Beijing will create a ministerial-level division dedicated to financial industry security within the new National Security Commission to be chaired by President Xi Jinping.Tuesday, 28 January, 2014, 8:57am 1 comment
Vice-Premier Wang Yang's son-in-law recently launched a Hong Kong-based hedge fund focused on mainland equities, joining a growing number of young family members of top officials who have set up asset management businesses in the city.18 Jul 2013 - 8:39am 6 comments
The Nikkei 225 stock index dived 6.35 per cent to finish at 12,445.38 yesterday, erasing almost all its gains since the Bank of Japan unveiled a plan on April 4 to double the size of the country's monetary base.14 Jun 2013 - 5:12am 1 comment
Investment firm Baring Asset Management is buying more Japanese equities as it prepares for another rally in the market after its recent sell-off.11 Jun 2013 - 3:25am
The deteriorating outlook on the mainland sent Japan's Nikkei 225 stock average slumping 7.3 per cent, registering the deepest loss since the 2011 earthquake and tsunami. The Hang Seng Index dropped 2.54 per cent to 22,669.68, its biggest slide in seven weeks. The Shanghai Composite Index fell 1.16 per cent while Australia's S&P/ASX 200 Index dropped 1.99 per cent.24 May 2013 - 3:47am
"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
More than half of those contacted said the US will be among the markets offering the best returns over the next year, a 15-point jump from the last poll in January and the highest rating for any country since the survey began asking that question in October 2009.17 May 2013 - 4:06am
Asian stocks closed near a five-year high yesterday, tracking a strong performance in the United States market and buoyed by better-than-expected home sales in the world's largest economy, amid indications that global central bankers will continue implementing easing measures.1 May 2013 - 4:27am
The mainland economy is five times as big as it was 12 years ago but Shanghai's stock market has gone nowhere amid barriers to profitability.30 Apr 2013 - 4:28am 4 comments
It's now official. Even monkeys can beat the stock market index. Cass Business School researchers in London simulated 10 million portfolios of US stocks selected at random.27 Apr 2013 - 3:31am 1 comment
Shares in drug manufacturers, steelmakers and construction firms jumped in Hong Kong and Shanghai yesterday as investors bet medical and rebuilding demand will rise after an earthquake in Sichuan province that killed at least 186 people.23 Apr 2013 - 4:45am
A drop in gold prices also weighed on the market, dragging down mining shares. Zijin Mining, the country's biggest gold miner, fell 7.2 per cent to HK$2.33. Spot gold prices fell up to 5 per cent to US$1,384.69 an ounce, the lowest in two years.16 Apr 2013 - 1:17pm
One fine day in March I checked the price of my favourite stock, Haitong Securities, a brokerage. It was taking a dive, which prompted me to check for news about the firm.
The company had just posted its year-end results. Its earnings were up 92 per cent. So far, so good. It had also announced a rights offer.
Rights issues almost always drag down share prices.15 Apr 2013 - 3:11am 1 comment
The time is ripe for mid-term investors to find some bargains on the local stock market, now that a significant pullback since the beginning of this year has made shares fairly cheap, Standard Chartered Bank says.12 Apr 2013 - 5:43am
Vaccine shares rose while mainland poultry companies declined on the stock market yesterday as the H7N9 bird flu scare in eastern China triggered speculation that Beijing could order a cull to prevent an epidemic.
Four people in Jiangsu province were reportedly fighting for their lives after it was confirmed they were infected with the virus.4 Apr 2013 - 10:29am