Hutchinson shares still appetizing despite recent rise
Article Abstract:
Investment advisers are still recommending Hutchinson Whampoa Ltd. stocks despite the recent increase in the company's stock prices. Advisers maintain that the ascent of the company's stocks is expected to continue and will continue to outperform the Hang Seng Index even in the event of downturn. Analysts say that the company already enjoys brisk business with mainland China at a time when other companies are still seeking to enter the market and this is the reason for the company's profitability.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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China container-port business keeps Hutchison steaming ahead as other ventures tread water
Article Abstract:
Hutchison Whampoa Ltd's $931.3 million investment into China's port industry may prove to be a sound investment. The company's other major businesses are suffering from strong competition. Hutchison's Chinese port operations is expected to generate a net profit of 38 million Hong Kong dollars in 1995, compared to 8 million Hong Kong dollars in 1994. Moreover, its early entry into the Chinese market could protect the company from more stringent foreign investment laws to be imposed in the country.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Delays in dredging Hong Kong harbor may prompt ships to seek out new ports
Article Abstract:
Hong Kong's harbor face the possibility of losing a fleet of new container ships if the government fails to hasten the building of a new container terminal. Construction was delayed because of problems in dredging the shallow sea floor that forms the entrance to the port. Shipping companies that use the port have already notified port officials of their intentions to use the port facilities in Taiwan and Guangdong if the problem is not immediately solved.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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