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  1. HK stocks of French poultry get the all-clear

    Posted Feb 27th 2006, 12:00am by Patsy Moy

    ... certificates and we will continue to allow the current stock to be put up for sale in Hong Kong,' she said. Simon Miller-Jones, managing director of HK Dining, which has a French restaurant, Le ... Central, said its stock of poultry meat and goose liver would last about a week. Restaurant worker Edmond Lam said foie gras at $130 a dish was one of its most popular items. 'We do not know ...

  2. China Insurance seeks HK$626m from placement as stock rallies

    Posted Dec 05th 2006, 12:00am by Staff Reporter

    ... discount to yesterday's closing price of HK$8.67. The stock has surged 162.7 per cent this year. Cazenove is the placing agent of the offering. 'The deal came to the market at the right time since most mainland insurance and financial stocks soared to fresh highs recently,' a fund manager involved in the offering said. China Insurance reported net profit of HK$328 million ...

  3. HK stocks ignore regional downturn

    Posted Nov 03rd 2006, 12:00am by Staff Reporter

    ... and UBS raised their price target for the stock to between HK$70 and HK$80, citing the potential for revenue growth. HSBC Holdings rose 1.01 per cent to a record HK$150.20, contributing 17.71 per ... Lee Yuk-kei Massive influx of capital sees Hang Seng Index rise to record high despite data pointing to US slowdown Hong Kong stocks rose yesterday for the third consecutive day, bucking ...

  4. Great Eagle director cashes in HK$783m of stock

    Posted Sep 30th 2006, 12:00am by Carol Chan

    ... Wong Ka-chun and Carol Chan Great Eagle Holdings' deputy managing director Lo Kai-shui raised at least HK$783 million by selling the property investor's shares, capitalising on the stock's recent rally. Mr Lo sold 29 million Great Eagle shares at HK$27 each, a 4.93 per cent discount to the stock's close yesterday of HK$28.40 or a 6.54 per cent discount to the five-day ...

  5. Fed chief remarks guide HK stocks to 6-year high

    Posted Oct 06th 2006, 12:00am by Staff Reporter

    ... highest since July 21, 2000. The rally set a new high for Hong Kong's market capitalisation at HK$10.81 trillion, according to the stock exchange. It was the market's eighth-busiest day ... Kong (Holdings) added 1.57 per cent to finish at HK$84.30. The prospect of a stronger yuan also led to more money becoming available to buy stocks, analysts said. 'Speculation on yuan ...

  6. HK stocks near six-year high on Fed pause

    Posted Aug 10th 2006, 12:00am by Staff Reporter

    ... Foster Wong Hong Kong stocks rose to a near six-year high yesterday as a pause in the cycle of US interest rate increases spurred investors' buying. The exchange's market capitalisation hit a new high of HK$10.29 trillion. Riding on rallies by China Mobile and HSBC Holdings, the benchmark Hang Seng Index posted its third straight day of gains to close up 298.38 points, ...

  7. China port-building leader taps market with HK$16b stock offer

    Posted Nov 28th 2006, 12:00am by Staff Reporter

    ... Tim LeeMaster China Communications Construction, the largest port builder in the mainland, plans to raise as much as HK$16.1 billion in an initial public offering, market sources say. The firm plans to sell 3.5 billion new shares at between HK$3.40 and HK$4.60 each, or 13 to 18 times forecast earnings next year. A 15 per cent overallotment option could lift the offering ...

  8. China Coal seeks to raise HK$13b in stock offering

    Posted Nov 30th 2006, 12:00am by Carol Chan

    ... Carol Chan Strategic investors American Metals and First Reserve to buy US$125m stakes China Coal Energy, the mainland's second-largest coal miner, aims to raise up to HK$13.15 billion in a Hong Kong initial public offering next month to fund expansion and has set an indicative price range of HK$3.20 to HK$4.05 for the shares, market sources said. The firm, which began ...

  9. HK stocks surge as concern on rates eases

    Posted Jun 17th 2006, 12:00am by Staff Reporter

    ... Charis Yau Fed chairman Ben Bernanke's message about US economy kick-starts region The Hong Kong stock market posted its biggest gain in almost two years yesterday as interest rate ... Thursday's $26.71 billion. HSBC Holdings rose 1.72 per cent to $135.60 and China Mobile climbed 4.21 per cent to $42. The two stocks, whose weightings account for about half of the index, contributed ...

  10. Bank's HK debut leads stocks to two-year high

    Posted Jun 02nd 2006, 12:00am by Staff Reporter

    ... in Hong Kong. Dealers said the lender's strong performance, a rise of 15.25 per cent, buoyed investor confidence across the board, with steel stocks in focus amid speculation on takeovers ... Beijing's efforts to boost the stock market. The Shanghai Composite Index, which tracks A and B shares rose 42.89 points or 2.61 per cent to close at 1,684.19. The Shenzhen Composite Index gained ...




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