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  • September 16, 2014
  • Last updated: 10:14am
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  1. Business - China Business - EARNINGS

    Kaisa net profit up 34pc

    Posted Aug 20th 2014, 03:31pm by Langi Chiang

    ... future business expansion and capture any business opportunities arising.” The Shenzhen’s No 1 developer bought 16 parcels of land in the first half worth 9 billion yuan, with 98.4 per cent in first- and second-tier cities. As of the end of June, its total land bank amounted to 23.6 million square metres. It also secured government approval for the redevelopment of Shenzhen Futian ...

    http://www.scmp.com/business/china-business/article/1577696/kaisa-net-profit-34pc
  2. Business - Banking & Finance - EARNINGS

    ICBC profit up 7 per cent as bad loans held in check

    Posted Aug 29th 2014, 01:14am by DON WEINLAND

    ... "The central bank required banks to cut service fees and this influenced net interest income across the whole industry," said Richard Cao, a Shenzhen-based analyst at Guotai Junan ...

    http://www.scmp.com/business/banking-finance/article/1581603/icbc-profit-7-cent-bad-loans-held-check
  3. Business - China Business - EARNINGS

    BYD pins hopes on new-energy vehicles after profit drops

    Posted Aug 26th 2014, 01:10am by Kwong Man-ki

    ... after reporting worse-than-expected first-half results and issuing a warning on third-quarter profit. Wang Chuanfu, chairman of the Shenzhen-based carmaker, said NEV sales in the second half ...

    http://www.scmp.com/business/china-business/article/1580659/byd-pins-hopes-new-energy-vehicles-after-profit-drops
  4. Business - Companies - EARNINGS

    MTR to take HK$3 b hit over project delays

    Posted Aug 25th 2014, 05:36pm by CHIM SAU-WAI, JING YANG

    ... were overshadowed by the announcements of delays in its new rail projects in Hong Kong, in particular the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link. MTR said ...

    http://www.scmp.com/business/companies/article/1580581/mtr-net-grows-285pc-profit-property-development-slumps
  5. Business - Companies - EARNINGS

    Singamas braces for big rush in container orders

    Posted Aug 21st 2014, 04:04pm by JING YANG

    ... the company would be less penalised than its bigger Shenzhen-based rival China International Marine Containers because of its non-Chinese ownership. "Many of our US customers say our products ...

    http://www.scmp.com/business/companies/article/1578490/singamas-container-profits-sink
  6. Property - Hong Kong & China - EARNINGS

    Poly Property to step up sales drive to meet annual target

    Posted Aug 21st 2014, 03:58pm by LANGI CHIANG AND PEGGY SITO

    ... it with Poly Real Estate, which is listed in Shenzhen. He gave no timetable or details. Poly Property shares fell 1.4 per cent to end at HK$3.53 yesterday after it reported a 42.2 per cent drop ...

    http://www.scmp.com/property/hong-kong-china/article/1578489/poly-property-profit-down-422pc
  7. Business - China Business - EARNINGS

    ZTE gears up for increase in 4G projects in second half

    Posted Aug 21st 2014, 01:28am by BIEN PEREZ

    ... the second half," chairman Hou Weigui said in the company's filing with the Hong Kong stock exchange yesterday. Shenzhen-based ZTE has generated plenty of gains from the massive ...

    http://www.scmp.com/business/china-business/article/1577965/zte-gears-increase-4g-projects-second-half
  8. Property - Hong Kong & China - EARNINGS

    Cost focus helps Country Garden and China Resources Land boost margins

    Posted Aug 20th 2014, 01:34am by Langi Chiang

    ... yesterday that it had signed a memorandum of understanding to acquire several property projects from its parent firm, including the Dachongcun project and the Sanjiu Yinhu project in Shenzhen ...

    http://www.scmp.com/property/hong-kong-china/article/1577245/cost-focus-helps-country-garden-and-china-resources-land
  9. Business - Companies - EARNINGS

    Coolpad looks overseas to expand smartphone sales

    Posted Aug 21st 2014, 01:22pm by BIEN PEREZ

    ... cover from the high-end to mid- and low-end," Guo said. Shenzhen-based Coolpad posted a 94 per cent increase in first-half net profit to HK$412.86 million, up from HK$212.44 million a year ...

    http://www.scmp.com/business/companies/article/1578382/coolpad-looks-overseas-expand-smartphone-sales
  10. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... yuan a year earlier. The Shenzhen-based company did not provide a net profit figure but said it achieved an operating margin of 18.3 per cent in the first six months of the year. "Revenue ...

    http://www.scmp.com/business/china-business/article/1557079/huawei-sees-solid-year-after-first-half-sales-grow-19-cent

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