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 Hong Kong watchdog punishes underwriter for lax IPO standards China ‘Basically...
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 Hong Kong Bourse Offers Asia’s First Futures on Volatility Asian stocks rebound as fears fade of fallout...
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...
HONG KONG (REUTERS) – Hong Kong telecommunications and media firm PCCW Ltd will spin-off and list its telecom assets to raise up to HK$10 billion (S$1.7 billion), it said in a filing to the Hong Kong stock exchange on Sunday. (more…) Related items VIDEO: PCCW unit lists in Hong Kong Malaysian listed XiDeLang eyes...
HONG KONG – Singapore’s stock exchange is not looking to takeover any of its competitors following its failed bid for Australia’s bourse earlier this year, its chief executive said Wednesday. (more…) Related items Hong Kong fair showcases booming Asian art market Hong Kong watchdog punishes underwriter for lax IPO standards Broker bets on marriage...
HONG KONG, Sept 20 (Reuters) – The following are some of the major companies planning initial public offerings on the Hong Kong stock exchange. (read on…) People who looked at this item also looked at… Hong Kong Police Seize Cocaine Worth $77M Hong Kong retail wine scene GlobaLinks Learning Abroad Announces New International Education...
HONG KONG (Reuters) – The euro dropped 1 percent and European stock index futures fell on Monday, following a slide in Asian shares, after a meeting of European policymakers’ produced no new ideas for solving the continent’s crippling sovereign debt crisis. (read the rest of the story…) Related items Hong Kong Stocks Market Tipped...
