• Sat
  • Sep 20, 2014
  • Updated: 6:41am


Prudent concern about economy

To judge by the rally in financial markets you would think the world economy is in good shape. The latest US employment figures for April, along with strong upward revisions for February and March, spurred the S&P index to a record high.

Friday, 10 May, 2013, 4:43am

Chong Hing rises after 'for sale' notice

The sharp rise in the share price followed a statement from chief executive Felton Lau Wai-man at a press conference on Thursday that Chong Hing was open to proposals from potential buyers for all or part of the bank.

9 Mar 2013 - 4:40am

Top stock picker Derek Kwong says 'be boring'

For Derek Kwong, one of the best-performing China-focused asset managers, it is more important to pick the right stocks than to forecast the upper limit of the stock index.

4 Mar 2013 - 8:27am

Sands China shares rise on clearance for 200 more gaming tables

Sands China shares rose 1.6 per cent yesterday after the casino operator said it had received government approval for 200 more gaming tables.

There was little change in the benchmark Hang Seng Index.

30 Jan 2013 - 4:40am

Zoomlion shares tumble on claims over sales

Zoomlion Heavy Industry Science and Technology, the country's second-biggest construction equipment maker, fell the most in eight months in Hong Kong yesterday after a newspaper said an anonymous letter questioned its sales.

10 Jan 2013 - 4:21am

Stock price fall and analyst downgrade greet new Esprit chief

Esprit Holdings welcomed its newest chief executive with a two-day stock decline and an analyst downgrade as the apparel retailer's earnings missed estimates for the fifth consecutive year.

After Jose Manuel Martinez Gutierrez took control on Wednesday, the stock fell 5.67 per cent to HK$11.64 yesterday.

28 Sep 2012 - 2:54am

Seeking a cure for capitalism

Modern market capitalism used to be heralded as the best way to run an economic system, especially after the collapse of the Soviet Union.

It was said that it promoted rapid growth and encouraged invention and enterprise; it offered freedom and opportunities for all, the advantages of competition, efficient use of finances, fairness and equality.

25 Jul 2012 - 12:00am

Catching small fry while the big fish dives

The Eastern Magistracy today sentenced broker Mr Chan Yuk Hing and his client, Mr Paul Frederic Chane Yin, after they were found guilty of manipulating the share price of Multifield International Holdings Limited.

Securities and Futures Commission, July 13

24 Jul 2012 - 12:00am

Logic goes out the window

Human beings are affected by a myriad of social, psychological and emotional factors which often make them behave irrationally and illogically.

Behavioural finance tries to explain why and how investors make suboptimal decisions, which create anomalies, such as during stock market bubbles and crashes.

22 Apr 2012 - 12:00am

Yield of dreams

It is axiomatic that a company's current share price simply reflects the present value of all dividends paid out over the lifetime of a firm. In other words, it's all about the dividends. Investors some day need to be repaid for their capital, through dividends or a share buyback.

26 Mar 2012 - 12:00am