Issue: February 11, 2009   (Archive)
Saturday, March 7, 2015   

Hotels boost for Great Eagle
Commercial property developer Great Eagle Holdings (0041) said core profit after tax rose 14.2 percent to HK$1.92 billion last year.

Flat prices still up despite cooling measures
A new round of curbs does not seem to have deterred developers from selling homes at high prices.

Hang Lung bags H&M flagship
Asia's largest H&M flagship store will open in the Hang Lung Centre, Causeway Bay, in the last quarter of this year, while Hang Lung Properties (0101) expects an overall 50-60 percent rental increase for its two upgraded shopping malls.

Good times roll for ASM
ASM Pacific Technology (0522) saw net profit almost double to HK$1.6 billion last year, with revenue and new orders hitting record highs.

HKEx earnings meet estimates
Net profit at Hong Kong Exchanges and Clearing (0388) last year rose 13 percent to HK$5.17 billion, thanks to growing trading activity, while it eyes more connections with the mainland market to further boost volumes.

Top-dollar share connection
Shares of HKBN have been priced at HK$9 the top of the range to allow stakeholders to collect HK$5.8 billion through the sale of their old shares.

Acquisition helps Prosperity
Prosperity Real Estate Investment Trust (0808) said distributable income rose 11 percent to HK$231 million last year, driven by the acquisition of a property.

Guotai Junan gains
Guotai Junan International Holdings (1788) said annual net profit jumped 49.1 percent to HK$799.8 million, thanks to the rally in A shares and economic recovery in the United States.

Pick right shares rather than guess where index is going
Yesterday, the Shanghai Composite Index fell 0.9 percent to 3,248. Since mid-December, the index moved between 3,050 and 3,400 points, awaiting good news to break through.

Alibaba buys stake
Mainland e-commerce titan Alibaba Group Holding has invested 2.4 billion yuan (HK$2.96 billion) in Beijing Enlight Media, the TV program producer said yesterday.

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