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  • July 25, 2014
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  1. Business - Money - STOCKS

    Taiex index braces for fall after touching 7-year high

    Posted Jul 04th 2014, 01:41am by BLOOM

    ... said Shen Chien-hung, whose US$51 million Taishin 2000 High Technology Equity Fund returned 28 per cent this year. The fund would probably pare positions in some semiconductor makers while ... Shen, whose fund posted this year's biggest gain among 82 Taiwan peers tracked by Bloomberg with at least US$50 million in assets. He favours shares of Largan Precision, MediaTek and Taiwan ...

  2. Business - Money - STOCKS

    New stocks Dynagreen and Hanhua end first day on firm note

    Posted Jun 20th 2014, 12:59am by Ray Chan

    ... on the mainland fell last month for the first time in 20 months. Meanwhile Luye Pharma, a mainland drugmaker, plans to raise up to US$500 million in a Hong Kong listing after getting positive feedback from investors. Luye's float should come before a US$400 million offering by BGI Tech, another mainland firm. ...

  3. Business - Money - STOCKS

    BYD shares bounce back after steep plunge over discount placement

    Posted May 27th 2014, 01:34am by Kwong Man-ki

    ... would lower BYD's debt leverage and was positive to its long-term electric vehicle business development, said Olive Xia, an analyst with Core Pacific-Yamaichi. Net proceeds from the share placement amounted to HK$4.2 billion, which is to be used as general capital and fund business development. BYD has pinned its hopes on new-energy vehicles that it sees as the future of the car ...

  4. Business - Companies - STOCKS

    SCMP Group announces share buy-back plan

    Posted May 10th 2014, 01:20am by Enoch Yiu

    ... The proposal requires regulatory approval and shareholders will be allowed to vote for or against it. "In spite of the current trading status, it remains business as usual for the SCMP Group. Our underlying business is strong, our global readership is rising and our growth thrust initiatives are bearing fruit," said Robin Hu, chief executive of the SCMP Group. "Our objective ...

  5. Property - Hong Kong & China - STOCKS

    CR Land will ride out patch of weak sentiment, analysts say

    Posted Apr 29th 2014, 02:59pm by Langi Chiang

    ... business strategies, uncertainties will then increase." CR Land shares closed 1.8 per cent higher yesterday at HK$15.84 but have fallen 5.49 per cent since trading resumed after the Easter ...

  6. Business - Money - STOCKS

    HKEx chief dispels fears about through-train scheme

    Posted Apr 30th 2014, 12:02am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HKEx chief releases the details of through-train plan, dispelling the fears of many investors Trading in new scheme much higher than quota The stocks "through train" scheme is much bigger than initially thought as th ...

  7. Business - Money - STOCKS

    Buy-back snaps Tencent's four-day losing streak

    Posted Apr 09th 2014, 01:40am by Sophie Yu

    ... caused by the correction of technology stocks in the US market. "I think instead of buying back shares, Tencent could make better use of the money by developing its business," So said. ...

  8. Business - Money - STOCKS

    Investors told not to count on quota top-up

    Posted Apr 14th 2014, 05:07am by Enoch Yiu

    ... Kong investors' trades at 13 billion yuan a day and 300 billion yuan for 560 A-share stocks. This is similar to the US$53.6 billion (330 billion yuan) quota under the qualified foreign ...

  9. Business - China Business - STOCKS

    Shareholders eye slice of Gome founder's cash

    Posted Apr 18th 2014, 01:17am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Vote to accept HK$420m compensation from Wong Kwong-yu brings call for special dividend Shareholders eye slice of Gome founder's cash Shareholders of mainland retailer Gome Electrical Appliances yesterday voted almost una ...

  10. Business - Companies - STOCKS

    Lenovo punished by downgrades over Motorola Mobility acquisition deal

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... US$5 billion worth of deals last month to bolster its server and smartphone businesses, saw its shares plunge the most in five years yesterday after the stock was downgraded by at least five ... deal could offset the benefit from the IBM x86 deal," he said. Lenovo agreed to pay US$2.3 billion for IBM's low-end server unit on January 23, adding a business with wider profit ...




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