15 December 2019


  • HSI ends week 2.1% lower as uncertainties loom

    Nov 8, 2013 6:14pm
    Hong Kong’s benchmark index ended the week on a fifth straight day of declines as investors waited for Saturday’s start to a key Communist Party gathering and fretted that economic growth could mean the US Federal...
  • Economic reforms designed to break the monopoly hold of state firms in industries such as electricity are at the center of debate within the ruling party. Photo: Bloomberg

    WEEKENDER: Xi looks left and right to make history

    - Nov 8, 2013 4:19pm
    History is in the making as China’s leader, Xi Jinping, prepares to assemble the country’s ruling Communist Party elite in Beijing to map out strategies at a session beginning Saturday. On the agenda are what are...
  • Western China overreliant on investment and property for growth

    Nov 8, 2013 8:49am
    Most of China’s administrative regions have released their economic performance data for the third quarter. While the importance of exports has noticeably gone down, local economies have become increasingly reliant on fixed asset investment to spur...
  • Despite its modern facade

    CPC PLENUM: The week at a glance

    Nov 8, 2013 6:00am
    Will Chinese rulers bite the reform bullet? As China’s top leaders prepare for a key party meeting this week, there are hopes Beijing will lower entry barriers and further ease administrative approval procedures to encourage more...
  • HSI falls 155 points as market awaits offshore data

    Nov 7, 2013 5:42pm
    Hong Kong’s benchmark index fell for the fourth day in a row on Thursday as the market waited for direction from overseas. The European Central Bank will have its policy meeting on Thursday, while the United...
  • Qinhuangdao Port cleared for Hong Kong listing, WSJ says

    Nov 7, 2013 3:08pm
    Qinhuangdao Port Co., China’s largest coal port operator by capacity, has received approval from Hong Kong authorities to launch an initial public offering of up to US$600 million in the city, the Wall Street Journal reported Thursday. The...
  • What’s all the excitement about a moribund market?

    Nov 7, 2013 11:52am
    It’s not so bad for China’s moribund A shares after all. After languishing near the bottom as one of Asia’s worst performers this year, the market is beginning to look like a buying opportunity for big...
  • Huishang Bank IPO raises US$1.19 bln, WSJ says

    Nov 7, 2013 6:57am
    Huishang Bank Corp. raised US$1.19 billion in an initial public offering in Hong Kong after pricing its shares near the low end of an indicative range, amid growing concerns among investors about rising bad loans in...
  • China Mobile takes edge off losses in volatile HK session

    Nov 6, 2013 6:00pm
    Wednesday’s trading session proved volatile for Hong Kong stocks, with the benchmark Hang Seng Index falling more than 80 points at one time before support from blue-chip telco China Mobile (00941.HK) helped it end the day...
  • HSI dips 150 points as A shares get a lift

    Nov 5, 2013 5:43pm
    Hong Kong’s benchmark index ended Tuesday 0.65 percent lower while the mainland stock market hitched a lift on speculation of new shale gas tenders. The Hang Seng Index shed 150 points to 23,038 and the Hang...
  • Cinda closer to Hong Kong listing, WSJ says

    Nov 5, 2013 6:35am
    State-owned China Cinda Asset Management Co., a buyer of bad bank loans, is to seek approval this week to list in Hong Kong, aiming to as much as US$2 billion in an initial public offering, the Wall Street...
  • Solar gets a lift but HSI searches for direction

    Nov 4, 2013 6:13pm
    The Hong Kong stock market struggled for direction Monday as investors waited for HSBC (00005.HK) to release its quarterly report card. The benchmark index Heng Sang Index dropped 0.26 percent, or 60 points, to end the...
  • China's leaders need to strike the right balance between growth and reforms. Photo: Bloomberg

    GDP target to test China reform pace

    - Nov 4, 2013 9:43am
    How fast will China’s economic reforms proceed under the country’s new helmsmen? That is a question many people in and out of China are asking. As China’s economic strength grows and its integration with the global economy...
  • Proposed Guangdong-HK-Macau FTZ has no clear selling point

    Nov 4, 2013 8:55am
    Even before the Shanghai pilot free-trade zone was inaugurated in late September, many cities and regions have been lobbying for a similar status. But at the moment, it’s anybody’s guess whether Beijing is prepared to bestow...
  • Shares worth 40.3 bln yuan unlocked this week, Xinhua says

    Nov 4, 2013 8:22am
    About 40.3 billion yuan (US$6.59 billion) worth of locked up Chinese shares will become eligible for trade this week, marking the highest weekly unlock this quarter, Xinhua news agency reported Sunday, citing data from bourses. A...
  • CSRC chief wants small investors to have bigger say, paper says

    Nov 4, 2013 8:05am
    Xiao Gang {肖鋼}, chairman of the China Securities Regulatory Commission (CSRC), said at the annual meeting of the International Association of Chinese Listed Companies that governance of controlling shareholders should be improved while small and medium-scale investors should be...
  • Mark Uhrynuk, partner at Mayer Brown JSM, said some Chinese manufacturers are seeking to buy foreign companies to acquire intellectual property rights.

    Technology and brands fuel M&A push, Mayer Brown says

    - Nov 4, 2013 6:50am
    Chinese companies seeking merger and acquisition (M&A) opportunities overseas are likely to be drawn to Taiwan’s technology firms and rising brands in Southeast Asian countries such as Indonesia, a senior executive at Mayer Brown JSM said. “Technology...
  • Hang Seng ends week higher

    Nov 1, 2013 6:13pm
    Hong Kong stocks closed out the week higher, picking up 0.19 percent in directionless action Friday, the first trading day of the month. The benchmark Hang Seng Index finished at 23,249 points for the day and...
  • China's leaders are expected to unveil new reforms to build on the economic gains of the past. Photo: Bloomberg

    WEEKENDER: Hopes build for second wave of China reforms

    - Nov 1, 2013 4:27pm
    Billed as China’s second wave of reform, the Chinese Communist Party’s central committee is due to endorse a master plan of reform for the nation for the next ten years at a plenum next week as...
  • NSSF opts for defensive stocks in 4Q, paper says

    Nov 1, 2013 12:44pm
    China’s National Social Security Fund (NSSF) is believed to have sold shares of some listed small and medium enterprises such as Suning Commerce Group Co. Ltd. (002024.CN), Huayi Brothers Media Corp. (300027.CN) and Ourpalm Co. Ltd....