The Hong Kong stock market has finished higher now in three straight trading days, surging almost 1,000 points or 5.6 percent along the way. The Hang Seng Index finished just below the 18,970-point plateau, and now traders are expected to lock in gains when the market opens on Wednesday. (read the rest of the...
The Hong Kong stock market is turning into what critics are labeling a “casino” as little understood derivative products – callable bull/bear certificates and warrants – jumped to 41.37 percent of daily trading turnover yesterday, the highest proportion ever. (more…) Related items PCCW trust makes steady debut in Hong Kong Hong Kong Stocks May...
New World Development Co. plunged the most in 14 years in Hong Kong trading after saying it plans to raise HK$12.3 billion ($1.6 billion) selling stock at a discount to fund property projects and boost capital. (read the news…) Related items Swire Pacific Shares Fall After Property Unit Debuts at Discount PCCW Said to...
The Hong Kong stock market has closed higher now in six straight sessions, surging nearly 2,600 points or 13.5 percent along the way. The Hang Seng Index finished just below the 18,750-point plateau, and now investors are expected to take profit when the market opens on Friday. (read the story…) Related items Consolidation Expected...
LONDON (SHARECAST) – Fashion chain Burberry lost its “stock market darling” tag in the back end of September as fears grew that growth in China, one of Burberry’s major markets, could be on the wane. (read the rest of the story…) Related items China ‘Basically Ready’ to Allow Foreign Firms to Sell Shares Hong...
The Hong Kong stock market has finished higher now in four straight sessions, surging nearly 1,900 points or 10.1 percent along the way. The Hang Seng Index finished just above the 18,140-point plateau, although now traders are bracing for some heavy profit taking when the market kicks off trade on Wednesday. (read the story…)...
HONG KONG – Asia’s stock markets surged on Thursday, boosted by another strong performance on Wall Street and hopes European leaders will come together to plan a route out of the region’s sovereign debt crisis. (read on…) Related items HK banks feel the heat As Europe Retreats, Pressure Mounts on Hong Kong Banks Hong...
HONG KONG: Asian stock markets were mixed on Friday despite strong US growth data and rare positive news out of the eurozone after the German parliament approved a crucial EU bailout package. (read the story…) Related items Asian stocks rebound as fears fade of fallout from North Korean leader Kim’s death Hong Kong Bourse...
The Hong Kong stock market on Tuesday finally wrote a finish to the four-day losing streak in which it had retreated more than 1,600 points or 8.5 percent. The Hang Seng closed just above the 18,130-point plateau, and now traders are looking for continued gains when the market opens on Wednesday. (read the story…)...
China Mobile Ltd. (941) , sitting on more cash than Apple Inc. (AAPL) , is missing the phone industry’s cheapest stock valuations in two years, fueling investor discontent over its takeover strategy. (more…) Related items PCCW trust makes steady debut in Hong Kong PCCW to list telecoms arm, raise up to $1.7b PCCW Approved...
