Chinese stimulus plan – defend and spend
Don’t burst the bubble…
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
Kerry Logistics is to move into regional express deliveries and has secured a number of Chinese courier licences – “a tedious process”, according to the company. During the next six months it will start pilot projects in the major cities of Shanghai, Beijing, Shenzhen and Guangzhou. The news came on the back of its results announcement, which revealed a 10% growth in profits for 2014, on revenues of $2.7bn. This article comes courtesy of JOC – if you are unable to access it, you can read Kerry’s results here.
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