Issue: March 21, 2012 (Archive)

Thursday, May 23, 2013

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Hutch gets smart in helping ring in 4G revolution
Hutchison Telecom Hong Kong (0215) plans to launch fourth-generation mobile services in the first half when more 4G-ready handsets become available in the market.

Keep faith in dividend yield amid doldrums
News of UPS acquiring TNT Express and the US$10 billion (HK$77.6 billion) share repurchase program by Apple Inc did not cause a ripple in the US stock market.

Looser yuan regime seen emerging
High level signals are indicating a move towards a more freely traded yuan and the opening up of the capital account.

Retailers tap China bonanza
Footware retailer Belle International Holdings (1880) said earnings rose 24 percent to 4.25 billion yuan (HK$5.22 billion) last year. But it halved the final dividend of 8 fen, compared with 16 fen in 2010.

R&F Properties mulls 10pc cut
Guangzhou R&F Properties (2777) intends to cut sales prices by 10 percent this year if margins stay stable.

Broker back on road next week
China's second-largest brokerage, Haitong Securities, will resume the roadshow for its H-share initial public offering next week after shelving its HK$11.6-billion float last year.

Tours lift Miramar as Regal takes hit
Miramar Hotel and Investment (0071) said underlying profit rose 8.7 percent to HK$411 million last year, largely thanks to record visitor arrivals to Hong Kong.

No pain means no gain on iPhone sales
China Telecom (0728) expects the launch of Apple's iPhone to pay off from 2013, but the smallest of the mainland's three telco giants has to absorb short-term pressure on its bottom line this year.

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