Issue: January 03, 2012 (Archive)

Wednesday, June 19, 2013

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Harsh winter for property market as revenue slides
Revenue from land sales in the mainland plunged 13 percent to 1.86 trillion yuan (HK$2.29 trillion) last year from 2010, amid a drop in flat prices and home transactions, the China Index Academy said in its latest report.

Prince Frog seeks Walmart charm
Child-care products maker Prince Frog International (1259) plans to use Walmart supermarkets in Shanghai and other big retailers in Guangzhou to boost sales.

Deals paramount as ads go off the rails
China 33 Media Group (8087) says it plans to boost revenues by acquiring internet firms this year.

Patience holds key to fortune in 2012
US jobs and housing data has improved recently, reducing fears of a recession engulfing the world's largest economy.

HSBC's Fung tips big surge in local yuan stock listings
Up to 15 percent of stocks on the local bourse could be denominated in yuan by 2015, according to HSBC Hong Kong CEO Anita Fung Yuen-mei.

Subdued start to year set for plants
Global manufacturing activity was subdued coming into this year, with the euro zone's industrial sector suffering its fifth straight month of declines last month and Asian factories mostly stuck in a rut.

Bonus for telecom equipment makers
China's telecom equipment providers are likely to benefit from an extension of the integrated network scheme, analysts say.

Suga sees solar inverters lighting up China exports gloom
Consumer electronics maker Suga International Holdings (0912) is confident of riding out the slowdown in mainland exports by relying on niche products.

Doubts greet tax break for `green' cars
China's latest announcement to exempt sales tax for 49 models of "green" cars is unlikely to benefit their manufacturers as the vehicles carry a high price tag, analysts said.

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