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Tuesday, May 21, 2013

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Mixed fortunes for European bourses
07-25 23:56
European stock exchanges ended the week with mixed fortunes, with the London FTSE 100 index shedding 0.18 percent to close at 5,352.60. In Paris the ...

HSBC's Malta business feels squeeze
07-25 22:12
HSBC (0005) said its Malta business saw net profit fall to 30.1 million euro (HK$369.8 million) in the first half, down 23.1 percent compared with the same p...

Xinhua Pharmaceutical profit falls 13.9pc
07-25 21:39
Shandong Xinhua Pharmaceutical (0719) reported a fall in net profit to 16.47 million yuan (HK$18.81 million) for the first half this year, down 13.9 percen...

Yanzhou Coal ups profit forecast
07-25 21:34
Yanzhou Coal (1171) has revised up it first-half net profit forecast, saying it will likely be more than triple that for the same period last year due to rising c...

Jiangsu Expressway bond issue
07-25 20:29
Toll-road operator Jiangsu Expressway (0177) has set the coupon rate on its 1.1 billion yuan (HK$1.26 billion) corporate bond at 5.4 percent annually with a th...

Value Partners off the money
07-25 20:23
Value Partners (0806) said its unaudited assets under management have decreased to about US$5.8 billion (HK$45.2 billion), as of June 30, down US$600 mill...

Guangdong Shipyard to boost capacity with 3b yuan deal
07-25 20:14
Tanker maker Guangdong Shipyard International (0317) has agreed to purchase Guangzhou Wenchong Shipbuilding from parent China State Shipbuilding Corp for...

No deal on Shaw stake
07-25 19:16
Shaw Brothers (0080) confirmed that the controlling shareholder in the company, Shaw Holdings, has been in discussions with interested parties regarding a possi...

New mortgage drawdowns fall 3.1pc
07-25 19:09
New mortgage loans drawn down last month fell by 3.1 percent, to HK$16.7 billion, compared with May, according to the Hong Kong Monetary Authority's monthly...

Airlines get nod to boost fuel surcharges
07-25 18:39
Nine airlines including Cathay Pacific (0293), Dragonair and Singapore Airlines have won approval to hike fuel surcharges by as much as 35 percent. F...

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