News: China Resources Enterprise Ltd (0291.HK)
14 Mar 2014
Thu, Nov 14 2013
HONG KONG, Nov 14 - Sun Art Retail Group Ltd , China's largest hypermarket chain by market capitalisation, said on Thursday net profit for the first three quarters rose 26.4 percent from a year earlier with an expanding store network helping it shrug off an economic slowdown.
HONG KONG, Nov 14 - Retail-focused conglomerate China Resources Enterprise (CRE) said on Thursday its third-quarter net profit fell 19.2 percent to HK$920 million ($118.66 million) from a HK$1.14 billion profit the same period a year ago.
* Weigao Group surges 31 pct after returning to growth in Q3
HONG KONG, Oct 30 - Tsingtao Brewery Co Ltd , the company behind China's best-known beer brand, said on Wednesday its third-quarter net profit rose 14 percent as rising beer sales and stringent cost controls helped offset higher marketing spending.
HONG KONG - Hong Kong tycoon Li Ka-shing is expected to use proceeds from what could be the world's biggest retail sector IPO to expand his health and beauty business in China - a market forecast to grow by around 40 percent to $186 billion by 2015.
HONG KONG, Oct 10 - These are some of the leading stories in Hong Kong newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.
- CP Lotus Group , a unit of Thailand's CP Group, is not involved in the potential acquisition of Hong Kong billionaire Li Ka-shing's ParkNShop supermarket business, it said on Wednesday, contradicting rumors that had lifted its shares.
* Thai billionaire teams up with Carlyle for ParkNShop bid
HONG KONG - State-backed conglomerate China Resources Enterprise Ltd is studying options for its Hong Kong meat distribution unit, including a possible sale, Bloomberg News reported.
HONG KONG, Oct 8 - State-backed conglomerate China Resources Enterprise Ltd is studying options for its Hong Kong meat distribution unit, including a possible sale, Bloomberg News reported.