Lee & Man Paper 2010 profit up HK$1.85bn

996 reads

Net profit per ton remains among the highest in China’s containerboard industry despite substantial increase in waste paper and coal prices. Read ››

Dragon Crown starts trading on the SEHK Main Board

497 reads

Share price closes at HK$1.14 per share on the first day of listing, approximately 3.6% above the offer price. Read ››

Dragon Crown’s Hong Kong Public Offer shares 38.5 times oversubscribed

868 reads

The estimated HK$275.1mn net proceeds from the Global Offering at fixed price of HK$1.10 per share will be used for phase 3 of its Nanjing development. Read ››

Xinyi Glass completes trial run of Tianjin float glass production line

830 reads

The production line is one of the largest in terms of production, which has a daily melting capacity of 1,000 tonnes. Read ››

Prada aims to raise HK$20.22bn in Hong Kong IPO

653 reads

The luxury goods company taps China market, which is seen to be the world’s third-biggest market for luxury goods in 5 years. Read ››

Hong Kong Resources Holdings 2010 profit up to HK$30mn

952 reads

3D-GOLD business boosts turnover by 90% to HK$2.45bn and by the satisfactory performance of retailing and franchising operations for selling gold and jewellery products. Read ››

Dragon Crown releases details of listing on HKSE Main Board

1406 reads

The group aims global offering of 275mn new shares at the range of HK$1 to HK$1.40 per share. Read ››

Lenovo fourth quarter profit up to US$42mn

578 reads

The computer manufacturer posted full-year sales of US$21.6bn, full year net profit of US$273mn and net cash reserves of US$2.7bn as of March 31, 2011. Read ››

Chaowei Power inks capital increase pact with Anhui Yongheng

611 reads

Facilitates business expansion in Anhui, an area with significant development potential in its electric bike market. Read ››

Noble Group launches $2.25bln loan facilities

709 reads

Amounts borrowed will be used to refinance some of the company’s debt. Read ››

Sino Biopharmaceutical first quarter profit up 14.6% to HK$103.28mn

1078 reads

The medicine producer inaugurated new exclusive patch product in China to propel business growth. Read ››

Royale Furniture to establish new production base in Nanchang

828 reads

The company signed agreement with Jiangxi government for its aim to increase production capacity to tap consumers’ rapidly growing spending power. Read ››

Xinyi Glass conducts trial run of 3rd float glass production line at Jiangmen

836 reads

The group aims to meet the enormous demand in automobile glass from the global market as it target melting capacity in 2011 at 2.61mn tonnes. Read ››

AV Concept takes over Korea’s Fairchild Semiconductor

1033 reads

The move aimed to further strengthens distribution network in East Asia and creates synergy with LED business. Read ››

Perception Digital applies for transfer of listing to SEHK main board

523 reads

Exit from Growth Enterprise Market to SEHK to enhance the profile of the group and increase trading liquidity. Read ››

China Everbright International invests in environmental protection equipment manufacturing

695 reads

The company is now capable of independently designing and manufacturing grate furnaces and automatic control systems. Read ››

China Environmental Technology enters into environmental protection framework agreement

810 reads

The company to invest in Xi’an Chanba Ecological Zone Project Milestone to diversify business. Read ››

Xinyi opens solar glass production line in Tianjin

781 reads

The glass maker expands northern China market focusing on float glass and solar glass. Read ››

China Metal Recycling profit up 85% to HK$887mn

1067 reads

Growth trend seen to continue as proposed JV between the company and Guangdong Materials Group would enhance and refine its collection network. Read ››

China Rongsheng profit up 32.0% to RMB1.72bn

696 reads

The company targets expansion as it strengthens its leadership in shipbuilding industry while actively develops offshore engineering market. Read ››

Singamas profit back to green at US$92.54mn

755 reads

The company has set up new factories in Nantong City to capture the region’s rising container demand as container prices are expected to rise in 2011. Read ››

Xinyi Glass 2010 profit up 103.1% to HK$1.57bn

901 reads

Te company proposes spin-off listing of solar glass business in Hong Kong to step up growth. Read ››

APAC Resources 2010 profit up 196% to HK$1.1bn

900 reads

The company to further evaluate opportunities to expand and diversify its commodity trading business and potential acquisitions of direct mine investments and strategic interests. Read ››

Midas inks RMB83.5mn deal with Malaysia and Turkey rail projects

813 reads

Deals to supply 228 train cars for the Malaysia Intercity Urban Rail Project and 32 train cars for the Izmir Light Rail Transit Project in Turkey. Read ››

Lee & Man profit up 96% to HK457.5mn

965 reads

Growth is driven by Chemical Business as it capture business opportunities that arise from China’s economic growth. Read ››

Lenove third quarter profit up 25% to US100mn

461 reads

The computer manufacturer posted highest-ever market share in China of 32.2% while worldwide shipments increased 20.6%. Read ››

Hong Kong underwear ideas rub off on Shenzhen

1598 reads

Shenzhen SEZ will open up for international underwear brands, particularly from Hong Kong and Taiwan, to bring in new ideas and technology. Read ››

Midas wins 82mn renminbi high speed train deal

729 reads

Midas to supply aluminium alloy extrusion profiles, including certain fabricated parts, for 30 train sets to CNR Changchun. Read ››

Newtree Group profit down to HK$42mn

872 reads

The group’s listing on the Main Board of HKSE and access to international capital markets lays a solid foundation for the Group’s long term development. Read ››

Manufacturing sector seen to slow down in 2011

878 reads

Manufacturing is likely to slow to a single digit as easy cyclical gains from the inventory cycle fade, UBS said. Read ››

Economy strengthens with PMI at highest in 8 months

438 reads

The private sector was fed by new orders which rose to an impressive 58.7 and headline PMI which jumped to 55.0. Read ››

Yip’s Chemical to establish research and development centre in Shanghai

931 reads

Phase 1 of the company’s Zhangjiang Hi-Tech Park operation to start in the second half of next year. Read ››

Manufacturing industries' production index up by 5.4%

488 reads

Following a 2.2% y-o-y increase in the second quarter, according to the provisional results of a survey the Census & Statistics Department released today. Read ››

Vale starts trading shares on the HKSE

779 reads

Round the clock operation on HKSE targeted to boost Vale’s expansion of its business presence in Asia. Read ››

Lee & Man Paper secures HK$2.5bln five-year term loan facility

625 reads

The facility aims to further strengthen the group’s financial position for business expansion. Read ››

China Automation Group and Hang Seng launch renminbi syndicated loan

1402 reads

The Multi-Currency Transferable Term Loan Facility is comprised of a 50mln renminbi facility, a 40mln US dollar facility and a 22mln HK dollar facility. Read ››

Truly third quarter profit up 10.5% to HK$641.3mln

556 reads

The company has completed migration to higher resolution compact camera module and single to multi touch panel technology. Read ››

China Nickel Resources initiates first production line of Lianyungang project

1055 reads

The mining company unveils breakthrough in nickel refinery technology and new phase of rapid development. Read ››

Fook Woo profit up 58% to HK$169mln

656 reads

The company's unique business model drives rapid growth of revenue and profit. Read ››

IDT International profit up 7% to HK$262.9mln

505 reads

Improvements are being made to uplift production efficiency and lower the costs of production to enhance the profit margins. Read ››