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Issue: August 07, 2008 (Archive)

Thursday, June 20, 2013

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Listing hopeful sued for `breach of contract'
Listing candidate Sinosoft Technology Group is being sued by a former joint venture partner over alleged breach of contract and intellectual property rights.

Property tax hits Shenzhen, Beijing
A property tax will be levied on those who buy new residential properties in Beijing and Shenzhen, with secondary market transactions exempted, China Securities Journal reported.

Shelf firm goes for HK$1.32b
Another Hong Kong listed firm has been sold to a mainland developer for about HK$1.32 billion.

Property curbs have hit target says top adviser
The Hong Kong home market does not need further curbs as measures imposed so far have been effective, a senior government adviser said yesterday.

PCCW rolls out 80GB plan
In a bid seen by some as trying to skirt the ban on offering "unlimited plans," PCCW launched a scheme yesterday offering mobile customers 80 gigabytes of data per month along with unlimited local calling for HK$498.

Taiwan firm eyes Huiyuan Shanghai unit
China Huiyuan Juice Group (1886) said it is in talks to sell its Shanghai unit to Uni-President China Holdings (0220), a subsidiary of Taiwan's largest food conglomerate.

Mainland cash crunch sparks swap high as PBOC holds back
The mainland's one-year interest-rate swap rose by the most in five years as the central bank refrained from adding funds to the financial system to ease a cash squeeze, causing demand to fall at a government debt auction.

Trim your portfolio amid uncertainty
Despite overnight gains on Wall Street, local and mainland stock markets remained weak yesterday.

Jobless rate eases as demand seen to hold
The local jobless rate eased slightly as the number of employed rose to a new high.

Jeweler loses glitter
Chow Tai Fook Jewellery Group (1929), the world's largest jewelry retailer, recorded a 13.2percent decrease in earnings in the year ending March, mainly due to weak margins and rising costs.

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