Denise Tsang

Yuk Jie's back, bless her cotton socks

Stocking retailer Au Yuk-ho has returned to hawking her wares from a barrow after sky-rocketing rents forced her out of the tiny shop she was renting in Causeway Bay.

Monday, 4 June, 2012, 12:00am

SMEs urged to go north

Small and medium-sized enterprises should adjust their mentality when breaking into the mainland consumer market, according to the Hong Kong Productivity Council.

24 Feb 2012 - 12:00am

Canton Fair is looking to emerging nations

Commerce vice-minister Zhong Shan expects a record-breaking number of buyers and exhibitors at the Canton Fair, the mainland's largest trade show.

But he warned of 'more challenging and complicated' prospects for global trade this year.

14 Jan 2012 - 12:00am

Slower but cheap wins it for Cambodia's bra makers

Since taking up her factory job in Phnom Penh last month, Mom Sophea has been learning how to stitch sponge cups into bras using a sewing machine.

Sophea, 26, a Cambodian housewife previously a stranger to sewing, is now among the country's 300,000 skilled factory workers, who work eight hours a day, six days a week, for US$61 (HK$476) a month.

22 Dec 2011 - 12:00am

Factory growth to slow in 2012 on tight policies

The government has warned of a slowdown in the mainland's factory growth next year, which may ease to 11 per cent, adding pressure on policymakers to ease some tightening measures now in place.

25 Nov 2011 - 12:00am

Output falls for 3rd month amid credit squeeze

China's manufacturing activity has shrunk for the third straight month under the weight of the nation's stringent monetary regime, which is expected to continue putting downward pressure on output.

1 Oct 2011 - 12:00am

Sinopec bonds to raise 50b yuan to fund projects

Sinopec Corp, whose profits rose 11.9 per cent to 41.17 billion yuan (HK$50 billion) in the first half, said it planned to sell 50 billion yuan in domestic corporate and convertible bonds. Issued on the mainland, they will fund construction of its liquefied natural gas project in Shandong and upgrade several oil refinery projects.

29 Aug 2011 - 12:00am

Overseas chaos sees mainland factories heading for another contraction

Mainland manufacturing might contract for the second consecutive month as turbulence on overseas markets batters confidence.

24 Aug 2011 - 12:00am

CRE on acquisition trail after 34.4pc profit leap

Consumer giant China Resources Enterprise said yesterday it will pursue growth through acquisitions after reporting a 34.4 per cent jump in underlying profit to HK$660 million in the first three months of this year.

20 May 2011 - 12:00am

Huaneng seeks HK$8.5b from share sale

Huaneng Power International plans to raise about HK$8.5 billion by selling 800 million new A and 400 million new H shares. The prices have been preliminarily fixed at a minimum of 7.13 yuan (HK$8.10) per A share and HK$4.97 per H share. The proceeds will be used mainly to fund wind power plants in Gansu and coal-fired plants in Jiangsu and Hunan.

18 Jan 2010 - 12:00am

China Gas to streamline LPG supply for new unit

China Gas Holdings, which runs 73 gas projects in the country, will try to improve the profitability of a liquefied petroleum gas (LPG) distributor in which it bought a 53 per cent stake last week by sourcing the fuel directly from Oman Oil, its minority shareholder.

1 Apr 2008 - 12:00am

Credit controls slow mainland's industrial output growth to 17.3pc

The mainland's industrial output grew at the slowest pace this year last month as a wave of tightening measures poured cold water on the sizzling economy.

The 17.3 per cent year-on-year expansion compared with 17.9 per cent growth in October, 18.9 per cent in September and the year's peak of 19.4 per cent in June, the National Bureau of Statistics said yesterday.

14 Dec 2007 - 12:00am

October FDI accelerates 13pc to US$6.77b

Foreign direct investment in the mainland climbed 13.18 per cent last month to US$6.77 billion, according to the Ministry of Commerce.

The increase took the aggregated investment 11.15 per cent higher to US$53.99 billion in the first 10 months of this year, underscoring the country's growing prominence on the global economic stage.

13 Nov 2007 - 12:00am

Quality certificates aim to restore confidence

The State-owned Assets Supervision and Administration Commission, responding to growing domestic and international concerns over the trustworthiness of mainland businesses, has awarded its own certificates to a relative handful of machinery and electronics importers and exporters.

17 Oct 2007 - 12:00am

Sinopec profit rises 65.5pc as refining surges

China Petroleum & Chemical Corp (Sinopec), the nation's second-largest oil and gas producer, reported a 65.47 per cent jump in net profit to 36.19 billion yuan in the first half of this year as growth in refining and chemical operations offset lower profits from oil and gas production.

27 Aug 2007 - 12:00am

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