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Results 1 - 10 of 11 for currency crisis

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  1. Business - China Business - STOCKS

    Shares in crisis-hit NVC lose 25pc

    Posted Aug 16th 2012, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Boardroom battle, resignations, strikes and trouble with distributors send shares in NVC crashing down Over 25pc wiped off value of crisis-hit lighting firm More than 25pc wiped off value of crisis-hit lighting maker NVC NVC Lighting Holding shares lost more than a quarter of their value yesterday after the mainland firm disclosed a litany ...

    http://www.scmp.com/business/money/money-news/article/1015672/shares-crisis-hit-nvc-lose-25pc
  2. Business - Money - STOCKS

    A toast to 20 years of H-share listings

    Posted Jul 02nd 2013, 12:00am by Enoch Yiu

    ... into US dollars, yen, sterling or European currencies to buy machinery around the world," he said. Lee said that, most importantly, listing in Hong Kong also meant they had to comply ...

    http://www.scmp.com/business/money/markets-investing/article/1273458/toast-20-years-h-share-listings
  3. Business - Money - STOCKS

    World stocks fall as Portugal bond yield rises

    Posted Jul 04th 2013, 12:00am by BLOOM, Reuters

    ... Agencies Egypt adds to worries over euro-zone debt crisis but Wall Street steady on jobs data World stocks fall as Portugal yield rises Stocks fell around the world, led by Portugal as the nation's 10-year bond yield surpassed 8 per cent for the first time since November last year after two ministers quit. Crude oil rose above US$100 a barrel amid concern unrest in Egypt ...

    http://www.scmp.com/business/money/markets-investing/article/1274952/world-stocks-fall-portugal-bond-yield-rises
  4. Business - Banking & Finance - STOCKS

    Time to buy, StanChart tells local bargain-hunters

    Posted Apr 12th 2013, 12:00am by Jeanny Yu

    ... quarter, he said. Leung also said the appreciation of the yuan offered a steady rate of return. The mainland's currency could gain 2.1 per cent to reach 6.1 yuan to the US dollar by the end ...

    http://www.scmp.com/business/banking-finance/article/1212592/time-buy-stanchart-tells-local-bargain-hunters
  5. Business - Money - STOCKS

    Only way is up for HSI, say analysts

    Posted Dec 20th 2012, 12:00am by Toh Han Shih, Ray Chan

    ... overseas, they buy Hong Kong dollars, [pushing] up the Hong Kong dollar," he said. The HKMA stepped into the currency market late on Tuesday, selling HK$4.42 billion as the local currency ...

    http://www.scmp.com/business/money/markets-investing/article/1108594/only-way-hsi-say-analysts
  6. Business - Money - STOCKS

    Investors give China Vanke's share plan thumbs up

    Posted Jan 21st 2013, 12:05pm by PEGGY SITO AND RAY CHAN

    ... thumbs up Shares of China Vanke rose their 10 per cent daily limit yesterday after the country's largest developer by market value announced plans to move trading of its foreign-currency ... Commission created the B-share market in 1992 to help state-owned companies raise funds in foreign currencies. ...

    http://www.scmp.com/business/money/markets-investing/article/1132894/china-vanke-shares-soar-b-share-migration-hong-kong
  7. Business - Banking & Finance - STOCKS

    Goldman Sachs raises US$1b in ICBC share sale

    Posted Jan 29th 2013, 02:21pm by RAY CHAN AND JEANNY YU

    ... the investment bank cutting its holding in ICBC to zero before 2014," said Sanford C. Bernstein analyst Michael Werner. Since the global financial crisis, Goldman had been reducing its principal ...

    http://www.scmp.com/business/banking-finance/article/1138538/goldman-sachs-launches-us1b-sale-icbc-stock
  8. Business - Companies - STOCKS

    CIMC plans to relist B shares in HK

    Posted Aug 16th 2012, 12:00am

    ... the moribund hard-currency B-share market. The company said in a statement yesterday that the Shenzhen-listed B shares would be moved to the Hong Kong exchange, as it tries to escape the illiquid ... of Hong Kong Exchanges and Clearing. Beijing created the B-share market in 1992 as a way to help mainland firms raise foreign currency. The class-B shares are traded in US dollars on the Shanghai ...

    http://www.scmp.com/business/companies/article/1015649/cimc-plans-relist-b-shares-hk
  9. Business - Money - STOCKS

    Hang Seng Index breaks 22,000 on hot money surge

    Posted Dec 01st 2012, 12:00am by Enoch Yiu, RAY CHAN AND JEANNY YU

    ... money into Hong Kong. The Hong Kong Monetary Authority on Thursday had to sell HK$8.85 billion for US dollars to weaken the local currency as it again hit the HK$7.75 upper limit of the trading ...

    http://www.scmp.com/business/money/markets-investing/article/1094802/hang-seng-index-breaks-22000-hot-money-surge
  10. Business - Money - STOCKS

    Ray of hope for long-suffering B-share investors

    Posted Aug 13th 2012, 12:00am by Daniel Ren

    ... B shares are traded in foreign currencies. The China Securities Regulatory Commission (CSRC) created the B-share market in 1992 to help state-owned companies raise funds in foreign currencies ... B shares- originally slated for foreign investors only- with their own foreign currencies to boost liquidity. The move triggered a buying frenzy by domestic investors, and created an easy exit ...

    http://www.scmp.com/business/money/markets-investing/article/1008767/ray-hope-long-suffering-b-share-investors

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