HK | South China Morning Post
  • Thu
  • Jan 29, 2015
  • Updated: 4:30pm


Luxury flats launched

It may sound cliched, but 'quality not quantity' appears to be the mantra of Cypress Group chief executive Robert Shum as he plans to reap a threefold return on the latest joint venture project by Cypress Group and Askar Capital.

Wednesday, 25 June, 2008, 12:00am

Lai See

Yuan-linked directors dream of pounds

The strong yuan has meant less for a group of directors paid in Hong Kong dollars.

Despite making a record profit, PICC Property and Casualty reduced the fee paid to four of its independent non-executive directors by 5.5 per cent to 277,000 yuan (HK$308,384) last year.

29 Apr 2008 - 12:00am

The Planner



Louise Lee Pik-wai's art expresses love for her child. Today-tomorrow, 10am-7pm, Murmur Gallery, Shop 6, G/F, 1 Lyndhurst Tower, 1-7 Lyndhurst Terrace, Central. Inquiries: 2524 6828. Ends tomorrow


23 Apr 2008 - 12:00am

China Foods sees 20pc drop in earnings after spin-off of unit

China Foods, the edible oil and beverage unit of the mainland's largest food importer and exporter, said net profit dropped 20 per cent last year because of the spin-off of its oilseed processing, biofuel and biochemical business last year.

16 Apr 2008 - 12:00am

Business group sues chief over HK$13.87m

One of the oldest business associations in Hong Kong is seeking the return of HK$13.87 million from its chairman - businessman and Grand Bauhinia Award holder Leo Lee Tung-hai.

In a writ, it alleges he misappropriated the money.

13 Apr 2008 - 12:00am

Glorious Sun sells building for HK$1.5b

Glorious Sun chairman Charles Yeung Chun-kam sold the company's privately-owned commercial building in Cheung Sha Wan to a local buyer for HK$1.51 billion, the biggest transaction value so far this year.

The sale of the 20-year-old Trade Square highlights how local investors have become active in chasing high-yield properties amid the negative interest rate environment.

12 Apr 2008 - 12:00am

China Overseas beats earnings expectations

China Overseas Land & Investment has posted better than expected 2007 net earnings of HK$4.18 billion on high margins and strong sales volume.

Helped by a robust property market in the first three quarters of last year, the company said net earnings rose 76.29 per cent for the year to December 31, compared with 2006's HK$2.37 billion.

21 Mar 2008 - 12:00am

Pratt leads HK women's tour party

Neisha Pratt will lead a 13-strong Hong Kong women's squad to Dhaka tomorrow on a 10-day tour during which they will play four one-day games against the Bangladesh national team.

18 Mar 2008 - 12:00am

money boxes

1. Areaware piggy bank, HK$1,180, from Addiction, 15 Gough Street, Central, tel: 2581 2616.

2. Japanese lucky cat money bank, HK$100, from Tung Shan Porcelain, 69 Peel Street, Central, tel: 2857 3665.

3. Umbra Volcoino, HK$280, from Bals Tokyo, shop 1032, Elements, 1 Austin Road West, Tsim Sha Tsui, tel 2302 1961.

16 Mar 2008 - 12:00am

China Resources to spin off HK unit

State-owned conglomerate China Resources (Holdings) aims to spin off its medical and pharmaceutical operations in Hong Kong over the next three to five years after restructuring two drugmakers, chairman Chen Xinhua said.

10 Mar 2008 - 12:00am

Chow talks of retiring as HKEx nets HK$6.17b

Paul Chow Man-yiu, the chief executive of Hong Kong Exchanges and Clearing since 2003, revealed yesterday his plan to retire in two years while announcing record earnings of HK$6.17 billion for the stock exchange operator last year, up 145 per cent from 2006.

6 Mar 2008 - 12:00am

Banks take HK$963.6m subprime hits

Wing Lung Bank and Chong Hing Bank have not been spared the bane of the subprime mortgage crisis in the United States, disclosing related provisions totalling HK$963.63 million at their results announcements yesterday.

Market watchers fear more provisions are required as the US housing market slump looks set to worsen.

6 Mar 2008 - 12:00am

Hang Seng beats forecasts as net leaps 51.5pc to record HK$18.2b

Hang Seng Bank yesterday reported record earnings of HK$18.24 billion for last year, but rising inflation and a United States economic slowdown are set to challenge the lender.

4 Mar 2008 - 12:00am




The Finnish symphonic power metal group perform. Tonight, 8pm, Hitec, 1 Trademart Drive, Kowloon Bay, HK$480, HK$580. Inquiries: 2783 0135

Go Party

24 Jan 2008 - 12:00am



Jazz and the Hits

Pianist Ted Lo, joined by bassist Peter Scherr and drummer Nicholas McBride, plays jazz hits. Tonight-Sat, 7.45pm, Fringe Club, 2 Lower Albert Rd, Central, HK$180, HK$150 (members/students). Inquiries: 2521 7251

Flat On Your Bacharach

10 Jan 2008 - 12:00am