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  • Aug 31, 2014
  • Updated: 3:26am

HK Stocks

Directors plunge in to buy over holiday-shortened week

Buying by directors surged after falling for four straight weeks, while selling plunged during the holiday-shortened week of May 13 to 16, based on filings with the Hong Kong stock exchange.

Monday, 20 May, 2013, 4:18am

For once it may not be wise to sell in May

"Sell in May and go away." Will this be the year that the old investment adage, arising from a long-run statistical underperformance of stocks from May to October versus the period from November to April, proves wrong?

20 May 2013 - 4:18am

BYD shares rise as electric taxis hit Hong Kong roads

BYD shares rose as much as 6.3 per cent to HK$35.35 before closing 3.46 per cent ahead at HK$34.40. The stock has gained 48 per cent so far this year.

21 May 2013 - 9:04am

Esprit shares fall sharply in Hong Kong after broker downgrades

The shares fell as much as 7.3 per cent in the morning before closing at HK$10.38, down 4.8 per cent on a day when the Hang Seng Index rose 0.86 per cent.

9 May 2013 - 4:39am

Hong Kong stocks set for bullish start to the Year of the Snake

Hong Kong stocks could open the Year of the Snake on a bullish note as Asian markets rose after US corporate earnings sent the Dow Jones Industrial Average to a five-year high.

14 Feb 2013 - 4:53am

Countdown begins to QDII2 scheme

Beijing will soon issue a new rule governing individual mainland investors' direct investments in Hong Kong stocks, according to two people with knowledge of the plan.

They said financial regulators were giving priority to the implementation of the qualified domestic individual investors (QDII2) scheme, which could spark a multibillion-yuan outflow into the city's market.

25 Jan 2013 - 4:56am

Huafeng shares up after buying tea producer

The Hong Kong share price of Huafeng Group Holdings rose 8 per cent yesterday, after the loss-making blanket maker announced it would acquire a mainland tea producer controlled by the family of Huafeng's chairman for HK$2.49 billion.

19 Jan 2013 - 5:12am

Mainland economic growth data fuels surge in Hong Kong stocks

The Hang Seng Index yesterday rose to its highest level since June 2011 after the mainland's economic growth beat expectations, raising prospects for the world's second-biggest economy.

19 Jan 2013 - 3:31am

MPF bounces back into profit, but fails to keep pace with Hang Seng

The Mandatory Provident Fund (MPF) enjoyed its best returns since 2009 last year, but could not beat the Hang Seng Index.

The 453 retirement funds, which cover the city's 2.5 million employees, returned on average 12.07 per cent, swinging into the black from an average loss of 8.42 per cent in 2011 and improving on a 7.18 per cent gain in 2010.

4 Jan 2013 - 8:32am

Liquidity will drive up Hong Kong stock in 2013: SCMP Survey

Hong Kong stock prices will will see growth in the low teens next year amid ample liquidity and a recovery on the mainland, say market players.

According to the median estimate of 13 strategists and fund managers polled by the South China Morning Post, the Hang Seng Index is likely to rise to 24,500 points by the end of next year.

29 Dec 2012 - 4:58am