Star BofA Merrill Lynch analyst sacked after Hong Kong IPO is pulled

Star BofA Merrill Lynch analyst sacked after Hong Kong IPO is pulled

Tong Shaojing told the South China Morning Post he was fired from his job within days of a proposed Hong Kong listing of shares in the mainland-based Triplex Biosciences being put on hold.

Friday, 14 June, 2013, 10:25am 2 comments

Cultivate patience and time management skills

After graduating, Hill Yu Yee-fung (left) joined a US-based bank as an analyst. He left when a friend introduced him to the 'AXA Associates' professional training programme, aimed at shaping consultants. The AXA financial planner talks to Wong Yat-hei

What's your academic background?

27 Jan 2012 - 12:00am

Li Ning shares tumble on poor orders for 2011

Shares of sportswear maker Li Ning suffered a record loss in Hong Kong trading yesterday on the news of a decline in orders for apparel and shoes.

Li Ning's share price plunged 17 per cent to HK$17.62 in afternoon trading yesterday before closing at HK$ 17.88, down 15.8 per cent. It was the largest drop since it was listed in Hong Kong in June 2004.

21 Dec 2010 - 12:00am

Corrections & Clarifications

The story headlined 'Henderson struggles to shake off its mass-market roots' published yesterday wrongly stated that Eric Yuen is an analyst at Dao Heng Securities. He is head of research at GuocoCapital Limited.

10 Aug 2010 - 12:00am

Cocaine trace 'does not break rules'

A recent winner at Sha Tin had a banned substance in its system but no action will be taken as Jockey Club officials believe no rule has been broken.

The South China Morning Post believes the horse involved to be the John Moore-trained Ming Hoi Treasure and the banned substance to be cocaine.

27 Apr 2010 - 12:00am

Chui stood down after positive test

Freelance local jockey Marco Chui Kwan-lai has been stood down from riding after a urine sample provided before Wednesday's Happy Valley meeting tested positive for an unnamed prohibited substance.

19 May 2009 - 12:00am

Mainland stocks tumble 7.9pc in week as investors cash out

Mainland stocks fell yesterday in thin trading, bringing the weekly loss to 7.9 per cent, the biggest drop this year, as investors withdrew funds amid the faltering market.

28 Feb 2009 - 12:00am

Chinese Estates to report first loss in 6 years

Chinese Estates Holdings expects to report a loss for last year, its first red ink since 2002 amid a bruising downturn in the mainland and Hong Kong property markets.

Analysts said other landlords were also likely to post net losses for 2008 because of the deteriorating property market.

27 Feb 2009 - 12:00am

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

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.

1 Nov 2008 - 12:00am

Disasters leave PICC with deficit of 292m yuan

PICC Property and Casualty, the country's largest non-life insurer, recorded its second successive half-year loss because of large claims related to the two catastrophes on the mainland this year, but promised to impose 'strict controls' on costs.

20 Aug 2008 - 12:00am

StarMine awards rank analysts against their peers based on earnings calls and returns

StarMine measures the performance of analysts based on the returns of their buy and sell recommendations and the accuracy of their earnings estimates. The 2007 awards are based on the 2007 calendar-year performance of recommendations and estimates of companies that are based in Hong Kong and China.

3 Aug 2008 - 12:00am

Under pressure

The government suffered a major setback with the food labelling defeat in Legco. Do you agree with one analyst that this could spell the 'end of the era of executive-led governance'? Write to us.

30 May 2008 - 12:00am

Big and innovative lenders gain favour

Profit growth at mainland lenders is expected to slow this year as tighter lending policies squeeze interest income, which traditionally contributes up to to 80 per cent of earnings.

28 Apr 2008 - 12:00am

What the analysts think

Alex Tam Chi-wai, analyst, CSC Securities

Pros: Demand for cornstarch and its products is surging globally

Cons: Cost of corn will continue to rise

Kenny Tang Sing-hing, associate director, Tung Tai Securities

Pros: Demand for cornstarch will continue to rise because of the demands of the food and beverage industry

13 Sep 2007 - 12:00am

Property firms cash in as HSI hits new heights

Mainland steel and oil stocks surge on analyst upgrades

The Hang Seng Index hit a record for the third consecutive day on analysts' earnings upgrades for mainland steel and oil companies while a number of property firms raised cash through share placements.

25 Jul 2007 - 12:00am