• Sat
  • Nov 29, 2014
  • Updated: 1:05pm

Stocks

Markets the new racetrack for gambling addicts

John Brown is a part-time trader. He manages the habit alongside an interest in legalised gambling through the Jockey Club, although lately it is hard to distinguish between what he does in the share market and what he does at the racetrack. He has a gambling problem, and he trades stocks as an outlet.

Monday, 20 May, 2013, 4:18am

SCMP mulls choices to restore float

SCMP Group said it had shortlisted a handful of measures including a bonus share scheme to restore its public float.

The percentage of SCMP's public float fell to 10.6 per cent, below the minimum requirement of 25 per cent, when Kerry Media, the controlling shareholder, exercised its rights to 14.4 per cent of the firm's issued share capital held by three banks.

11 May 2013 - 4:13am

Stellar debut puts small-caps in focus

The price of Beijing Tong Ren Tang Chinese Medicine shares more than doubled on debut yesterday, evoking memories of the small-cap bull run during the internet bubble days.

8 May 2013 - 5:31am

Tiger Asia was looking after its clients, not insider dealing

Let's get on this horse again. Leaving aside the fact that the Securities and Futures Commission wants to punish Tiger Asia for dealing on inside information without first proving it guilty, was there any insider dealing here anyway?

5 May 2013 - 2:51am 9 comments

Property firms take hit from rate rise

Shares of Hong Kong developers fell yesterday after three major banks raised mortgage rates by 25 basis points amid mounting risk in the property market.

15 Mar 2013 - 4:37am

Should investors buy property, property stocks or both?

From time to time, one may read debates in news media among investors and commentators about which of the above approaches offer better returns. Real estate agents tend to favour investing in bricks and mortar, while stocks traders would say equities offer better expense ratios, especially if all the stamp duties are taken into account.

6 Mar 2013 - 4:40am

New property measures spur selldown in sector

Property stocks were hammered yesterday on concerns the government's fresh curbs would drag down home prices.

26 Feb 2013 - 5:10am

Carson Block reveals Muddy Waters' secret weapon: the SEC

Muddy Waters, whose analyst reports triggered US$7 billion in losses for mainland Chinese stocks, used an unlikely secret weapon for its research: the public website of the United States Securities and Exchange Commission.

21 Feb 2013 - 6:07am

Jump in mainland visitors boosts price of gaming stocks

Macau gaming stocks typically rebound as the Lunar New Year approaches, in expectation of mainland visitors flocking to the city's casinos over the holiday period.

This year, visitor arrivals did not disappoint, and share prices duly went up.

15 Feb 2013 - 5:20am

Macau gaming stocks plunge on VIP junket operator crackdown report

Beijing plans to launch late this month a clean-up of "triad-linked junket operators" who make a profit by bringing in mainland high-rollers to casinos in Macau and lending them money, a British newspaper reported, quoting unnamed law enforcement sources as saying.

7 Feb 2013 - 5:54am

It's snakes and ladders on CLSA's Fung Shui Index

The Hang Seng was likely to continue climbing to an intrayear high in August on the back of a strong performance in the resources sector, the broker said. Afterwards, it would slump and fluctuate between losses and gains before bouncing back to positive territory in January.

7 Feb 2013 - 5:16am

HSI adds Lenovo, dumps Chalco

Hong Kong's benchmark Hang Seng Index will no longer include the loss-making state-owned enterprise Aluminum Corp of China, also known as Chalco, but will add computer manufacturer Lenovo, Hang Seng Indexes said in a quarterly review yesterday.

7 Feb 2013 - 5:16am

Global stocks rise as financial risks dissipate

Global financial risks dissipated last year as fears faded that the euro currency would collapse and China’s economy avoided the sharp slowdown that many had feared. That’s made investors more optimistic, boosting stock markets around the world.

26 Jan 2013 - 9:37am

Buy shares, avoid property for higher returns: Edwin Leong

As a veteran investor in property, Edwin Leong Siu-hung has had his share of requests for investment tips in the property market.

24 Jan 2013 - 5:12am

US fiscal cliff deal sets off bull charge in Hong Kong, US stock markets

Hong Kong stocks kicked off the new year with a 19-month high in heavy trading and could open even higher today if they track the overnight US market that rallied after the Congress approved a deal to avoid a "fiscal cliff".

3 Jan 2013 - 4:36am

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