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  1. Index fails to maintain morning momentum

    Posted Jul 29th 2005, 12:00am by Staff Reporter

    ... with long traders at one stage nudging the Hang Seng Index towards 15,000 points, triggering profit taking. The benchmark index rallied 97.85 points to 14,899.71 in the morning session but ran out ... level for contracts clearing and that's why the index soared in the morning,' said Ben Kwong Man-bun of KGI Asia Securities. 'However, investors are tending to stay ...

  2. China Open survives liquidation battle

    Posted Apr 16th 2005, 12:00am by Dennis Eng

    ... added, saying that it would be even more successful than last year. According to court papers obtained by the South China Morning Post, Venancio alleged that 'the relationship between ... Dennis Eng The second edition of the China Open in Beijing will definitely be held this September despite claims of trouble over a liquidation battle, organisers Tom Group said last night. ...

  3. Ernst & Young China chief seeks to tap new openings

    Posted May 19th 2005, 12:00am by Enoch Yiu

    ... In an interview with the South China Morning Post, he said he would like to add one or two offices in the mainland every year, in addition to its offices in Hong Kong, Beijing, Shanghai, Dalian, Shenzhen, ... Enoch Yiu Ernst & Young's newly elected chairman for China and Hong Kong plans to double the company's local headcount to 8,000 and set up more offices in the mainland. David ...

  4. HSBC closing in on China bank deal

    Posted Jun 25th 2004, 12:00am by Louis Beckerling

    ... are being negotiated,' chief executive Michael Smith told the South China Morning Post yesterday. Breaking a tradition of refusing to respond to rumours, HSBC's confirmation came after regulators in the mainland were quoted in a media report saying the deal had been completed. But Mr Smith cautioned that contrary to a report citing Li Fuan, a deputy director of the China Banking ...

  5. China Telecom posts first rise in mobile user base

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... Jasmine Wang China Telecom yesterday reported the first net increase in the number of its mobile subscribers since it acquired mobile-telephone businesses last year, while bigger rival China Mobile, posted a moderate slowdown in its new customer number growth. China Telecom, the mainland's largest fixed-line operator, added 1.02 million wireless users last month, taking ...

  6. China Life stock suffers on rumour of SEC investigation

    Posted Apr 02nd 2004, 12:00am by Christine Chan, Enoch Yiu

    ... lawsuits against the firm. China Life officials have shrugged off the shareholder suits. 'In the US, almost every big company faces such lawsuits,' a China Life spokesman told the South China Morning Post yesterday. 'This is not something unusual.' 'Our operations should not be affected by this sort of thing,' he said, adding that the litigation would ...

  7. US blacklists 58 local garment firms

    Posted Jan 10th 2005, 12:00am by Toh Han Shih

    ... by the South China Morning Post found that many of the 58 blacklisted firms did not have registered phone numbers. Four Hong Kong companies have used the name of one firm on the blacklist, Hillger. One ...

  8. HK office market into full recovery

    Posted Oct 13th 2010, 12:00am by Peggy Sito

    ... said. On the other hand, demand is increasing. 'Much of this demand for office space has been driven by a combination of renewed expansion plans post-2008 financial crisis, anticipation ...

  9. China Putian president 'retires' from all posts

    Posted Jan 09th 2004, 12:00am by Staff Reporter

    ... and Administration Commission has replaced the head of China Putian Group- a move which could have implications for its long-delayed overseas listing plans. The commission, set up in April last year ... general manager and party secretary. Commission chief Li Rongrong announced Mr Ouyang's departure at a meeting with China Putian executives on Monday. Mr Li also urged China Putian to hasten ...

  10. Jet fuel blow threatens China services

    Posted Dec 02nd 2004, 12:00am by Joseph Lo

    ... Mr Su told the South China Morning Post that rule changes had permitted mainland carriers to begin dabbling in jet fuel futures, allowing them to hedge small amounts of international-use oil, ... monopoly jet fuel supplier, China Aviation Oil Holdings (CAOH), is unable to come up with a rescue package for its Singapore-listed trading subsidiary, which has run up losses estimated at US$550 ...




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