Analyst Recommendation

China Telecom's growth disappoints

China Telecom, the mainland's largest fixed-line operator by subscriber numbers, yesterday reported slower than expected net profit growth for last year, at 9.3 per cent.

Wednesday, 23 March, 2011, 12:00am

Hutchison Telecom to boost its network

Hutchison Telecommunications Hong Kong Holdings, lifted by its solid gains last year, plans to boost fixed-line network operations and launch fourth-generation mobile services later this year.

22 Mar 2011 - 12:00am

HSBC at HK$85.75 seen as a good deal

HSBC shares are now attractively priced after dropping more than 5 per cent yesterday, analysts say.

The banks stocks fell 5.14 per cent, or HK$4.65, to HK$85.75 yesterday, compared with a 0.25 per cent rise in the Hang Seng Index.

2 Mar 2011 - 12:00am

China Unicom shares soar on Spain deal then plunge

Shares of China Unicom (Hong Kong) reached a two-year high in early trading before falling sharply a day after the mainland's second-largest telecommunications network operator expanded its strategic alliance with Spanish carrier Telefonica.

25 Jan 2011 - 12:00am

Carlyle sells US$860m of insurer's shares

US private equity Carlyle Group has sold about US$860 million worth of shares in China Pacific Insurance, the mainland's third-largest insurer.

Carlyle, which first invested in the company in 2005, has sold 215 million shares in China Pacific at HK$31.15 each, a source with direct knowledge of the deal was quoted by Reuters as saying.

31 Dec 2010 - 12:00am

Newbridge Capital sells Ping An stake for HK$9.1b

TPG Capital's Asian unit sold the remainder of its stake in Ping An Insurance (Group), the mainland's second-biggest insurer, raising HK$9.1 billion, reaping big profits after a six-year investment in the country's financial industry.

Newbridge Capital sold all its 139.1 million H shares at HK$65.30 each, which is 1.5 per cent lower than the last closing price.

4 Sep 2010 - 12:00am

CNBM becomes No 1 cement maker

China National Building Material Group (CNBM) overtook Anhui Conch as the nation's biggest cement producer in the first half of the year and said it will continue expanding cement production capacity in the next few years, despite warnings of oversupply from analysts.

25 Aug 2010 - 12:00am

Sina seeks users and apps for its Weibo social network

Online media giant Sina Corp will intensify efforts to build up users and applications on Weibo, its Twitter-like mini-blogging service, amid rising demand from advertisers to use the social-networking platform.

6 Aug 2010 - 12:00am

Bank of China shares dip 0.88pc on rights issue

Bank of China shares fell in Hong Kong and Shanghai yesterday after the lender said it would raise up to 60 billion yuan (HK$68.96 billion) in a rights issue.

On the Hong Kong market its H shares outpaced the broader market decline to drop 1.26 per cent, while in Shanghai its A shares ended down 0.88 per cent.

6 Jul 2010 - 12:00am

Probe into failed luxury flat sales in Mid-Levels

Regulatory and law-enforcement agencies are looking into the cancelled sales of flats in a luxury Mid-Levels project that the developer said in October last year had fetched prices of up to a world-record HK$88,000 a square foot.

18 Jun 2010 - 12:00am

Stock picks outside the comfort zone win out

Last year saw yet more proof that swimming against the tide pays. With the year starting out on a bearish note, still reeling from the global credit crisis, it is no surprise that defensive stocks were the order of the day.

6 Jun 2010 - 12:00am

ALBUM (1994)

Spirit of Django Martin Taylor's Spirit of Django (Linn Records)

Jazz guitarist Martin Taylor, who will perform at benefit concerts in Hong Kong this week, is best known for his dazzling unaccompanied solo performances but some of his best playing has been inspired by interaction with other musicians.

4 Apr 2010 - 12:00am

Share issue to turn carrier around

China Southern Airlines said it would expand its fleet by up to 10 per cent a year after unveiling a 10 billion yuan (HK$11.35 billion) fund-raising plan.

The world's fourth-largest carrier has received approval to tap the capital market within four months, and joins China Eastern Airlines and Air China in raising funds through new shares.

10 Mar 2010 - 12:00am

Consumers urged to help rein in 'unruly' polluters

Mainland environmentalists have taken on the fight against big polluters by directly appealing to consumers not to buy products made by those manufacturers.

4 Feb 2010 - 12:00am

Kingboard surges on unit's spin-off plan

Shares in Kingboard Chemical surged more than 10 per cent yesterday after the producer of printed circuit boards said it would spin off its coke and coke-related chemical unit on the Hong Kong stock exchange.

16 Jan 2010 - 12:00am