Stock market action from around the world, with a focus on Hong Kong, China and the rest of Asia.

Leverage risks heightened for Chinese companies in market rout

People go in and out of the Shanghai Stock Exchange building as leverage risk is increasing in China, especially when the market suffers a severe downturn. Photo: Reuters

Despite reassurances by regulators that margin debt in China’s stock markets remains manageable, total leverage could be as much as US$645 billion - magnifying risks not just for retail investors, but also the thinly stretched corporate sector.

Wednesday, 1 July, 2015, 8:22am

China stocks slide despite easing boost

China stocks slide despite easing boost

China’s interest rate cut over the weekend after the second Friday in a row for stocks, didn’t help calm nerves and investors had one of most volatile trading sessions ever. (Photo: Xinhua) 

30 Jun 2015 - 9:24am

China markets continue to slide

The Shanghai Composite Index was down 3.13 per cent Friday morning. Photo: Reuters

Shanghai and Shenzhen markets fell the most in six weeks due to regulatory concerns while Hong Kong also hit a weekly low on Friday morning in step with weak overseas market sentiment on worries over the Greek debt crisis.

26 Jun 2015 - 12:52pm 1 comment

China, Hong Kong markets shrug off reform vote

A trader manning the desk in the Hong Kong stock exchange as debate over a political reform plan hangs like a cloud over the market. Photo: AFP

A weaker close in mainland Chinese markets amid new listings had little impact in Hong Kong where the government's failure to pass an electoral reform package barely registered in stock movements.

Strong selling in the afternoon on Thursday saw the Shanghai Composite Index finish 3.67 per cent lower at 4,785.36 points.

18 Jun 2015 - 11:35pm

Hong Kong stocks rebound but investors show caution

Investors keep track of the performance of their stocks in the Hong Kong stock exchange as they rebounded on Wednesday after falling previously to a two-month low. Photo: Nora Tam

Hong Kong stocks bounced backed from a two-month low on bargain hunting on Wednesday, though low turnover suggested some investors were still waiting on the sidelines.

18 Jun 2015 - 1:18pm 1 comment

Big investors cash in gains in Hong Kong after long run

People in Sha Tin in Hong Kong watch a screen at a bank as they keep up with the stock market action. Photo: Felix Wong

Companies and corporate chiefs are making the most of a sizzling rally in the Hong Kong stock market with some well-timed sell-downs.

17 Apr 2015 - 3:53pm 2 comments

Shares of biotech firm WuXi tumble on big rise in capital spending

WuXi PharmaTech is expanding its research and development services. Photo: Bloomberg

WuXi PharmaTech Cayman, a Chinese biotechnology company, fell the most in nine months in New York on Friday after its capital spending forecast exceeded estimates and Goldman Sachs cut the stock to neutral from buy.

WuXi dropped 7.2 per cent to US$38.01, the biggest decline since May last year.

17 Apr 2015 - 3:53pm

Hanergy rally leaves a lot to be answered

Workers carry solar panels as they work at a solar power plant which is under construction on a hill in Wuhu, Anhui province September 16,. Photo: Reuters

Solar power firm Hanergy Thin Film Power Group, whose spectacular rise in the past week has wowed investors but drew analyst concerns of a stock bubble, has left many questions hanging around its lofty share valuation.

17 Apr 2015 - 3:53pm

Hong Kong stocks down on first day of Chinese New Year

Hong Kong Exchanges and Clearing Ltd (HKEx) Chief executive Charles Li Xiaojia (second left) and Hong Kong Stock Exchange Chairman Chow Chung-kong, attend a ceremony celebrating the first trading day of the Lunar New Year on February 23rd, 2015, at the Exchange Exhibition Hall at Exchange Square in Central. Photo: Nora Tam

17 Apr 2015 - 3:53pm

Nikkei ends at seven-year high on recession exit

The Nikkei close on Monday was the highest since July 2007. Photo: Reuters

The Nikkei Stock Average ended at a more than seven-year high on Monday after data showed the Japanese economy rebounded from recession in the last quarter of 2014.

The 225-issue index ended up 91.41 points, or 0.51 per cent, at 18,004.77, the highest close since July 2007.

It rose as high as 18,074.26 points during the day.

17 Apr 2015 - 3:53pm

Cooling moves to put brakes on rally in China stocks could delay upturn

Retail investors, who account for 60 to 80 per cent of share trades, borrowed money to rush into the stock markets. Photo: Reuters

Any rally in China's stock market could be held back by regulatory steps taken late last year to crack down on trading irregularities, traders say.

The market-cooling measures resulted in a reduction and stabilisation of settlement funds and margin borrowing during the second half of January, after steep rises during the stock market's rapid ascent late last year.

17 Apr 2015 - 3:53pm

Mainland's appeal over HK set to grow

The MSCI Hong Kong Index rose 2 per cent last year as the Hang Seng China Enterprises Index jumped 11 per cent. Photo: Felix Wong

The divide in Hong Kong's stock market between the city's own companies and those that make most of their money in mainland China will only get bigger.

17 Apr 2015 - 3:53pm

Shanghai-HK share price gap for Chinese developers set to continue

Shares of Shanghai-listed developers are not expected to produce this year spectacular returns like those seen last year. Photo: Reuters

The share price gap between mainland property developers listed in Hong Kong and Shanghai will continue despite the scheme linking the two markets.

17 Apr 2015 - 3:53pm

China bull market masks breakdown in momentum

Trading in mainland stocks has slowed with turnover shrinking. Photo: Reuters

Just below the surface of the mainland's world-beating equity rally, signs of trouble are emerging.

17 Apr 2015 - 3:53pm

Margin traders back in Shanghai market

The value of shares bought with borrowed cash on the Shanghai stock market has risen to a record high. Photo: AFP

It did not take long for the flood of borrowed money to come pouring back into mainland stocks.

After a two-day decline spurred by regulatory efforts on January 16 to curb margin lending by some of the biggest brokerages, the value of shares bought with borrowed cash has rebounded to a record high.

17 Apr 2015 - 3:53pm