Pricing move puts spark into power shares

Power prices will track coal costs more closely. Photo: Reuters

Shares in mainland power and coal producers gained after Beijing's announcement of a new power and coal price linkage mechanism that frees coal prices from state intervention and lets power prices track coal price movements more closely.

Friday, 8 May, 2015, 9:46am

Beijing steps back from coal pricing

The NDRC will not intervene in talks on the price of coal for power stations. Photo: Reuters

Beijing plans to stop its annual meddling in the pricing of power-station coal for the first time since 2008 following a 25 per cent drop in the fuel's price in the past year.

8 May 2015 - 9:48am

Advertising agencies' price code may violate competition law, say experts

Longstanding pricing rules set by the advertising industry's leading trade association conflict with the competition law, the consumer watchdog and legal experts warn.

Members of the Association of Accredited Advertising Agencies of Hong Kong (HK4As), a group of 29 major firms, are required under a code of practice to charge clients according to a scale of minimum payments.

15 Sep 2012 - 3:16am

How to sell cheap but still make a healthy profit

Suppliers have cut him off, wholesalers have nagged him over low prices and competitors call him predatory, but for this firm competition is all about flexibility and finding substitutes.

2 Jun 2012 - 12:00am

How to avoid costly fees and enjoy the view

Increases in admission fees at several scenic spots on the mainland sparked tips online on how to avoid costly fees while still enjoying the often-breathtaking views.

Various fare-evasion tips, including ways to avoid ticket booths, were readily available in the lead-up to and during the three-day Labour Day holiday that ended yesterday.

2 May 2012 - 12:00am

REVIVAL under way

After months in the deep freeze, the housing market is showing signs of thawing, as buyers return from the sidelines.

In February, monthly home sales in the primary and secondary markets rebounded 10 per cent over the previous month, figures from the Land Registry show. But February home sales were still 63 per cent lower than the corresponding month a year earlier.

16 Mar 2012 - 12:00am

How much bite will HK's competition law really have?

When the minimum wage law was going through the Legislative Council, there was confusion over its implications. Labour leaders of course lobbied for a high dollar figure, while employers of low-paid workers demanded much less. Some people expected a loss of low-paid jobs; if anything, the higher wage attracted some retired people back into the labour market.

27 Jan 2012 - 12:00am

Sale a success, demand still flat

Strong demand for flats in The Coronation in West Kowloon is due, property analysts say, to keen pricing and its proximity to the express railway to Guangzhou now under construction rather than a sea-change in buyer sentiment.

11 Jan 2012 - 12:00am

Homes with high power use face 20pc bigger bills

Households in Kowloon, the New Territories and Lantau Island may pay up to 20 per cent more for electricity, though businesses face a tariff increase of less than half that.

15 Dec 2011 - 12:00am

Rising prices of shoebox flats not quite satisfactory

Financial Secretary John Tsang Chun-wah yesterday warned of the risk of a property bubble, saying the price of flats had not fallen to a satisfactory level.

SCMP, November 22

24 Nov 2011 - 12:00am

Why diesel prices stay high

When it comes to oil prices, what goes up doesn't necessarily come down - or at least not by as much.

Local retail price for diesel jumps when international oil prices rise, but don't fall as much when global prices fall, the Consumer Council found.

16 Nov 2011 - 12:00am

Market frowns in Glasgow

In what at that time was a groundbreaking marketing initiative, the world was once told that 'Glasgow's Miles Better', complete with an endorsement from campaign mascot Mr Happy. But in the past few years, there hasn't been much housing happiness in the city.

26 Oct 2011 - 12:00am

Gap on price keeps home sales sluggish

Home sales in the secondary residential market remain sluggish because of a big gap in price expectations between buyers and sellers that has made negotiations more time consuming, Ricacorp Properties says.

3 Aug 2011 - 12:00am

No free ride

Kowloon Motor Bus Company, a subsidiary of Sun Hung Kai Properties, issued a profit warning this week, saying it might have to raise fares again due to soaring fuel prices and increased operating costs.

23 Jul 2011 - 12:00am

Right price

With the administration showing increasing determination to stabilise property prices, the role of government-related, or controlled, organisations, such as the MTRC and the Urban Renewal Authority (URA), has come under the spotlight.

8 Jul 2011 - 12:00am