CapitaLand stock was down 0.8 percent. Hong Kong's CK Hutchison and Cheung Kong Property Holdings were also among the Asian companies reporting results Thursday. In foreign exchange, the U.S. currency strengthened slightly after hitting 15-month lows ... ( read original story ...)
Three principles Hong Kong can learn from Singapore
Of course property developers in Hong Kong would not be pleased at such a policy. Pushing out unpopular policies to improve Hongkongers’ lives would require vision, conviction and planned execution. ( read original story ...)
Search engine IPO depends on Tencent for results
HONG KONG (Reuters Breakingviews) - Baidu rival Sogou is planning an initial public offering in the United States. But convincing investors to back a distant number two in China’s mobile-search market could be tricky. Sogou’s relationship with backer ... ( read original story ...)
Singapore exchange pitches for Saudi Aramco IPO
That choice pits the top global financial centers, London and New York, against each other, while Hong Kong, Tokyo, Singapore and Toronto are also on the top contender list. The initial public offering (IPO) would make the company the largest publicly ... ( read original story ...)
Hong Kong stocks rally for third day to 26-month high on strong earnings expectations and Apple boost
Hong Kong stocks advanced for a third day running on Wednesday, as strong earnings expectations pushed up a bunch of large cap blue-chip stocks, including CK Hutchison Holdings, the conglomerate owned by Hong Kong’s richest man Li Ka-Shing. The Hang Seng ... ( read original story ...)
Atlas Air Worldwide places 3 747-400Fs with Hong Kong Air Cargo
Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) has announced the ACMI placement of three 747-400 freighters with Hong Kong Air Cargo Carrier Limited, a subsidiary of Hong Kong Airlines, the company said. The aircraft will be operated by Atlas Air ... ( read original story ...)
Hong Kong stocks power to 26-month high; turnover tops HK$100bn for first time in two months
Hong Kong stocks powered ahead on the first trading day of August ... “differentiated regulations”, suggesting it may give industry players with better financial positions more room to try out new products. Ping An Insurance, China’s second-largest ... ( read original story ...)
China H Shares Rise to 23-Month High as Financial Stocks Advance
Chinese shares traded in Hong Kong closed at the highest level since August 2015 as insurers and brokerages advanced, while energy companies extended Monday’s rally. The Hang Seng China Enterprises Index climbed 1.8 percent. Financial stocks accounted ... ( read original story ...)
Short Sellers Scaring Investors Away From Hong Kong’s Small Caps
Hong Kong stocks may be Asia’s star performers this year, but it hasn’t done much to revive the fortunes of the market’s perennial underdogs: small-cap shares. A peek under the hood of the Hang Seng Index’s 25 percent surge shows it’s being ... ( read original story ...)
Hong Kong prices expected to keep rising as supply issues continue
Indeed, the Government announced an eighth round of mortgage tightening measures in May to help restrain soaring value but the lack of supply means demand is not lessening. Hong Kong’s new leader, Carrie Lam, who took over at the beginning of July has ... ( read original story ...)
PennyMac Mortgage Investment Trust (PMT) Given Average Recommendation of “Hold” by Brokerages
Its up 3.11% from 2.61M shares previously. The Hong Kong-based Point72 Asia (Hong Kong) Ltd has invested 0.08% in PennyMac Mortgage Investment Trust (NYSE:PMT). It is 0.00% or $0 reaching $18.51 per share. It is down 18.22% since July 31, 2016 and is ... ( read original story ...)
Affordable homes to be focus of Hong Kong housing policy, Carrie Lam vows
Earlier this year Hong Kong ranked as the world’s least affordable city to ... She noted that the average monthly mortgage payment for a 485 sq ft flat would take up 66 per cent of the median monthly private household income, according to figures from ... ( read original story ...)
Apple Stock Soars to Record High After Earnings, iPhone Excitement
Ellington Residential Mortgage REIT ValuEngine raised ARMOUR Residential REIT ... "The decline from a market standpoint was concentrated in Hong Kong, which is a place that has been really affected by a reduction in tourism because the Hong Kong Dollar ... ( read original story ...)
First Eagle Investment Management Cut Pepsico (PEP) Position; Anworth Mortgage Asset (ANH) SI Increased By 31.19%
Ifc Holdings Inc Fl stated it has 0.01% of its portfolio in Anworth Mortgage Asset Corporation (NYSE:ANH). Princeton Alpha Mngmt Limited Partnership reported 17,443 shares or 0.02% of all its holdings. 3,402 are held by Point72 Asia (Hong Kong) Limited. ( read original story ...)