Issue: November 08, 2010   (Archive)
Friday, November 28, 2014   

Dickson posts $133m loss
High-fashion retailer and distributor Dickson Concepts (International) (0113) lost HK$133.38 million for the six months to September 30 due to slowing sales in Hong Kong, the mainland and Singapore.

Pokka plans China expansion
Shanghai-based restaurant chain operator Xiao Nan Guo Restaurants Holdings (3666) will buy 65 percent of Pokka Corp (HK) for HK$195 million, in line with its multi-brand strategy.

Profit-taking dents HSI
Hong Kong shares finished 107 points lower yesterday as investors took profit after recent rallies and ahead of the US Thanksgiving day.

Foreign funds shun train
More than half of the funds available in Hong Kong have yet to acquire A-shares via the Shanghai-Hong Kong Stock Connect as many of them are domiciled in Luxembourg, where regulators are worried that investors are not adequately protected under the linkup.

Mixed bag of results for IPO entrants
EGL Holdings Co Ltd (6882) and China Maple Leaf Educational Systems (1317) start trading today to raise HK$115 million and HK$866 million, respectively.

Far East goes south
Far East Consortium International (0035) is banking on a potential project in Australia mixing homes, hotels and casinos to re-make the company.

Cheung Sha Wan flats go on sale
The Hong Kong Housing Society will charge at least HK$4.68 million for the smallest flat at its Cheung Sha Wan project, Heya Delight

Euro funds on hold
Concerns by a European watchdog that the stock connect may not adequately protect investors are preventing thousands of funds from buying Shanghai stocks.

Fears of delay to Shenzhen link
Hong Kong's plans to link up with the Shenzhen Stock Exchange may be delayed due to the huge imbalance between northbound and southbound trading of the Stock Connect, according to an equities analyst.

Upbeat prospects as tensions ease
Occupy Central will soon come to a stop as the police have already cleared the Mong Kok protest site and arrested top student leaders. Despite street clashes, the situation is now under control.

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