Local prime rate seen rising in second half

HSBC Holdings (0005) and BOC Hong Kong (Holdings) (2388) said prime rate in Hong Kong is likely to increase in the second half of next year. George Leung Siu-Kay, an advisor at HSBC Asia Pacific, said whether Hong Kong increases prime rate will depend on ... ( read original story ...)

Punters fail to cash in as BOC notes flop

The centenary commemorative note of Bank of China (Hong Kong) has been a major flop for speculators after buyers offered less than the original price on the first day of its release.In a move marking its largest release of new notes, BOC sold five million ... ( read original story ...)

Profit-Taking Expected For Hong Kong Stock Market

Hong Kong & China Gas added 0.79 percent, Li & Fung gained 0.71 percent, New World Development picked up 0.53 percent, Ping An Insurance collected 0.49 percent, Industrial and Commercial Bank of China was up 0.48 percent and China Life and BOC Hong Kong ... ( read original story ...)

Lower Open Called For Hong Kong Stock Market

Hong Kong & China Gas gained 0.53 percent, BOC Hong Kong collected 0.52 percent, Ping An lost 0.37 percent, Li & Fung fell 0.24 percent, New World Development and CNOOC both dipped 0.18, Kunlun Energy advanced 0.12 percent and Belle International and ... ( read original story ...)

Scraping the sky

For the Pei family, BOC Tower continues to be a significant project nearly 40 years after its completion. "The only other project that was built in Hong Kong was an office tower in Causeway Bay called Sunning Plaza - it was recently demolished," notes ... ( read original story ...)

Hang Seng closes nearly 1pc higher

Stocks in Hong Kong rallied today. The benchmark Hang Seng Index rose 0.90 percent, or 266.05 points, at 29,863.71. In mainland China, the Shanghai Composite Index climbed 0.63 percent, or 20.60 points, at 3,296.38 while the Shenzhen Composite Index added ... ( read original story ...)

Hang Seng opens 0.3pc higher

Stocks in Hong Kong advanced at the open today. The blue-chip Hang Seng Index rose 0.29 percent, or 87.13 points, at 29,684.79. In mainland, the Shanghai Composite Index eased 0.11 percent to open at 3,272.29 points.... Stocks in Hong Kong advanced at the ... ( read original story ...)