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  1. Spring's sproutings include disconcerting signs of the times

    Posted Apr 16th 2008, 12:00am by Staff Reporter

    ... Tim Bryan London Spring is here. Amid the sunshine and April showers, flowers in window boxes and blossoms on trees, London has another colourful sight: a bloom of 'For Sale' signs. The boards were nearly non-existent last year, when properties were snapped up before agents could even find a hammer. Now things are different. Signs are going up outside homes, ...

  2. Bank of China looks at spring offer as ADB becomes strategic investor

    Posted Oct 11th 2005, 12:00am by Staff Reporter

    ... Bei Hu Bank of China (BOC) is angling for an initial public offering in Hong Kong next spring after finalising the last of a string of strategic stake sales to foreign investors. The mainland's second-largest commercial bank by assets will put 15 per cent of its shares up for sale during the offering, raising the combined holdings of foreign public and strategic investors ...

  3. Cathay, mainland airlines stocks soar after US oil price drop

    Posted May 07th 2011, 12:00am

    ... Keith Wallis Shares in Cathay Pacific Airways and the big three mainland airlines soared yesterday, a day after United States oil prices fell below the psychologically important US$100 per ... to US$110.46 per barrel. China Southern Airlines saw the largest gains, its stock rising 7.07 per cent to close at HK$4.24, although the share price hit HK$4.28 shortly after the market opened. ...

  4. Authorities spring capital gains tax on sellers of villas

    Posted Jul 07th 2005, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai District authorities in Shanghai have started levying a tax of up to 60 per cent on second-hand sales of residential villas, according to industry sources. The tax, introduced quietly last month with no media attention, is in ...

  5. Beijing and foreign banks row over airlines' fuel bets

    Posted Sep 08th 2009, 12:00am by Charlotte So, Naomi Rovnick

    ... racked up by state-owned airlines which ran into the red on derivatives contracts. Air China, China Eastern and Shanghai Airlines have reported losses of almost US$2 billion since last year ... it would conduct an internal investigation into the contracts banks sold these airlines. 'The purpose of the move is to protect our own interests by resorting to legal actions in commercial ...

  6. Mainland government is opening skies for airlines

    Posted Sep 29th 2008, 12:00am by Andrea Li

    ... traditionally called the shots on many issues including the approval of airlines' licences and routing rights, is increasingly signing bilateral air agreements with other countries and opening up ... carriers. HSBC analysts in a research report said that the airline's fuel expenditure should account for 42 per cent of its total operating costs this year. About half of the carrier's ...

  7. Little hope of a soft landing for mainland airline stocks

    Posted Aug 29th 2008, 12:00am by Tom Holland

    ... with Tom Holland The bloodbath among Asia's airlines has continued this week. On Wednesday, Air China announced its first-half profits fell 20 per cent compared with last year. Meanwhile, China Eastern Airlines booked a loss. Like airlines worldwide, mainland carriers have been hammered by higher fuel bills but with the added blows of sharply rising wage costs and a slump ...

  8. Lai See

    Posted Jan 12th 2008, 12:00am by Ben Kwok

    ... spring-like weather in January, the stock market is spreading winter chills. Out of eight trading days so far this year, six found the Hang Seng Index in negative territory. Despite the Dow Jones ... of flattery. But, it may not be so for top guns in the China/Hong Kong airline industry. We have received an e-mail detailing the China National Aviation Corp/Air China/Cathay Pacific offer to buy ...

  9. Boeing pushes Cape Town Treaty on aircraft transactions

    Posted Nov 05th 2010, 12:00am by Charlotte So

    ... the rights of bondholders and creditors in the event of an airline bankruptcy, he said. Export credit funding from the US, Germany, France and Britain has been a lifeline to the industry, providing ...

  10. Air China fuel hedging loss triples to 3.1b yuan

    Posted Nov 22nd 2008, 12:00am by Staff Reporter

    ... yuan, against a 3.49 billion yuan profit in the same period last year. Cathay Pacific, the largest airline operator in Hong Kong, issued a profit warning early this month, saying that 2008 financial results will be disappointing due to losses on fuel hedging and weakness in revenue. Cathay Pacific, along with other major airlines, entered into hedging contracts to balance out surging ...




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