Moody's Investors Service has placed China Mobile under review for a possible upgrade due to its stronger financial profile.Wednesday, 3 March, 2004, 12:00am
Leading reinsurer Swiss Re has opened a branch office in Beijing as the first step in expansion into China.
The China branch will offer national reinsurance in both life and property to domestic Chinese life insurance companies.20 Dec 2003 - 12:00am
In Hong Kong, Hutchison Whampoa's bold advertisements for its new '3' service ask customers, 'are you curious?' However, the question investors are itching to ask management is, 'are you serious?', especially after each reaffirmation of overly optimistic European subscriber targets.18 Nov 2003 - 12:00am
Are Hong Kong's economic prospects improving? Just ask Moody's Investors Service, the World Bank or Hong Kong's own Dickson Concepts. Moody's has raised the rating on Hong Kong's foreign currency debt, while the World Bank has lifted its full-year growth forecast for the city to 2.1 per cent.18 Oct 2003 - 12:00am
The two lenders' ratings are under review after six months of strong growth
Moody's Investors Service has put the ratings of China Merchants Bank and Shanghai Pudong Development Bank (SPDB) under review for possible upgrade, saying the pair had performed better than their peers in recent years.4 Oct 2003 - 12:00am
Century City makes $283m interim gain
Century City International Holdings reported a profit of $283.1 million for the six months to June, from a loss of $199.7 million a year ago. Its property arm, Paliburg Holdings, also recorded an interim profit, of $15.8 million, from a loss of $220.9 million a year ago.
Hong Kong Construction loss broadens to $162m23 Sep 2003 - 12:00am
Two weeks after Sun Hung Kai Properties (SHKP) complained about a weak credit assessment by Fitch Ratings, the ratings agency said yesterday the developer had defied the volatility and prolonged decline in the Hong Kong property market.2 Aug 2003 - 12:00am
Sun Hung Kai Properties (SHKP) has hit back at a weak credit assessment by Fitch Ratings, which cited a bleak outlook for Hong Kong commercial rents and shrunken profit margins from the firm's core residential development business.22 Jul 2003 - 12:00am