When Anita Fung Yuen-mei became HSBC's first female CEO for Hong Kong in September last year, she inherited a hot seat.
The lender had just announced 3,000 job cuts in Hong Kong and the pressure was on to ramp-up the bank's presence in China.Wednesday, 9 October, 2013, 10:25am 1 comment
Shark fin merchants will stage their second protest in as many weeks today against Cathay Pacific's decision to stop carrying shark fins on its cargo flights.
The plan was announced as Cathay revealed shipment figures yesterday showing that the volume of shark fin it transported comprised only a small part of the global trade.20 Sep 2012 - 4:00pm 2 comments
Company directors bought fewer shares and sold more stock in their own firms between August 20 and August 24, based on filings made to the stock exchange.
A total of 17 companies reported 78 insider purchases by directors worth HK$37.1 million versus five companies that reported 17 disposals worth HK$14.9 million.27 Aug 2012 - 5:14am
Li Ning net profit plunges 85pc23 Aug 2012 - 2:13am
JPMorgan Chase pays Jamie Dimon US$1.21 million for every US$1 billion of profit at the biggest American bank. Industrial & Commercial Bank of China, the world's most profitable, gives its top executive US$9,400.23 Aug 2012 - 2:13am
Henderson Land Development posted a decline of 12 per cent in its unaudited net profit to HK$7.73 billion for the six months to June 30 compared with the first half of last year, as contributions from property developments fell.23 Aug 2012 - 2:13am
Shanghai property agent Fang Bei used to earn tens of thousands of yuan a month from commissions she was paid for selling luxury homes to wealthy businessmen.
The money kept rolling in - until the central government introduced a series of policy measures aimed at curbing demand and price growth in the mainland's overheated property market.22 Aug 2012 - 9:38am
Mainland developer Longfor Properties is confident about its business outlook even though it expects a drop in gross profit margin next year.
"Gross margin will drop next year as the overall housing market slows this year," Longfor chief financial officer Wei Huaning said.
The group's overall gross margin was 46.1 per cent in the first six months of this year.18 Aug 2012 - 3:10am
Guangzhou R&F Properties plans to increase investment in second- and third-tier mainland cities as the industry shifts its focus to the housing demand of end-users in the coming years.17 Aug 2012 - 10:33am
Aggressive bidding by Cheung Kong for a Tsuen Wan site up for tender last week has signalled a turnaround in sentiment and triggered new confidence among home sellers.
Cheung Kong won the tender for the Tsuen Wan TW5 Bayside commercial and residential site above the Tsuen Wan West MTR station with a bid of HK$9.63 billion, or HK$4,308 per square foot.15 Aug 2012 - 5:32am
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
The buying fell for a third straight week while selling among directors was flat, based on filings to the exchange from August 6 to 10.12 Jun 2013 - 10:27am
Today 1st Quarter: China Communication Telecom Services, Fairson Holdings, Finet Group, Global Link Communications Holdings, Great World, Mobile Telecom Network (Holdings), Sino Harbour Property Group, Tai Shing International (Holdings)13 Aug 2012 - 11:31am
Cheung Kong (Holdings) has surprised the market by acquiring a residential site on the Tsuen Wan waterfront for HK$9.631 billion, substantially more than industry expectations.15 Aug 2012 - 11:29pm
China Overseas Land and Investment has lifted its full-year property sales target by a quarter to HK$100 billion, despite believing that the industry's tough times are not yet behind it.29 Aug 2012 - 2:43pm