Charlotte So

Latest from Charlotte So

Asset sale boosts Cosco Pacific profit

Cosco Pacific said its net profit shot up 105 per cent to US$702.7 million last year and the company is considering making more port acquisitions abroad at a time when the mainland's container throughput growth is slowing.

Cosco Pacific said its net profit shot up 105 per cent to US$702.7 million last year and the company is considering making more port acquisitions abroad at a time when the mainland's container throughput growth is slowing.

26 Mar 2014 - 6:34AM
Air China hit hard as yields tumble

Beijing-based Air China said net profit sank 32 per cent last year to 3.26 billion yuan (HK$4.07 billion) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry.

Beijing-based Air China said net profit sank 32 per cent last year to 3.26 billion yuan (HK$4.07 billion) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry.

26 Mar 2014 - 5:55AM
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Chinese Estates' Joseph Lau passes baton to son after graft conviction

Joseph Lau Luen-hung yesterday resigned from the post of chairman of Chinese Estates after being convicted in Macau last week of bribing officials and money laundering, passing on the baton to his son Lau Ming-wai.

Joseph Lau Luen-hung yesterday resigned from the post of chairman of Chinese Estates after being convicted in Macau last week of bribing officials and money laundering, passing on the baton to his son Lau Ming-wai.

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Hong Kong urged to act on port congestion as pressure builds for more capacity

Hong Kong port operators urged the government to press harder on consolidating about 70 hectares of land next to its terminals to eliminate congestion and raise their capacity after a round of alliances in shipping lines will further stretch the limits of the already crowded port.

Hong Kong port operators urged the government to press harder on consolidating about 70 hectares of land next to its terminals to eliminate congestion and raise their capacity after a round of alliances in shipping lines will further stretch the limits of the already crowded port.

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