Chen Hsong benefits from rising press sales in China


Domestic Chinese demand is proving to be the one bright spot, albeit a big one, for one of the country’s largest injection press makers, Hong Kong-based Chen Hsong Holdings Ltd.

Continued uncertainty in the global economy clouds the firm’s broader outlook.

Rising demand in China single-handedly pushed up earnings 13 percent to HK$1.8 billion (US$2231.7 million) for the fiscal year ending March 31, the...
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