Hong Kong’s Hang Seng Index closes 1.48 pct higher

HONG KONG, May 3 (Xinhua) -- Hong Kong's stock market ended higher on Friday with the benchmark Hang Seng Index up 1.48 percent to close at 18,475.92. The Hang Seng China Enterprises Index jumped 1.71 percent to end at 6,547.29, and the Hang Seng Tech Index surged 2.74 percent to close at 3,971.29. Enditem

Spilling the tea on Hong Kong IPOs

"Today, the industry consensus has returned to business fundamentals; top-line growth without net profits is meaningless." A wave of Chinese bubble-tea companies is now following in ChaPanda's ...