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  • July 27, 2014
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  1. News - China Insider - TECHNOLOGY

    Xiaomi founder Lei Jun donates HK$93 million worth of stocks to employees

    Posted Jul 08th 2014, 05:56pm by Jeremy Blum

    ... Jeremy Blum jeremy.blum@scmp.com Each employee will receive 1,000 shares worth about HK$23,400 in total Xiaomi founder Lei Jun, a businessman often dubbed the “Steve Jobs of China”, recently donated HK$93 million worth of stocks to the employees of his company Kingsoft. In an internal e-mail distributed to Kingsoft employees on July 7, company chairman Lei said that Kingsoft’s ...

    http://www.scmp.com/news/china-insider/article/1549689/xiaomi-founder-lei-jun-donates-hk93-million-worth-stocks
  2. Business - Money - THE INSIDER ROBERT HALILI

    Buyers remain busy while sellers pick up the pace in Hong Kong stock transactions

    Posted Jul 21st 2014, 03:18am by Robert Halili

    ... after on 83 per cent of those acquisitions. The stock closed at HK$1.52 on Friday. Chairman and founder Guo Ziwen recorded his first on-market trades in developer China Aoyuan Property Group since the stock was listed in October 2007, with 11.32 million shares purchased from July 11 to 14 at an average of HK$1.36 each. The trades increased his holdings to 1.308 billion shares ...

    http://www.scmp.com/business/money/money-news/article/1556910/buyers-remain-busy-while-sellers-pick-pace-hong-kong-stock
  3. Business - Money - MARKETS

    Stocks link with mainland takes Hong Kong market to three-year high

    Posted Jul 25th 2014, 02:10am by JEANNY YU AND RAY CHAN

    ... Jeanny Yu and Ray Chan Funds flow into Hong Kong, driven by stocks link-up with mainland and optimistic outlook Mainland link takes stocks to three-year high Hong Kong stocks rallied to finish at a three-year peak yesterday and are on course to test record highs. The market was driven by a strong flow of funds into the city ahead of the Hong Kong-mainland stock connect scheme ...

    http://www.scmp.com/business/money/markets-investing/article/1558544/stocks-link-mainland-takes-hong-kong-market-three
  4. Business - Money - EQUITIES

    Cheap China stocks lure arbitrage players

    Posted Jul 15th 2014, 01:31am by BLOOM

    ... yuan (HK$29.3 billion) of daily cross-border trading, opening up the mainland market further to foreigners while giving wealthy mainland investors a route to buy Hong Kong stocks ... Bloomberg The price gap between shares listed in Hong Kong and Shanghai is expected to narrow as mainland market opens up to foreign investors Cheap mainland stocks lure arbitrage players ...

    http://www.scmp.com/business/money/markets-investing/article/1554289/cheap-china-stocks-lure-arbitrage-players
  5. Business - Money - MARKETS

    Limited upside seen for Hong Kong stocks in second half

    Posted Jul 01st 2014, 04:05am by Benjamin Robertson

    ... Limited upside seen for HK stocks Concerns about the mainland economy and tinkering by the central bank contributed to a lacklustre first half for local markets, and analysts say the outlook ... and "provided a fillip to the property sector as well as other high-yielding stocks within the utilities and telecommunications", said Mark Konyn, the chief executive of Cathay Conning Asset ...

    http://www.scmp.com/business/money/markets-investing/article/1543901/limited-upside-seen-hong-kong-stocks-second-half
  6. Business - Money - STOCKS

    New stocks Dynagreen and Hanhua end first day on firm note

    Posted Jun 20th 2014, 12:59am by Ray Chan

    ... on firm note Two companies- Dynagreen Environmental Protection Group and Hanhua Financial Holding- delivered positive performances in their first trading session on the stock market yesterday ... company, surged as much as 14.8 per cent in the morning before finishing at HK$3.77- 9.3 per cent above its offer price of HK$3.45. Shares in microcredit lender Hanhua, which raised HK ...

    http://www.scmp.com/business/money/markets-investing/article/1536454/new-stocks-dynagreen-and-hanhua-end-first-day-firm
  7. Business - Money - MARKETS

    Thai stock exchange chief urges Hong Kong investors to return to troubled nation

    Posted Jun 13th 2014, 05:57am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Stock exchange president says it is safe to return to strife-hit country as prospects are improving Thai bourse woos HK investors The head of Thailand's ... sales this year, and the market was on track to meet the exchange's annual target of US$8 billion. The daily turnover of Thai stocks stood at 50 billion baht (HK$11.9 billion), even after ...

    http://www.scmp.com/business/money/markets-investing/article/1531156/thai-stock-exchange-chief-urges-hong-kong-investors
  8. News - Hong Kong - COURTS

    Rafael Hui did not declare HK$2.4 million of loans, trial told

    Posted Jul 23rd 2014, 04:00am by Austin Chiu

    ... HK$2.4m of loans' Rafael Hui Si-yan did not declare to the Mandatory Provident Fund Schemes Authority chairman two loans totalling HK$2.4 million he obtained from a Sun Hung Kai Properties ... and August 2003. Referring to documents, prosecutor Joseph Tse Wah-yuen SC said Hui obtained a loan of HK$900,000 and another of HK$1.5 million from Honour Finance Company, an SHKP subsidiary, ...

    http://www.scmp.com/news/hong-kong/article/1557317/rafael-hui-did-not-declare-hk24-million-loans-trial-told
  9. Business - Money

    Hong Kong stocks end flat on disappointing China data

    Posted Mar 11th 2013, 01:45pm by Agence France-Presse

    ... on Wall Street. The benchmark Hang Seng Index edged down 1.13 points to 23,090.82 on turnover of HK$59.03 billion. The US Labor Department said the economy generated a net 236,000 new jobs ... Dow Jones Newswires. China Mobile rose 0.48 per cent to HK$84.60, HSBC added 0.35 per cent to HK$85.25 and Bank of China (HK) climbed 1.89 per cent to HK$26.90. Among the losers, Foxconn ...

    http://www.scmp.com/business/money/stock-talk/article/1188278/hong-kong-stocks-end-flat-disappointing-china-data
  10. News - China - DIPLOMACY

    China opens HK$100 billion door to German investors

    Posted Jul 07th 2014, 03:38pm by Cary Huang

    ... opens stock market to German investors China will allow Germans to invest up to 80 billion yuan (HK$100 billion) in China's stock exchange, a move that will help boost the fragile market ... of investment under the scheme by 71 domestic and foreign institutions. Analysts said the move would help China's struggling stock market, and yuan-denominated investment would help ...

    http://www.scmp.com/article/1548730/china-opens-hk100-billion-door-german-investors

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