Tag Archive

Hong Kong Stocks Decline on Earnings Concerns; Alibaba Tumbles (Bloomberg)

March 20, 2009 | NEWS

March 20 (Bloomberg) — Hong Kong stocks fell for the first time in three days on renewed concern a global recession is eroding corporate profit. (read the story…) Related items Alibaba, China Resources, PCCW, ZTE: Hong Kong Equity Preview (Bloomberg) HK Hot Stocks – BoCom drops after earnings; Tencent gains (Reuters via Yahoo! Philippines News) (AFX UK Focus) 2009-02-23...
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HK Hot Stocks – BoCom drops after earnings; Tencent gains (Reuters via Yahoo! Philippines News)

March 19, 2009 | NEWS

HONG KONG, March 19 (Reuters) – By 0315 GMT the benchmark Hang Seng Index was down 0.4 percent at 13,063.72, after opening 0.7 percent firmer. (read the story…) Related items HK Hot Stocks – China banks, property stocks soar (Reuters via Yahoo! Philippines News) Hong Kong Stocks Decline on Earnings Concerns; Alibaba Tumbles (Bloomberg) Hong Kong shares end...
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Hong Kong Stocks Rise; Banks Lead Advance on Earnings Outlooks (Bloomberg)

March 17, 2009 | FINANCE

March 17 (Bloomberg) — Hong Kong stocks rose, reversing declines, lifting the benchmark Hang Seng index to a sixth- straight advance on optimism bank earnings will improve. (read the rest of the story…) Related items Hong Kong Stocks Rise Fifth Day, led by Banks; Jiangxi Gains (Bloomberg) Hong Kong Stocks Fall Amid Concern Financial Crisis Deepening (Bloomberg) (AFX UK...
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Hong Kong’s Stock Index Falls; Hongkong & Shanghai Hotels Drops (Bloomberg)

March 12, 2009 | TRAVEL

March 12 (Bloomberg) — Hong Kong’s benchmark stock index fell on concern the global recession will erode corporate earnings and damp demand for raw materials. (read more…) Related items HK Hot Stocks – BoCom drops after earnings; Tencent gains (Reuters via Yahoo! Philippines News) Hong Kong Stocks Advance on Policy Speculation; HSBC Rallies (Bloomberg) Belle, China Railway, PICC, Shun...
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China Telecom warns of sharp drop in 2009 profit (Reuters via Yahoo! Malaysia News)

March 10, 2009 | WIRELESS

HONG KONG, March 10 (Reuters) – China Telecom Corp <0728.HK> said on Tuesday it expected to see a significant year-on-year decline in 2008 profit due to a provision against impairment loss of a telecom asset. (read the story…) People who looked at this item also looked at… Beijing wants state press to be heard, and believed, around...
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Hong Kong Stocks Fall Most in Three Months; HSBC Leads Plunge (Bloomberg)

March 10, 2009 | BUSINESS

March 9 (Bloomberg) — Hong Kong stocks fell, with HSBC Holdings Plc leading the benchmark index to its steepest drop in three months amid concern a world recession will erode earnings. (read on…) Related items Hong Kong Stocks Fall to Four-Month Low; HSBC Slumps 24% (Bloomberg) Hong Kong’s Bank Stocks Drop; Developers Rise on Rate Outlook (Bloomberg) Asian stocks...
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China Vanke 2008 net drops 17 pct, cuts housing starts (Reuters via Yahoo! Philippines News)

March 10, 2009 | REAL ESTATE

HONG KONG, March 9 (Reuters) – China Vanke Co , the country’s biggest listed real estate developer, on Monday reported a 16.7 percent fall in 2008 profit as the global financial crisis dampened demand and it downsized its housing start target by 23 percent this year. (read the news…) Related items China Vanke 2008 net drops...
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China Vanke 2008 net drops 17 pct, cuts housing starts (Reuters via Yahoo! Singapore News)

March 10, 2009 | REAL ESTATE

HONG KONG, March 9 (Reuters) – China Vanke Co , the country’s biggest listed real estate developer, on Monday reported a 16.7 percent fall in 2008 profit as the global financial crisis dampened demand and it downsized its housing start target by 23 percent this year. (read the news…) Related items China Vanke 2008 net drops...
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Hong Kong Stocks Fall to Four-Month Low; HSBC Slumps 24% (Bloomberg)

March 9, 2009 | BUSINESS

March 9 (Bloomberg) — Hong Kong stocks fell, dragging the benchmark index to the lowest close in more than four months amid heightened concern a deepening world recession will erode corporate earnings. (read on…) Related items Hong Kong Stocks Fall Most in Three Months; HSBC Leads Plunge (Bloomberg) Hong Kong’s Bank Stocks Drop; Developers Rise on Rate Outlook...
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Hang Seng Bank net falls (China Daily)

March 3, 2009 | FINANCE

Hang Seng Bank, Hong Kong’s second-largest commercial lender, yesterday posted a sharp fall in second-half 2008 earnings and predicted more challenges ahead in 2009 amid falling exports and shrinking domestic demand. (read the rest of the story…) Related items Hong Kong Stocks Rise; Banks Lead Advance on Earnings Outlooks (Bloomberg) (AFX UK Focus) 2009-03-02 02:14 HK shares open...
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