Manufacturing
Lenovo president Rory Read named CEO of AMD
The PC maker has no immediate plans to name a Read’s replacement.
Lenovo president Rory Read named CEO of AMD
The PC maker has no immediate plans to name a Read’s replacement.
China Metal Recycling profit up 148.5% to HK$1bn
Credit tightening in China provided a favorable business environment to the company as weaker rivals faces financing difficulties.
Man Yue Technology profit up 40.2% to HK$74mn
The company’s ESS unit eyed to take off and contribute revenue starting next year.
Chemical unit of Yip’s Chemical among top 20 global ink companies
Bauhinia Variegata Ink is the first Chinese ink company to be chosen among international leaders.
Tongda Group profit up 18.1% to HK$102.12mn
The group maintains stable sales and profit growth amid global economic instability and aftermath of Japan earthquake.
Telefield first half profit down slightly to HK$27mn
Yet revenue climbed 21.8% to HK$598.4mn with new products in the pipeline to drive future growth.
Dah Chong Hong profit jumps 63.5% to HK$801mn
Strong growing momentum in China contributed 72.8% of the group’s turnover.
Lenovo Q1 profit almost doubles
Its shares however retreated almost 3%.
Royale Furniture profit up 50.8% to HK$90.5mn
Unique growth strategies and expansion plans boosted revenue and profit growth.
China Wireless first half profit down to HK$119mn
Despite 44.0% rise in turnover, the group’s “Coolpad” 3G smartphones in the mid- to low-end market in China faced tough competition.
China Resources Cement profit up 236.8% to HK$2.04bn
The company extended the Company’s geographical coverage from Southern China to Shanxi and Inner Mongolia through acquisitions.
Valuetronics profit up 9.5% to HK$31.6mn
The group will continue its efforts in business development to enrich its customer base and product portfolio amidst uncertain times.
China Rongsheng Heavy Industries seals US$220mn loan from Credit Agricole
The company expands capital channel overseas while fending off rising CNY exchange rate risk.
Ming Fung Jewellery joins forces with L Capital
The move aims to bring synergies and enhances competitive edge for expansion in Greater China.
AAC Technologies engages in Li-ion batteries technologies
The move will enable the company to develop new products having higher energy density and a longer life cycle.
L.K. Technology inks HK$475mn syndicated loan facility
The group received strong vote of confidence from 13 respected international and local lenders.
Sustainable Forest takes over New Oasis
New Oasis’ contracts on hand for distribution and installation of flooring and wood products to large scale property developers totaled RMB120mn.
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