iKang Healthcare Group, Inc., the China’s largest and fastest growing provider in private preventive healthcare services, has announced its annual results for FY-2014-15. The results shows Annual Net revenues were US$42.4 million Rise of 43.5% YoY, and Gross profit up by 35.4% to US$8.0 million. View the full earnings release here.
Earnings: iKANG revenues Up $KANG Read More »
Asian stock markets closed lower (except Japan) as we begin a new week with disappointing economic data from China. Chinese industrial production growth slowed slightly from 9.9% from 10.3% in December but inflation jumped to 3.2% year over year in February compared to just 2% previously. Hong Kong was flat, China down 0.3%, India flat
Chinese Economic Data Damper Asian Markets, Europe Flat to Down Read More »
Chinese shares fell 1% in overnight trading as Japanese and Indian markets were flat with rise 0.3% each. European markets remain flat as investors wait for Mario Draghi speech this afternoon on EU Central bank policy. Highlights from Europe for today include: The Bank of England left its benchmark lending rate at 0.5%. German factory orders unexpectedly fall 1.9% in January
Chinese Markets Down 1%, Japanese and European Markets Trade Sideways Read More »
Asian stock markets move up sharply after the relatively stable performance in the US markets yesterday. China +2.3%, India +1.3%, Japan +0.3%, and Hong Kong +0.1%. European shares also follow suit with London up 1.0%, Paris +1.5%, and Frankfurt +1.4%. EU composite output PMI continues to trend lower with reading of 47.9 vs 48.6 in
Asian Markets Bounce Back, Europe Moves Higher Read More »
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