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  • July 29, 2014
  • Last updated: 3:05pm
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  1. Business - Money - STOCKS

    For once it may not be wise to sell in May

    Posted May 20th 2013, 12:00am by Jeanny Yu

    ... Normally shares underperform during the summer, but this year could be different "Sell in May and go away." Will this be the year that the old investment adage, arising from a long-run statistical underperformance of stocks from May to October v ...

  2. Business - Money - MARKETS

    Hong Kong stocks set for bullish start to the Year of the Snake

    Posted Feb 14th 2013, 12:00am by Sandy Li

    ... Hong Kong stocks are expected to climb when trading begins after the New Year holiday break Hong Kong stocks could open the Year of the Snake on a bullish note as Asian markets rose after US corporate earnings sent the Dow Jones Industrial Average to a fi ...

  3. Business - Companies - EQUITIES

    Fosun set to tap HK stock market for US$600m

    Posted Oct 06th 2012, 12:00am by Ray Chan

    ... Pharmaceutical, which closed 1.9 per cent higher at 10.69 yuan (HK$13.08) in Shanghai yesterday, are up 25.2 per cent so far this year, while the overall market has dropped 5.2 per cent. Last year, ...

  4. Business - Money - PROPERTY

    HK-listed mainland stocks in sharp correction as investors seek upside

    Posted Sep 18th 2012, 12:00am by Yvonne Liu

    ... upside potential, analysts said. Guangzhou R&F Properties dropped 4.63 per cent to close at HK$9.27, the sharpest fall among the major developers. Shares in Poly Property Group dropped 4.47 per cent to close at HK$4.27, while Greentown China fell 4.12 per cent to HK$8.62, and China Resources Land fell 3.41 per cent. "We talked to many investors at the investment forum held ...

  5. Business - Banking & Finance - LISTINGS

    HK Exchange faces missing top 10 for IPOs

    Posted Sep 11th 2012, 12:00am by George Chen

    ... George Chen and Jeanny Yu After holding top position for the past three years, fears over the mainland and Europe lead to exchange being at risk of missing the top 10 HK faces danger ... under HK$43 billion, down 77 per cent year on year from about HK$190 billion in the first eight months of last year, and at a 10-year low for Hong Kong Exchanges and Clearing (HKEx) in terms ...

  6. HK bronze worth more than US gold thanks to bank deal

    Posted Aug 08th 2012, 12:00am

    ... Alvin Sallay Sarah Lee Wai-sze might have only won a bronze medal but will be be rewarded more than American gold medallists, who will only receive US$25,000 (just under HK$200,000), less ... every local athlete HK$3 million for bringing back a gold medal, HK$1.5 million for a silver and HK$750,000 for a bronze. So in monetary terms, a Hong Kong bronze is worth nearly four US golds. ...

  7. Takeover bid lifts HK Parkview up 43pc

    Posted Jul 19th 2012, 12:00am

    ... Sandy Li sandy.li@scmp.com Shares in The Hong Kong Parkview Group shot up nearly 43 per cent yesterday after Cofco Corporation announced a HK$362.18 million takeover bid for the property investment company. The stock climbed to a 52-week high of HK$2.40 before closing at HK$2.10 and recorded a turnover of HK$6.78 million when it resumed trading yesterday after two days of suspension. ...

  8. Buy-back plan gives Soho China a boost in HK

    Posted Jun 29th 2012, 12:00am

    ... its balance-sheet strength. The announcement, made in a filing with the Hong Kong stock exchange around midday yesterday, pushed up its share price from HK$5.67 at noon to HK$5.99. The stock closed at HK$5.94 yesterday, gaining 5.32 per cent over the previous day while the Hang Seng Index dropped 0.79 per cent. The stock has been trading between HK$4.56 and HK$7.40 in the last year. ...

  9. Hontex told to pay back HK$1b to investors

    Posted Jun 21st 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com A Hong Kong-listed company has been ordered to pay back more than HK$1 billion to investors after a landmark decision in the High Court. The ruling came after ... for the company's shares in its initial public offering (IPO) or who purchased them after its listing. The company's total repurchase will come to HK$1.03 billion, or HK$2.06 per share. ...

  10. Duluth mulls raising funds in HK

    Posted Jun 27th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com A Canadian metals mine developer with a multi-metal project in the United States is considering a private equity share sale and a stock market listing in Hong Kong to help fund its development. Toronto-based and listed Duluth Me ...




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