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  • October 31, 2014
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  1. Business - China Business - EARNINGS

    China Overseas Land & Investment lifts operating profit 13.4pc

    Posted Oct 21st 2014, 01:55pm by Sandy Li

    ... of the broader market. The developer bought five sites – in Tianjin, Wuxi, Kunming, Xian and Guangzhou – for a total of HK$9.5 billion in the third quarter. Shares in China Overseas Land were down 0.7 ...

    http://www.scmp.com/business/china-business/article/1621228/china-overseas-land-investment-lifts-operating-profit-134pc
  2. Business - Companies - EARNINGS

    Hutchison Harbour Ring profit dives

    Posted Oct 21st 2014, 10:29am by TIFFANY AP

    ... million. Revenue grew to HK$70.25 million from HK$65.15 million in the same period last year. However, interest income fell 20 per cent year on year to HK$60.82 million. Other income, which ...

    http://www.scmp.com/business/companies/article/1621146/hutchison-harbour-ring-profit-dives
  3. Business - Banking & Finance - EARNINGS

    Long, hard road ahead for HSBC and StanChart

    Posted Oct 20th 2014, 05:05am by DON WEINLAND

    ... high-risk transactions, the majority of which originated in Hong Kong. But their troubles moving towards the end of the year extend beyond regulation. Both banks are still mired in a low interest ...

    http://www.scmp.com/business/banking-finance/article/1620195/long-hard-road-ahead-hsbc-and-stanchart
  4. Business - Companies - EARNINGS

    Sands China on target with 3.3pc profit gain in third quarter

    Posted Oct 16th 2014, 02:03pm by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Macau casino operator posts earnings of US$809 million for quarter, meeting analyst forecasts despite squeeze in market conditions Sands China on target with 3.3pc profit gain Macau casino operator Sands China posted a 3.3 per cent increase in adjusted earnings before interest, tax, depreciation and amortisation to US$809 million in the third ...

    http://www.scmp.com/business/companies/article/1617593/property-earnings-help-boost-casino-operator-sands-china-third
  5. Business - Commodities - EARNINGS

    China Nickel Resources narrows first-half loss but gloomy over market

    Posted Oct 09th 2014, 10:48am by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com China Nickel Resources, a producer of special steel, remains pessimistic about the steel market despite reporting that its net loss in the first half of the year narrowed to HK$70.7 million from HK$102 million a year ago. The company, in a results announcement on Wednesday, cited pressures on its business from continued oversupply in the Chinese ...

    http://www.scmp.com/business/commodities/article/1612697/china-nickel-resources-narrows-first-half-loss-gloomy-over
  6. Business - Companies - EARNINGS

    New World cautious with new target despite record sales

    Posted Sep 24th 2014, 03:30pm by Yvonne Liu

    ... project in Tin Hau, the remaining 29 special flats at the Masterpiece in Tsim Sha Tsui and Double Cove Starview Prime in Ma On Shan. "We are interested in the tender of MTR Corp's Tai ... foot. Developers have to sell the flats with a higher price in order to make money," he said. "A rise in interest rates will put property prices under pressure. But developers [can] ...

    http://www.scmp.com/business/companies/article/1599515/new-world-developments-net-plunges
  7. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... Agency. "We will actively pursue land acquisition opportunities except small sites," Kwok said, pointing out SHKP's interest in bidding for MTR Corp's Tai Wai Station ... pursue land acquisition opportunities except small sites Thomas Kwok, SHKP co-chairman "Profit margins will not be as good as before," co-chairman and managing director Thomas Kwok ...

    http://www.scmp.com/property/hong-kong-china/article/1591291/shkp-sees-tough-times-ahead-property-developers-hong-kong
  8. Property - Hong Kong & China - EARNINGS

    SouFun falls amid price incentives for homebuyers

    Posted Sep 19th 2014, 05:34am by Bloomberg

    ... in assistance to cover their mortgage interest, renovation and management fees, details posted on the Beijing-based company's website show. The incentives are part of an effort to lure buyers ...

    http://www.scmp.com/property/hong-kong-china/article/1595555/soufun-falls-amid-price-incentives-homebuyers
  9. Business - China Business - EARNINGS

    Moody's upbeat on Chinese developers' prospects

    Posted Sep 18th 2014, 05:57am by Peggy Sito

    ... property firms rated by Moody's. However, the ratings agency said their earnings before tax and interest should rise in the second half as they completed more projects and liquidity increased ...

    http://www.scmp.com/business/china-business/article/1594936/moodys-upbeat-chinese-developers-prospects
  10. Business - Companies - EARNINGS

    Hong Kong Jockey Club seeks higher returns from alternative investments

    Posted Sep 16th 2014, 03:23am by Enoch Yiu

    ... said traditional investments in stock markets had been hurt in recent years by the financial crisis, while bond prices had been hurt by concerns over interest rate increases. "This has led ...

    http://www.scmp.com/business/companies/article/1593468/hong-kong-jockey-club-seeks-higher-returns-alternative

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