Fundamental Analysis

Smart money

Best forums for discussing investment and

Monday, 30 July, 2012, 12:00am

Gloom for manoeuvre

The good news for investors is that the mainland registered its slowest economic expansion for three years with first quarter gross domestic product growth coming in at 8.1 per cent. Indeed the World Bank forecasts that growth for the whole year will be 'only' 8.2 per cent, the lowest figure in a decade.

23 Apr 2012 - 12:00am

Ask our experts

The expert panel addresses vexing questions of investor interest:

Shaun Liang (investment strategist, Standard Chartered Bank) was asked: What should investors look for with regards to the A-share premium to H shares? What buy or sell signals can be gleaned from this?

9 Jan 2012 - 12:00am

Market Calls

Evergrande Real Estate (3333), China's second-largest property developer, was a big mover last week, up 14 per cent.

17 Oct 2011 - 12:00am

Stocks cheap, firms strong, so is it time to buy?

If a cashed-up billionaire like Warren Buffett goes on a shopping spree, he might evaluate a takeover target by comparing its share price to its core earnings.

And after the recent sell-off, this measure of value and others suggest it is a very good time to buy, both in the US and in Hong Kong.

10 Aug 2011 - 12:00am

View of Disneyland profits minus flimflam still a picture of loss

Record revenues of HK$3 billion helped Disneyland report positive earnings before deducting interest, taxes, depreciation and amortisation (ebitda) for the first time: it reversed from a loss of HK$70 million last year to earnings of HK$221 million. SCMP, January 19

20 Jan 2011 - 12:00am

Shopping coupons will enable people to start spending again

Referring to my letter ('Tax cuts, shopping coupons are appropriate moves in recession', December 1) where I suggested tax cuts and shopping coupons as short-term measures during the recession, Denise Tam said such measures would not help deal with the long-term situation ('Coupons not the answer to deal with crisis', December 10).

16 Dec 2008 - 12:00am

Profit declines leave mainland firms in downward stock spiral

Mainland-listed firms have taken a beating from the slowing economy, reporting a drop in profits for the third quarter and adding further downside to the country's declining stock market.

1 Nov 2008 - 12:00am

Costs, competition eat into Galaxy earnings

Rising costs and cut-throat competition in Macau's booming gaming industry weighed heavily on Macau casino developer Galaxy Entertainment during the first quarter.

31 May 2008 - 12:00am

Cash-flow query

Lawmakers want the government to explain how retail, dining and entertainment revenue will cover West Kowloon Cultural District's operating costs. Will the cultural hub face financial problems? Write to us.

28 May 2008 - 12:00am

Cash-strapped developers sell assets

Private companies find way to improve cash flow and cut debt amid falling prices

Mainland developers are under growing pressure to repair balance sheets that are beginning to show the strains of high debt levels at a time of falling property prices and sales.

30 Apr 2008 - 12:00am

Mainland mid-market M&As face headwinds

The mainland, which has led the growth in Asia's mid-market mergers and acquisitions (M&A), will meet headwinds next year on spiralling asset values and new corporate rules, said a senior executive of accounting firm Deloitte Touche Tohmatsu.

28 Nov 2007 - 12:00am

Real estate sector the StarMine winner

For overall stock picking and earnings forecasts, BOCI Research brokerage has come top in the 2005 StarMine analysts awards which focus on Hong Kong and mainland firms.

The individual awards went to Peter Bai of China International Capital Corp and Jonas Jan of Daiwa Institute of Research - analysts covering the property sectors on both sides of the border.

12 Jun 2006 - 12:00am

Hutchison moves 3G profit goalposts

Hutchison Whampoa has renewed the timetable for its global US$22 billion 3G investment to break even, saying the business will only edge closer to an operating profit by next year, one year later than its original target.

24 Mar 2006 - 12:00am

Earnings hit new record

Bank of East Asia posted record half-year earnings of $1.18 billion, up 20 per cent on the same half last year.

The bottom-line result was boosted by a $24 million bad loan write-back and a $35 million gain on the disposal of fixed assets.

7 Oct 2005 - 12:00am