tightens on default risk worries Property trust sales drop 49pc in quarter Mainland developers raised 49 per cent ... property trust offerings accounted for 30 per cent of total trust sales in the first quarter, down from 33 per cent in the fourth quarter of last year, Use Trust said. Its figures ...




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