Retail
Hutchison's 1H2014 growth support A3 ratings: Moody's
Continued gradual improvement in credit profile seen.
Hutchison's 1H2014 growth support A3 ratings: Moody's
Continued gradual improvement in credit profile seen.
Prime street shop leasing market hurt by sluggish luxury retail sales
Capping any short-term potential rental growth.
Hong Kong retail sales dropped 6.9% y/y in June
Moderating visitor arrival growth might have contributed.
High time for retail sales to make cyclical bounce in 2H14
This follows 2Q14's plunge.
Sunny forecast for Sunny Optical with sales and EPS to rise 29% and 31% YoY
Thanks to increase in Chinese smartphone demand.
GCL-Poly Energy announces net profit expectations of around $800m in 1H14
It's banking partly on management standard enhancement.
Country Garden banks on September and October for strong sales
July sales could possibly be flat.
Luk Fook Holdings suffered sluggish same-store sales in 1QFY15
Forecast was right on the mark.
2015 opens window of opportunities for retailers and landlords
Due to more sustainable retail sales levels.
Overall prime high street retail dropped 0.3% in 2Q14
First quarterly decline since end-2008.
Weak growth in Hong Kong pushes Sa Sa to shut down 6 stores
Mostly will be from China.
Chinese tourists' evolving consumption pattern hurts Hong Kong retail market
They're chasing affordable products now.
China's HDT sales down 19% y/y in June
Decline also expected in July and August.
Barclays cuts estimates for 2014-2016 earnings of Li & Fung
Partly due to unveiled Three Year Plan.
Retail sales drop 4.1% y/y in May
Decline in jewellery sales to blame.
Sunny Optical Q3 momentum may potentially slow
Uncertainties could dampen the sunny outlook.
Gem-sets segment growth in China push bullish outlook for Chow Tai Fook
The company has a significant competitive advantage.