Issue: May 10, 2006   (Archive)
Thursday, April 24, 2014   




Pork giant set to debut May 8
WH Group extended the retail bookbuilding period for its local listing for a week, taking it to Tuesday, and delayed its trading debut to May 8.

Focus on very best
A bullish stock market needs liquidity and investor confidence. Unfortunately, both are lacking now.

Gome tips twofold profit rise
Gome Electrical Appliances (0493) expects its net profit in the first quarter to jump more than twofold from a year back, thanks to improved operational capability.

China Resources gets new boss
China Resources (Holdings) appointed Fu Yuning as chairman with immediate effect, replacing Song Lin, who is being investigated by mainland authorities.

Emerging markets look good to central banks
Four out of five official institutions, including leading central banks, are seeking to invest in emerging markets and hedge funds, a survey by State Street Corporation and FT Remark has found .

Funds body unfazed by `through train'
The Hong Kong Investment Funds Association says the Shanghai-Hong Kong "through train" won't stop mainland visitors from buying funds in the SAR, as there is still large room for growth.

`Largest' Tseun Wan project set for launch
City Point at Tsuen Wan West, jointly developed by Cheung Kong Holdings (0001) and Nan Fung Development, will be launched within a week.

Wharf on pace in Chengdu
Wharf Holdings (0004) has joined mainland developers in responding to tight liquidity and restrictions on housing deals by cutting prices at a residential project in Chengdu by up to 45 percent, or 5,000 yuan (HK$6,212) per square meter.

Ho takes control of Russia casino
Summit Ascent (0102), backed by gambling mogul Lawrence Ho Yau-lung, is to spend HK$157 million to raise its stake in a Russian casino-resort project to 60 percent.

Yuan tumbles on bleak factory output
The yuan touched the weakest level in 16 months after a private report showed the nation's factory output is still contracting.



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