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  • November 1, 2014
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  1. News - Hong Kong - HOUSING

    2,160 cheap flats to go on sale next month

    Posted Nov 01st 2014, 04:25am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com First new homes offered under revived scheme will cost as little as HK$1.9m, but public housing tenants will take the lion's share again 2,160 cheap flats to go on sale next month Some 2,160 new subsidised flats will go on the market at the end of next month at prices of as little as HK$1.9 million, sources with knowledge of the plan said. ...

    http://www.scmp.com/news/hong-kong/article/1629339/2160-cheap-flats-go-sale-next-month
  2. Business - Companies - RETAIL

    Tse Sui Luen Jewellery profit plunges 45.7pc after fall in gold sales

    Posted Oct 31st 2014, 02:54pm by TIFFANY AP

    ... this year of a "gold rush effect". Industry-wide gold sales jumped last year starting in April due to a sudden drop in the price of bullion. Chan said the weakening of overall demand from mainland consumers also played a factor. "We experienced a softening of sales through the year but in September it rose and it was quite a decent rise," he said. Turnover declined 14.6 ...

    http://www.scmp.com/business/article/1629055/tse-sui-luen-jewellery-profit-plunges-457pc-after-fall-gold-sales
  3. Comment - Insight & Opinion - MY TAKE

    Are we barking up the wrong tree on British weapons sales to Hong Kong?

    Posted Oct 29th 2014, 05:35am by Alex Lo

    ... Alex Lo alex.lo@scmp.com Barking up wrong tree on weapons sales Some British members of parliament and our own pan-democrats have waxed indignant about Britain's sale of tear gas to Hong Kong police. They are barking up the wrong tree. It's predictable politicians in both places will try to score cheap points, but there is nothing wrong with the sale and purchase ...

    http://www.scmp.com/comment/insight-opinion/article/1626987/are-we-barking-wrong-tree-british-weapons-sales-hong-kong
  4. Business - Companies - INTERNET

    WhatsApp returns US$10m in sales after Facebook's US$22b acquisition

    Posted Oct 30th 2014, 06:26am by Bloomberg

    ... Bloomberg in San Francisco Zuckerberg says he is in no rush to make money from US$22b acquisition despite US$138m loss Facebook's WhatsApp returns US$10m in sales The numbers ... regarded as lofty, at 19 times projected sales. Still, the results illustrate how far Facebook has to go to get its money's worth for the app, which gets revenue by charging 99 US cents ...

    http://www.scmp.com/business/companies/article/1627871/whatsapp-returns-us10m-sales-after-facebooks-us22b-acquisition
  5. Property - International - UNITED STATES

    Sales of new homes in US jump 0.2pc to 6-year high

    Posted Oct 29th 2014, 05:28am by Reuters

    ... Reuters in Washington Sales of new homes climb to six-year high Sales of new single-family homes climbed to a six-year high in the United States last month, but a sharp downward revision to August's sales pace indicated the housing recovery remains tentative. The Department of Commerce said sales rose 0.2 per cent to a seasonally adjusted annual rate of 467,000 units, the highest ...

    http://www.scmp.com/property/international/article/1626840/sales-new-homes-us-jump-02pc-6-year-high
  6. Business - Companies

    Belle same store sales hurt by growth in China e-commerce

    Posted Oct 29th 2014, 05:33am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Belle sales hurt by growth of e-commerce Footwear retailer Belle International expects same store sales to shrink this year as traffic at mainland department stores, a major sales channel, slows as a result of e-commerce. "Earlier this year we thought we could maintain the level of growth but looking at this point in time, ...

    http://www.scmp.com/business/companies/article/1627127/belle-same-store-sales-hurt-growth-china-e-commerce
  7. 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 ... as possible". The company reported profit grew in the six months to the end of August, helped by a low base from last year after the company abruptly halted promotions, which caused sales to decline. ...

    http://www.scmp.com/business/companies/article/1626290/sales-down-fashion-retailer-it-amid-street-protests
  8. Business - Companies - EARNINGS

    Shenyang Public Utility shares plunge after share-sale plan scrapped

    Posted Oct 24th 2014, 12:34pm by TIFFANY AP

    ... management business. The developer announced its decision not to proceed with the share sale in a statement to the stock exchange on Thursday night. Share in Shenyang Public Utility, which had been ...

    http://www.scmp.com/business/companies/article/1623667/shenyang-public-utility-shares-plunge-after-share-sale-plan
  9. Business - China Business - EARNINGS

    China slowdown contributes to Unilever's 2 per cent drop in sales

    Posted Oct 24th 2014, 04:19am by AFP

    ... Agence France-Presse in The Hague Unilever sales affected by slowdown in China Dutch food and cosmetics giant Unilever posted a 2 per cent drop in third-quarter sales yesterday, blaming ... channels" in China, leading to a drop in underlying sales of around 20 per cent. In Europe, sales of one of Unilever's star performers, ice cream, was affected by a wet summer but growth ...

    http://www.scmp.com/business/china-business/article/1623290/china-slowdown-contributes-unilevers-2-cent-drop-sales
  10. Business - Companies - FUNDRAISING

    Artini follows up profit alert with HK$186m offer for sale of new shares

    Posted Oct 24th 2014, 10:23am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Jewellery and accessories brand Artini is seeking to raise HK$185.6 million by issuing new shares at a heavy discount, a day after it issued a profit warning, the company said on Friday morning. Artini plans to issue 1.85 bi ...

    http://www.scmp.com/business/companies/article/1623590/artini-follows-profit-alert-hk186m-offer-sale-new-shares

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