Wheelock looks ahead to strong growth

Wheelock looks ahead to strong growth

With a strong pipeline of projects, property and logistics conglomerate Wheelock and Company expects to see substantial business growth in the next five years.

Thursday, 28 March, 2013, 6:31am

Beijing drafts dividend tax to boost market

Dividend policy may help revive world's second-largest economy.

Beijing's securities watchdog is set to unveil a new dividend policy scheme to support the lacklustre market as part of the government's campaign to end the losing streak of equities.

The move is the latest in a series of measures by Beijing in recent weeks to rejuvenate the world's second-biggest economy by trying to ensure that financing activity in the stock market remains afloat.

30 Oct 2012 - 4:25am

Brilliance China Automotive stalls dividend despite 41pc profit rise

Brilliance China says it might pay a dividend next year. Photo: AFP

Brilliance China Automotive will consider declaring a dividend next year after it completes most of its investment projects.

8 May 2015 - 9:59am

Corrections & clarifications

An article headlined "Profit up 3.8pc at Swire Properties", published on B3 on Saturday, incorrectly stated the interim dividend of its parent company, Swire Pacific, was HK$1.50 per A share and 30 HK cents per B share. The amounts should have been HK$1 per A share and 20 HK cents per B share.

14 Aug 2012 - 2:58am

Fans of outsiders laughing all the way to the bank

If you're one of the many with the sneaking suspicion this season's results have been very different from last season's, then you are bang on the money.

About now we have a look back at some of the season's stats, particularly with reference to betting and last year the statistics were all about what a tough year it was for punters.

11 Jul 2012 - 12:00am

Rusal mulls 10pc cut in output

Debt-laden Rusal, the world's largest smelter of aluminium, is hoping that industry-wide efforts to cut excess capacity will help lift prices enough for it to pay a dividend, although an analyst said this might not happen for at least two years because capacity cuts took time to flow through to profits.

7 May 2015 - 4:50pm

BEA profit climbs 3.2pc but misses expectations

Shares of Bank of East Asia yesterday posted their biggest fall in two weeks after the city's third-largest lender reported thinning core capital and earnings that failed to meet analysts' expectations.

BEA said attributable profit rose 3.2 per cent last year to HK$4.36 billion, against average analyst target of HK$4.63 billion.

15 Feb 2012 - 12:00am

Dividend cuts lift pressure on mainland banks

Leading mainland banks were unlikely to resort to issuing new shares or debts to raise money this year, international rating agency Moody's predicted yesterday.

Christine Kuo, senior credit officer for financial institutions at Moody's, said the recent cut in dividend payments would save them from raising capital on a 'massive' scale.

8 Feb 2012 - 12:00am

BOC regains investor interest

Shares of Bank of China hit a six-month high in Hong Kong yesterday as Beijing's decision to cut cash dividend payouts shored up investors' confidence in the mainland lender.

The mainland's fourth-largest bank by market value rose as much as 1.77 per cent to HK$3.45 in the morning session before closing at HK$3.39 at the end of the day, unchanged from Friday.

7 Feb 2012 - 12:00am

Call for listed firms to pay dividends

An adviser to the mainland's central bank has urged regulators to require listed companies to pay cash dividends, saying it must be a priority if Beijing is to improve its ailing stock market.

20 Dec 2011 - 12:00am

Fortune favours the brave

It has been a quarter of a century since the second Big Bang, the sudden deregulation of financial markets which included the abolition of fixed commission charges and the end of open-cry trading at the London Stock Exchange.

28 Nov 2011 - 12:00am

Defensive strategy is key

Markets may hate uncertainty, but in the unfolding economic crisis, any hope of a quick return to the comparative predictability of a pre-Lehmans world is best left unstated.

28 Nov 2011 - 12:00am

Chaoda stock falls to two-year low

Shares in Chaoda Modern Agriculture fell to a two-year low yesterday as investors continued reacting nervously to a Hong Kong tabloid report claiming the fruit and vegetable producer has overstated the size of its land bank.

8 Jun 2011 - 12:00am

Not sexy enough for bulls

Last month's launch of Hong Kong's first yuan-denominated real estate investment trust made headlines for its part in the steady globalisation of China's currency, but the Hui Xian Real Estate Investment Trust listing otherwise failed to excite the market.

23 May 2011 - 12:00am

Manufacturer still strong after 25 years

Hong Kong-listed power tools manufacturer Techtronic Industries (TTI) showed strong growth in its financial results for the year ended December 31. The company, which is celebrating its 25th year, says the solid performance was observed across all businesses, resulting in excellent growth.

4 Apr 2011 - 12:00am