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  1. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

    Posted Aug 28th 2014, 05:03am by Kwong Man-ki

    ... with Phillip Securities. "China Life has a bigger chance to be shortlisted with its background as a state-backed company," Chen said, adding a capital investment in the retail unit ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland insurer targeting petrol station chain after reporting 13pc rise in first-half net profit China Life in bid for Sinopec unit China ...

    http://www.scmp.com/business/china-business/article/1581324/insurer-china-life-diversifies-bid-sinopec-retail-unit
  2. Business - China Business - EARNINGS

    Chinese state firms' profits grow faster in first seven months

    Posted Aug 21st 2014, 01:28am by Reuters

    ... Reuters in Beijing Rise comes despite indicators covering lending to investment pointing to more sluggish activity State firms' profits grow faster in first seven months State ... gain traction. State-owned non-financial companies made combined profits of 1.4 trillion yuan (HK$1.76 trillion) between January and July, up 9.2 per cent from a year ago, the Ministry ...

    http://www.scmp.com/business/china-business/article/1577956/chinese-state-firms-profits-grow-faster-first-seven-months
  3. Business - Companies - EARNINGS

    Building boom drives China State Construction’s first-half profit up 25pc

    Posted Aug 14th 2014, 01:59pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China State Construction International posted a 24.93 per cent jump in first-half net profit as construction business boomed in Hong Kong and Macau. ... advantage of the booming market, the group’s construction business has become prosperous Zhou Yong, China State Construction chairman The firm signed contracts valued at HK$19.2 billion in the first ...

    http://www.scmp.com/business/companies/article/1573468/building-boom-sees-china-state-constructions-first-half-profit
  4. Property - Hong Kong & China - EARNINGS

    SouFun falls amid price incentives for homebuyers

    Posted Sep 19th 2014, 05:34am by Bloomberg

    ... slipped less than 0.1 per cent to 113.93. The eight-day drop pushed SouFun's ADRs down to the lowest level since July 9. E-House fell 3.5 per cent to US$9.80. E-House's Leju unit slumped ...

    http://www.scmp.com/property/hong-kong-china/article/1595555/soufun-falls-amid-price-incentives-homebuyers
  5. Property - Hong Kong & China - EARNINGS

    SHKP sees tough times ahead for property developers in Hong Kong

    Posted Sep 13th 2014, 04:08am by Sandy Li

    ... billion in the past year, when contracted sales totalled HK$27.7 billion. Another deputy managing director, Mike Wong Chik-wing, said SHKP would build more small to medium-sized units in order to meet market demand. "With the changing of the Hong Kong family size, demand for units to accommodate a family of two to three is stronger than the previous five to six people," Wong ...

    http://www.scmp.com/property/hong-kong-china/article/1591291/shkp-sees-tough-times-ahead-property-developers-hong-kong
  6. Business - Commodities - EARNINGS

    Oil and gas producer PetroChina posts 4pc first-half profit rise

    Posted Aug 29th 2014, 01:14am by Eric Ng

    ... to two oil and gas production units as part of state enterprise reform. The profit is 3.7 per cent higher than the average 65.7 billion yuan forecast by analysts polled by Thomson Reuters ... also plans to make its oilfield services units' more market-oriented and let local units conduct their own materials procurement to enhance efficiency, he added. "In the long term, ...

    http://www.scmp.com/business/commodities/article/1581588/oil-and-gas-producer-petrochina-posts-4pc-first-half-profit
  7. Business - China Business - EARNINGS

    China Eastern profit plunges 98pc as China Southern posts 1b yuan loss

    Posted Aug 30th 2014, 01:29am by SIJIA JIANG

    ... steadily appreciating in the past decade. Passenger yield, which measures per unit profitability of airlines, declined 1.69 per cent to 58 fen at China Southern and rose 0.17 per cent to 60 fen ... The other Big Three state-owned carrier, Air China, reported a 55.42 per cent drop in earnings on Tuesday. ...

    http://www.scmp.com/business/china-business/article/1581876/china-eastern-profit-plunges-98pc-china-southern-posts-1b
  8. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Citic, China’s largest conglomerate and the Hong Kong-listed flagship of state-owned Citic Group, aims to expand its non-financial business so ... Ltd and was renamed Citic Ltd. It was the largest asset injection ever into a red chip – a Hong Kong-registered firm holding mainland Chinese state-owned assets – with the addition of various ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  9. Business - Companies - EARNINGS

    Singapore shooting-range builder Starburst to gain from Mideast unrest

    Posted Aug 26th 2014, 01:10am by BLOOM

    ... earnings at the last close, compared with 36.5 at Cubic Corp, a United States supplier of combat training systems. "Order wins in Qatar, the UAE and Kuwait are possible, but the big upside ... spending surges following the Arab Spring uprisings. The company was pursuing as many as six contracts to provide firearms training facilities to countries including the United Arab Emirates, ...

    http://www.scmp.com/business/companies/article/1580638/singapore-shooting-range-builder-starburst-gain-mideast-unrest
  10. Business - Commodities - EARNINGS

    Sinopec details sale plan of fuel unit

    Posted Mar 25th 2014, 01:32am by Eric Ng

    ... plan of fuel unit China Petroleum & Chemical (Sinopec) aims to complete by the third quarter a fund-raising exercise for its fuel marketing operations to help cut debt, fund shale gas ... marketing operation to non-state entities. The decision is seen as an answer to Beijing's call for state firms in monopolistic industries to invite private participation in their operations ...

    http://www.scmp.com/business/commodities/article/1456558/sinopec-details-sale-plan-fuel-unit

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