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  • October 26, 2014
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  1. Property plays rally on land sales hopes

    Posted Oct 11th 2003, 12:00am by David Robinson

    ... Liquidity surge, US jobs data help fuel 1.1 per cent index rise The stock market closed higher yesterday, driven by blue-chip developers as expectations grew that land sales would resume next year and indications the United States economic recovery was ga ...

  2. Upgrades and downgrades

    Posted Oct 11th 2003, 12:00am by David Robinson

    ... HOLD BOC Hong Kong (Holdings) Lehman Brothers has downgraded its rating on BOCHK to 'equal-weight'. Analyst Tracy Yu said: 'The market has discounted the benefits to BOCHK from the forecast economic upturns, but not the interest-rate risks ...

  3. Upgrades and downgrades

    Posted Sep 09th 2003, 12:00am by David Robinson

    ... BUY SCMP Group Credit Suisse First Boston has upgraded its rating on the counter to 'outperform' on the view its earnings have bottomed while the stock still trades at a near cyclical low. Analyst Marisa Ho has revised the group's 12-month ...

  4. HSI succumbs to weak US data

    Posted Sep 09th 2003, 12:00am by David Robinson

    ... Analysts foresee period of consolidation in run-up to September 11 anniversary Stocks dipped yesterday after five days of gains, as weak United States jobless data prompted concerns that equity gains may be outpacing earnings prospects. Market watchers sa ...

  5. Upgrades and downgrades

    Posted Sep 06th 2003, 12:00am by David Robinson

    ... BUY CNOOC DBS Vickers Securities has maintained its 'buy' rating on the dominant offshore oil producer following a better than expected 6.33 billion yuan (HK$5.93 billion) interim net profit, an increase of 75 per cent against last year, and a h ...

  6. John Snow's visit fuels revaluation case

    Posted Sep 05th 2003, 12:00am by David Robinson

    ... Analyst believe the yuan may be allowed to appreciate against the US dollar soon United States Treasury Secretary John Snow may not have broken any new ground this week as he took his case for yuan revaluation to Beijing but his visit added momentum to ma ...

  7. PCCW looks to pay-TV future

    Posted Sep 03rd 2003, 12:00am by David Robinson

    ... Analysts are mixed on NOW Broadband and its potential impact on earnings When Hong Kong's biggest telecommunications firm reported its results last week, investors were looking for signs that the decline in its market share was slowing and healthier ...

  8. Sun shines on Asian equities

    Posted Aug 28th 2003, 12:00am by David Robinson

    ... Cash inflows and low prices have revived fund managers' interest in regional stocks Regional equities have shined this summer as the global investment outlook towards Asia has brightened. Fund managers said the driving momentum had been cash coming o ...

  9. Sinopec paces slide in H shares

    Posted Aug 26th 2003, 12:00am by David Robinson

    ... Shares of China's largest oil refiner, China Petroleum & Chemical (Sinopec) fell 8.08 per cent to $2.275 yesterday after the state-owned company posted a lower than expected second-quarter net profit of 4.28 billion yuan (HK$4.01 billion), down 1 ...

  10. Upgrades and downgrades

    Posted Sep 23rd 2003, 12:00am by David Robinson

    ... HOLD Esprit Holdings ING Financial Markets has downgraded its rating on the retailer to 'hold' as the bank sees little upside for the stock. Analyst Amelia Mehta said the retailer was trading close to her new target price of $21 after results th ...




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