Company Earnings Guidance

Vanke sees stellar year despite price curbs

China Vanke, Shenzhen's biggest property developer, said it remains confident that earnings will grow at least 30 per cent this year despite ongoing official measures to cool home prices.

Monday, 1 August, 2005, 12:00am

What the broker says

A weaker share price after the yuan revaluation presents a buying opportunity for Techtronic Industries, says Macquarie Research. The power-tool maker is expected to deliver 31 per cent earnings per share compound annual growth rate in the next three years.

31 Jul 2005 - 12:00am

Huawei coy on outlook as sales soar

Aggressive overseas expansion pays off as telecoms giant looks to build partnerships with foreign market leaders

Huawei Technologies, China's largest telecommunications equipment manufacturer, yesterday declined to upgrade its sales forecasts for the remainder of the year despite reporting stellar growth for the first six months.

27 Jul 2005 - 12:00am

Consolidation looms after stretch of buying

The Hang Seng Index finished higher yesterday after Tuesday's sluggish performance, but brokers saw signs of profit-taking at a high level which indicated consolidation would follow.

21 Jul 2005 - 12:00am

Blue chips ride crest of surging property plays

Buying support for the Hang Seng Index comes mainly from institutional investors

Hong Kong stocks gained for the fourth day running yesterday and extended last week's 52-month high amid aggressive buying of property counters.

19 Jul 2005 - 12:00am

Mainland firms whip up tide of profit warnings

Rising raw materials costs and Beijing's clampdown on overheated sectors are taking their toll on Chinese firms, with a growing number issuing profit warnings this week before their first-half results.

16 Jul 2005 - 12:00am

Business Digest

YGM earnings fall 8.8pc on lack of exceptionals

YGM Trading, a main board-listed apparel manufacturer and retailer, yesterday said earnings last year fell 8.8 per cent year on year due to the absence of an exceptional gain.

14 Jul 2005 - 12:00am

Output falls, profits plunge but carmakers rev up plants

Hit by rising steel prices and tighter bank credit, the output of passenger cars in the mainland fell in the first five months and industry profits plunged almost 70 per cent, according to figures published at the weekend.

4 Jul 2005 - 12:00am

Tom adopts low-risk expansion strategy

Tom Outdoor Media Group is offering low-cost licensing agreements to attract second-tier city partners as a strategy to defend its market share when the mainland opens its advertising sector at the end of the year.

28 Jun 2005 - 12:00am

HKR keeps cruising on Discovery Bay

Developer's earnings surge 209pc on robust demand for its Lantau homes

Discovery Bay developer HKR International should achieve relatively strong sales for its Lantau Island projects, despite the slowing property market, analysts say.

24 Jun 2005 - 12:00am

Property counters set pace amid heavy trade

Turnover surges to three-month high of $26.9b as newcomer Bocom steals centre stage

The Hang Seng Index continued its rally yesterday, with turnover hitting a three-month high of $26.95 billion amid heavy buying of Bank of Communications shares on their first trading day.

24 Jun 2005 - 12:00am

Esprit feels the impact of weakening euro

The sinking euro has forced shares of apparel wholesaler and retailer Esprit Holdings to a four-month low as the weakness in the currency dims its profit outlook.

The blue chip, which relies heavily on European markets, slipped 4.76 per cent yesterday to close at $50. It was the day's third-most actively traded stock, with $696.72 million worth of shares changing hands.

16 Jun 2005 - 12:00am

Payout plan fires up GST offering

Listing candidate GST Holdings, a designer and manufacturer of fire alarm systems, is forecasting a 29 per cent increase in earnings this year, driven by China's rapid improvement in living standards.

15 Jun 2005 - 12:00am

HK agency to sell China TV ad slots

Hong Kong-listed advertising agency Qin Jia Yuan Media Services has formed a joint venture to sell prime-time television advertising slots in five mainland provinces, in a deal the company expects to generate revenues of more than $80 million.

15 Jun 2005 - 12:00am


About a year ago SHK Financial Group said it had upgraded its recommendation on Elegance International, which makes sunglasses, cases and frames for spectacles in China, from 'sell' to 'hold'.

12 Jun 2005 - 12:00am