Sunday, September 6, 2015   

Hutchison, Cheung Kong profits soar
(07-31 16:59)

Cheung Kong Holdings (0001) saw its net profit soared 59 percent in the first six months of the year to HK$21.35 billion from a year ago, beating market's expectation.
The flagship of local tycoon Li Ka-shing is giving an interim dividend and a special one totaling HK$7.638. Li said local property sales improved but businesses in the mainland contributed less than expected. Meanwhile, Hutchison Whampoa (0013) recorded a 130-percent surge in net profit to HK$28.44 billion over the same period. The group declared an interim and special dividend with a total of HK$7.66.   
Other Business breaking news:
European stocks fall sharply (09-04 22:05)
Canada jobless ranks grow (09-04 22:02)
US stocks fall (09-04 22:01)
US jobless rate drops to 5.1pc, employers add 173,000 jobs (09-04 21:12)
Sunevision posts HK$587m profit, data center lifts revenue (09-04 20:53)
Hang Seng closes in the red (09-04 17:01)
China’s HNA Group unit pays US$31 a share for jet lessor Avolon (09-04 13:27)
Hang Seng lower at break (09-04 13:21)
Asia oil prices drop (09-04 12:09)
Regional markets drop, HK climbs (09-04 11:38)

More breaking news >>

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