Hong Kong
Hopefluent profit up 27% to HK$75.5mn
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.
Royale Furniture profit up 50.8% to HK$90.5mn
Unique growth strategies and expansion plans boosted revenue and profit growth.
Cathay Pacific and Dragonair July passengers up 1.6% to 2.52mn
Yet the two airlines cargo and mail load dropped 11% to 140,050 tonnes.
Hong Kong likely to lose Manchester United IPO
The team is now reportedly setting its eyes on Singapore for its $1b initial public offering.
Guoco Group raises stake in Bank of East Asia
It bought 1.4 million shares for about HK$40.12 million.
Country Garden Holdings interim profit up over 62%
The real estate developer plans speeding up land acquisition.
20b yuan quota pledged for investors
The quota pledged by Vice Premier Li Keqiang aims to support Hong Kong companies investing in securities in China.
Commentary
Strategic location tips for playgroups and education centres