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  • October 24, 2014
  • Last updated: 5:02am
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  1. Business - Money

    HK lawmakers grill minister on launch of stock connect scheme

    Posted Oct 22nd 2014, 02:16pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Several lawmakers grilled a financial minister on Wednesday morning on whether the Occupy Central protests in Hong Kong have led to a delay of the stock through train scheme linking the stock exchange of the city with Shanghai. They raised the questions to Professor Chan Ka-keung, Secretary for Financial Services and the Treasury, in an oral ...

  2. Business - Money - STOCKS

    HK stocks hit by sell-off after US market tumbles

    Posted Oct 10th 2014, 12:00pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com Hong Kong stocks tumbled on Friday morning following a heavy sell-off in the US market on concerns over the global economy. The Hang Seng Index dropped ... scheduled for Friday. Banks and energy stocks were the index movers as their share prices slumped in the morning session. HSBC declined by about 1.4 per cent, CNOOC dropped by more than 3 per cent ...

  3. Business - Money - STOCKS

    HK stocks struggling to keep up momentum

    Posted Oct 07th 2014, 11:47am by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com The Hong Kong stock market has been struggling for direction in morning trade on Tuesday. The Hang Seng Index opened at 23,224 points, down 91 points from ... to HK$121.70, after the technology giant added 3 per cent on Monday. ...

  4. Business - Money - STOCKS

    Occupy Central protests keep pummelling HK stocks after holiday break

    Posted Oct 03rd 2014, 10:48am by RAY CHAN AND JEANNY YU

    ... Ray Chan and Jeanny Yu Hong Kong stocks slid on Friday morning after a two-day holiday break as the Occupy Central protests kept the market on the defensive while stocks in the rest ... to add to its Hong Kong equity portfolio, targeting those stocks with reduced valuations that have good earnings prospects. Market fundamentals remained strong, he said. The financial sector took ...

  5. Business - Money - STOCK MARKET

    Fat finger mistake may have caused HK$4.8 trillion stock order in Japan

    Posted Oct 02nd 2014, 04:50am by Bloomberg, AFP

    ... Agencies in Tokyo 'Fat finger' may have caused huge Tokyo order Trillions of yen worth of stock orders in some of Japan's biggest firms had to be cancelled yesterday, possibly as the result of a "fat finger" error. Over-the-counter orders were placed in the morning for shares for 67.78 trillion yen (HK$4.8 trillion) but were later cancelled, said ...

  6. Business - Money - LISTING

    Biscuit maker Jiashili raises HK$320m in stock debut

    Posted Sep 25th 2014, 12:19pm by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Mainland biscuit maker Jiashili’s share price closed moderately above their initial price on the Hong Kong stock exchange in morning trading on Thursday amid an improving market sentiment. Shares of Jiashili surged as high as 14 per cent before the mid-day closing at HK$3.8, 3.5 per cent above the offer price of HK$3.7. It raised HK$320 million by issuing ...

  7. Business - Money - TRADE

    Shipping stocks rally in Hong Kong as Baltic Dry Index surges

    Posted Oct 23rd 2014, 05:45am by JING YANG

    ... by Pacific Basin Shipping, which shot up 12 per cent to HK$3.89. The Hang Seng Index rose 1.37 per cent. "The shipping stock rally is a combination of seasonal factors, low stock valuations, ... Jing Yang jing.yang@scmp.com Freight surge buoys shipping shares An overnight surge in the dry commodity freight market in London sent Hong Kong shipping stocks soaring yesterday, ...

  8. Business - Economy - TYPHOON

    Typhoon Kalmaegi prevents morning trading on HK stock exchange

    Posted Sep 16th 2014, 09:58am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Morning trading on the Hong Kong stock exchange was cancelled on Tuesday as 63 kilometre per hour winds from Typhoon Kalmaegi buffeted the city, delaying flights and forcing commuters to stay at home. The city raised the No. 8 storm signal on Monday night, and will consider lowering it between 10am and noon on Tuesday ...

  9. Business - Money - MARKETS

    Brokers accept delay in stock through train scheme

    Posted Oct 20th 2014, 05:05am by Enoch Yiu

    ... delay in stock plan Brokers have accepted a slight delay of the through train scheme as they want the authorities to clarify the outstanding issues over tax and holidays before the launch of the plan to connect the stock markets of Hong Kong and Shanghai. Beijing has not yet announced a launch date although a government source told the South China Morning Post that Financial Secretary ...

  10. Business - Money - STOCKS

    China regulator tight-lipped on launch of stock connect scheme

    Posted Oct 18th 2014, 05:47am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Despite the lack of concrete news, HK and mainland regulators sign memorandum indicating final preparations for the pilot scheme are on Vital step, ... on the launch date of the through train. Other signs over the day indicated the countdown to the much-awaited stock connect scheme linking the mainland and Hong Kong stock markets has begun in earnest. ...




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