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Air China profit down 26.5% to CNY5.17bn
Air China profit down 26.5% to CNY5.17bn
The airline posted passenger load factor at 84.65% up 2.21 percentage points compared with the same period in 2010.
Cheer Regal buys Sai Kung site for $719mn
The site area is about 17,940 sq. m. and is designated for hotel purposes.
Lunar New Year fair stalls to open for auctioning
1,171 wet goods stalls, 817 dry goods stalls, eight thematic stalls and 16 fast food stalls will be put up for auction.
COSCO Pacific Limited 3Q profit down 5.5%
The company’s profit for the three months ended 30 September 2011 was less than US$95m.
Waiving business registration fee possible
Other one-off measures will be looked into to relieve inflationary pressure.
Government mulls Avenue of Stars enhancement
The avenue is among the top 10 Hong Kong’s top tourist attractions.
Hong Kong’s electrical & mechanical services see turnover growth
$4.2bn revenue and 13% return rate are in line with estimates.
Technovator gets 3.18 times subscription for IPO
Final offer price has been set at HK$1.0 per share as dealings in shares start on Thursday.
Lansen inks exclusive deal with Ethypharm
Lansen will market and distribute Ethypharm’s Ketoprofen/Omeprazole SR capsules in China.
CLP subsidiary awaits approval for gas power projects in Queensland
The projects would increase the Australian state’s generation capacity by a total of more than 20%.
Flights in HK soar 6.1% to 27,695 in September
And passenger trips also rose 5.4% to 4.3 million.
Ernst & Young opens EYAcademy in Hong Kong
The program is a holistic approach to develop local undergraduates into future leaders.
CreateHK funds fashion and computer graphics exhibitions
The organization will also sponsor Business of Design Week 2011 and the Hong Kong Creative Force Pavilion.
Two maintenance term contracts up for tender
The deadline is noon on December 2.
Comtec Solar posts profit at CNY5.1mn
The company achieved profitable operation and recorded 10% gross margin in tough market.
Next Scheme $6,000 phase to start Oct 23
3.15mn registration forms had been received as at Oct 20.
September Hong Kong prices up 5.8%
During the first nine months of 2011, the Composite CPI up 5.1% a year earlier.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong