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  • September 17, 2014
  • Last updated: 3:05am
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  1. Business - Money - STOCKS

    State media push for equity investing

    Posted Sep 05th 2014, 01:21am by BLOOM

    ... assets rose to a record US$2.1 trillion in the first half. The government's promotion of shares, which follows forecasts for gains this year from brokerages including Citigroup and Morgan ... with quality" and "How could the stock market be invigorated?" Authorities said this month that fees for individuals and institutions opening share accounts will be reduced by more than half ...

  2. Business - Companies - STOCKS

    Shares of China CNR and CSR Corp jump on resumption of trading

    Posted Sep 05th 2014, 02:51pm by CHIM SAU-WAI

    ... at HK$7.10, around half a per cent lower than Wednesday's close, before the trading halt, and CNR closed at HK$6.87, up less than 1 per cent. Turnover of CSR and CNR shares jumped to HK$409 ...

  3. Business - Money - STOCKS

    Cost of raising a child sinks hopes for China's baby-boom stocks

    Posted Aug 22nd 2014, 01:21am by BLOOM

    ... increased 4.9 per cent. Biostime sank to the lowest level since July last year on Wednesday after reporting first-half net income that trailed analysts' estimates, extending this year's ... overnight". Biostime shares are valued at 14 times estimated earnings for the next 12 months, down from a peak of 26 in November. Huishan Dairy's ratio of 11 is almost half its high of 20 times ...

  4. Business - Money - STOCKS

    Hang Seng Index to continue rise, say analysts

    Posted Aug 14th 2014, 01:28am by Toh Han Shih

    ... the government expected. Tang, however, said the index was not fully tied to the Hong Kong economy because more than half of its constituents were mainland firms. "The market now has a positive ... quantitative easing policy and raises interest rates. Tang and Green said they expected the US to raise rates in the second half of next year. The transition to higher US interest rates would ...

  5. Business - Money - STOCKS

    Mainland IPOs spark investor frenzy

    Posted Aug 15th 2014, 01:09am by BLOOM

    ... in the second half of 2010 saddled investors with losses within a year. Ding Yuan, a professor of accounting at the China Europe International Business School in Shanghai, said regulatory efforts ... a traditional Chinese medicine company, attracted bids worth 337 times the 350 million yuan of shares for sale after pricing its offering at 17.5 times earnings, about half the average level of listed ...

  6. Business - Money - STOCKS

    Taiex index braces for fall after touching 7-year high

    Posted Jul 04th 2014, 01:41am by BLOOM

    ... iPhone in the fourth quarter would also fuel gains for stocks, Shen said. New Apple products, including a larger iPhone might boost suppliers' second-half sales, Bloomberg Industries analyst ...

  7. Business - Money - STOCKS

    Investors told not to count on quota top-up

    Posted Apr 14th 2014, 05:07am by Enoch Yiu

    ... The new plan caps the mainland trade at 10.5 billion yuan per day and up to 250 billion yuan for the total scheme across 266 of Hong Kong's biggest stocks. This represents half the amount ...

  8. Business - Money - STOCKS

    Meet the new rally, same as the old rally

    Posted Sep 20th 2013, 12:00am

    ... in the first half, thanks to government tightening measures, and the first half of this year was no different. "In February, signals from the People's Bank of China were that credit would ... for Standard Chartered, said mainland banks tended to offer a lot of credit to firms in the first quarter, which prompted the government and central bank to tighten money supply in the first half ...

  9. Business - Companies - STOCKS

    Prince Frog's market value plummets after accusations of fake sales data

    Posted Oct 16th 2013, 03:37pm by Jeanny Yu

    ... companies listed in Hong Kong, Canada, the United States and Singapore, citing irregularities. The last target of Glaucus was Singapore-listed China Minzhong Food, which lost half of its market ...

  10. Business - Money - STOCKS

    ZTE shares rise after interim earnings forecast

    Posted Jul 23rd 2013, 12:07pm by BIEN PEREZ

    ... ZTE, the world's fifth-largest telecommunications equipment supplier, saw its shares surge yesterday after the company forecast a net profit for the first half of this year. ... rise in net profit for the first half to 302.34 million yuan (HK$382.1 million) from a year earlier. The company said it improved cost controls and focused on efficiency, which resulted ...




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