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  • April 20, 2014
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  1. Overseas fund inflows sustain rally for index

    Posted Oct 07th 2003, 12:00am by Staff Reporter

    ... of 330 pips. The Hang Seng Index also added 125.76 points, or 1.08 per cent, to reach a fresh 16-month high of 11,734.48 after touching an intraday high of 11,838.24. Sentiment remained strong ... to $98.25. Lehman Brothers banking analysts Tracy Yu said banks should benefit from an increase in residential property prices on three fronts: a potential increase in the value of underlying ...

  2. Mainland telecoms firms prop index as HSBC dips

    Posted Jul 20th 2005, 12:00am by Staff Reporter

    ... and Cheung Kong, which had driven the market higher in the past week, but property investors remained in favour and helped the Hang Seng Index finish up ever so slightly- extending its winning streak to five days. At the close of trading, the index was 0.74 point higher at 14,567.74 after moving in a range between 14,493.27 and 14,625.08 points. HSBC pulled the index 32.2 points lower ...

  3. Prices stall as investors seek targets for cash

    Posted Nov 20th 2004, 12:00am by Staff Reporter

    ... yesterday as the bulls and bears decided not to take any big moves before the weekend. The benchmark Hang Seng Index edged down marginally by 12.14 points to finish at 13,787.68. 'The [decline ... top index stocks to park some of that cash as the market was consolidating, he suggested. A broker said HSBC continued to be capped by the negative news on Household International, which also ...

  4. HSI eases after record oil prices rock Wall St

    Posted Jun 28th 2005, 12:00am by Carmen Chan

    ... Fiona Lau and Carmen Chan Hang Seng Index drops 0.38pc as players fear costly fuel may hinder economic growth Shock waves from record oil prices that hit the US stock market on Friday ... that high oil prices will slow global economic growth and this hinders the stock markets' performance,' said Tse Ming-kwong, a director at VC Brokerage. July index futures contracts ...

  5. Two IFC leasing fuels price war

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

    ... Ernest Kong and Sandy Li MTRC and Sun Hung Kai disagree over rent levels for joint venture A fierce price competition has emerged between MTR Corp and joint developer Sun Hung Kai ... consultants said MTRC had adopted a more aggressive pricing strategy, offering effective rents as low as $12 to $15 per square foot. Effective rents take incentives such as rent-free periods ...

  6. Mainland firms rely on pricing to push IPOs

    Posted May 28th 2005, 12:00am by Staff Reporter

    ... Anette Jonsson Bocom, Cosco and Shenhua tap Hong Kong's near-dormant market for new issues with deals of more than US$1.5b each Pricing will always play a key factor in determining ... pricing may prove to be more important than ever. China Shenhua Energy, Bank of Communications (Bocom) and Cosco Holdings will face not only a challenging equity market but also the prospect ...

  7. Record oil prices boon for majors

    Posted Aug 23rd 2004, 12:00am by Eric Ng

    ... buoyed by high oil prices and fat profit margins in petroleum and chemical products due to strong demand. PetroChina, the nation's largest oil producer, is forecast to report net profit ... billion yuan. The firm earlier reported that first-half oil production edged up 0.5 per cent as its average realised oil price rose 5.98 per cent to US$29.76 a barrel. This is despite its mainstay ...

  8. Hutchison launches price war with shot at 2G rivals

    Posted Feb 17th 2004, 12:00am by Ben Kwok

    ... could be the incentive price-sensitive consumers need to try the service, leading to eventual mass market uptake. Its first 3G handset in Hong Kong, the NEC 616, cost $4,380. Mr Fok denied ... but becomes more useful if the whole city is using one. But with 3G services now at 2G prices, analysts expect a full-scale price war to break out. 'For consumers, that's great. But for 2G ...

  9. Hutchison launches price war with shot at 2G rivals

    Posted Feb 17th 2004, 12:00am by Ben Kwok

    ... weeks into its commercial launch in Hong Kong, the company has offered a handset for less than $1,000- which could be the incentive price-sensitive consumers need to try the service, leading ... expect a full-scale price war to break out. 'For consumers, that's great. But for 2G operators, it's a bit of concern,' CLSA's Francis Cheung said. '[Operators] may ...

  10. PCCW still not happy despite pricing freedom

    Posted Oct 09th 2004, 12:00am by Stuart Biggs

    ... would be bad for the consumer. PCCW could now adopt a 'discriminatory pricing' policy, lowering rates in neighbourhoods where there was competition among carriers and leaving rates ... the freedom to set its own prices has not really made anyone happy. PCCW still has something to grumble about, for although the Office of the Telecommunications Authority (Ofta) will allow ...




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