TENCENT TO BECOME NBA'S EXCLUSIVE ONLINE PARTNER IN CHINA
Tencent Holdings Ltd. said it has agreed to become The National
Basketball Association's exclusive online partner in China, the
latest in a series of alliances aimed at beefing up its online
offerings of entertainment for Chinese Internet users. (published
0100 GMT)
CANADIAN OIL SANDS TO FURTHER SLASH DIVIDEND AND SPENDING -- UPDATE
Canadian Oil Sands Ltd. said Thursday it would further slash its
dividend and capital spending budget in response to the sharp drop
in oil prices and a rising debt load. (published 0025 GMT)
BOC HONG KONG: REVIEWING BUSINESS FOR POTENTIAL BANKING ASSET DISPOSAL
BOC Hong Kong, which is controlled by Bank of China Ltd.,
confirmed it is conducting a feasibility study to review its
businesses and assets which may lead to the disposal of certain
banking assets. (published 0032 GMT)
CHINA SHIPPING CONTAINER LINES: EXPECTS TO SWING TO 2014 NET PROFIT
China Shipping Container Lines Co. Ltd., a marine shipping
company based in Shanghai, said Thursday it expects to swing to net
profit for 2014 helped by effective cost control and improving
shipping routes as well as the expansion of international
cooperation. (published 0054 GMT)
VINDA INTERNATIONAL HOLDINGS: 2014 REVENUE UP 17.5% ON YEAR TO HK$7.99 BLN
Vinda International Holdings Ltd. said Friday its revenues in
2014 rose 17.5% to 7.99 billion Hong Kong dollars and that its
gross profit jumped 22.2% to HK$2.41 billion. (published 0137
GMT)