According to the state-owned Securities Daily, 70 per cent of the 100 "special treatment" firms that have published their forecast performances for last year said they would turn to profits.Wednesday, 6 February, 2013, 4:43am
Beijing is honing an ambitious strategy that will clear a path for the media industry to list on the stock market.
The new round of reforms to overhaul the propaganda machine is likely to spawn dozens of initial public offerings by media outlets and publishing companies in line with the Communist Party's goal of boosting the culture industry.5 Oct 2012 - 2:15am
Hong Kong stock exchange chief executive Charles Li Xiaojia has rejected claims that the the offer it made for the London Metal Exchange was too high and said the deal was needed for the bourse to diversify its businesses and reduce reliance on market turnover.16 Aug 2012 - 3:54am
The Hong Kong stock exchange has blamed a recent spate of profit warnings by newly listed companies on turbulent market conditions rather than on any failure of the exchange's listing requirements.15 Aug 2012 - 11:07pm
Chinese display-advertising provider Focus Media Holding plans to go private, making it the biggest Chinese company to delist itself on a US stock market.
The offer comes from a consortium that includes Focus Media's chief executive Jason Nanchun Jiang and private equity firms Carlyle Group and Citic Capital Partners, a Beijing-backed private equity firm.14 Aug 2012 - 9:40am
Meilan International Holdings, a mainland chemical producer, may become the first company to raise both yuan and Hong Kong dollars with a planned dual-currency initial public offering in the city in the fourth quarter.
But brokers have already cautioned that investors may not favour these dual offerings given the current weak market conditions.14 Aug 2012 - 9:07am
A computer-hacking attack on a printing company has led to mix-ups with four company announcements released on the stock exchange's website on Sunday.
A Hong Kong Exchanges and Clearing spokesperson said the problem was due to an attack on a printer which provides services preparing the announcements and uploading the filings.14 Aug 2012 - 7:51pm
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 1324 Jul 2012 - 12:00am
The city's seven stockbrokerage bodies have called for the government to bring back a minimum brokerage commission to help them survive in an increasingly hostile market. But their push is likely to be an uphill battle.24 Jul 2012 - 12:00am
The independent brokerage firm is dying. Big consumer banks are taking over the business, partly because they have better customer traffic. But this is happening mainly because big banks have better internet trading platforms.23 Jul 2012 - 12:00am
For mainland businesses seeking to raise capital on overseas stock exchanges, it's increasingly become a case of 'seller beware'.
Chinese companies tapping markets from Hong Kong to Canada to the US are getting stung more and more by short sellers brandishing accusations of suspicious accounting and weak governance.6 Jul 2012 - 12:00am
Hong Kong Exchanges and Clearing wants to buy the London Metal Exchange in order to diversify its business, but analysts question how the acquisition will really help the city develop its own commodities trading.
SCMP, June 57 Jun 2012 - 12:00am
ENN to seek green light on proposed China Gas offer31 May 2012 - 12:00am
Newspapers and financial television channels feature talking heads giving opinions on the latest trends. But who do professional money managers view as truly influential?28 May 2012 - 12:00am
Shares of Shanghai Pharmaceuticals, a leading mainland drug maker and distributor, fell 24 per cent to a record low in Hong Kong after a mainland newspaper reported a fraud investigation into the company.24 May 2012 - 12:00am