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China Coal Energy expects output to reach 10m tonnes
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.
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.
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.
China Wireless first half profit down to HK$119mn
Despite 44.0% rise in turnover, the group’s “Coolpad” 3G smartphones in the mid- to low-end market in China faced tough competition.
Comba Telecom opens Mexico City office
The move is part of the company’s expansion in Latin American markets.
China Resources Cement profit up 236.8% to HK$2.04bn
The company extended the Company’s geographical coverage from Southern China to Shanxi and Inner Mongolia through acquisitions.
CITIC Telecom profit up 30% to HK$233.8mn
All of the company’s business segments sustain growth behind active product innovation.
Air China July passenger traffic up 6.7%
The airline acquires six new aircrafts to address its cargo capacity, which dropped 0.8%.
Hua Xia Healthcare revenue up 13% to HK$390mn
The company continues to grow general hospital operations and pharmaceutical distribution and retail units.
Valuetronics profit up 9.5% to HK$31.6mn
The group will continue its efforts in business development to enrich its customer base and product portfolio amidst uncertain times.
Exchange Fund foreign assets reach over $2 trillion
That’s an $8.6 billion increase in June.
Ajisen resumes trading 15 August
The company was previously suspended from trading on the Hong Kong Stock Exchange amidst government investigation.
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