361 Degrees International (1361 HK) has recorded a net profit of 357 million yuan for the six months ended December 31 in 2009, jumping 177 per cent compared with a year earlier. Earnings per share were 0.173 yuan. An interim dividend of 4.9 HK cents per share was declared. (Sing Tao Finance B3)
Air China Ltd (753 HK) said it has entered into an agreement to buy 20 Airbus 320 series aircraft. The combined price for the airplanes is HK$1.63 billion and the airline received significant price concessions. (China Daily Hong Kong Edition P. 15)
Champion REIT (2778 HK) has posted a total revenue of HK$2.035 billion for the year ended December 31 in 2009, surging 26 per cent year-on-year. A final distribution per unit was 13.13 HK cents, dropping 5.8 per cent compared with a year ago. (Sing Tao Finance B2)
China Merchants Bank (3968 HK) has agreed to conduct the rights issue on the basis of 1.3 rights shares for every 10 shares held by shareholders. The rights shares worth HK$2.48 billion A and H shares. (Hong Kong Economic Times A8)
China Mobile (941 HK) said the number of its newly-subscribed 3G user rose to 3.90 million in January. The net addition of customers amounts to 5.12 million last month and the total number of customers reaches 527 million. (Hong Kong Economic Journal P5)
CRV Guangzhou, a wholly-subsidiary of China Resources Enterprise (291 HK), has agreed to acquire the entire equity interest in Hefei Shen Guo Tou Commercial Property Co., Ltd. for 180 million yuan, including certain designated liabilities of the latter. (Sing Tao Finance B3)
CSAHC (1055 HK) announced that its parent has injected 1.5 billion yuan into the company so to support its principal aviation business development. (Hong Kong Economic Times A9)
China Telecom (728 HK) announced that it had a net addition of 3.05 million CDMA mobile-phone subscribers in January, after a net addition of 3.1 million subscribers in the prior month. By the end of January, the CDMA subscriber number stood at 59.14 million. (Hong Kong Economic Times A8)
China Unicom (762 HK), the nation’s No. 2 mobile carrier, said number of new subscriber of 3G services for January amounted to 0.85 million, lower than the 0.92 million in December. (Hong Kong Economic Times A8)
China Vanadium Titano-Magnetite Mining (893 HK) has recorded a net profit of 328 million yuan for the year ended December 31 in 2009, rising 32 per cent compared with a year ago. Earnings per share were 0.2 yuan. No dividend was declared. (Sing Tao Finance B3)
Hua Han Bio-Pharmaceutical (587 HK) said its net profit for the six months ended December 31 in 2009 was HK$102 million, rising 27 per cent year-on-year. Earnings per share were 7.7 HK cents. No dividend was declared. (Sing Tao Finance B3)
Parkson Retail Group (3368 HK) has posted a net profit of 910 million yuan for the year ended December 2009, edging up 8.3 per cent year-on-year. Earnings per share were 0.325 yuan. A final dividend of 0.1 yuan per share was declared. (Sing Tao Finance B3)
Ping An Insurance (Group) Co (2318 HK) of China, the country’s second-largest insurer, said there will be 39.7 billion worth locked-up A shares unlocked next month. Some shareholders have informed Ping An that they will sell their stake through secondary market in five years’ time. (Hong Kong Economic Times A8)
Poly (Hong Kong) Investments (119 HK) has recorded a net profit of HK$662 million for the year ended December 31 in 2009, rocketing 200 per cent year-on-year. Earnings per share were 30 HK cents. A final dividend of 4.4 HK cents per share was declared. (Sing Tao Finance B2)
Tsingtao Brewery (168 HK) said it expects its net profit for 2009 to increase between 75 per cent and 85 per cent comparing with the corresponding period last year. The company earned about 700 million yuan for 2008. (Sing Tao Finance B3)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
