Stock Market

Focus Media gets US$3.5b buyout offer

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.

Tuesday, 14 August, 2012, 9:40am

Meilan plans dual-currency IPO in Hong Kong

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

Investors get more reason to grumble

Investors get more reason to grumble

Mainland-listed companies are reporting lacklustre earnings for the first half of this year, a development likely to further depress a confidence-stricken domestic stock market.

14 Aug 2012 - 11:44am

Ray of hope for long-suffering B-share investors

The nation's securities regulator is taking an initial step towards ironing out the festering issue of the B-share market, offering beleaguered investors a ray of hope after a decade of waiting.

5 Oct 2012 - 7:02pm

Company Results, August 13

Today 1st Quarter: China Communication Telecom Services, Fairson Holdings, Finet Group, Global Link Communications Holdings, Great World, Mobile Telecom Network (Holdings), Sino Harbour Property Group, Tai Shing International (Holdings)

13 Aug 2012 - 11:31am

Then & now: all that glisters …

A black marketeer sells silver dollars in Nanking, modern-day Nanjing, in April 1949. Photo: Corbis

Silver played a vital role in the transfer of wealth from migrant to impoverished ancestral village, writes Jason Wordie.

 

31 Aug 2012 - 11:44pm

China's export growth just 1pc

China's exports were up by just 1 per cent last month, the lowest growth since November 2009, as demand from Europe faltered.

With imports also rising at a slower pace, pressure mounted on Beijing to take further measures to support the economy.

15 Aug 2012 - 11:27pm

Sohu unit ready to play the IPO game

Undaunted by the current poor appetite among investors for Chinese information technology companies, mainland web game developer 7Road.com flagged a plan this week to list American depository receipts (ADRs) in the United States.

15 Aug 2012 - 11:15pm

HSBC 'to give up option to raise stake in BoCom'

HSBC is set to give up its exclusive right to increase its stake in the Shanghai-based Bank of Communications, signalling a shift by the European giant to focus more on growing its own business on the mainland.

15 Aug 2012 - 11:14pm

HK bronze worth more than US gold thanks to bank deal

Sarah Lee Wai-sze might have only won a bronze medal but will be be rewarded more than American gold medallists, who will only receive US$25,000 (just under HK$200,000), less than a third of what the Hong Kong track cyclist will get.

15 Aug 2012 - 11:11pm

Successive European scandals shock Chinese banks

Rapidly escalating scandals involving several major international banks in recent months have shocked not only shareholders but also Chinese banks that consider the likes of HSBC and Standard Chartered Bank among the best models of internal control and risk management.

8 May 2015 - 5:57pm

It's too easy to blame the shifty-eyed speculators

The Kay report is concerned about short-termism because, in Britain, hedge funds, high frequency traders and proprietary traders account for 72 per cent of market turnover, but roughly one third of shareholding ownership. It is their short-term behaviour that drives prices and there is concern that it creates bubbles far beyond fundamental value.

15 Aug 2012 - 11:07pm

Dynam out of luck in trading debut

Dynam Japan, the first Japanese company to go public in Hong Kong, had a poor run on its debut yesterday even as the overall market jumped over 330 points.

15 Aug 2012 - 11:07pm

To B or not to B? A question of reform

Speculation that Beijing will drastically overhaul the nation's slumbering hard-currency B-share market has reached fever pitch as the plummeting price of one of the companies on the board sends the firm to the brink of delisting.

15 Aug 2012 - 11:05pm

Lower turnover likely to dent HKEx earnings

Hong Kong Exchanges and Clearing (HKEx), the operator of the city's stock and futures markets, is expected to report a 10 to 20 per cent drop in net profit when it releases its results for the first half tomorrow.

Lower market turnover and fewer new listings are likely to have been the key contributors to the result.

15 Aug 2012 - 11:04pm