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  • September 22, 2014
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  1. MTR hopes fare rise will make up profits

    Posted May 04th 2012, 12:00am

    ... Anita Lam anita.lam@scmp.com The MTR has warned of slower customer growth this year, although transport earnings should still benefit from a 5.4 per cent fare increase that is due ... the first two months, according to the Transport Department. Even without a rise in patronage, based on last year's average daily journeys and an average fare of HK$7.84, the 5.4 per cent fare ...

  2. Henderson urges MTR site auction

    Posted Jan 11th 2008, 12:00am by Sandy Li

    ... an open system. 'This has been a common practice in Hong Kong for a long time,' he said, pointing out that the government opted for a cash-funding model rather than awarding ...

  3. Shares in GZI Transport slide on news of rights offer

    Posted Jun 30th 2007, 12:00am by Carol Chan, Denise Tsang

    ... Carol Chan and Denise Tsang Proceeds to fund acquisition of expressway, bridge projects Shares of toll-road operator GZI Transport slumped as much as 7.7 per cent yesterday after it said ... The offer price represents a 31.05 per cent discount to the stock's last closing price of HK$5.70 on Wednesday, before it was suspended from trading. GZI Transport's shares slumped ...

  4. Sinopec parent seals deal to buy Russian oil, opts for rail transport

    Posted Jul 06th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petrochemical Corp, Asia's largest oil refiner and parent of Sinopec, has sealed a long-awaited deal to buy crude oil from Russia and transport it by rail through ... will cut oil transport costs in the long run. CNPC has also been in talks with the world's largest natural gas producer to build two gas pipelines, one to link the mainland's northwest ...

  5. Mainland banks to spend more on core systems

    Posted Jan 18th 2012, 12:00am

    ... and US$47 million in Hong Kong. 'Regulatory demands are also forcing banks to invest in their core systems,' Knapik said. A core banking system represents the software package used ... estimated spending on core systems by mainland banks this year will hit US$830 million, while similar investment in Hong Kong is predicted to total US$98 million. Celent, a US-based financial ...

  6. Letters

    Posted Feb 14th 2011, 12:00am by Staff Reporter

    ... is prescribing even less supply in the remaining part of the market, and even higher prices. The only workable system would be a voucher system that is constantly means-tested to assist those who need ...

  7. Lai See

    Posted Jul 16th 2010, 12:00am by Luisa Tam

    ... to customers within 24 hours, enabling them to reduce their carbon footprint while eating fresher and more nutritious foods. The business model is based on a convenient and economical system, which ...

  8. China Auto System plans HK$714m IPO

    Posted Apr 15th 2011, 12:00am

    ... Sophie Yu China Auto System Technologies, a mainland maker of car air-conditioning compressors, plans to raise up to HK$714 million from an initial public offering in Hong Kong. ... from the current 2.9 million sets. The rest will be spent on strengthening the company's research and development capability, or used as working capital. China Auto System was the largest ...

  9. HKEx watchdogs caught napping by gross distortion of firm's results

    Posted Sep 01st 2006, 12:00am by Jake Van Der Kamp

    ... is happening here. Years ago, I travelled up and down through the United States on holidays by riding the Amtrak rail system on ultra low cost rail passes, seeing out of the way places to which ... It takes no great complaint to make government cave in and undermine the finances of a mass transit system. 'In the absence of market protection or government subsidy that are quite common ...

  10. Broker punished for manipulating trading system

    Posted Aug 27th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu In its first action over last year's controversial - and sometimes chaotic - closing auction system, the Securities and Futures Commission has punished a broker who manipulated the system. Stephen Yenn Man-han, an employee of securities trading firm Corporate Brokers, was suspended from working in the financial market for 12 months after the regulator found him ...




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