H Share

Fujian broker mulls Hong Kong float in expansion

The mainland share market has been on a bearish run for the past three years, shrinking the income of securities firms. Photo: Reuters

Industrial Securities, a medium-sized brokerage on the mainland, is considering a listing in Hong Kong as it follows bigger domestic rivals in exploring overseas markets.

Friday, 12 April, 2013, 5:43am

Index can't shake off the blues

The Hong Kong stock exchange yesterday announced rules that will shrink the pool of stocks market players can sell short, as the Hang Seng Index fell below 20,000 for the first time since January 19.

The index fell for a seventh consecutive day on continuing bad news from the euro zone and disappointing economic data from the mainland.

12 May 2012 - 12:00am

Key index slides for fourth day

The Hang Seng Index saw its fourth straight day of losses yesterday, led by yet another steep drop for the beleaguered Sun Hung Kai Properties.

The key index slid 0.16 per cent to 20522.26 while Sun Hung Kai Properties fell 2.18 per cent to close at HK$94.4, topping the mainboard in terms of turnover.

3 Apr 2012 - 12:00am

Stock market forecasts look absurdly over-optimistic

It's that time of year again when Hong Kong's army of stock market analysts try to drum up a little interest by publishing their forecasts for the next 12 months.

It has to be said that their record over recent years has hardly been a model of accuracy.

7 Dec 2011 - 12:00am

Great Wall takes a fall on debut

Shares in Great Wall Motors slumped 8.9 per cent on their Shanghai trading debut yesterday amid cooling investor sentiment towards domestic initial public offerings.

29 Sep 2011 - 12:00am

Surging stocks lift bourse out of doldrums

Hong Kong stocks climbed for the first time in more than a week yesterday, bolstered by the US Federal Reserve's promise to keep interest rates at near zero for the next two years, but analysts said the outlook still remained grim.

11 Aug 2011 - 12:00am

China Everbright delays IPO

China Everbright Bank will delay an initial public offering (IPO) in Hong Kong for a second time in less than two months.

The postponement is due to worries that the current market volatility would hinder a successful IPO, said people with knowledge of the matter.

They said the bank will postpone the share offering to an unspecified date later this year.

6 Aug 2011 - 12:00am

Lai See

Listing battle rather than weak market behind OMH's woes

The controlling shareholders of manganese miner OM Holdings appear to have given up, for the moment, their efforts to secure a second listing on the Hong Kong stock exchange.

6 Jul 2011 - 12:00am

Defence of mainland auditors misses point

Two days before Christmas, Hong Kong Exchanges and Clearing published an eight-point defence of the decision to allow mainland accounting firms to audit the finances of H-share companies listed in Hong Kong. It's a worrying document.

3 Jan 2011 - 12:00am

HK investors can choose to own e-shares

Hong Kong investors will be able to opt for 'paperless' shares by 2013, two decades after the idea of the electronic scrip was first proposed.

The Securities and Futures Commission and Hong Kong Exchanges and Clearing yesterday jointly announced new laws to allow companies to issue electronic versions of share certificates to investors.

22 Sep 2010 - 12:00am

Carpenter Tan gains 52pc on first trading day

Mainland wooden handicrafts maker Carpenter Tan Holdings and Schramm Holding, the first German company to list on the local bourse, both rose on their first day of trading in Hong Kong yesterday.

Carpenter Tan's shares, which are trading on the Growth Enterprise Market, surged 52.3 per cent to close at an intraday high of HK$3.93.

30 Dec 2009 - 12:00am

HKEx will not change general mandate rule

Hong Kong Exchanges and Clearing has abandoned a controversial proposal to change the 'general mandate' rule because of concerns that the bourse would become less attractive to H-share companies.

10 Oct 2009 - 12:00am

MCC fall on debut seen as damper for new listings

Interest in upcoming initial public offerings may be dampened after Metallurgical Corp of China (MCC) fell below its offer price on its first day of trading yesterday, analysts said.

State-owned MCC, which builds industrial plants, makes machinery and digs mines, raised a total of US$5.12 billion in Shanghai and Hong Kong, and was oversubscribed.

25 Sep 2009 - 12:00am

Market gains hinge on proof of recovery

Hong Kong's stock market has roared back to life in anticipation of a regional economic recovery, but further gains would now depend on proof the turnaround was taking shape, several brokerages said yesterday.

The Hang Seng Index reclaimed the key 18,000-point level yesterday for the first time in almost two weeks, climbing 372.93 points or 2.09 per cent to 18,258.66.

16 Jul 2009 - 12:00am

What we learned from the through-train cancellation

One year after the initial announcement of the 'through-train' scheme to allow mainland investors to buy Hong Kong-listed stocks, we have long ago given up waiting for its arrival and are left standing on the platform wondering what we should learn from the service's cancellation.

20 Aug 2008 - 12:00am