Issue: May 10, 2006   (Archive)
Sunday, July 5, 2015   




Shape profit soars 160pc on beauty package sales
Local beauty chain Perfect Shape Holdings (1830) saw prepaid package sales in Hong Kong and Macau soar 97 percent and 155 percent respectively during the first quarter from a year back, while in China they rose a mere 2 percent.

Tai Po site may lure - aggressive bids
MTR Corporation Limted (0066) yesterday started to entertain developers' interest in its West Rail Yuen Long Station parcel after the government announced early this week its July-to- September land sales program.

Sincere Company confident of turnaround
The Sincere Company (0244) expects its retail performance will improve in July as more new initiatives are introduced, despite a fall in the previous few months.

Sino cashes in on cheap land
Sino Land (0083) stands to pocket fat margins amid a boisterous luxury housing market as it prepares to launch a deluxe Mid-Levels West project within this quarter.

Greece's fate riding on the people's will
As Greeks head to a referendum on Sunday that could decide its future in the euro zone, long queues at cash machines have become the most potent symbol of the cost of the deadlock between the left-wing government and its international lenders.

Weak US job data puts spoke in rate hike
US job growth slowed in June and Americans left the labor force in droves, according to a government report out yesterday that could temper expectations for a September interest rate hike from the Federal Reserve.

MPF return slips in June
The monthly return of the Mandatory Provident Fund overall fell 2.62 percent last month, marking a loss for the second straight month, according to a report issued by data provider Lipper. China equity funds were the most disappointing.

Football club plans IPO
Evergrande Taobao, the football team co-owned by Alibaba Group Holding and property firm Evergrande Real Estate Group (3333), could become the first club listed in Asia after it filed an initial public offering application in China.

Fund houses look to sell products up north -
Six fund houses have applied to sell a total of 11 products in the mainland, with Bank of China (3988) asset management arms, JP Morgan Asset Management, Invesco and Schroders among the first to submit applications.

Gray market mixed for listing hopefuls
The gray market brought mixed fortunes to the three companies making their listing debut today, with Man King Holdings (2193) breaking the record of the year.



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