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  1. A chance for Beijing to take stock of HK

    Posted Jun 25th 2012, 12:00am

    ... Wang Xiangwei When President Hu Jintao lands in Hong Kong on Friday for grand celebrations to mark the 15th anniversary of the city's return to the motherland and the inauguration of Leung Chun-ying's administration, he is widely expected to bea ...

  2. Audit report lashes EOC spending

    Posted Apr 23rd 2009, 12:00am by Staff Reporter

    ... of video conferencing system with low use: HK$105,500 Cost of 800 eco-friendly bags, even though 1,700 near-identical items were in stock: HK$20,400 Nightly cost of Raymond Tang's suite ... Albert Wong A report from the Director of Audit has criticised spending at the Equal Opportunities Commission ranging from a HK$15,200 dinner in Beijing to the payment of a HK$320 speeding ...

  3. Business - China Business

    Beijing's tariff move takes shine off solar stocks

    Posted Mar 12th 2013, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Concerns grow over returns on solar projects as Beijing plans to cut charges Tariff move takes shine off solar stocks Solar stocks fell after a media report said ... through incentives. Beijing planned to allow solar farms in the Xinjiang Uygur autonomous region to collect up to 85 fen (HK$1.05) per kilowatt-hour (kWh) from power distributors, the Shanghai ...

  4. Expensive lessons in life as greed rears its ugly head

    Posted Apr 07th 2008, 12:00am by Staff Reporter

    ... Al Guo in Beijing For 57-year-old Li Shuhong, the past year as a retail investor in the mainland stock market had taught her much more about life than the past five decades. 'Don't be greedy, and always remind yourself that good things will not fall down to you from heaven,' she said. Ms Li speaks from experience; her 200,000 yuan (HK$222,000) investment ...

  5. Property, financial stocks dive over tightening fears

    Posted Dec 18th 2007, 12:00am by Sandy Li

    ... Sandy Li and Natalie Chiu Rates and stricter lending worries spark sell-off in markets Mainland property and financial stocks tumbled yesterday over concerns the central government ... of the central government,' said Eric Yuen Chi-fung of Dao Heng Securities. Mr Yuen said mainland property stocks would be under selling pressure for the next two months. Yesterday, China Vanke- ...

  6. HK market falls despite stimulus vow

    Posted Jun 01st 2012, 12:00am

    ... yesterday. Even environmental stocks, which will be direct beneficiaries, remained flat. However, investment bank UBS said it expected infrastructure investment would rebound in the coming months. Shares of carmaker BYD rose 3.7 per cent to HK$16.20 shortly after opening following days of declines since an accident in which three people were killed when one of its electric vehicles caught ...

  7. Power stocks extend strong rebound on talk of Beijing raising tariffs

    Posted Apr 25th 2008, 12:00am by Eric Ng

    ... Eric Ng Mainland power stocks staged a strong rebound for the second consecutive day yesterday, as investors speculated that Beijing will raise power tariffs earlier than expected given the sector's dire profit outlook amid spiralling coal costs. China Resources Power Holdings, the fastest-growing listed power producer in terms of earnings, rose 9.87 per cent to HK$18.48. Huadian ...

  8. A boost for HK's yuan hub role

    Posted Aug 19th 2011, 12:00am

    ... non-financial mainland companies to issue yuan-denominated debt in Hong Kong, on a case-by-case basis in a tightly controlled market capped at 25 billion yuan (HK$31.1 billion). The remainder has been under consideration. And they are small steps typical of mainland economic policymakers. The Exchange Traded Fund linked to Hong Kong stocks, to allow mainlanders to enter the local stock market ...

  9. Beijing running out of options

    Posted Oct 12th 2011, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com Beijing has stepped in to rescue the ailing domestic stock market by using Central Huijin Investment to buy 200 million yuan (HK$244.5 million) ... in the next year after its recent purchase of shares on the secondary market, according to the banks' statements. But analysts said the stock purchases were more symbolic than substantive, ...

  10. HK will feel the pain, whatever Beijing does

    Posted Jan 25th 2010, 12:00am by Tom Holland

    ... relative terms) to HK$7.773. At the same time, with less support from favourable capital flows, the stock market has weakened, with the Hang Seng Index slumping 7.5 per cent from its early-January ... inflation. On the other hand, if Beijing does tighten monetary policy aggressively in an attempt to cool the overheating economy, Hong Kong's stock and property markets are likely to suffer ...




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