Tag Archive

SJM Scraps Plan to Buy Hotel Lisboa as Macau Gambling Slows (Bloomberg)

March 20, 2009 | TRAVEL

March 20 (Bloomberg) — SJM Holdings Ltd., controlled by Macau casino tycoon Stanley Ho , scrapped an HK$4.7 billion ($606 million) plan to buy the Hotel Lisboa and a development site in the city from its parent because of the financial crisis. (read more…) Related items PokerStars Macau At the Grand Lisboa to Launch On March 19,...
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Gulf Women’s Rugby Team Set for Hong Kong 7s (Khaleej Times)

March 20, 2009 | WIRELESS

DUBAI — The Arabian Gulf women’s rugby team, which will take part in the Cable & Wireless Hong Kong Women’s Rugby Sevens (HKWRS) on March 27, will see the introduction of fresh faces and a new captain with an eye on the future. (read the story…) Related items Women’s rugby team headed to Hong Kong (Pacific Daily...
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Hong Kong market slips on profit taking, weak U.S cues (Nasdaq)

March 20, 2009 | TELECOM

(RTTNews) – The stock market in Hong Kong is trading weak on Friday morning, as investors preferred to take profits after the market witnessed a sharp rally in the past few days. Weaker closing in the U.S markets on profit taking also weighed on the local market. (more…) People who looked at this item also looked...
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Asia: Hang Seng slides (ShareCast)

March 20, 2009 | FINANCE

LONDON (SHARECAST) – Asian stocks were down today with the Hong Kong’s Hang Seng posting heftier losses than the Nikkei. Across the markets, the Hang Seng plunged 297 points to 12,833 with the Nikkei only slipping 26 points to 7945. (read the rest of the story…) Related items Hong Kong stocks advance 1.86% on Wall Street rally...
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Hong Kong bankruptcy filings hit five-year high (Market Watch)

March 20, 2009 | BUSINESS

Bankruptcy applications in Hong Kong hit a five-year high in February, marking the highest level of petitions seen since the territory’s economy was devastated by the fallout from the Severe Acute Respiratory Syndrome (SARS) crisis. (read on…) Related items BoCom Shares Fall in Hong Kong on First Quarterly Profit Drop (Bloomberg) Hong Kong’s Bank Stocks Drop; Developers Rise...
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Hong Kong shares to drop next week (The Economic Times)

March 20, 2009 | BUSINESS

Hong Kong share prices will tumble next week as uncertainty about the state of the global economy continues to fuel market volatility. (read on…) Related items Hong Kong bankruptcy filings hit five-year high (Market Watch) BoCom Shares Fall in Hong Kong on First Quarterly Profit Drop (Bloomberg) Hong Kong’s Bank Stocks Drop; Developers Rise on Rate Outlook (Bloomberg) Hong Kong...
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Hong Kong Government Lists 61 Sites For Auction Next Fiscal Year; Won’t Change Systems (Nasdaq)

March 20, 2009 | BUSINESS

HONG KONG -(Dow Jones)- The Hong Kong government said Friday it is putting up 61 land sites for auction in the next fiscal year, and reiterated it won’t lower the prices of the sites despite the market downturn. (read on…) Related items Report: Hong Kong tops global office rental list on lesser fall in 2008 (People’s Daily) Hong...
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A staunch advocate of globalization and trade (International Herald Tribune)

March 20, 2009 | NEWS

Victor Fung, head of the International Chamber of Commerce, has a simple message to the global leaders who will soon try to set a new path for the economy: “Please deliver.” (read the story…) Related items World stock markets fall on rising US unemployment, Hong Kong index off 2.8 pct (Minneapolis-St. Paul Star Tribune) Hong Kong market pares...
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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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Alibaba, China Resources, PCCW, ZTE: Hong Kong Equity Preview (Bloomberg)

March 20, 2009 | NEWS

March 20 (Bloomberg) — The following companies may have unusual price changes in Hong Kong trading. Stock symbols are in parentheses, and share prices are as of the last close. (read the story…) Related items Hong Kong Stocks Decline on Earnings Concerns; Alibaba Tumbles (Bloomberg) Hong Kong shares end flat; HSBC, China Mobile weigh (Reuters via Yahoo! Malaysia...
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