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Stock Quote Profile
Stock Quote Profile
Decathlon sets sights on ‘sports friendly’ New Territories with new branches
Hong Kong was merely considered a pilot scheme for Decathlon, but four years later it finds itself opening branches six and seven, with an eighth already in the works.
4 May 2021 - 10:46PM
Hong Kong IPOs skyrocket in record-breaking first quarter
30 Mar 2021 - 12:38PM
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Bilibili eyes content diversity to double user base
29 Mar 2021 - 4:44PM
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Companies
Sell-off erases US$28 billion in market cap of top e-cigarette players
Share of Smoore International, the world’s largest e-cigarette maker, plummeted in Hong Kong following peer’s slide on Wall Street.
23 Mar 2021 - 1:22PM
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A man walks past a no smoking sign in Beijing. China, which has around 300 million smokers, is considered the world’s largest market for tobacco products. Photo: AFP
Companies
Cathie Wood expects Tesla’s shares to hit US$3,000 by 2025
According to Ark Invest Management’s new model, in the best case scenario, Tesla could reach US$4,000 per share in 2025, and in the bear case, US$1,500.
21 Mar 2021 - 1:55PM
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Stock Quote Profile
China’s hungry young professionals are driving a restaurant boom
China’s restaurant sector is enjoying breakneck growth and could soon overtake the US as the world’s biggest market.
15 Sep 2019 - 10:56PM
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Stock Quote Profile
Investor eyes banks after making 785 per cent on Kweichow Moutai
Dong Baozhen’s flagship fund has handily beaten the Shanghai Composite Index’s 14 per cent gain by owing just one stock.
17 Jul 2019 - 9:32AM
China Business
One man’s downfall imperils a huge Chinese business, yet again
Latest scandal involving Wang Zhenhua, the controlling shareholder of Future Land, shows how investors end up paying a heavy price for the mistakes of executives synonymous with their companies.
5 Jul 2019 - 10:53PM
Wang Zhenhua, chairman of Future Land Development Holdings, briefs the media on their global offering press conference, in Hong Kong on November 18, 2012. Photo: Edward Wong
Stock Quote Profile
L’Occitane’s profit jumps 22 per cent, beats expectations
US, Russia and China were the fastest-growing markets for L’Occitane.
17 Jun 2019 - 10:41PM
Companies
Kweichow Moutai pours confidence back into shaken investors
Investors were incensed in early May when it became known that the fiery liquor maker’s state-owned parent China Kweichow Moutai Winery Group had set up a wholly-owned unit to sell some of Moutai’s liquor. But a recent shareholder meeting seemed to reassure many investors.
2 Jun 2019 - 9:46PM
Companies
Biotech firm’s business model proves a hit with investors
Not only is the firm profit-making, but its investment in potential drug candidates has made it attractive to investors, says Louis Tse Ming Kwong, managing director of VC Asset Management
13 May 2019 - 9:50PM
Companies
Tencent to grant directors powers to buy back 10pc of shares
Buy-back will spur a rally in Tencent’s stock price as it shows the management is confident in the company’s fundamentals, says Norman Hui, analyst with Zhongtai International Securities
2 Apr 2019 - 3:32PM
Tencent Holdings’ shares have jumped alongside a rising market. Photo: Chua Kong Ho
Companies
Tycoon Gordon Wu’s US$2.7b Hopewell privatisation approved
Privatisation will bring an end to the company’s 47-year listing on Hong Kong stock exchange
21 Mar 2019 - 10:51PM
Stock Quote Profile
Li & Fung cuts China’s role in supply chain as labour costs rise
Hong Kong giant reported a 20 per cent year on year decline in core operating profit to US$285 million, but above consensus estimate of US$270 million
21 Mar 2019 - 10:51PM
Companies
Hong Kong’s dominant broadcaster TVB loses US$25.3m for 2018
Company forecasts a challenging year ahead in Hong Kong, but expects a boost from its mainland China expansion.
21 Mar 2019 - 2:47AM
Hong Kong & China
Hong Kong’s retail sales depend on trade war outcome: Times Square owner
5 Mar 2019 - 10:38PM
Wharf REIC owns the Times Square (above) and Harbour City shopping malls in Hong Kong. Photo: Dickson Lee
Companies
Snap’s steady user base sends shares soaring 20pc
6 Feb 2019 - 1:12PM
Stock Talk
Chinese builders come under severe selling pressure in Hong Kong
Chinese property developers in Hong Kong came under severe selling pressure, with the shares of two builders sinking by as much as 80 per cent in late trading on Thursday.
18 Jan 2019 - 10:18AM
Companies
Geely shares skid as sales miss target, warns of dire 2019
8 Jan 2019 - 10:34PM
Companies
Cafe de Coral beats forecasts, serves up 16pc rise in first-half profit
But minimum wage increase set to take effect next year may weigh on profitability.
26 Nov 2018 - 9:29PM
Cafe de Coral is Hong Kong’s largest fast food chain with 463 outlets. Photo: Nora Tam
Companies
Apple suppliers, stocks recover in Hong Kong after initial declines
The Hong Kong-listed suppliers of Apple recovered in afternoon trading on Tuesday, following a drop in morning trading.
13 Nov 2018 - 10:39PM
Companies
I-Cable’s US$88 million rights offer dampens mood, shares sink 30pc
12 Nov 2018 - 11:03PM
IPO Quote Profile
Macau casino firm Studio City takes US$359m in US listing
Float could prove fillip for city’s flagging gaming industry, after being beset by increased government scrutiny, potential economic fallout of China-US trade tensions and Typhoon Mangkhut
16 Jan 2019 - 12:03PM
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