As China runs hot H shares look cool

There can be no doubt that China's A-share markets have now entered bubble territory.

Wednesday, 25 April, 2007, 12:00am

Mainland stock markets resume buying frenzy

Investors shrug off possible new curbs to cool overheating

Mainland stocks rebounded strongly yesterday, recouping most of the losses incurred in Thursday's biggest drop in seven weeks, as enthusiastic investors shrugged off concern about a possible new round of tightening measures to rein in the country's runaway economy.

21 Apr 2007 - 12:00am

Money Matters

'Mainland-listed firms had an average earnings growth of 40 per cent last year. By international practice, this would support a 40 times price-earnings ratio. But the average ratio is only 30 times. It's not especially expensive.'

Liu Lefei, chief investment officer

China Life Insurance

21 Apr 2007 - 12:00am

Angang revives dual bid for issue of rights shares

Angang Steel, the mainland's third-largest steel producer by output, saw its share price fall as much as 3.18 per cent after it unveiled a second attempt to launch the first dual A and H-share rights issue to raise more than HK$20 billion.

12 Apr 2007 - 12:00am

Mainland unveils new measures to cool stock market

The central government has stepped up efforts to cool the country's stock markets by strengthening rules to bar listed companies from using share-sale proceeds to buy stocks.

The move is also intended to cut investment risks taken by listed companies.

21 Mar 2007 - 12:00am

Ex-regulator rules out stock market bubble

Zhou Zhengqing insists development is healthy as officials take cautious approach

A former securities regulator dismissed the widespread view that a bubble has developed in the mainland's stock market, even amid measures taken by the authorities to prevent its bursting.

21 Mar 2007 - 12:00am

Your money: Peter Au Tsz-hin

Age: 16

School: Pui Kiu Middle School

Young Post: Do you get pocket money and how do you spend it?

Au: Yes, I get HK$200 a week. I also get quite a lot of money from red packets over Lunar New Year and on my birthday.

I usually spend the money on travelling, food and daily expenses.

YP: Do you have a savings plan?

14 Mar 2007 - 12:00am

Intime gives IPO top price as orders surge

Intime Department Store (Group), the largest department store chain in Zhejiang province, will raise about HK$2.43 billion after setting the price of its stock offer at the top of an indicative range amid strong demand, market sources said.

14 Mar 2007 - 12:00am

Earnings season starts

A senior reporter at the South China Morning Post takes a look at one of the hottest topics in the business world: company profits

Many of Hong Kong's top companies are opening their books this week to tell investors how much money they've made or lost last year and what their plans are for the coming year.

7 Mar 2007 - 12:00am

Pricey mainland stocks dumped

Rebound forgotten as rattled investors sell off blue chips seen as overvalued

Mainland stocks slumped yesterday as investors continued to dispose of highly priced blue chips after the biggest one-day decline in a decade on Tuesday.

2 Mar 2007 - 12:00am

Minsheng seeks 24b yuan in share sale

Private lender hopes to strengthen capital adequacy through placement ahead of possible listing in HK

China Minsheng Banking Corp, the country's first privately owned lender, plans to place new shares worth 24 billion yuan in a move to strengthen its capital adequacy before a possible Hong Kong listing.

8 Feb 2007 - 12:00am

Your money: Yu Feixia

Age: 16

School: Pui Kiu Middle School

Young Post: Do you have any savings?

Yu: I get about HK$1,000 a month from my parents and usually save HK$200.

I also get lai see during Lunar New Year.

YP: How do you spend your money? Do you have any savings plans?

7 Feb 2007 - 12:00am

O broth, where art thou?

There's no place for delicate flavours and light textures in winter soups - they should be hearty and richly flavoured. These soups can be served as a light main course, but for a more rib-sticking meal, serve them as a starter and follow up with a seasonal main course.

French onion soup (pictured)

4 Feb 2007 - 12:00am

Frenzy for IPOs fades despite liquidity

Retail investor sentiment towards initial public offerings has slackened despite the strong stock market rally and ample liquidity, local securities brokers said yesterday.

25 Jan 2007 - 12:00am

Politicians should at least have some grasp of how markets work

'... and the main criteria for the listing application eligibility should be the company's potential for development and its quality.'

Chan Kam-lam,


THE BEIJING LAPDOG PARTY (DAB) has discovered the stock market and now wants to make it a bigger one by encouraging it to attract listings from around the world

4 Jan 2007 - 12:00am