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  1. Japanese auction house shifts spring sale to HK

    Posted May 20th 2011, 12:00am

    ... Chris Ip chris.ip@scmp.com Every year Japan's Est-Ouest Auctions holds a spring sale in Tokyo, offering fine art, jewellery and watches to collectors from all over the world. For 2011 the auction house will not be setting up shop in the Japanese capital, but instead shift almost 2,900 kilometres away, to Hong Kong. The spring sale was originally scheduled for the end of March- ...

  2. Designers capture spring joy

    Posted Mar 04th 2011, 12:00am by Staff Reporter

    ... and the Craftsmanship and Technology awards at the 12th edition of the Hong Kong Jewellery Design Competition with her bracelet design 'Spring Vitality'. 'The cracked silver represents ... with the rhythms of spring'. Contestants in the open and student categories were asked to create designs that break conventional boundaries, while enhancing the charm and glamour of fine jewellery ...

  3. Mainland airline stocks tumble

    Posted Sep 23rd 2011, 12:00am

    ... Charlotte So Charlotte.so@scmp.com Shares of mainland airlines tumbled by up to 11 per cent yesterday amid expectations of a softening in yuan appreciation. Air China dropped 8.73 per cent to HK$5.96 while China Eastern Airlines Corp closed 11.11 per cent lower at HK$2.64. China Southern Airlines fell 10.24 per cent to HK$3.77. An unexpected strengthening recently of the US dollar ...

  4. 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 ...

  5. Tibetan mineral water firm seeks HK$1.6b IPO

    Posted Jun 21st 2011, 12:00am

    ... glacial spring at 5,100 metres above sea level, hence its name. Moving the company's products from the 'roof of the world' to the rest of the mainland was an expensive endeavour, ... this year, increasing production capacity from 155,000 tonnes to 208,000 tonnes per year. The company focuses on institutional sales channels such as rail operators, banks, airlines and government ...

  6. 3b yuan injection too small to lift airlines

    Posted Nov 19th 2008, 12:00am by Charlotte So

    ... Charlotte So An expected 3 billion yuan (HK$3.4 billion) government capital injection into each of China Eastern Airlines Corp and China Southern Airlines will only provide a short-lived ... ended at HK$1.20, down 1.64 per cent. Both stocks rose more than 7 per cent on Monday after two Shanghai newspapers said each airline would receive 3 billion yuan by the end of the year to help ...

  7. 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 ...

  8. Softer oil prices boost airlines, shipping firms

    Posted May 03rd 2008, 12:00am by Charlotte So

    ... Charlotte So Softening oil prices lifted the share prices of airlines and shipping companies yesterday as the threat of rising fuel bills temporarily eased. China Eastern Airlines Corp surged 11.04 per cent to close at HK$3.72. China Southern Airlines jumped 9.06 per cent to HK$5.54 and Air China rose 8.48 per cent to HK$6.27. Cathay Pacific Airways climbed 4.43 per cent ...

  9. Goldman says airlines to lose more altitude

    Posted Jun 07th 2008, 12:00am by Nick Westra

    ... Nick Westra Airline stocks were grounded last week by volatile crude oil prices and their plight could get worse, according to Goldman Sachs. The investment bank yesterday slashed its target price for Air China by 51 per cent to HK$4.50 and for China Southern Airlines by 45 per cent to HK$4.70. Goldman said in a note to clients that the share price of Cathay Pacific, Hong ...

  10. Grand China Airlines eyes US$2b as a Hong Kong red-chip listing

    Posted Apr 23rd 2007, 12:00am by Staff Reporter

    ... Frederick Yeung in Boao Grand China Airlines, a key mainland airline based in Hainan province, is seeking to raise US$2 billion from a Hong Kong initial public offering this year, according to chairman Chen Feng. Grand China Air is the holding firm of four domestic carriers- Hainan Airlines, Shanxi Airlines, Hong Kong-based Hong Kong Airline and cargo carrier Hong Kong ...




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