Market Sentiment

Mainland firms lead pack for 2013 debuts

Golden Wheel Tiandi chairman Wong Yam-yin gives his sign of approval for the company's Hong Kong listing plans. Photo: Nora Tam

A mainland property developer and an apparel retailer will be the first two companies to debut on the Hong Kong stock exchange in 2013, aiming to raise up to HK$1.01 billion in total.

Monday, 31 December, 2012, 4:58am

Sentiment rarely counts, but on Hong Kong property market it does

Sentiment rarely counts, but on Hong Kong property market it does

"Always wonder what sentiment would look like once you filter out movements correlated with stock market performance.."

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25 Oct 2012 - 5:01am 1 comment

Weak sentiment turns off new market players

Anthony Muh

The current weak market sentiment is driving more than investors away from the market. It is also discouraging new entrants to the industry, at least for now.

27 Aug 2012 - 5:04am

Bears target private mainland firms

Mainland companies have become short-selling targets as investors bet a slowdown in the economy and concerns over corporate governance will hurt market sentiment.

Several initial public offerings of mainland firms have been shelved or reduced in Hong Kong, with the latest, Beijing Jingneng Clean Energy, last night postponing its listing plan.

1 Jul 2011 - 12:00am

Dull sentiment mars iMerchants debut

E-commerce enabler iMerchants made a less than auspicious debut on the Growth Enterprise Market (GEM) yesterday, closing only 1 per cent above its issue price.

The company, which provides e-commerce software and services, opened at a high of HK$1.90, or 28 per cent above the company's issue price of HK$1.48.

1 Apr 2000 - 12:00am

New World unit in dull debut as group shares receive blow

New World China Land has made a worse than expected stock exchange debut as investors dumped the stock in fear of a deteriorating investment environment amid the growing political cross-strait tension.

17 Jul 1999 - 12:00am

Gem on track despite IPO flops

The failure of three initial public offerings this year would not derail the stock exchange's planned launch of the Growth Enterprises Market (Gem) in the fourth quarter, exchange senior executive director Lawrence Fok Kwong-man said yesterday.

10 Feb 1999 - 12:00am

Outlook for firms picks up: survey

The economic outlook for companies has improved marginally, but concern remains about business prospects in the first half.

Of the 156 leading companies who responded to the second SCMP/Nomura Business Barometer in December, 18.7 per cent expected the business environment to improve, compared with 12 per cent in the inaugural survey in October.

11 Jan 1999 - 12:00am

Hotung sale reflects market, say agents

The $728.88 million paid for the Hotung mansion on The Peak - about $51 million short of the $780 million reserve bid - is an accurate reflection of the market, according to agents.

'The price is about right,' said William Yung Ying-wai, investment sales manager with Colliers Jardine. 'The sentiment in the market has not been all that bullish lately.

14 May 1997 - 12:00am

Brighter outlook

Mild price rises were forecast for precious metals by the end of this year in a poll of market analysts conducted this week.

The poll showed a mean gold price of US$355.50 at year-end, against a $330-to-$380 range, more than the second and third-quarter means of $345.80 and $350.

25 Apr 1997 - 12:00am

Taking the easy way out

OFFICIALS of three newly listed companies took the easy way out to explain why their trading debuts failed last week.

'Bad market sentiment' is a handy explanation these days.

It is unfair to blame the disappointing share performances on the market environment alone, without admitting some faults in the companies' fundamentals and pricing strategy.

20 Dec 1994 - 12:00am

Henderson to increase unit prices

HENDERSON Land is increasing the selling price for its Sunshine City units in light of improved market sentiment.

Sixty-eight units at Block E of the Ma On Shan development are on offer at an average price of about $4,900 per square foot, about three per cent higher than the last offering early last month when the market was depressed.

14 Sep 1994 - 12:00am

Price tag indicates market feeling

THE smaller site at last week's government land auction - although eclipsed by the record $3.53 billion price tag on the huge Diamond Hill site - provides an indicator of market sentiment.

The Fanling Sheung Shui industrial site showed a 47 per cent rise in accommodation value (AV) on a similar site in the same area auctioned only seven weeks earlier.

10 Feb 1993 - 12:00am