Shenzhen

Hong Kong's economy may soon be eclipsed by the Chinese city next door

(Sept 6): Hong Kong is on the verge of seeing its economy surpassed in size by the former fishing village Shenzhen, a role reversal long foreshadowed by China’s massive supply of cheap labor and subsidized capital.

Broker's Calls

New China developments to boost CapitaLand’s earnings this year, and beyond

SINGAPORE (July 5): Maybank Kim Eng Research is maintaining its “hold” call on property developer CapitaLand at an unchanged target price of $3.75, while noting that valuations appear fair following its strong rally in the year to date.

Results

Sino Grandness’ FY16 earnings nearly triple to $118 mil despite 4Q loss

SINGAPORE (Feb 28): Sino Grandness Food Industry saw FY16 earnings nearly triple to RMB578.2 million ($118 million) from a year ago on higher revenue and other operating income as well as lower finance costs.

RHB strategy for 2017

A better year for Keppel

SINGAPORE (Jan 12): RHB is keeping its “buy” call on Keppel Corp with a target price of $6.52 on the basis that its property and infrastructure arms, Keppel Land and Keppel Infrastructure, will continue to support the group’s earnings.

Broker's Calls

China and Vietnam will drive growth for this property group

SINGAPORE (Dec 1): CIMB is maintaining its “add” recommendation and target price of $4.17 on CapitaLand after observing healthy demand at the group’s projects in Guangzhou, Shenzhen and Vietnam.

SilkAir starts Singapore-Fuzhou route

SINGAPORE (Nov 21): Singapore Airlines’ regional airline SilkAir has launched its new flight to Fuzhou, China, the eighth Chinese city in its route network after Changsha, Chengdu, Chongqing, Kunming, Shenzhen, Wuhan and Xiamen.

Keppel wins $36 mil contract from Shenzhen Energy Environment Engineering

SINGAPORE (Oct 5): Keppel Seghers Belgium NV, a wholly-owned subsidiary of Keppel Corp division Keppel Infrastructure Holdings, on Sept 9 secured a US$26.7 million ($36 million) contract from repeat customer Shenzhen Energy Environment Engineering to prov

Watch out Singapore, Hong Kong: Shanghai top pick to become next financial hub

(Sept 28): Shanghai ranks as the top pick among the world’s cities expected to become significant global financial centres in the next few years, according to a survey of finance professionals.
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