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The Decathlon store in New Town Plaza Phase III, Sha Tin. Photo: Handout

Retailing

Stock Quote Profile

Decathlon sets sights on ‘sports friendly’ New Territories with new branches

Hong Kong was merely considered a pilot scheme for Decathlon, but four years later it finds itself opening branches six and seven, with an eighth already in the works.

4 May 2021 - 10:46PM

Banking & finance

Hong Kong IPOs skyrocket in record-breaking first quarter

30 Mar 2021 - 12:38PMvideocam

China technology

Bilibili eyes content diversity to double user base

29 Mar 2021 - 4:44PMvideocam

Companies

Stocks

Sell-off erases US$28 billion in market cap of top e-cigarette players

Share of Smoore International, the world’s largest e-cigarette maker, plummeted in Hong Kong following peer’s slide on Wall Street.

23 Mar 2021 - 1:22PMvideocam

A man walks past a no smoking sign in Beijing. China, which has around 300 million smokers, is considered the world’s largest market for tobacco products. Photo: AFP

Companies

Tesla

Cathie Wood expects Tesla’s shares to hit US$3,000 by 2025

According to Ark Invest Management’s new model, in the best case scenario, Tesla could reach US$4,000 per share in 2025, and in the bear case, US$1,500.

21 Mar 2021 - 1:55PMvideocam

Stock Quote Profile

Food and Drinks

China’s hungry young professionals are driving a restaurant boom

China’s restaurant sector is enjoying breakneck growth and could soon overtake the US as the world’s biggest market.

15 Sep 2019 - 10:56PMvideocam

Stock Quote Profile

Investing

Investor eyes banks after making 785 per cent on Kweichow Moutai

Dong Baozhen’s flagship fund has handily beaten the Shanghai Composite Index’s 14 per cent gain by owing just one stock.

17 Jul 2019 - 9:32AM

Bottles of Chinese white wine, Kweichow Moutai, are pictured on a shelf at a restaurant in Harbin city, in the northeastern Chinese province of Heilongjiang. Photo: Simon Song

China Business

China property

One man’s downfall imperils a huge Chinese business, yet again

Latest scandal involving Wang Zhenhua, the controlling shareholder of Future Land, shows how investors end up paying a heavy price for the mistakes of executives synonymous with their companies.

5 Jul 2019 - 10:53PM

Stock Quote Profile

Hong Kong company reporting season

L’Occitane’s profit jumps 22 per cent, beats expectations

US, Russia and China were the fastest-growing markets for L’Occitane.

17 Jun 2019 - 10:41PM

Companies

A-shares

Kweichow Moutai pours confidence back into shaken investors

Investors were incensed in early May when it became known that the fiery liquor maker’s state-owned parent China Kweichow Moutai Winery Group had set up a wholly-owned unit to sell some of Moutai’s liquor. But a recent shareholder meeting seemed to reassure many investors.

2 Jun 2019 - 9:46PM

Employees arrange bottles of Moutai baijiu at the Kweichow Moutai factory in the town of Maotai in Renhuai, Guizhou province, China, on December 14, 2017.

Companies

Health & Fitness

Biotech firm’s business model proves a hit with investors

Not only is the firm profit-making, but its investment in potential drug candidates has made it attractive to investors, says Louis Tse Ming Kwong, managing director of VC Asset Management

13 May 2019 - 9:50PM

Viva Biotech is the fourth largest company in China’s drug discovery services industry, with a 2.6 per cent market share. Photo: Bloomberg

Companies

Tencent

Tencent to grant directors powers to buy back 10pc of shares

Buy-back will spur a rally in Tencent’s stock price as it shows the management is confident in the company’s fundamentals, says Norman Hui, analyst with Zhongtai International Securities

2 Apr 2019 - 3:32PM

Companies

HKEX

Tycoon Gordon Wu’s US$2.7b Hopewell privatisation approved

Privatisation will bring an end to the company’s 47-year listing on Hong Kong stock exchange

21 Mar 2019 - 10:51PM

Stock Quote Profile

Hong Kong company reporting season

Li & Fung cuts China’s role in supply chain as labour costs rise

Hong Kong giant reported a 20 per cent year on year decline in core operating profit to US$285 million, but above consensus estimate of US$270 million

21 Mar 2019 - 10:51PM

Hong Kong-listed Li & Fung supplies apparel, accessories and other products to major global retailers. Photo: Edmond So

Companies

Television Broadcasts (TVB)

Hong Kong’s dominant broadcaster TVB loses US$25.3m for 2018

Company forecasts a challenging year ahead in Hong Kong, but expects a boost from its mainland China expansion.

21 Mar 2019 - 2:47AM

TVB’s headquarters in Tseung Kwan O Industrial Estate. The company has been facing competition in its home market of Hong Kong. Photo: Roy Issa

Hong Kong & China

Hong Kong property

Hong Kong’s retail sales depend on trade war outcome: Times Square owner

5 Mar 2019 - 10:38PM

Companies

Social media

Snap’s steady user base sends shares soaring 20pc

6 Feb 2019 - 1:12PM

Stock Talk

Hong Kong property

Chinese builders come under severe selling pressure in Hong Kong

Chinese property developers in Hong Kong came under severe selling pressure, with the shares of two builders sinking by as much as 80 per cent in late trading on Thursday.

18 Jan 2019 - 10:18AM

A wave of selling pressure was seen in some shares in Hong Kong on Thursday. Photo: Winson Wong

Companies

Geely

Geely shares skid as sales miss target, warns of dire 2019

8 Jan 2019 - 10:34PM

Companies

Consumers

Cafe de Coral beats forecasts, serves up 16pc rise in first-half profit

But minimum wage increase set to take effect next year may weigh on profitability.

26 Nov 2018 - 9:29PM

Companies

Stocks

Apple suppliers, stocks recover in Hong Kong after initial declines

The Hong Kong-listed suppliers of Apple recovered in afternoon trading on Tuesday, following a drop in morning trading.

13 Nov 2018 - 10:39PM

Apple’s overnight losses in US trading had a cascading effect on its suppliers in Hong Kong on Tuesday. Photo: Winson Wong/SCMP

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