Retail
HK retail sales value increased by 28% in January 2011
HK retail sales value increased by 28% in January 2011
                                                                                                 
                        
                          	Total retail sales value rose to $37.6 billion in January, according to the Census & Statistics Department.
                    
                                        
                    
                Retail sales volumes to advance 16.2%
                                                                                                 
                        
                          	The increasing gap between value and volume growth - from 1.4% in Sep 2010 to 2.6% in December 2010, reflects growing inflationary pressure.
                    
                                        
                    
                Total retail sales up 18%
                                                                                                 
                        
                          	Last year’s total retail sales rose 18.3% in value or 15.5 per cent in volume over 2009, the Census & Statistics Department says.
                    
                                        
                    
                Total retail sales up 18.3% in 2010
                                                                                                 
                        
                          	The sales volume of miscellaneous consumer durable goods registered the highest growth.
                    
                                        
                    
                Hong Kong Resources Holdings sales up 29% to HK$537mln
                                                                                                 
                        
                          	Sales in Hong Kong and Macau markets up 56% during the said period, while sales in China increased 25%.
                    
                                        
                    
                Yardway new shares subscription raises HK$62mln
                                                                                                 
                        
                          	The move attracts prestigious funds to become shareholders & Beijing Capital (Hong Kong) to increase equity stakes as it strengthens financial...
                    
                                        
                    
                Retail sales value in Hong Kong up 21.6%
                                                                                                 
                        
                          	Continued robust sales of big-ticket items are reflective of the firm consumer sentiment.
                    
                                        
                    
                HKRH first half profit up 227% to HK$255mln
                                                                                                 
                        
                          	The company steps up growth through sales channel diversification as it opens 60 new shops during the period.
                    
                                        
                    
                New lessons for Asian retailers
                                                                                                 
                        
                          	Why do Indonesians and Chinese spend twice as long shopping at the supermarket than Japanese and Australians? According to research done by ad agency...
                    
                                        
                    
                China Rongsheng HK IPO more than 22.6 times subscribed
                                                                                                 
                        
                          	Final offer price set at HK$8 per share as trading starts 19 November 2010.
                    
                                        
                    
                IDT International’s ‘Oregon Scientific ifc Flagship Store’ opens
                                                                                                 
                        
                          	Branded Business of Oregon Scientific has diversified its product lines into Health and Wellness products.
                    
                                        
                    
                HKRH’s subsidiary invests RMB18mln in China operations headquarters
                                                                                                 
                        
                          	Collaborates with World Gold Council to launch the “Only Gold” product series in China.
                    
                                        
                    
                OOCL, Evergreen, Simatech Shipping to launch new liner service
                                                                                                 
                        
                          	Five 2,700 TEU ships to travel on Southeast Asia-India-Middle East route in a 35-day voyage.
                    
                                        
                    
                Bauhaus profit up 2.3 percentage points to 10.5%
                                                                                                 
                        
                          	Plans to open retail stores in cities within two hours distance of Beijing, Shanghai and Guangzhou
                    
                                        
                    
                Linmark returns to profit at HK$46mln in FY2010
                                                                                                 
                        
                          	The company sees recovery and growing order bookings in next months despite 52.2% decrease in FY2010 revenue.
                    
                                        
                    
                Lifestyle to build a multi-billion yuan store in Shanghai
                                                                                                 
                        
                          	Hong Kong’s top department store operator by market value is planning to open a “landmark” store in Shanghai, its second in the city.