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  • Apr 2, 2015
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Hang Seng Index Constituent Stocks

Anita Fung: The HSBC chief executive who broke through the glass ceiling

ANITA FUNG: THE HSBC CHIEF EXECUTIVE OFFICER WHO BROKE THROUGH THE GLASS CEILING

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

Merchants step up protest over Cathay Pacific's shark fin cargo ban

A shark fin shop. Shark fin merchants plan to stage a protest today. Photo: AFP

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

Directors dip into cement buys as share prices fall

Robert Halili

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

Business Digest

ZTE

Li Ning net profit plunges 85pc

23 Aug 2012 - 2:13am

Worlds apart on pay scale

JPMorgan Chase CEO Jamie Dimon (left) and ICBC chairman Jiang Jianqing are paid vastly different amounts. Photos: AP, Bloomberg

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 interim profit goes down 12pc

Henderson Land

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

Property players look abroad to avoid controls

Developer Zan Wei Realty chose to market its luxury development in Suzhou, Chuo Cheng Villas, first in Hong Kong. Photo: SCMP

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

Longfor Properties banks on lower profit margins in 2013

Longfor expects a slowdown in the housing market this year to hit gross profit margins next year. Photo: Paggie Leung

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 shifts focus beyond first-tier cities

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

Cheung Kong's aggressive bid for Tsuen Wan site boosts sentiment

Chief Executive Leung Chun-ying has clarified policy.Photo: Sam Tsang

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

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

Buys down for a third week as bosses hold on to shares

Buys down for a third week as bosses hold on to shares

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

Company Results, August 13

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 bags Tsuen Wan site for HK$9.6b

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 lifts sales mark

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

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