Skyworth Digital Holdings Limited
HKG:0751 ISIN:BMG8181C1001
Skyworth Digital Holdings Limited (HKG:0751) is an investment holding company. The principal activities of the Company’s principal subsidiaries and jointly controlled entities are the manufacture and sales of consumer electronic products and upstream accessories, and property holding. The Company operates in four segments: television products, which is engaged in the design, manufacture and sale of televisions; digital set-top boxes, which is engaged in the design, manufacture and sale of digital set-top boxes; other electronic products, which include design, manufacture and sale of other products mainly relate to electronics, and property holding, which is engaged in leasing of property. Some of its subsidiaries include Skyworth Holdings Limited, Skyworth Enterprises Limited, Skyworth Digital Group Limited, Skyworth TV Holdings Limited and Shenzhen Chuangwei-RGB Electronics Co., Ltd.
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Asian Activities Report for December 12, 2011 includes: Skyworth Digital Holdings Limited (HKG:0751) recorded significant year-on-year growth of 188% and 190% in sales volume of LED LCD TV; NTT Data Corporation (TYO:9613) will initiate the integration of its regional group companies in North America and South America in January, 2012; Toyota Tsusho Corporation (TYO:8015) has signed an agreement with AWE Limited (ASX:AWE) to acquire two equity interests in gas projects in Australia for a cash consideration of A$80.125 million.
Overnight the Wall Street was stronger after the bill overhauling the US healthcare system was passed. Asian stock markets were mostly lower on Monday as Reserve Bank of India unexpectedly increased the official interest rate by 25 basis points. The Indian central bank's move has raised fears of an earlier-than-expected rate hike in China. Hong Kong's Hang Seng Index fell 2.05 per cent and South Korea's Kospi was down 0.8 per cent. But Shanghai composite edged 0.2 per cent higher. Japanese markets, which were closed for public holiday yesterday, resume trading on Tuesday.
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