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  • July 30, 2014
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  1. Business - Companies - EARNINGS

    LVMH sales slow in Hong Kong as Chinese demand drops globally

    Posted Jul 25th 2014, 11:58am by Reuters

    ... It also said fewer tourists, particularly from mainland China, were shopping in Hong Kong because of pro-democracy protests. Many leading luxury brands generate more than 10 per cent ...

    http://www.scmp.com/business/companies/article/1558885/lvmh-sales-slow-hong-kong-chinese-demand-drops-around-world
  2. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... months such expenses had levelled out. "We hope to keep it under 50 per cent or so," Chan said. "If it's not in the prime shopping districts it has actually been reasonable, ... worldwide- and is waiting for a new batch of casino resorts to open. In March, the group had 1,268 shops globally, including 45 in Hong Kong, 10 in Macau and 1,208 on the mainland. Although ...

    http://www.scmp.com/business/companies/article/1541297/jeweller-luk-fook-posts-record-profit-hk186b-after-gold-binge
  3. Property - Hong Kong & China - EARNINGS

    Link Reit distributable income jumps 14pc

    Posted Jun 04th 2014, 02:10pm by Peggy Sito

    ... HK$1.24 billion in four shopping centres. The money will be used as general working capital. On the reit's plans to expand its portfolio across the border, Hongchoy said it could deploy about ...

    http://www.scmp.com/property/hong-kong-china/article/1525222/link-reit-distributable-income-jumps-14pc
  4. Business - Companies - EARNINGS

    China Resources, Tesco mull joint bid for ParknShop

    Posted Aug 22nd 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com China Resources, Tesco mull joint bid for ParknShop Tesco, Britain's largest retailer, may join forces with state-backed China Resources Enterprise to bid for ParknShop. Frank Lai Ni-hium, the chief financial officer of China Resources, said the two companies were "in discussion" that might lead to a possible joint bid ...

    http://www.scmp.com/business/companies/article/1298488/china-resources-tesco-mull-joint-bid-parknshop
  5. Business - China Business - EARNINGS

    CRE feels effect of economic slowdown

    Posted May 27th 2014, 01:34am by Sophie Yu

    ... retail, beer, food and beverage operations. The retail segment contributed two-thirds of its revenue. "With the rapid growth of e-commerce, some consumers engaged in online shopping during ...

    http://www.scmp.com/business/china-business/article/1519773/cre-feels-effect-economic-slowdown
  6. Business - China Business - EARNINGS

    Gome gains as online focus pays dividends

    Posted May 20th 2014, 12:56am by TIFFANY AP

    ... Gome closed its six remaining Hong Kong shops in January last year to focus on the mainland. A Jefferies report in March said the electrical appliance retailing market was expected to expand ...

    http://www.scmp.com/business/china-business/article/1515926/gome-gains-online-focus-pays-dividends
  7. Business - Companies - EARNINGS

    SJM shares fall to eight-month low after revenue misses estimates

    Posted May 14th 2014, 01:20am by BLOOM

    ... year. Competition is intensifying for the owner of the Grand Lisboa casino in Macau's city centre as operators including Sands China and Galaxy Entertainment lured gamblers with shopping ...

    http://www.scmp.com/business/companies/article/1511494/sjm-shares-fall-eight-month-low-after-revenue-misses-estimates
  8. Business - Companies - EARNINGS

    Mass-market gamblers boost Sands China profit

    Posted Apr 26th 2014, 01:21am by BLOOM

    ... reported first-quarter results that beat analysts' estimates. Sands China and Galaxy Entertainment are among Macau casinos attracting more holidaymakers as they added shopping malls, theatres ...

    http://www.scmp.com/business/companies/article/1497254/mass-market-gamblers-boost-sands-china-profit
  9. Property - Hong Kong & China - EARNINGS

    Apex Benchmark attacks Midland management over record loss

    Posted Apr 02nd 2014, 05:47am by Sandy Li

    ... shops. We heard a number of the firm's outlets are owned by the chairman," he said. Midland has said it had HK$1.43 billion of cash and bank balances in December. Mau warned Apex could ...

    http://www.scmp.com/property/hong-kong-china/article/1462820/apex-benchmark-attacks-midland-management-over-record-loss
  10. Business - China Business - EARNINGS

    Shimao Property seals mortgage loan deal with banks

    Posted Mar 26th 2014, 06:34am by Sandy Li, Langi Chiang

    ... properties to shore up cash flow to finance construction costs and land premiums and reduce debt. He said Shimao would build more "mini" shopping centres and hotels instead of large ...

    http://www.scmp.com/business/china-business/article/1457346/shimao-property-seals-mortgage-loan-deal-banks

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