Issue: August 17, 2012 (Archive)

Sunday, May 26, 2013

Print Advertising

Online Advertising

China Mobile plunge drags bourse under
China Mobile (0941) suffered its biggest one- day fall in a year, dragging the Hang Seng Index below 20,000, as interim earnings stalled and the operating margin shrank amid a price war.

Medicine offers spurt
Asian stocks were little changed yesterday in light trading, which could be due to August being a popular holiday month as well as these being very uncertain times for investors.

Stocks up in light trade amid China warning
US stocks were slightly higher in early trade yesterday, shrugging off fresh data on jobless claims and housing construction that added evidence the economy is growing steadily, if still at a slow pace.

Shanghai in payouts spur for market
The Shanghai Stock Exchange has introduced measures to encourage listed companies to increase dividend payouts - its latest effort to boost confidence in the ailing market.

SOHO plans move to holding pattern
Commercial real estate developer SOHO China (0410) said it is changing its business model from build and sell to build and hold in order to tap the long-term profitability of the mainland's rental market.

CITIC Pacific warns of delays at Aussie mine
Conglomerate CITIC Pacific (0267) said first- half net profit fell 9 percent to HK$5.48 billion, or HK$1.50 per share, from the previous year.

Jobless rate flat at 3.2pc
Hong Kong's seasonally adjusted jobless rate stayed at 3.2 percent for the May-July period, flat from the previous three- month term, the Census and Statistics Department said yesterday.

Home prices seen stabilizing
Property prices are "relatively high" and homes "barely affordable" for locals to live in, the executive director of Cheung Kong (Holdings) (0001) admitted yesterday.

Mainland FDI data lowest in two years
Last month's foreign direct investment on the mainland fell to the lowest level in two years, fueling concerns that waning confidence in the nation's growth prospects may restrain any economic rebound.

Investors like how Lenovo is chasing market leader
Lenovo Group (0992), the world's second-biggest maker of personal computers, posted a 30-percent increase in first-quarter profit as it expanded market share to almost pull even with leader Hewlett-Packard.

Brokerage Haitong sees net rise 42pc
Brokerage Haitong International Securities Group (0665) booked a 42 percent surge in net profit to HK$153.2 million, or 16.74 HK cents per share, in the first half from a year ago.

© 2013 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


	Home \| Top News \| Local \| Business \| China \| ViewPoint \| CityTalk \| World \| Sports \| People \| Central Station \| Spree \| Features The Standard Trademark and Copyright Notice: Copyright 2013, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved. Use in whole or part of this site's content is prohibited. Use of this Web site assumes acceptance of the Terms of Use, Privacy Statement and Copyright Policy. Please also read our Ethics Statement.