Category: FINANCE

Hong Kong stocks closed down 5.12 points, or 0.02 percent to 24,262.18 points on Monday. The benchmark Hang Seng Index traded between 24,215.54 and 24,314.66. Turnover totaled 65.104 billion Hong Kong dollars (about 8.389 billion U.S. dollars). ( read original story ...)

Overseas, Tokyo’s Nikkei gained 0.7 per cent, while Hong Kong’s Hang Seng dipped slightly and the Shanghai composite ... Traders will be looking ahead to the Bank of Canada rate decision and release of the central bank’s latest monetary policy ... ( read original story ...)

On Wednesday, the Bank of Canada (BoC) publishes its monetary policy ... Elsewhere, the Aussie S&P/ASX 200 Index added +0.9%. In Hong Kong, the Hang Seng index fell -0.1%, while China’s Shanghai Composite slipped -0.5%. In South Korea, the Kospi index ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong shares were flat after ... senior strategist at South China Financial Group. "For the Hang Seng Index to break out of its range, a lot will depend on U.S. data and how markets perform." The Shanghai Composite slipped ... ( read original story ...)

Hong Kong's Hang Seng was up 0.06 percent while Japan's Nikkei gained 0.65 percent in early trade today. China's Shanghai Composite shed 0.28 percent. The US Dow Jones Industrial Average ended 0.03 percent lower on Friday. ( read original story ...)

Fiji beat South Africa 22-0 at the Cathay Pacific / HSBC Hong Kong Sevens to claim their first tournament victory of the 2016-17 series. The Olympic champions scored four tries in the final as a weekend of pulsating rugby came to a thrilling close on Sunday. ( read original story ...)

As the seventh round of the HSBC World Rugby Sevens Series approaches in Hong Kong, we pick out a few stars that could shine bright over the three days. Returning after missing both Las Vegas and Vancouver, Veremalua has hands like frying pans and is one ... ( read original story ...)

China's second most profitable brokerage company, Guotai Junan, allocated the institutional tranche of its Hong Kong initial public offering on Monday after attracting the kind of balanced order book syndicate bankers had almost give up on. Bankers ... ( read original story ...)

Osim founder Ron Sim is gunning for an initial public offering (IPO) in Hong Kong just months after bidding goodbye to the Singapore Exchange (SGX). Mr Sim has applied to relist his massage chair and lifestyle products company as V3 Group, according to its ... ( read original story ...)

and in the oil and gas exploration business (Persta Resources which listed in Hong Kong.) But the market hasn’t been receptive to issuers in the oil services business, with planned IPO offerings by Source Energy and STEP Energy being postponed. ( read original story ...)

China Everbright Greentech (CEG) is drumming up interest for a $500m Hong Kong IPO, with investor meetings starting this week, said bankers on the deal. The issuer, which is being spun off from China Everbright International, began pre-marketing on Monday. ( read original story ...)

HONG KONG (Reuters Breakingviews) - Fantasy gaming shares offer some real-life charms. Netmarble wants a fantastical-sounding valuation in one of South Korea's biggest-ever initial public offerings. But the maker of online role-playing games is growing ... ( read original story ...)

The growth was led by Asia-Pacific, with China, Hong Kong, Macau and Taiwan showing the most activity. Asia-Pacific markets accounted for nearly half the global proceeds from initial public listings, and 70 per cent of the global number of IPOs. ( read original story ...)

* Says it plans to issue up to 24.97 million shares at 14.57 yuan ($2.11) per share to raise 363.81 million yuan for its Shanghai IPO Source text in Chinese: bit.ly/2nJzhrx ($1 = 6.9029 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ( read original story ...)