Hong Kong
Daphne International targets 15% growth in same-store sales
The projected year-on-year rise will counter increasing expenses.
Daphne International targets 15% growth in same-store sales
The projected year-on-year rise will counter increasing expenses.
Home prices likely to fall further in China
This is amidst entry of new supply prior to the peak of the sales season.
Hong Kong’s inflation may have surged to 8.6% in July
Standard Chartered says inflation will continue its seasonal uptrend from August onwards.
AsiaSat’s profit up 20% to HK$367m in 1H 2011
And turnover for the first half of the year amounted to a whopping HK$802m.
New Heritage posts first half profit at HK$6 million
Strong financial position and a balanced mix of investment and development properties as well as commercial and residential properties enable to sustain healthy development.
Dah Chong Hong profit jumps 63.5% to HK$801mn
Strong growing momentum in China contributed 72.8% of the group’s turnover.
Hopefluent profit up 27% to HK$75.5mn
The group strives to capture market opportunities and actively expand its business network in the second half of 2011.
Comtec Solar profit up 48.1% to RMB101.6mn
The company to increase the Super Mono Wafers shipment to at least 30% of its total shipments to remain profitable amid tough industry environment.
Genius Brand picks Huawei to deploy LTE network in Hong Kong
The infrastructure will deliver a better Internet surfing experience, higher resolution on streamed mobile content and improved interactivity along with other wireless applications.
HSBC to arrange Chinatex’s Hong Kong syndicated loan
The partnership of the two companies to leverage HSBC’s Greater China strength.
Lenovo Q1 profit almost doubles
Its shares however retreated almost 3%.
China Yurun Food Group interim profit up 22.9%
It amounted to HK$1.6b.
China Coal Energy expects output to reach 10m tonnes
The company will acquire mines from its parent and open new ones as well.
HKEx to potentially form JV with Shanghai and Shenzhen bourses
Hong Kong Exchanges and Clearing Ltd has agreed to enter into detailed discussions with the two stock exchanges.
Executive compensation in Hong Kong up 19% in 2010
The catch: long-term incentives remained low.
Singamas profit soars by 899.8% to US$101.9mn
Positive demand for new containers, effective cost controls and further improved production efficiency spurred profit growth.
British Airways to add three weekly Hong Kong-London services
Services to commence from March 2012 as Hong Kong is fast becoming an important stopover point en-route to Australia.
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