LOS ANGELES (MarketWatch) — Hong Kong stocks opened lower Monday, with resource and real-estate shares among the decliners after a softer finish last week for U.S. equities. The Hang Seng Index traded down 1.2% at 18,360.79, while the Hang Seng China Enterprises Index lost 1.7%. Over on the Chinese mainland, the Shanghai Composite dropped...
The combined wealth of Hong Kong’s top 40 richest people, led by Li Ka-shing, fell 7.4 percent to $151 billion last year from 2010 as China’s economic growth slowed and property prices dropped, Forbes Magazine said today. (read the news…) People who looked at this item also looked at… 'Transformers' Tops Hong Kong Box...
Their wealth on the new 2012 Forbes Hong Kong Rich List falls amid real estate, growth woes (read the news…) Related items Li Tops Hong Kong Rich List as Wealthy Get Poorer, Forbes Says Hong Kong’s Wealthiest Get Squeezed By China’s Woes Hong Kong stocks rise, with property, energy up Hong Kong stocks rise,...
The total wealth of Hong Kong’s richest is off 7% from a year ago, with real estate developers like the Kwok family hit the hardest. (read the news…) Related items Hong Kong Property Shares Tumble Following China Comments Hong Kong Stocks Rise Early, As Property Advances Hong Kong Stocks May Challenge 21,000-Point Mark Hong...
HONG KONG (MarketWatch) — Hong Kong shares posted mild early gains Thursday, with Cnooc Ltd. rising on higher oil prices to lead commodity producers, while several mainland developers dropped after China Vanke Co. reported a sharp decline in December sales. The Hang Seng Index was up 0.2% at 18,767, while the Hang Seng China...
Hong Kong’s real estate market is tipped to extend recent falls this year, analysts said Thursday, as property transactions dived to a five-year low in 2011 after a slew of measures to curb prices. (read the news…) Related items Hong Kong’s hot market in ‘haunted’ houses Hong Kong’s hot market in haunted houses Hong...
HONG KONG (MarketWatch) — Hong Kong shares slipped after opening higher Wednesday, with conglomerate Swire Pacific Ltd. plunging as investors priced in the spin-off of its property unit, while energy producers climbed again after Nymex crude-oil prices topped $102 a barrel. Mainland Chinese stocks opened for 2012 trading with moderate gains, after suffering hefty...
Hong Kong stocks surge, with resource and property shares strong; Hang Seng Index up 1.9% (read the news…) Related items Hong Kong stocks rise, with property shares advancing; Hang Seng Index up 0.6% Hong Kong stocks fall, with property shares weak; Hang Seng Index down 0.6% Hong Kong stocks slip early, as property shares...
LOS ANGELES (MarketWatch) — Hong Kong stocks roared back from the long weekend holiday Tuesday, with the Hang Seng Index jumping 1.7% to 18,745.98 in the early minutes, while the Hang Seng China Enterprises Index advanced 2%. The Shanghai market was closed. Sharp gains in crude-oil prices boosted energy shares, with Cnooc Ltd. rising...
China shares up after Premier Wen comments, Hong Kong down
HONG KONG (Reuters) – China stocks jumped on Monday, outperforming the rest of Asia, after the Chinese Premier Wen Jiabao said Beijing would improve market regulation and protect investor rights after a financial work conference over the weekend. Wen said China must “strengthen and improve its financial supervision and effectively prevent systematic financial risks”,...
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