Issue: April 16, 2012 (Archive)

Saturday, May 25, 2013

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Momentum gathers pace for sales of new homes
New home sales picked up again at the weekend.

Two factors chart calm before the storm
A close watch should be maintained on a couple of matters that could have wide ramifications,

Miner firm on earnings data
Responding to accusations of inflated profit margins, mainland coking coal producer Shougang Fushan Resources Group (0639) reiterated its financial data was accurate and true.

Lumena to shine light on medical items
China Lumena New Materials Corp (0067) plans to raise output capacity of polyphenyline sulfide resin, or PPS resin, and focus on medical thenardite production this year to improve gross profit margin.

Loss of internet blamed on cable cut by bypass diggers
Hong Kong Telecom (6823) has blamed the contractor responsible for the Central-Wan Chai Bypass for causing a breakdown in services to 17,650 commercial and personal users on Friday by damaging cables.

Expansion in focus of media player
Outdoor digital media company Focus Media Network (8112) is looking for strategic investors to join a leveraged buyout worth at least HK$200 million of an advertising company.

Corporate bonds now good choice
China's quarterly growth was weaker than expected, a fact we've digested after latest data.

Ponte 16 owner tips success
Success Universe (0487) is to spend HK$700 million on the third phase of its Macau gambling project Ponte 16 that is expected to provide a faster payback than the previous stages.

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