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  1. News - Hong Kong - COURTS

    Cyberattack on stock exchange website denied

    Posted Sep 25th 2012, 12:00am by Joyce Man

    ... Joyce Man joyce.hyman@scmp.com Trial starts of businessman accused of launching raids, forcing shutdown of HKEx site last year Cyberattack on stock exchange website denied A businessman accused of unleashing a cyberattack on the stock exchange website and showing how to launch such a raid has gone on trial. Tse Man-lai 28, pleaded not guilty in the District Court yesterday to two ...

  2. Strong growth spurs 10pc rise in Kingdee stock

    Posted Mar 17th 2011, 12:00am by Sophie Yu

    ... Sophie Yu Shares of Kingdee International Software Group, a major provider of enterprise resource planning software on the mainland, yesterday jumped 10.1 per cent to HK$5.13 as the company announced the strongest growth in seven years. The firm posted re ...

  3. Subsidy cut drives mainland car stocks down

    Posted Jan 04th 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing The mainland scrapped subsidies for new car purchases at the weekend- following an earlier increase in sales taxes on small-engined cars- in a move that pushed car stocks lower when markets opened yesterday. Shares in Great Wall Motor, the country's largest maker of sport-utility vehicles, fell 7.9 per cent to close at HK$22.10; Guangzhou Automobile ...

  4. Solar energy stocks surge on subsidies

    Posted Mar 28th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Solar energy stocks outperformed the Hong Kong market yesterday after Beijing announced subsidies for equipment installation and a pledge to push the adoption of the clean energy. Analysts said a surge in solar stocks in the US on Thursday also helped similar stocks in Hong Kong. Mainland solar panel equipment maker Solargiga Energy and China Singyes Solar ...

  5. Telecoms stocks rise strongly on 3G licence hopes

    Posted Jan 03rd 2009, 12:00am by Staff Reporter

    ... Fulton Mak Mainland telecommunications stocks surged yesterday on expectations that Beijing would soon begin issuing 3G licences. China Unicom led the rally among the three ... at HK$3.07, up 6.23 per cent. China Mobile, the world's largest phone operator by users, rose 4.37 per cent to HK$81.20. The stocks rose on news that the State Council on Wednesday gave the green ...

  6. IT stocks advance on news of stimulus plan

    Posted Feb 20th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung Mainland information technology shares rallied yesterday after Beijing unveiled a stimulus package for the sector that could result in the investment of 600 billion yuan (HK$680.58 billion) over three years. Market analysts said the new po ...

  7. Telecoms stocks slide over number portability

    Posted Sep 12th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Mainland telecommunications stocks suffered massive sell-offs yesterday after it emerged the industry regulator will introduce measures allowing customers to keep their existing mobile telephone numbers when changing service providers. China Mobile, widely expected to be the loser under a number portability system, slid 5.29 per cent to HK$77, the lowest since ...

  8. Stocks down but financial websites hope for lift

    Posted Feb 13th 2008, 12:00am by Staff Reporter

    ... for the latest stock tips and market outlooks. That could provide rich pickings for financial websites. Market watchers said online advertising, which last year accounted for less than 5 per cent of Hong Kong's advertising pie, is set to increase as more investors seek real-time information on their favourite stock or company. Quamnet, a homegrown financial website that has been operating ...

  9. China Mobile to sell existing stock for A-share listing

    Posted Mar 22nd 2007, 12:00am by Staff Reporter

    ... market. The China Securities Regulatory Commission, the stock market watchdog, earlier this year encouraged Hong Kong red chips to seek A-share listings and said it would remove hurdles preventing ...

  10. Datang profit warning sees stock tumble

    Posted Apr 06th 2007, 12:00am by Staff Reporter

    ... about 38 per cent this year, closed at 17.72 yuan, down from 19.69 yuan on Wednesday. The mainland telecommunications equipment vendor said in a statement to the Shanghai Stock Exchange ... connectivity. The market has long speculated that Datang Telecom and Datang Mobile would be restructured to pave the way for the mobile arm to list in the mainland stock market to help fund its 3G ...




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