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  • July 14, 2014
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  1. Business - Money

    China shares fall in sharp reversal, Hang Seng slips

    Posted Jan 24th 2013, 05:28pm by Reuters in Hong Kong

    ... Apple suppliers hit by disappointed quarterly revenue results Hong Kong shares slipped for a second-straight day on Thursday, falling further away from chart resistance that had stymied ... profit on recent outperformers, triggering a sharp intra-day reversal that left benchmark indexes vulnerable to further losses in the near term. Weakness in mainland markets dragged on Hong Kong ...

    http://www.scmp.com/business/money/markets-investing/article/1135226/china-shares-fall-sharp-reversal-hang-seng-slips
  2. Business - Companies

    Graft trial adjourns for billionaire Kwok brothers

    Posted Oct 12th 2012, 12:53pm by Reuters in Hong Kong

    ... The billionaire Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case ... corruption in the government and police. Thomas and Raymond Kwok run Sun Hung Kai Properties, the world’s second-largest property developer by stock-market value. The Kwok family is Hong Kong ...

    http://www.scmp.com/business/companies/article/1059470/hong-kongs-billionaire-kwok-brothers-face-court-graft-charges
  3. Business - Money

    Asian markets slump due to fears over central bank stimulus

    Posted Jun 13th 2013, 05:39pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asian markets dived Thursday, with Tokyo’s Nikkei losing more than six per cent, while the dollar hit 10-week lows against the yen on expectations ... cent since hitting its peak last month, putting it in a bear market. Hong Kong shed 2.19 per cent, or 467.62 points, to end at 20,887.04 while Sydney ended 0.61 per cent lower, giving up 28.7 ...

    http://www.scmp.com/business/money/market-snapshot/article/1260001/asian-markets-slump-due-fears-over-central-bank
  4. Business - Companies

    CK Life Sciences buys top Australian salt producer

    Posted Nov 29th 2012, 03:13pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asia’s richest man Li Ka-shing is buying Australia’s largest salt producer Cheetham Salt in a deal worth US$157 million, a subsidiary of his Cheung Kong ... Kong Life Sciences chief executive officer Kam Hing-lam said in a statement. CK Life Sciences, chaired by Li’s eldest son and heir to his Cheung Kong conglomerate, Victor, is involved ...

    http://www.scmp.com/business/companies/article/1093823/ck-life-sciences-buys-top-australian-salt-producer
  5. Business - Companies

    Tse Sui Luen chief not worried by possible limit on mainland visitors

    Posted May 31st 2014, 12:59am by TIFFANY AP

    ... Jewellery brand Tse Sui Luen's chief executive Annie Yau Tse said the company's growth would not be severely affected if Hong Kong restricted the number of mainland visitors to the city. "It would certainly impact the retail industry," Tse said at the firm's results briefing yesterday. "But as for TSL, with our network of 28 outlets in Hong Kong- it's ...

    http://www.scmp.com/business/companies/article/1522219/tse-sui-luen-chief-not-worried-possible-limit-mainland-visitors
  6. Comment - Blogs - MR. SHANGKONG

    Avian visitor curries favour with Hong Kong

    Posted May 07th 2013, 11:11am by George Chen

    ... George Chen george.chen@scmp.com The Hong Kong government has been worried about how to boost local spending for some years, and apparently this yellow duck is doing its bit for the local economy That duck - don’t pretend you don’t know the one I’m talking about - is the talk of the town. Hong Kong has never had trouble dreaming up new and varied ways to stay in the spotlight ...

    http://www.scmp.com/comment/blogs/article/1232111/avian-visitor-curries-favour-hong-kong
  7. Business - Money - TRADING

    Hong Kong brokers urged to diversify as they lose out to fund houses

    Posted Jul 14th 2014, 03:09am by Enoch Yiu

    ... innovation in recent years such as ETFs, sector funds, inverse funds, etc, and that accounts for much of the growth. And of course, the proximity of the giant Chinese market makes Hong Kong a natural headquarters for a regional funds strategy." Mark Konyn, the chief executive of Cathay Conning Asset Management, said his fund house chose Hong Kong as its Asian hub in 2011 because ...

    http://www.scmp.com/business/money/markets-investing/article/1553565/hong-kong-brokers-urged-diversify-they-lose-out
  8. Business - Money - MARKETS

    Hong Kong fund houses bypass brokers as fund size hits HK$16 trillion

    Posted Jul 09th 2014, 05:19am by Enoch Yiu

    ... the attractiveness of Hong Kong as an assetmanagement centre in Asia," she said. But she played down concerns that the figures also showed that brokers, who constantly complain the government has ... Enoch Yiu enoch.yiu@scmp.com Fund houses pass brokers as managed assets grow The number of fund houses in Hong Kong surpassed the number of brokerage firms in May as the size of locally ...

    http://www.scmp.com/business/money/markets-investing/article/1549931/hong-kong-fund-houses-bypass-brokers-fund-size-hits
  9. Business - Money - IPO WATCH

    Hong Kong needs to show it has liquidity to attract big listings

    Posted Mar 24th 2014, 04:45am by Ray Chan

    ... on Alibaba's snubbing of Hong Kong for its blockbuster listing focused on the regulatory and legal hurdles posed by the e-commerce giant's management structure. But this skirts around a greater challenge faced by the local exchange. The most pressing question now is whether Hong Kong Exchanges and Clearing can compete with bigger global-oriented bourses that can offer large mainland ...

    http://www.scmp.com/business/money/markets-investing/article/1455802/hong-kong-needs-show-it-has-liquidity-attract-big
  10. Business - THE VIEW

    Hong Kong's financial fireworks

    Posted Jul 04th 2014, 01:39am by RICHARD HARRIS

    ... Richard Harris White paper marks the start of a new investment model where Hong Kong is a city within China Financial fireworks Fireworks Day in Britain commemorates a failed anarchist, ... with a tremendous bang. The reverberations caused by the central government's white paper on Hong Kong are similarly dramatic- not least because they came without the warning to "stand back"! ...

    http://www.scmp.com/business/article/1546117/hong-kongs-financial-fireworks

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