Issue: March 22, 2006   (Archive)
Wednesday, November 26, 2014   




Fake invoicing rampant to disguise black money, say analysts
The discrepancy between what China exported to Hong Kong and the SAR imported from the mainland narrowed in October but shows speculative money disguised as trade remains rampant.

Prices keep homebuyers at bay, survey finds
Fewer people are buying homes in Hong Kong despite widespread expectations that prices will rise, a series of surveys funded by Citibank has found.

Chow Tai Fook net slumps 23pc
Chow Tai Fook Jewellery Group (1929) said weak gold product sales led to a 23 percent slump in fiscal first-half profit from a year earlier.

Emperor pair suffer falls in their profits
Emperor International Holdings (0163) and Emperor Entertainment Hotel (0296) saw interim net profit to September 30 drop 26 percent and 5 percent compared to 12 months earlier.

Time for smart guys to look at A shares
Asian shares yesterday gave back some of Monday's gains triggered by China's surprise rate cut over the weekend.

Fiber optic firm eyes $1.64b
Yangtze Optical Fibre and Cable Joint Stock Limited Company opens its retail book today aimed at raising up to HK$1.64 billion in a Hong Kong initial public offering.

China rides rails to grow
China has approved construction of four railway lines worth 66.2 billion yuan (HK$83.6 billion), the country's top economic planning agency said.

HKEx set to launch metal, coal futures
Hong Kong Exchanges and Clearing (0388) will launch three metal mini futures contracts from December 1 and a planned thermal coal contract from early 2015, it said yesterday.

Citi suspends trade of warrants, callables
Citigroup Global Markets Holdings yesterday suspended trading on the local bourse of 23 derivative warrants and 81 callable bull/bear contracts, Hong Kong Exchanges and Clearing (0388) data showed.

Li lifts investment in US firm
US artificial intelligence firm Sentient Technologies raised US$103.5 million (HK$807.3 million) in new funding from current investor Li Ka-shing-held Horizon Ventures, as well as Access Industries and Tata Communications.



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