Stock Market

The growing ranks of Hong Kong's day traders

Illustration: Andy Schallenberger

Leung Siu-hong's day job is selling Hong Kong real estate. In August, he picked up another activity: trading stocks, joining the growing ranks of Hong Kong's so-called day traders.

Tuesday, 16 October, 2012, 6:32pm

Parkview Group surges 45pc on new asset hopes

Parkview Group surges 45pc on new asset hopes

Share prices of Hong Kong-listed developers partly owned by mainland firms soared yesterday.

The Hong Kong Parkview Group shot up 45.27 per cent to HK$5.07 as the Hang Seng Index rose 0.5 per cent to close at 21,012.38 points, a five-month high.

6 Oct 2012 - 10:06am

Fosun set to tap HK stock market for US$600m

Shanghai Fosun Pharmaceutical (Group), controlled by Guo Guangchang, is poised to snap a drought of new listings in Hong Kong.

6 Oct 2012 - 10:06am

The Week Explained: Indices

Berkshire Hathaway shareholders to Dow Jones Industrial Average: let our people in. Photo: AP

When investors talk about how a stock market is performing, they usually think of a benchmark index, such as the Hang Seng Index for Hong Kong, or the Dow Jones Industrial Average for New York. However, a recent debate over the Dow Jones highlights the difficulties with this assumption.

1 Oct 2012 - 1:21am

HK-listed mainland stocks in sharp correction as investors seek upside

Hong Kong-listed mainland stocks fell yesterday as investors shifted their attention to other sectors that offered higher upside potential, analysts said.

18 Sep 2012 - 3:35am

HK Exchange faces missing top 10 for IPOs

The floor of the Hong Kong Stock Exchange. The market has suffered an IPO drought this year.Photo: AFP

The Hong Kong stock exchange is likely to drop out of the world's top 10 destinations for initial public offerings (IPOs) this year, after holding the No1 ranking for the past three years.

11 Sep 2012 - 9:27am

Approvals send investors on the high road again

Hong Kong investors bought up infrastructure and cement stocks on news of mainland construction approvals. Photo:Reuters

Infrastructure and cement stocks rose yesterday on news that the central government has approved the construction of 2,018 kilometres of highway projects, as well as new ports, water plants, waterways, and rail projects.

8 Sep 2012 - 2:27am

Hong Kong and China stocks close higher

Hong Kong and China stocks close higher

Hong Kong and mainland stocks had their biggest rally in nearly eight months yesterday after the European Central Bank announced it would buy bonds to ease borrowing costs and Beijing approved substantial infrastructure investments.

Companies in the materials and industrial sectors had the biggest gains on optimism the measures would boost sluggish global economic conditions.

8 Sep 2012 - 2:25am

Billionaire 'out to resolve' alleged insider trading

CNOOC is trying to avoid its bid for Nexen becoming politicised, sources say. Photo: Bloomberg

Billionaire Zhang Zhirong, who is at the centre of an insider-trading investigation involving China's biggest overseas acquisition attempt, has hired a specialist lawyer to help him negotiate with the US Securities and Exchange Commission (SEC) for a settlement.

24 Aug 2012 - 3:41am

Shenzhen S.E. to review applications

The Shenzhen Stock Exchange will review refinancing applications.

The mainland securities regulator has given the Shenzhen Stock Exchange the go-ahead to review refinancing applications by companies traded on the start-up board, in a move to streamline the share placement procedure.

18 Aug 2012 - 3:10am

China Resources, brewer of Snow beer, to expand retail outlets

Frank Lai, chief financial officer of China Resources Enterprises, announces the company's interim results at a press conference yesterday. Photo: May Tse

China Resources Enterprise, the brewer of Snow Beer, the mainland's No 1 beer in terms of sales volume, said it will grow its retail outlets regardless of the uncertainties in the mainland economy.

18 Aug 2012 - 4:39am

China Mobile shares slip after interim earnings disappoint

China Mobile added 33.5 million users In the first six months of the year, boosting its mobile subscription numbers to 683 million. Bloomberg

China Mobile, the world's biggest wireless network operator, saw its share price take its steepest drop this year after reporting lower-than-expected first-half profit growth.

17 Aug 2012 - 11:12am

Delisting of Focus Media just the start

Delisting of Focus Media just the start

Focus Media's proposed delisting from the Nasdaq stock market in the United States is set to be a template for other Chinese companies that are growingly uncomfortable with the US market environment.

17 Aug 2012 - 5:49am

Chalco tipped to drop SouthGobi takeover

SouthGobi Resources said yesterday that it expected state-controlled Chalco to drop its US$926 million takeover offer for the Mongolia-focused coal miner in the face of Mongolian opposition.

15 Aug 2012 - 1:33am

CSRC gives priority to western region IPOs

An investor at a brokerage in Nanjing passes the time playing cards - he may soon have more firms from the mainland's west to invest in. Photo: Xinhua

The mainland securities regulator is giving priority to 75 companies based in western provinces for market listing, in a move to boost the underdeveloped hinterland.

15 Aug 2012 - 1:33am