Issue: May 10, 2006   (Archive)
Wednesday, July 29, 2015   

Belle feels pinch
Female footwear maker and retailer Belle International (1880) said business this year is even worse than during the Occupy Movement due to the weak local retail market.

HSBC mulls exit risk
HSBC (0005) is measuring the potential loss of being ejected from London's benchmark FTSE 100 index of major blue-chip companies if it moves its headquarters back to Hong Kong, Sky News reported yesterday.

Worst is over, now it's time for some fast food
The 8 percent dive in the Shanghai Composite Index on Monday was just a ripple of the big correction that took place earlier this month.

Xinyi mulls Hong Kong unit spin-off
Mainland glass maker Xinyi Glass Holdings (0868) said it is considering spinning off its Hong Kong automobile glass retail business on the growth enterprise market.

SHKP wins bid to develop Urban Renewal site
Sun Hung Kai Properties (0016) outbid 19 developers to win a site under the Urban Renewal Authority at Ma Tau Kok to provide 160 residential units.

Property boom fuels license race
The Estate Agents Authority saw the number of applications for licenses jump more than 20 percent in the first half amid sizzling sales, while total complaints fell 27 percent to 135 cases.

Latest iBonds tipped to tap 'strongest demand'
The fifth batch of the government's inflation- linked bonds stops taking orders today as the number of subscribers is expected to hit a record high amid the turmoil in the stock market, which has kept many retail investors away from a prime IPO candidate.

LME gets nod on offshore yuan
The London Metal Exchange's clearing house will from next Tuesday accept offshore yuan as cash collateral, a step that will advance China's ambition to see its currency used more widely in international trade.

DBS first-half net hits record high
DBS Hong Kong saw net profit for the first half jump to a record high of HK$3.2 billion, up 11 percent from a year back, thanks to higher net interest margin and the strong growth of non-interest income.

Dash for cash amid market turmoil
China Railway Signal & Communication opens the retail book today for an initial public offering worth up to HK$14 billion despite ongoing turmoil in mainland stocks.

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