Hongkong Post innovates to boost revenue
2012-11-16 09:35:00
Hongkong Post is facing tough times as fewer people are writing to each other as in the past, and more people are turning to the Internet for their correspondences.
Sa Sa posts 25% H1 net rise
2012-11-16 09:26:18
Sa Sa International Holdings Ltd, Hong Kong's biggest cosmetics retailer, said first-half net profit rose 25.7 percent driven by increases of same-day in-town mainland tourists.
Li & Fung expects higher profit growth in 2013
2012-11-16 09:24:34
Li & Fung Group Limited expected profit growth in the second half of 2012 to be better than the first half, forecasting 2013 to be even better than this year.
Zhuhai Hanxing buys US' Glasair Aviation
2012-11-15 17:05:04
Zhuhai Hanxing General Aviation Co Ltd has become the first privately-owned Chinese company to buy a US aircraft builder, after completing the 100 percent takeover of Glasair Aviation LLC.
NetEase profit drops as expenses surge
2012-11-15 16:46:11
NetEase Inc said on Thursday that its net profit decreased 1.7 percent in the third quarter to 812 million yuan ($130.3 million).
Airbus plans on biofuel-testing flight in China
2012-11-15 16:43:26
European Aeronautic Defence and Space Company NV has signed a Memorandum of Understanding with ENN Group to work together on technology to derive biofuel from algae.
Maersk to boost cooperation with Qingdao port
2012-11-15 16:42:10
Maersk Line, the shipping unit of the Danish AP-Moller Maersk shipping conglomerate, will strengthen its cooperation with East China's Qingdao port.
China companies accelerate overseas investments
2012-11-15 14:57:46
Recent data by China's Ministry of Commerce shows Chinese companies have accelerated their investments overseas during the past ten years.
Airbus teams up with Chinese firm to make green fuel
2012-11-15 14:39:04
Airbus on Wednesday signed a deal with Chinese biofuel producer ENN to jointly explore an alternative fuel for the aviation industry.
Asiana Airlines shares code with Air Macau
2012-11-15 13:19:13
Asiana Airlines, South Korea's No 2 air carrier, said it has signed a deal for code- sharing services with Air Macau.
Ex-Esprit chief ups company stake
2012-11-15 11:07:16
A former senior executive of Esprit Holdings Ltd paid HK$271 million ($35 million) to increase his holding in the fashion retailer to 5.99 percent.
Bally pushes ahead with China expansion
2012-11-15 11:03:07
Bally expects its double-digit sales growth in China to continue in the coming years, as the international luxury leather-goods brand plans to open flagship stores in Beijing and Shanghai soon.