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  1. Kerry unit targets HK$10b in sales after hefty profits

    Posted Mar 18th 2011, 12:00am by Sandy Li

    ... For the year to December, it said core earnings were HK$3.4 billion, driven by strong property sales in Hong Kong. Taking into account a HK$2.9 billion revaluation gain on investment properties, net ... chief financial officer, said the developer planned to offer 1.8 million square feet of real estate in the mainland and 750,000 sq ft in Hong Kong this year. It raised contract sales target ...

  2. Cigarettes rationed after sales rush

    Posted Feb 19th 2011, 12:00am by Adrian Wan

    ... Adrian Wan With demand for cigarettes aflame in anticipation of a potential tax rise, the city's convenience stores and news vendors are limiting sales to two packs per customer. ... for more customers'. A spokesman for Li & Fung Group, which owns Circle K, said all branches started limiting sales to a maximum of two packs per transaction yesterday. The sales limit ...

  3. Secret negotiations pivotal to sale of Shaw's TVB stake

    Posted Jan 28th 2011, 12:00am by Staff Reporter

    ... Bien Perez Shareholders of Television Broadcasts (TVB) face a swift and sober conclusion to the sale of Run Run Shaw's stake in the company he founded. They can thank the 103-year-old ... that the sale price for the Shaw Brothers stake amounted to HK$8 billion, which is less than last year's rumoured offers of up to HK$10 billion. Shares of TVB slipped 2.94 per cent to close ...

  4. Huge mainland car sales open up prospects for servicing and repair

    Posted Dec 20th 2010, 12:00am by Anita Lam

    ... Anita Lam Since China overtook the United States as the world's largest car market earlier this year, investors have been competing for a slice of the lucrative after-sales and car servicing and repair market on the mainland. Do Hong Kong workshops stand a chance of benefiting from the booming market? The after-sales market- including car repairs, insurance and accessorising- ...

  5. Taobao aims for online sales revolution

    Posted Nov 02nd 2010, 12:00am by Staff Reporter

    ... to grow an average 42 per cent annually over five years and be worth 1.52 trillion yuan, or 7.2 per cent of the country's total retail sales, in 2014, according to a Deustche Bank report. Web ... Business on the site generated this number of parcels last year and accounted for 50 per cent of the market: 1b Turnover Last year's sales exceeded 200 billion yuan Combined ...

  6. Mercedes enjoys 67pc rise in sales as demand for luxury cars returns

    Posted Sep 29th 2010, 12:00am by Staff Reporter

    ... Neil Gough Mercedes-Benz is riding the post-financial crisis rebound in demand for luxury cars in Hong Kong and Macau, with sales up 67 per cent in the first eight months to almost 3,000 ... model, the CL65 AMG, touts a 12-cylinder engine and sells for HK$3.75 million. Mercedes' market share in Hong Kong and Macau is around 13 per cent in the year to date, according to sales ...

  7. Dongfeng raises target after sales in first half beat expectations

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... Neil Gough Dongfeng Motor Group, the mainland carmaking partner of Nissan, Honda and Peugeot PSA, yesterday raised its full-year sales target by as much as 10 per cent after growth ... accounted for as much as 59 per cent of the old target. Sales at the state-owned firm's joint venture with Nissan, which account for the majority of Dongfeng's revenue and profit, ...

  8. Sino Land core profit falls 2.6pc on dive in sales

    Posted Sep 03rd 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Sino Land yesterday reported a big jump in net profit but underlying earnings fell 2.62 per cent for the year to June due to lower property sales. The company's underlying ... billion. Net profit, including revaluation surplus, jumped 63 per cent to HK$6.09 billion. Revenue from property sales plunged 49 per cent to HK$4.57 billion from HK$6.81 billion. The fall ...

  9. Free-spenders send Cathay inflight sales sky high

    Posted Aug 04th 2010, 12:00am by Charlotte So

    ... but both anecdotal and hard evidence suggest that inflight sales are heading for the stratosphere. Cathay Pacific says inflight sales have soared 35 per cent year on year in the first half, and it is keen to develop online shopping to broaden its revenue stream. Cathay inflight sales have become a golden goose largely because travellers are more willing to spend when they are on board. Its ...

  10. Developers set rules for Larvotto sales

    Posted Jul 10th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The consortium led by Sun Hung Kai Properties yesterday released its new policies to enhance the transparency of sales at its new Larvotto project, a luxury residential development in Ap Lei Chau that will begin sales on July17. Andy Chan, senior sales and marketing manager at Sun Hung Kai Real Estate Agency, a subsidiary of Sun Hung Kai Properties, said the company ...




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