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  • September 17, 2014
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  1. Business - Money - EQUITIES

    Stock investors buoyant despite small bounce from QE3

    Posted Nov 06th 2012, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Hong Kong shares are likely to continue to rise because of economic fundamentals, and not because of hot money flows into the city Stock investors buoyant despite small QE3 bounce The Hong Kong government may be increasingly worried about hot money pouring into the city, but stock market participants are playing it cool. The reason could ...

  2. New World stocks tumble on discount rights issue

    Posted Oct 19th 2011, 12:00am

    ... at steep discounts. NWD shares fell to a seven-year low, closing at HK$7.42, down 17.6 per cent from Monday, while stocks of subsidiary New World China Land (NWCL) dropped 25 per cent to HK$1.68, ... their balance sheets in an uncertain stock market. 'No one has absolute visibility as to what will happen with residential sales demand over the next one to two years,' Lee said. 'It ...

  3. Stock dives after shipbuilder unveils problems

    Posted Apr 02nd 2011, 12:00am

    ... Keith Wallis Shares in China Ocean Shipbuilding Industry Group dropped as much as 15.6 per cent yesterday morning after the medium-sized mainland shipbuilder admitted it faced a raft of financial issues. The problems included the cancellation of orders fo ...

  4. Warning by Beijing sends property stocks lower

    Posted Dec 16th 2009, 12:00am by Sandy Li

    ... Sandy Li Mainland property stocks tumbled across the board yesterday after Beijing warned that it would target 'excessive' growth in prices in some cities to eliminate speculators. Shares in China Overseas Land & Investment declined 5.9 per cent to HK$17.26 while Shimao Property Holdings fell 5.3 per cent to HK$15.72 and Guangzhou R&F Properties dropped 3.5 ...

  5. Shanghai project lifts Henry's stock 18pc

    Posted Feb 21st 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu A consortium led by Henry Group Holdings plans to invest about two billion yuan in a shopping centre in Shanghai, its first development project on the mainland, the company said yesterday. Shares of Henry Group closed 18 per cent up at HK$1.18 yesterday after the stock resumed trading. Henry Group announced that the company had agreed to acquire a 30 per cent stake ...

  6. US slowdown worries hammer HK stocks

    Posted Jan 08th 2008, 12:00am by Nick Westra

    ... Nick Westra Hong Kong stocks slid yesterday after the unemployment level in the United States jumped to a two-year high, sparking fears that the world's biggest economy is headed ... dropped 2.2 per cent to 152.63 points. US stocks retreated by the most in three weeks on Friday after a government report indicated that unemployment had risen to 5 per cent last month from 4.7 ...

  7. Stocks caution to play role in keeping the reins on HK dollar

    Posted Dec 28th 2007, 12:00am by Staff Reporter

    ... in the first quarter. Persistent demand on the currency was the reason behind the upward pressure, analysts said, noting the bull run in equities. Saying 'it all depends on the stock market performance', Andrew Fung Hau-chung, a deputy general manager at Hang Seng Bank, noted the recent correction in the local and A-share stock markets, as well as the stalling of the 'through ...

  8. I.T stock drops to record low after first-half earnings fall 66pc

    Posted Nov 01st 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Shares in fashion retailer I.T sank as much as 40 per cent intraday to hit a historical low yesterday after a 66 per cent decline in first-half earnings raised concerns about its outlook. The stock, which has fallen 87.8 per cent so far this year, fell to 30 HK cents before closing at 35.5 HK cents, down 29 per cent from the previous close. 'The stock price ...

  9. 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 morning rumour that the 'through-train scheme', which will allow mainlanders to invest in the Hong Kong stock market, could be implemented as early as May, Mr Lun said. ...

  10. Still time to fill those Christmas stockings

    Posted Dec 11th 2007, 12:00am by Jacqueline Tsang

    ... Shamima Chiba, owner of Art It Is, stocks a foldable chair made from recycled wine barrels (HK$1,800), a great gift for the husband or boyfriend, not to mention a good conversation starter. Stay ...




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