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  1. Stocks falter after Wall St losses unnerve investors

    Posted Apr 19th 2005, 12:00am by Joseph Lo

    ... 'We're all going to be watching the US stocks to see what direction the market will take over the coming days,' said Phillip Securities research director Louis Wong Wai-kit. 'There ... Joseph Lo Hang Seng Index may drop further amid concerns that growth in the US economy is slowing The Hong Kong market fell 2.08 per cent yesterday amid mounting concerns that economic ...

  2. Telecoms stocks fall as 3G licences are issued

    Posted Jan 08th 2009, 12:00am by Staff Reporter

    ... in spending on network infrastructure. The news sent mainland telecommunications stocks sliding yesterday afternoon as investors took profit. China Mobile fell 5.48 per cent to HK$78.45, China Unicom ... to higher market competition,' Credit Suisse analyst Jeffery Tan said in a report on Tuesday. The government has indicated capital expenditure for 3G would be 280 billion yuan. China Mobile ...

  3. More big brands find melamine in stock

    Posted Oct 01st 2008, 12:00am by Paggie Leung, Raymond Li

    ... detected in the affected products,' Unilever Hong Kong marketing director Sharon Hwang said. Unilever owns Lipton. Under Hong Kong's guidelines, the melamine safety limit is 2.5 parts per ... countries for most of our products... only since May 17 have we started using China-made milk powder in some products,' she explained, adding that other Lipton products on the market were ...

  4. AIA shares close 17pc up on market debut

    Posted Oct 30th 2010, 12:00am by Amanda Lee, Nick Westra

    ... yesterday stood at HK$277.61 billion, the 11th largest on the stock exchange. As a result of AIA's large market capitalisation, investors are expecting the insurer to be added to major equity ... on the Hong Kong stock exchange. However, the exercise of an over-allotment option last night increased the offering to 8.08 billion shares raising net proceeds of HK$159.1 billion. ...


    Posted May 06th 2004, 12:00am by Staff Reporter

    ... to the English Premier League should help the pay-TV operator maintain its leading market position and generate additional advertising revenue, analyst Jenny Szeto said in a report. But near-term upside ...

  6. Tourism stocks welcome relaxation of travel rules

    Posted Jul 29th 2003, 12:00am by Sandy Li

    ... missing out on more opportunities like yesterday's rally in tourism-related shares. Retail and travel-related stocks climbed as much as 10 per cent yesterday after the government said ... tourists. 'With wealthier tourists and more traffic to Hong Kong, there will be a re-rating of retail and tourism-related stocks,' UOB Kay Hian Hong Kong director Steven Leung Wai-yuen ...

  7. Mideast turmoil claims first victim in HK market

    Posted Feb 26th 2011, 12:00am by Naomi Rovnick

    ... marketing its IPO, to sell stock to retail investors. It is unclear exactly why Deripaska has exclusively chosen Hong Kong as an IPO venue. But he has been repeatedly denied multiple entry visas ... Naomi Rovnick The Middle East turmoil has claimed its first high-profile victim on Hong Kong's capital markets. Russian oligarch Oleg Deripaska's electricity supplier ...

  8. Brilliance stock dives 10.8pc after auditor quits

    Posted Nov 23rd 2004, 12:00am by Elaine Chan, Eric Ng

    ... since the beginning of the year, closing yesterday down 19 cents at $1.56. In a statement filed with the stock exchange last Friday, Brilliance chairman Wu Xiaoan said PwC did not provide ... Barney analysts Charles Cheung and Lauren Wong warned in a research note yesterday. Their negative outlook for the stock was also prompted by a sectoral downturn that has crimped earnings ...

  9. China Mobile may pay lower fees

    Posted Mar 12th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung The mainland may introduce a regulatory measure that charges China Mobile a lower fee than its rivals when using each other's networks in order to develop the homegrown technology, according to China Unicom (Hong Kong) chairman Chang ...

  10. Tom looks to mainland's mobile broadband market to spur growth

    Posted Mar 22nd 2010, 12:00am by Staff Reporter

    ... Bien Perez Tom Group, the Chinese-language media arm of Li Ka-shing's Hutchison Whampoa Group, is betting on the mainland's rapidly developing mobile broadband market to help forge its identity and drive growth. Chief executive Ken Yeung Kwok-mung said the market may have had some difficulty grasping Tom's vision as it made strategic acquisitions, secured key ...




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