Salomon Smith Barney

What the Broker Said...

Local property developer Great Eagle began a year ago to branch out into Internet-related businesses.

Sunday, 18 February, 2001, 12:00am

Salomon predicts fall in costs as sales volume dips

Residential property prices could fall 10 per cent by the end of this year on diminished transaction volume in the fourth quarter, Salomon Smith Barney predicts in its latest research.

The securities house said the severity of the present market slowdown was evident from the poor results for recent project launches.

27 Oct 2000 - 12:00am

Focus on costs brings move to bigger projects

Developers are attempting to maximise economies of scale by pursuing larger-scale projects, meaning smaller players will become more marginalised, according to Salomon Smith Barney.

The brokerage firm said maximising economies of scale became increasingly important in an environment of slow residential price growth.

1 Dec 1999 - 12:00am

What the broker says

Giordano International runs a chain of casual clothes stores in Asia selling under its own label.

Salomon Smith Barney recently put a buy recommendation on the stock on the strength of the recovery in its sales in Taiwan and the mainland.

14 Nov 1999 - 12:00am

CNOOC seeks US$2b for development

CNOOC, the listing vehicle of mainland offshore oil giant China National Offshore Oil Corp, is to embark on a US$2.2 billion development plan to 2002, a research report issued by its sponsor, Salomon Smith Barney, revealed.

24 Sep 1999 - 12:00am

Report debunks 'exaggerated' price war fears

Fears of a new price war among real estate developers have been exaggerated as only half of a potential supply of 20,000 units is likely to come on to the market in the next four months, according to Salomon Smith Barney.

28 Aug 1999 - 12:00am

Rate fears force downgrade for HK

Salomon Smith Barney has modestly downgraded its estimated fair value for the Hang Seng Index in light of its darkening outlook on interest rates in the United States.

In a report released last week, the US investment bank put this year's fair value for the index at between 10,200 and 10,600 points, down slightly from 10,900 and 11,500 points.

1 Jun 1999 - 12:00am

High earnings forecast makes Johnson Electric a strong buy

Johnson Electric Holdings Recommendation: Strong Buy Brokerage: SG Securities (Hong Kong) JOHNSON Electric Holdings designs, manufactures and markets micro-motors used in home appliances, office equipment and other electrical goods.

11 Apr 1999 - 12:00am

Goldlion Holdings manufactures, markets and distributes men's fashion items

GOLDLION Holdings manufactures, markets and distributes men's fashion items under its own brand name.

This time last year, Salomon Smith Barney had 'sell' on the stock as slowing mainland demand stunted earnings potential.

17 Jan 1999 - 12:00am

New property boom seen in 2001 as unit supply drops

Hong Kong could see another property boom beginning in 2001 as construction of new units fails to keep pace with demand, securities company Salomon Smith Barney says.

According to the firm's recent property report, developers had cut production to reduce debt exposure and minimise the cost of borrowing.

12 Aug 1998 - 12:00am