South of the Bordeaux

What a difference a few years can make. Initial public offering volumes are sharply down in Hong Kong, while some markets in Southeast Asia appear to be enjoying a revival not seen since the 1997 financial crisis.

Monday, 30 July, 2012, 12:00am

Backing the financial winners from the Games

Are you playing the Olympics right? As the Games kick off this week, it's time to check if your portfolio is positioned in a way to make the best of the event, which is expected to affect stocks, the economy, property and currency, though experts differ on the degree.

23 Jul 2012 - 12:00am

Choppy conditions mean trying times for debutants

Three mainboard listing debutants saw their shares trade flat yesterday, while a fourth, Qualipak International, saw a dismal 10.7 per cent drop on its first day.

Shanghai-based car dealer China Yongda Automobiles Services closed at HK$6.62 after trading 2.3 per cent lower than the issue price of HK$6.60 in intraday trading.

13 Jul 2012 - 12:00am

Tips from the top

It's a poor climate for investing. Equities are volatile and prone to regular sell-offs on euro-zone-related news. Hong Kong interest rates are low, depressing yields on deposits and bonds. The sole investment bright spot - yuan-denominated instruments - are dimming somewhat as the outlook for yuan appreciation starts to cool.

9 Jul 2012 - 12:00am

Local brokers firm against return of HKEx closing auctions

Hong Kong Exchanges and Clearing (HKEx) is considering reinstating closing auctions, a move supported by international players but strongly opposed by local brokers.

28 Jun 2012 - 12:00am

Banker jailed for forging signatures to move assets

A banker who used forged documents to move assets worth millions of dollars from a client's account was jailed yesterday for four years and eight months.

Choi Yuet-yan, 45, had pleaded guilty in District Court to seven charges, including dealing with the proceeds of an indictable offence and using a false instrument.

26 Jun 2012 - 12:00am

A fair deal for the small investor

A coal mine owned by Puda Coal, Shanxi province. In February, the US Securities and Exchange Commission referred to a GeoInvesting report when it alleged that Puda Coal chairman Zhao Ming effectively looted the company and left shareholders with nothing. Yet investment banks and bigger research houses make big fees. Photo: Reuters

Dan David exposed fraud by Chinese companies, writes Kevin McQueen.

25 Jun 2012 - 12:00am

Go easy on insiders

Illustration: Tom Jellet

Flow of free information vital, writes Jake van der Kamp.

25 Jun 2012 - 12:00am

Australia returns fugitive broker to face 47 charges

A runaway director from a collapsed brokerage, who was extradited to Hong Kong from Australia last week will appear in court today to face charges of money laundering and fraud.

4 Jun 2012 - 12:00am

Morgan Stanley upbeat on HK stocks

The correction in Hong Kong share prices has created buying opportunities and investors should be on the lookout for a possible upswing in the stock market - which could be in the cards once concerns over further debt defaults in Europe ease, says a top Asia equities banker at Morgan Stanley.

21 May 2012 - 12:00am

Investors cash in on art

Good paintings make a big difference to a living room, but art is much more than a decoration - it is also an investment.

18 May 2012 - 12:00am

Stock tactics

Hong Kong equities are perking up. The Hang Seng Index is up 14 per cent since the year started. New listings are making a cautious return. Now just may be the time to dip a toe back into shares.

7 May 2012 - 12:00am

Huabao hit by fake-profits claim

Shares in Huabao International Holdings plunged by almost a fifth yesterday. Investors dumped the stock even after the company defended itself from an anonymous online research report accusing it of inflating profits and alleging that the firm's chairwoman, Chu Lam Yiu, had illegitimately 'recycled' proceeds of share sales back into the company to sustain high dividend payouts.

5 May 2012 - 12:00am

Scrutiny may end HK$100m offerings

A tough new stance to improve scrutiny and disclosure of initial public offerings (IPOs) may squeeze out smaller listings and smaller sponsors who do not have the money to pay hefty compliance fees, experts warned yesterday.

27 Apr 2012 - 12:00am raises 1.38b yuan in listing

The online news portal of the People's Daily, a Communist Party mouthpiece, has raised 1.38 billion yuan (HK$1.7 billion) in an initial share offering in Shanghai - more than double its target., the first state-run news website to list, sold 69.1 million shares at 20 yuan each, it told the Shanghai stock exchange on Thursday.

21 Apr 2012 - 12:00am