Cent

Business Digest

24 Aug 2012

Shui On underlying profit slumps 95pc

2:47AM

Sportswear shares bounce back

22 Aug 2012

Share prices of mainland sportswear makers rebounded yesterday as Xtep International, 361 Degrees and Peak Sport reported better-than-expected interim results and announced they would pay...

5:01AM

Fantasia's profit dives but 'sales target can still be met'

18 Aug 2012

Mainland developer Fantasia Holdings Group's interim net profit plunged by nearly 60 per cent in the first half this year even though sales exceeded the company's expectations.

3:10AM

23pc of industrial firms losing money

27 Jul 2012

Almost a quarter of Guangdong's industrial companies are suffering losses - more evidence that the mainland's traditional export hubs are gradually losing their competitive edge in these tough...

10:25PM

Developers' profit warning shot down

25 Jul 2012

Property tycoon Lee Shau-kee last week raised a red flag over concerns that the profit margins of Hong Kong property developers were being threatened by rising construction costs and increased...

10:13PM

City Digest

24 Jul 2012

Inflation continues falling trend with 3.7pc in June

10:09PM

Opinion

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

Sales rise 42pc

Official figures showed property sales in the first half of this year were better than the previous six months. There were 54,822 sales and purchase agreements, up 42 per cent on the second half...

9:45PM

Profits at SOEs fall 11.6pc this year as costs rise

State-owned companies' profits fell to 1.02 trillion yuan in the first six months of the year, 11.6 per cent less than in the same period last year, due to higher input costs, the Ministry of...

9:34PM

Increases in freight rates buoy OOCL revenues

Orient Overseas Container Line saw revenues climb 5 per cent to almost US$2.88 billion in the first half of this year, buoyed by higher freight rates, especially in the second quarter.

9:19PM

HK's young ready to bet on stocks and bonds

Two-thirds of young Hongkongers expect part of their retirement would have to be funded by investments in stocks and bonds.

9:14PM

Hunan Nonferrous warns of net loss

Hunan Nonferrous Metals, the mainland's largest producer of non-ferrous metals excluding aluminium, warned it would post a net loss for the first half as a result of lower product prices and high...

7:47PM

Good appetite for dining out

The food and beverage (F&B) industry will remain robust. Almost everyone likes eating out and Hong Kong people are generally in the habit of dining out.

7:21PM