Issue: February 11, 2009   (Archive)
Thursday, September 18, 2014   

Son takes top spot
Masayoshi Son surpassed Fast Retailing (6288) chairman Tadashi Yanai as Japan's richest person yesterday after SoftBank Corp surged 16 percent since the start of last week.

Shares hit as top pair in Ultrasonic missing
Ultrasonic, a Fujian-based footwear maker listed in Germany said most of its cash reserves in the mainland and Hong Kong have disappeared and the father-son chief executive and chief operating officer have gone missing.

Tech-savvy team wanted at AS Watson
The AS Watson Group is forming a digital team called eLab to boost business. The aim is to generate 5 percent of revenue from online sales within 18 months.

Bossini profit jumps six times as sales boom
Local apparel chain Bossini International Holdings (0592) said profit for the fiscal year ending June 30 jumped nearly six times to HK$127.10 million, as same- store sales in Hong Kong grew by a record 12 percent from the previous corresponding period.

Game maker plans $1.5b IPO
Mobile and web game developer Feiyu Technology International aims to raise up to HK$1.5 billion in a Hong Kong initial public offering by the end of this year, market sources said.

SAR climbs billionaire rankings
Hong Kong is home to 82 billionaires with a combined net worth of US$343 billion (HK$2.67 trillion) - the world's fourth city highest per capita.

You can bank on form
The rebound finally came yesterday with the Hang Seng Index recovering 1 percent after eight straight days of declines.

Brit fund manager at home in HK
Asset manager Old Mutual Global Investors will make Hong Kong its second hub after Britain, and has no real concerns over political instability in the SAR.

Cash injection to fight slowdown
China's central bank joined its European counterpart in boosting liquidity to address weakening growth, underscoring a divergence in direction among the world's biggest economies as the US reduces stimulus.

Developers factor in discounts with flats
Swire Properties has released prices for 50 units of Arezzo, its latest residential development in Mid- Levels West.

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