Mainland liquor and cigarette distributor Silver Base will launch cheaper products after reporting a net loss of HK$1.13 billion for the past financial year. The firm reported an 86.9 per cent drop in revenue to HK$390.2 million for the year to March, blaming it on the economic slowdown on the mainland and Beijing's crackdown on corruption.Wednesday, 3 July, 2013, 4:48am
Liang Guoxing, chairman of Silver Base Group Holdings, has left more questions than answers about the poor performance of one of the mainland's largest distributors of Chinese liquor.7 Dec 2012 - 3:23am
One of the "inconvenient truths" that is not getting much attention at the UN climate conference in Doha is that for the past 16 years there has been no discernible increase in global temperature.6 Dec 2012 - 3:16am 1 comment
An analyst has questioned corporate governance at Silver Base after the company reported an unexpected sharp drop in interim revenue.
The liquor distributor admitted that some managers had left the company and some mainland stores had closed.4 Dec 2012 - 3:10am
Cooling moves take edge off home prices3 Dec 2012 - 4:26am