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  • April 20, 2014
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  1. Property - Hong Kong & China - EARNINGS

    Developer K Wah gears up to boost investment property stock

    Posted Mar 27th 2014, 01:01am by Yvonne Liu

    ... to boost investment property stock Hong Kong-listed developer K Wah International plans to expand its investment property portfolio and speed up its development cycle after recording a 66.34 per ... should not panic, but they should not be too optimistic on the market outlook. I believe Hong Kong property prices will not grow as significantly as before. But it is a good time for buying ...

    http://www.scmp.com/property/hong-kong-china/article/1458097/developer-k-wah-gears-boost-investment-property-stock
  2. Business - Banking & Finance - EARNINGS

    Dah Sing Bank taps market for cash after profit increases

    Posted Mar 27th 2014, 12:58am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Bank is seeking to raise HK$1.2 billion while parent company is targeting HK$903 million Dah Sing taps market for cash after profit increases Dah Sing Banking, ... Chartered in Hong Kong. The British lender said this month it planned to offload the asset. With the rights shares priced at about a third off the previous closing prices of the shares, both stocks ...

    http://www.scmp.com/business/banking-finance/article/1458120/dah-sing-bank-taps-market-cash-after-profit-increases
  3. Business - China Business - EARNINGS

    ZTE eyes new 'wearable' products amid increased push into 4G market

    Posted Mar 27th 2014, 12:58am by BIEN PEREZ

    ... into the fast-growing 4G network equipment and smartphone markets. Shenzhen-based ZTE, the world's fifth-largest telecommunications equipment supplier, rebounded from its first annual net loss in 2012 ... yuan and 1.5 billion yuan. In a filing with the Hong Kong stock exchange yesterday, ZTE chairman Hou Weigui said: "Wearable device will present a new direction of development." ZTE ...

    http://www.scmp.com/business/china-business/article/1458115/zte-eyes-new-wearable-products-amid-increased-push-4g-market
  4. Business - Companies - EARNINGS

    Tencent aims to work with regulator on online financial services market

    Posted Mar 19th 2014, 06:17pm by BIEN PEREZ

    ... for market safety Tencent, which posted fourth-quarter net profit below analysts' estimates, plans to closely engage with regulators to help ensure that safeguards can be established for the mainland's nascent internet financial services market and help it expand. The conciliatory and pragmatic approach taken by Tencent over recent efforts by the People's Bank of China to strictly ...

    http://www.scmp.com/business/companies/article/1452515/tencents-q4-net-income-129-cent-slowest-growth-early-2012
  5. Business - Companies - EARNINGS

    Exchanges operator HKEx's earnings growth of 11pc trails market estimates

    Posted Feb 26th 2014, 01:28pm by Enoch Yiu

    ... HKEx, which operates the local stock and futures markets and owns the LME commodities bourse, reported net profit of HK$4.55 billion for last year, up 11 per cent year on year and short ... growth was driven by a 16 per cent year-on-year increase in average daily stock market turnover to HK$62.6 billion. Daily derivative contracts traded rose 9 per cent to 283,610. The higher ...

    http://www.scmp.com/business/companies/article/1435559/exchanges-operator-hkexs-earnings-growth-11pc-trails-market
  6. Business - China Business - EARNINGS

    China Life Insurance gears up to tackle slowing market

    Posted Mar 27th 2014, 12:58am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com China Life gears up to tackle slowing market China Life Insurance, the mainland's largest insurer, hopes to secure better profit margins ... with a payment period of 10 years or longer, while the bancassurance sales channel would focus on sales of five-year or longer regular premium products. Yang said the capital market would be volatile ...

    http://www.scmp.com/business/china-business/article/1458098/china-life-insurance-gears-tackle-slowing-market
  7. Business - China Business - EARNINGS

    Tenwow targets rural markets on mainland after profit jumps 29.7pc

    Posted Mar 26th 2014, 06:34am by Keira Lu Huang

    ... Keira Lu Huang keira.huang@scmp.com Tenwow targets rural markets after profit rises 29.7pc After seeing its net profit climb 29.7 per cent to 286.3 million yuan (HK$358 million) last year, Tenwow International, a mainland maker of packaged food and beverage products, looks to increase sales by penetrating markets in southwestern and northern China and rural areas. Management said ...

    http://www.scmp.com/business/china-business/article/1457350/tenwow-targets-rural-markets-mainland-after-profit-jumps
  8. Business - China Business - EARNINGS

    Li Ning switches market focus after more losses

    Posted Mar 25th 2014, 01:32am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Deficit of 391m yuan prompts company to targetmid-tier sector and exit non-sportswear goods Li Ning switches market focus after more losses Mainland sportswear brand Li Ning plans to focus on the mid-tier market and exit non-sportswear categories after reporting a loss of 391.54 million yuan (HK$491.6 million) last year, 80 per cent less than ...

    http://www.scmp.com/business/china-business/article/1456556/li-ning-switches-market-focus-after-more-losses
  9. Business - China Business - EARNINGS

    Unicom's 74 pc profit jump beats estimates

    Posted Apr 18th 2014, 01:17am by Sophie Yu

    ... on March 18, but said it had no data yet on 4G sales. "The market reaction is warm," said Lu. Revenue rose 8.3 per cent year on year to 76.5 billion yuan, of which service revenue increased 11.8 per cent to 63.8 billion yuan. The company said that amid keen market competition, selling expenses increased 21.4 per cent in the first quarter, against the same period a year ...

    http://www.scmp.com/business/china-business/article/1486383/unicoms-74-pc-profit-jump-beats-estimates
  10. Business - Companies - EARNINGS

    Hardware sector to remain a drag on IBM as quarterly revenue hits 5-year low

    Posted Apr 18th 2014, 01:17am by Reuters

    ... 11 per cent in emerging markets such as Brazil, Russia, India and China. Software was the only major business to show some growth, with revenue rising 1.6 per cent to US$5.66 billion, ... business- Silverpop, a developer of cloud-based marketing software, and cloud-based database software startup Cloudant. ...

    http://www.scmp.com/business/companies/article/1486376/hardware-sector-remain-drag-ibm-quarterly-revenue-hits-5-year-low

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