Hong Kong Gets Lift From Banks, Energy Shares
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BUSINESS
Hong Kong offer for EDF’s UK arm
Hong Kong billionaire Li Ka-Shing makes a £5.8bn ($9.1bn) offer for the UK interests of French power group EDF.
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Hong Kong Stocks Poised For Consolidation
The Hong Kong stock market put on just 2 points on Thursday – but that was enough to extend its winning streak to eight sessions, collecting more than 1,000 points or 5 percent in that span. The Hang Seng Index remained just below the 21,100-point plateau, and now analysts are forecasting a modest decline...
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Hong Kong Slides Lower On Banks, But Chalco Up
Hong Kong Slides Lower On Banks, But Chalco Up
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Hong Kong’s Cheung Kong Infrastructure Buys EDF’s UK Electricity Unit For GBP5.8 Billion – FT
Hong Kong’s Cheung Kong Infrastructure Buys EDF’s UK Electricity Unit For GBP5.8 Billion – FT
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More HK students enter mainland for further study
A group of 206 Hong Kong students arrived in Beijing on July 24 for a four-day visit organized by the Hong Kong Federation of Overseas Chinese Associations that is aimed at letting them explore Chinese culture.
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Hong Kong land fetches $1.5bn at auction
A RARE residential site at Hong Kong’s ritzy Victoria Peak fetched $1.5 billion at auction, boosting one of the world’s most dizzying luxury property markets.
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Hong Kong Peak Site Fetches $1.34 Billion, Below Some Estimates
Nan Fung Development Ltd. and Wharf (Holdings) Ltd. bid HK$10.4 billion ($1.34 billion) for a site in Hong Kong, falling short of some surveyors’ estimates and sending property stocks to the biggest drop in almost two weeks.
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Hong Kong Sells Peak Site for HK$10.4 Billion in Auction
The Hong Kong government today sold a building site in the Peak district for HK$10.4 billion ($1.34 billion) in a government auction.
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Hong Kong banks rise on ICBC (Asia) takeover talk
HONG KONG, July 28 (Reuters) – Shares of smaller Hong Kong banks seen as takeover targets rallied on Wednesday, on hopes they could command a premium as talk mounted that ICBC could take its Hong Kong-listed international arm private.
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Hong Kong Stocks May See Resistance At 21,000 Points
The winning streak has stretched to six sessions now for the Hong Kong stock market, which has surged nearly 900 points or 4.3 percent in that span. The Hang Seng Index finished just below the 20,975-point plateau, and now analysts are expecting the rally to slow when the market opens for business on Wednesday.
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