Business Digest, February 6, 2013

GM says China monthly sales set record in Jan

No SFC licence for former Merrill staffer

Wednesday, 6 February, 2013, 5:48am

Bumpy ride expected for SHKP shares

Analysts expect short-term volatility in Sun Hung Kai Properties' stock after its joint chairmen, Thomas Kwok Ping-kwong and Raymond Kwok Ping-luen, begin a legal battle that is expected to last several years.

The billionaire brothers who run the developer are digging in for a tough fight with the Independent Commission Against Corruption by hiring three big law firms.

14 Jul 2012 - 12:00am

Walter Kwok is arrested By ICAC

The third Kwok brother, Walter Kwok Ping-sheung, has been arrested as part of Hong Kong's biggest anti-corruption probe, it emerged yesterday.

5 May 2012 - 12:00am

When property bubble bursts, pin blame on outgoing administration

Hong Kong' s property bubble must be burst now or at least sooner than later. Just as Andy Xie wrote in his article, Hong Kong must kick its property addiction ('High on property', April 23). The bubble is real and has to break.

3 May 2012 - 12:00am

Stock knocked on Kwok arrests

Major investors have been selling large chunks of Sun Hung Kai Properties stock and investment banks have downgraded its shares following the arrest of its joint chairmen by the Independent Commission Against Corruption last Thursday.

4 Apr 2012 - 12:00am

Reputation of corporate award winner tarnished

Sun Hung Kai Properties may be a winner of corporate governance awards but the Independent Commission Against Corruption investigation into its top executives threatens to tarnish its image as one of Hong Kong's best run and most transparent companies.

30 Mar 2012 - 12:00am


Today Interim: Blu Spa Holdings

3rd Quarter: North Asia Strategic

Final: Honbridge Holdings

AGM: Melbourne Enterprises

Tomorrow Final: J.I.C. Technology, Nam Tai Electronic & Electrical Products

February 4 Interim: AGTech Holdings, Prosten Technology Holdings, Sunevision Holdings, Tiger Tech Holdings

1 Feb 2008 - 12:00am


Today 1st Quarter: Semiconductor Manufacturing International Corporation

AGM: China Sciences Conservational Power, Fountain Set (Holdings)

Tomorrow Interim: China National Resources Development Holdings, Esprit Holdings, New Chinese Medicine Holdings

3rd Quarter: Lenovo Group

January 31 3rd Quarter: Ultra Group Holdings

29 Jan 2008 - 12:00am

Property stocks reel after Hang Lung, SHKP placements

Property stocks closed lower in Hong Kong yesterday after placements of shares in two major developers emerged in the market.

An institutional investor in Hang Lung Properties, the third-largest developer by market value, raised US$50 million from a placement of 10.27 million shares at HK$37.90 per share.

31 Oct 2007 - 12:00am


Today 1st Quarter: AKM Industrial, Beijing Jingkelong, CASH Financial Services, EMER International, Essex Bio-Technology, Hong Kong Exchanges and Clearing, Jinheng Automotive Safety Technology, Powerleader Science & Technology, Shenzhen EVOC Intelligent Technology, Trasy Gold Ex

Quarter: Shandong Weigao Group Medical Polymer

9 May 2007 - 12:00am

Results diary

February 12 1st Quarter: IIN International

Interim: A & K Educational Software Holdings, Big Media Group, China Chief Cable TV Group, Emperor Entertainment Group, Sunevision Holdings, SW Kingsway Capital Holdings, TeleEye Holdings

10 Feb 2007 - 12:00am

Results diary

Today Interim: Blu Spa Holdings, MegaInfo Holdings

Quarter: China Photar Electronics Group

3rd Quarter: Armitage Technologies Holding, Finet Group, FlexSystem Holdings, Golden Meditech, Hua Xia Healthcare Holdings, Inno-Tech Holdings, Mobile Telecom Network (Holdings), Prosten Technology Holdings, Tai Shing International (Holdings), Tradeeasy Holdings

9 Feb 2007 - 12:00am

Former deputy chief Herbert Hui eyes return to exchange

Old hand confirms he is considering running for board election, and may face three other challengers

Herbert Hui Ho-ming, a former deputy chief executive of the stock exchange, could soon be back on his old turf if he gets elected to the exchange's ruling board.

6 Apr 2006 - 12:00am

Sunevision counts on data services demand

Sunevision Holdings, the technology arm of Sun Hung Kai Properties, expects 'healthy demand' for data services to increase utilisation at its Hong Kong and mainland internet data centres by up to 14 per cent in the coming year.

10 Sep 2005 - 12:00am

Results diary

Today 1st Interim: CLP Holdings

1st Quarter: Century Sunshine Ecological Technology Holdings, Changmao Biochemical Engineering, KanHan Technologies Group, MediaNation, ProSticks International Holdings, Recruit Holdings, Sungreen International Holdings, Wumart Stores,

Quarter: Zhejiang Yonglong Enterprises

9 May 2005 - 12:00am