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  1. HK stocks follow sell-down in Asia

    Posted Mar 04th 2008, 12:00am by Nick Westra

    ... Nick Westra Hang Seng Index slips 3.07pc as investors take cue from Wall St dive amid bad news Hong Kong stocks joined a rout across Asia yesterday, tracking a sharp drop on Wall Street ... stocks have hit bottom,' said GF Securities analyst Zhang Wancheng. 'But the outlook is still cloudy since a big chunk of non-tradable shares will be unlocked [this month], draining ...

  2. HK stock plan may be extended to Shanghai

    Posted Aug 22nd 2007, 12:00am by Nevin Nie

    ... yesterday, rising 6.2 per cent to close at HK$123.30. European investment bank Credit Suisse raised its rating on the stock to 'neutral' from 'underperform' yesterday. Bank of China advanced 3.45 per cent to HK$3.90. Both stocks rose on the news mainland domestic investors would be investing in the city. The Shanghai Composite Index closed at 4,955.207 points, up 1.03 ...

  3. HK stocks good value, but not yet great value

    Posted Oct 02nd 2008, 12:00am by Tom Holland

    ... with Tom Holland When Hong Kong's stock market reopens today after a badly needed day off, it is likely that both short and long-term investors will find powerful reasons to buy. ... killing will buy local bank stocks. After the Hong Kong Monetary Authority announced a suite of liquidity support measures on Tuesday, the sector is likely to rebound especially vigorously. So ...

  4. HK stocks poised for a rough ride

    Posted Sep 16th 2008, 12:00am by Nick Westra

    ... Nick Westra Hong Kong stocks face a rough ride today as investors grapple with the fallout from Wall Street and the loss of iconic names that just last year appeared indestructible. 'The short term will be pretty much dominated by fear and uncertainty,' said Ben Kwong Man-bun, chief operating officer at KGI Securities. 'That means the market will face more ...

  5. Wall St strength, weak oil to revive HK stocks

    Posted Aug 11th 2008, 12:00am by Staff Reporter

    ... Neil Gough Hong Kong stocks are expected to open higher today, tracking Friday's surge on Wall Street as the price of oil plunged and the US dollar soared. Analysts said the Hang Seng ... in the coming days. 'I think the stock market will follow Wall Street to go a little bit higher because low oil prices have eased concerns about stagflation,' KGI Securities associate director ...

  6. HK stocks knocked off rebound course by news of SocGen fraud

    Posted Jan 25th 2008, 12:00am by Nick Westra

    ... and Clearing was one of seven blue-chip stocks that made gains yesterday, surging as much as 12.12 per cent before closing 4.32 per cent up at HK$176.40. The exchange operator benefited from an early ... after Wednesday's record-setting gains, she added. China Petroleum & Chemical Corp, Asia's largest oil refiner, led losses yesterday, diving 6.33 per cent to HK$8.43, after pacing ...

  7. China Investment Corp forecast to zoom in on HK stocks

    Posted Oct 02nd 2007, 12:00am by Staff Reporter

    ... of 27,142.47, lifting the market's capitalisation to exceed HK$20 trillion for the first time. The Hong Kong stock market was closed yesterday for the National Day holiday. ... banks, China Investment Corp will have at least tens of billions of US dollars to invest in foreign financial markets,' Mr Wong said. 'Hong Kong stocks will definitely be one of its top ...

  8. Rate cut sparks HK stocks rebound

    Posted Nov 10th 2007, 12:00am by Staff Reporter

    ... at Champlus Asset Management. 'It should be good news for property stocks.' New World closed up HK$1.50 or 5.32 per cent at a 10-year high of HK$29.70. Banks slashed their lending rates ... Daniel Ren in Shanghai and Maria Chan Property plays lift HSI while Shanghai benchmark posts biggest weekly drop in 9 years Hong Kong stocks, led by property developers expected to benefit ...

  9. Bearish tide begins to turn for HK stocks

    Posted Mar 26th 2008, 12:00am by Tom Holland

    ... Tom Holland Yesterday's 6.4 per cent jump in the Hang Seng Index owes a lot to the 4 per cent rebound in United States stocks over Friday and Monday while the local market was closed. But although Wall Street's rise might have been the immediate driver of yesterday's bounce, the rally was underpinned by a strengthening belief among investors that Hong Kong stocks ...

  10. Mainland government 'building stake' in HK stock exchange

    Posted Sep 27th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster The central government may be building a stake in Hong Kong Exchanges and Clearing, helping to fuel the rapid rise of the stock-market operator's share price, a British ... in financial markets in the wake of the subprime crisis. The Hang Seng Index has risen 30 per cent over the same period. HKEx, which operates Asia's third-largest stock market, said in a statement ...




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