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  • September 22, 2014
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  1. China Gold down 3.9pc on debut

    Posted Dec 02nd 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China Gold International Resources Corporation fell on its trading debut on the Hong Kong stock exchange yesterday, while Da Ming International Holdings and Nanjing Sample ... of HK$44.75 and reached a low of HK$41.00 yesterday, with 11.89 million shares changing hands with a turnover of HK$515.1 million. It sold 53.66 million offer shares, raising net proceeds of HK$2.31 ...

  2. Japanese carmakers in China face damaging supply crunch

    Posted Mar 18th 2011, 12:00am by Staff Reporter

    ... factory closures are prolonged. Shares in the mainland joint-venture partners of major Japanese car and truck manufacturers fell yesterday on fears that existing inventories of imported components ... of meltdown. As of yesterday, 10 major Japanese car and truck makers continued to suspend production at more than 50 plants, according to Bloomberg figures. So far, no Japanese firms are reporting ...

  3. Government sues PCCW for HK$1.7b

    Posted May 24th 2010, 12:00am by Kandy Wong

    ... Kandy Wong The Hong Kong government has filed a writ in the High Court seeking HK$1.7 billion from PCCW for the development maintenance account for Cyberport, PCCW said yesterday in a stock exchange filing. Cyberport is wholly owned by its subsidiary Pacific Century Premium Developments. PCCW said it set aside HK$200 million, then raised the amount to HK$500 million in 2004. ...

  4. Cigarettes rationed after sales rush

    Posted Feb 19th 2011, 12:00am by Adrian Wan

    ... for more customers'. A spokesman for Li & Fung Group, which owns Circle K, said all branches started limiting sales to a maximum of two packs per transaction yesterday. The sales limit ... that businesses would be hurt if the government increased the tax in the upcoming budget, Liu organised a protest yesterday against the potential rise. About 20 news vendors took part. A third ...

  5. Ping An takes control of SDB for 29b yuan

    Posted Sep 03rd 2010, 12:00am by Charlotte So

    ... between the two banks, as they would be merged within a year, Ping An Insurance management said yesterday. 'After merging with Ping An Bank, SDB will become a medium-sized commercial bank on the mainland,' Louis Cheung Chi-yan, general manager of Ping An Insurance, said yesterday. The deal has been approved by the China Securities Regulatory Commission and is pending approval by SDB's ...

  6. Geely's new SUVs to boost profit

    Posted Mar 24th 2011, 12:00am by Staff Reporter

    ... car sold. 'We are not the Geely of five or six years ago,' chief executive Gui Shengyue said yesterday. The firm would start production on the Emgrand EX7 SUV by June at a newly built factory in Chengdu with an initial annual capacity of 50,000 units, Gui said. Geely, controlled by chairman Li Shufu, yesterday announced results showing profit fell 4 per cent ...

  7. Intime pays HK$1.6b for store operator

    Posted Oct 13th 2010, 12:00am by Celine Sun

    ... Shares of Intime Department Store (Group) rose as much as 5.1 per cent yesterday after the company said it was acquiring a subsidiary of Henderson Land Development for HK$1.61 billion ... in the first three quarters of this year. Intime shares closed yesterday at HK$11.24, up 2.9 per cent, after hitting a high of HK$11.48. ...

  8. It's a personal tragedy, says colleague of missing NZ hiker

    Posted Aug 08th 2010, 12:00am by Irene Jay Liu

    ... Irene Jay Liu The search for a New Zealand pilot who went missing while hiking continued for a third day in the New Territories yesterday. At one stage, the leader of a group of colleagues ... play at all'. Morgan travelled with Morrissey's relatives to Hong Kong and is helping in the search effort. Morgan and family members declined interviews yesterday. After giving ...

  9. Grand China eager to resume HK listing

    Posted Jan 11th 2011, 12:00am by Celine Sun

    ... yesterday in Beijing that Grand China will be listed soon despite not knowing when it would be approved. 'Compared to four years ago, the company should enjoy a higher market value as we have ... be working with new investment banks this time. The group also said yesterday that Hainan Airlines was awarded a top five-star rating in an assessment program introduced by Skytrax, a London-based ...

  10. Nissan in limbo waiting for Japan-made parts

    Posted Mar 30th 2011, 12:00am by Staff Reporter

    ... yesterday. The move will ensure adequate supplies for the company's mainland factories to maintain production at adjusted levels until mid-April, Shen said. Nissan is the fourth best-selling car ... factories ran at about 103 per cent of designated annual capacity in the first half of last year, largely by adding extra shifts. Shares in Dongfeng dipped 1.3 per cent yesterday on the news, ...




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