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  • April 19, 2014
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  1. HK blue chips bounce back on Wall Street and mainland gains

    Posted Oct 24th 2007, 12:00am by Nevin Nie

    ... points or 1.87 per cent at 5,773.387. Share markets in Japan, South Korea, Indonesia and the Philippines also were up, with gains ranging from 0.07 per cent to 4.1 per cent. Wall Street stocks ... of HK$7.7502 per US dollar. The currency eased to HK$7.7517 at one point yesterday after the city's de facto central bank sold HK$775 million for US dollars in the afternoon, but it rose ...

  2. 25pc of city's Japanese restaurants may go bust

    Posted Apr 04th 2011, 12:00am

    ... Ng Kang-chung A quarter of the city's Japanese restaurants face going out of business in the next two months because customers, fearful of radiation-tainted food, are staying away ... already asked officials to issue safety certificates for food imported from Japan. 'Maybe restaurants can put the certificates on the walls,' Wong said. In a bid to reassure diners, ...

  3. Investors in mainland banks just another brick in the wall

    Posted Mar 26th 2010, 12:00am by Tom Holland

    ... with Tom Holland Zhu Min, deputy governor of the People's Bank of China, thinks mainland bank shares are a bargain. 'The Chinese banking sector is still very much undervalued,' he told the ranks of fund managers at Credit Suisse's inve ...

  4. Mainland shares retreat in wake of Wall St drop to 12-year low

    Posted Feb 25th 2009, 12:00am by Nick Westra

    ... Daniel Ren in Shanghai and Nick Westra Mainland stocks fell yesterday, weighed down by a full plate of negative news after Wall Street skidded close to a 12-year low on Monday. But brokers ... chips fell. Markets across the Asia-Pacific followed the US market with the MSCI Asia Pacific Index falling 1.8 per cent to 74.92 points, the lowest since August 2003. Wall Street edged up ...

  5. Wall St gains lift stocks but dark clouds loom

    Posted Feb 10th 2006, 12:00am by Staff Reporter

    ... benefiting from Wednesday's gain on Wall Street, but analysts warned the recovery could be short-lived. Annual corporate results, interest rates, oil and commodity prices, and bird flu were some ... on Tokyo and Wall Street, which both rose more than 1 per cent. Turnover shrank to the lowest in two weeks, with $30.08 billion worth of shares traded, compared with $34.78 billion on Wednesday. ...

  6. HSI tumbles 3.25pc after Wall St slump

    Posted Nov 03rd 2007, 12:00am by Staff Reporter

    ... Wall Street's 2.6 per cent slide on Thursday. Analysts said they expected the market to drop 3,000 to 4,000 points before finding support at the 28,000-point level in the near term. ... slump, with most of them slipping more than 1 per cent. Shanghai closed 2.31 per cent lower at 5,777.809 points. Wall Street stocks fell further yesterday, with the Dow Jones Industrial Average ...

  7. Wall St and banks set pace for index rebound

    Posted Aug 20th 2004, 12:00am by Staff Reporter

    ... Anette Jonsson Hong Kong stocks posted their best performance in two weeks yesterday as a rally on Wall Street and strong earnings from BOC (Hong Kong) and mid-size lender Wing Hang Bank ... a technical rebound stimulated by the overnight gains on Wall Street,' one equity salesman said. The H-share index jumped 2.52 per cent or 101.33 points to 4,123.08, marking its strongest ...

  8. Punters play it safe as Wall St takes a holiday

    Posted Nov 28th 2003, 12:00am by Staff Reporter

    ... return.' The mainland's largest insurer, China Life, will start the roadshow for its US$2.5 billion IPO on Monday, while Great Wall Automobile is seeking to raise up to HK$1.52 billion from ...

  9. Stocks join global trend in wake of Wall St rally

    Posted Nov 14th 2003, 12:00am by Staff Reporter

    ... to buy stocks across the board after a late-session rally on Wall Street left the Dow Jones Industrial Average 1.14 per cent stronger at a level near its year high. The Nasdaq Composite Index ...

  10. Hong Kong stocks ride record close on Wall St

    Posted Jan 16th 2007, 12:00am by Staff Reporter

    ... Lee Yuk-kei Hang Seng Index recovers above 20,000 as banking and property stocks lead rally Hong Kong stocks rebounded strongly yesterday, recouping a huge portion of last week's losses, mainly on the back of gains in the United States and other over ...




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