Georgina Lee

Georgina Lee

Latest from Georgina Lee

Hong Kong, mainland stocks inch up on data showing China’s consumption grew at faster clip than expected in June

Investors cheered news from China that a plan to keep the lid on drug prices will not be as tough as feared as it expands nationwide.

15 Jul 2019 - 6:01PM

Investors cheered news from China that a plan to keep the lid on drug prices will not be as tough as feared as it expands nationwide.

Hong Kong, mainland stocks inch up on data showing China’s consumption grew at faster clip than expected in June
Stocks Blog: Hong Kong, mainland markets turn up on strong retail sales out of China

Pharmaceutical stocks jump in Hong Kong after a media report saying the nationwide expansion of a programme to try to keep a lid on drug prices will be more moderate than the industry feared.

15 Jul 2019 - 5:41PM

Pharmaceutical stocks jump in Hong Kong after a media report saying the nationwide expansion of a programme to try to keep a lid on drug prices will be more moderate than the industry feared.

Stocks Blog: Hong Kong, mainland markets turn up on strong retail sales out of China
Hong Kong, China stocks advance as clearer Federal Reserve signal of lower interest rate buoys investors’ sentiments

Still, some investors remained wary of China’s economic data, which shows the world’s second-largest economy is still struggling to find its footing amid the slowest growth pace in more than three decades.

12 Jul 2019 - 7:03PM

Still, some investors remained wary of China’s economic data, which shows the world’s second-largest economy is still struggling to find its footing amid the slowest growth pace in more than three decades.

Hong Kong, China stocks advance as clearer Federal Reserve signal of lower interest rate buoys investors’ sentiments
Stocks Blog: Shanghai, Hong Kong close higher, but slowdown and other worries hang over markets

Uncertainties — about the trade war, about economic slowdown in China, about coming earnings — are keeping many traders on the sidelines.

12 Jul 2019 - 6:01PM

Uncertainties — about the trade war, about economic slowdown in China, about coming earnings — are keeping many traders on the sidelines.

Stocks Blog: Shanghai, Hong Kong close higher, but slowdown and other worries hang over markets
Worries hang over Hong Kong, China markets, despite initial sentiment boost from hint of US Fed rate cut

The day in Hong Kong could be summed up by a joke: traders couldn’t even get excited about beer.

11 Jul 2019 - 5:52PM

The day in Hong Kong could be summed up by a joke: traders couldn’t even get excited about beer.

Worries hang over Hong Kong, China markets, despite initial sentiment boost from hint of US Fed rate cut
Stocks Blog: Traders wanted positive news on lower rates — and US Fed chairman Powell delivered

Promising morning rallies in Hong Kong, Shanghai benchmarks lose steam as day wears on. In Shanghai, traders are still worried the coming hot tech board is siphoning off money and will hurt share prices in the broader market. 

11 Jul 2019 - 5:31PM

Promising morning rallies in Hong Kong, Shanghai benchmarks lose steam as day wears on. In Shanghai, traders are still worried the coming hot tech board is siphoning off money and will hurt share prices in the broader market. 

Stocks Blog: Traders wanted positive news on lower rates — and US Fed chairman Powell delivered
Subsidy cuts could sound the death knell for China’s cheap electric carmakers as entry-level vehicles face huge price rises

Government subsidy cuts could force affordable electric-vehicle makers to raise prices beyond the reach of most entry-level buyers.

10 Jul 2019 - 10:53PM

Government subsidy cuts could force affordable electric-vehicle makers to raise prices beyond the reach of most entry-level buyers.

Subsidy cuts could sound the death knell for China’s cheap electric carmakers as entry-level vehicles face huge price rises
Tencent, health care boost Hong Kong shares, while Chinese shares fall on swirling uncertainties

“Overall, investors are sidelined and watchful,” said Francis Lun, chief executive of Geo Securities. They are awaiting news out of the US about interest rates.

10 Jul 2019 - 6:06PM

“Overall, investors are sidelined and watchful,” said Francis Lun, chief executive of Geo Securities. They are awaiting news out of the US about interest rates.

Tencent, health care boost Hong Kong shares, while Chinese shares fall on swirling uncertainties
Stocks Blog: Shanghai falls for third straight day on weight of US-China trade war, interest rate uncertainty

Hang Seng ekes out small gain, led by Tencent and health care stocks. 

10 Jul 2019 - 5:15PM

Hang Seng ekes out small gain, led by Tencent and health care stocks. 

Stocks Blog: Shanghai falls for third straight day on weight of US-China trade war, interest rate uncertainty
Shanghai suffers worst fall in two months on concerns US Fed will not cut rates, new tech board will hurt other share prices

Shares plunge in China company linked to billionaire Wang Zhenhua, who was arrested last week for allegedly molesting a nine-year-old girl.

9 Jul 2019 - 8:32AM

Shares plunge in China company linked to billionaire Wang Zhenhua, who was arrested last week for allegedly molesting a nine-year-old girl.

Shanghai suffers worst fall in two months on concerns US Fed will not cut rates, new tech board will hurt other share prices
Stocks Blog: Hong Kong, Shanghai stocks fall on concerns US Fed may not cut rates soon

Shanghai Composite Index and Hang Seng post worst declines in weeks.

 

8 Jul 2019 - 5:50PM

Shanghai Composite Index and Hang Seng post worst declines in weeks.

 

Stocks Blog: Hong Kong, Shanghai stocks fall on concerns US Fed may not cut rates soon
This most unloved asset might be the biggest winner in the second half, and it’s not gold or real estate, says UBS

UBS Global Wealth Chief Investment Office says it expects 5 to 10 per cent upside in the MSCI China Index during the second half.

5 Jul 2019 - 10:53PM

UBS Global Wealth Chief Investment Office says it expects 5 to 10 per cent upside in the MSCI China Index during the second half.

This most unloved asset might be the biggest winner in the second half, and it’s not gold or real estate, says UBS
Hong Kong’s affluent look to Singapore for insurance and wealth diversification, amid violent protests

Singapore Life says it has seen a 30 per cent uptick in demand from Hong Kong residents seeking insurance products in the past three months.

2 Jul 2019 - 11:01PM

Singapore Life says it has seen a 30 per cent uptick in demand from Hong Kong residents seeking insurance products in the past three months.

Hong Kong’s affluent look to Singapore for insurance and wealth diversification, amid violent protests
Investor worries about Xi-Trump trade progress depress mainland, Hong Kong shares, but both end June way ahead of dismal May

Shanghai and Hong Kong shares improved in June, reversing steep declines in May when US-China trade tensions escalated.

28 Jun 2019 - 6:41PM

Shanghai and Hong Kong shares improved in June, reversing steep declines in May when US-China trade tensions escalated.

Investor worries about Xi-Trump trade progress depress mainland, Hong Kong shares, but both end June way ahead of dismal May
Stocks Blog: Trade talks between Donald Trump and Xi Jinping directing investors' moves

The Shanghai Composite ended the month of June up 2.8 per cent while the Hang Seng rose 6.1 per cent over the month. That was a huge reversal for both from dismal May, when they suffered big losses amid the escalation of trade tensions.  

28 Jun 2019 - 6:01PM

The Shanghai Composite ended the month of June up 2.8 per cent while the Hang Seng rose 6.1 per cent over the month. That was a huge reversal for both from dismal May, when they suffered big losses amid the escalation of trade tensions.  

Stocks Blog: Trade talks between Donald Trump and Xi Jinping directing investors' moves
China, Hong Kong markets boosted by upbeat sentiment that Xi-Trump trade discussions will deliver positive results

Kweichow Moutai, a popular baijiu maker, shot above 1,000 yuan per share in intraday trading, making it the first Chinese stock to achieve that milestone.

27 Jun 2019 - 5:52PM

Kweichow Moutai, a popular baijiu maker, shot above 1,000 yuan per share in intraday trading, making it the first Chinese stock to achieve that milestone.

China, Hong Kong markets boosted by upbeat sentiment that Xi-Trump trade discussions will deliver positive results
Stocks Blog: US, China tentatively agree on trade truce ahead of G20, sources tell SCMP

Kweichow Moutai becomes first Chinese stock to top 1,000 yuan 

27 Jun 2019 - 5:22PM

Kweichow Moutai becomes first Chinese stock to top 1,000 yuan 

Stocks Blog: US, China tentatively agree on trade truce ahead of G20, sources tell SCMP
Defensive health care plays help Hong Kong, Shanghai stock markets ahead of high-stakes Xi-Trump trade meeting

After markets closed here, US Treasury Secretary Steven Mnuchin said of a possible trade deal ‘I think there’s a path to complete this’. Earlier, traders looked for safe havens like health care stocks.

26 Jun 2019 - 9:59PM

After markets closed here, US Treasury Secretary Steven Mnuchin said of a possible trade deal ‘I think there’s a path to complete this’. Earlier, traders looked for safe havens like health care stocks.

Defensive health care plays help Hong Kong, Shanghai stock markets ahead of high-stakes Xi-Trump trade meeting
Stocks Blog: All eyes on Osaka as Xi and Trump prepare to talk trade at G20

US Fed chairman Jerome Powell reiterates signals that a rate cut is coming due to weakness in the US economy

26 Jun 2019 - 6:00PM

US Fed chairman Jerome Powell reiterates signals that a rate cut is coming due to weakness in the US economy

Stocks Blog: All eyes on Osaka as Xi and Trump prepare to talk trade at G20
Trade war uncertainties, probe in US spotlighting Chinese banks spook investors, sending China and Hong Kong stocks tumbling

Three Chinese banks were spotlighted in a US probe alleging violations of North Korea sanctions. They denied wrongdoing, but saw big drops in their share prices.

25 Jun 2019 - 5:47PM

Three Chinese banks were spotlighted in a US probe alleging violations of North Korea sanctions. They denied wrongdoing, but saw big drops in their share prices.

Trade war uncertainties, probe in US spotlighting Chinese banks spook investors, sending China and Hong Kong stocks tumbling
Stocks Blog: China, Hong Kong markets fall ahead of high-stakes meeting of Donald Trump and Xi Jinping at G20

Bank stocks tumble after news report that they are in possible breach of US sanctions against North Korea. The three Chinese banks spotlighted denied the allegations.

25 Jun 2019 - 5:22PM

Bank stocks tumble after news report that they are in possible breach of US sanctions against North Korea. The three Chinese banks spotlighted denied the allegations.

Stocks Blog: China, Hong Kong markets fall ahead of high-stakes meeting of Donald Trump and Xi Jinping at G20
Hong Kong, Shanghai indexes end higher for sixth straight day

Property stocks were among gainers in Hong Kong, bolstered by expectations for an interest-rate cut next month from the US Federal Reserve

24 Jun 2019 - 8:42PM

Property stocks were among gainers in Hong Kong, bolstered by expectations for an interest-rate cut next month from the US Federal Reserve

Hong Kong, Shanghai indexes end higher for sixth straight day
Investors get gold fever. But look out if Trump-Xi meeting this week is seen as a big success

Investors should watch for signs out of the Xi-Trump meeting this week in Japan, which, if perceived as a big success could hurt gold’s appeal as a safe haven.

24 Jun 2019 - 9:05AM

Investors should watch for signs out of the Xi-Trump meeting this week in Japan, which, if perceived as a big success could hurt gold’s appeal as a safe haven.

Investors get gold fever. But look out if Trump-Xi meeting this week is seen as a big success
In Hong Kong, search for ‘cyber theft’ insurance stumps aspiring cryptocurrency exchanges

For cryptocurrency exchanges and custodians, complying with Hong Kong’s new rule on insurance is a costly challenge.

2 Jul 2019 - 12:47PM

For cryptocurrency exchanges and custodians, complying with Hong Kong’s new rule on insurance is a costly challenge.

In Hong Kong, search for ‘cyber theft’ insurance stumps aspiring cryptocurrency exchanges
New class of active managed ETFs debuts in Hong Kong, as CICC rolls out US money market fund

China International Capital Corporation first to market with actively managed ETF, enabling access to US dollar money market assets

20 Jun 2019 - 4:40PM

China International Capital Corporation first to market with actively managed ETF, enabling access to US dollar money market assets

New class of active managed ETFs debuts in Hong Kong, as CICC rolls out US money market fund
Hong Kong to become a hub for catastrophe bonds as Greater Bay Area takes shape

Cross-border reinsurance business seen as growth market for Hong Kong

18 Jun 2019 - 12:09PM

Cross-border reinsurance business seen as growth market for Hong Kong

Hong Kong to become a hub for catastrophe bonds as Greater Bay Area takes shape
Will stock picking managers help deliver US$85 billion to China’s A-share market?

As MSCI increases the weightage of A shares in its gauges, it remains to be seen if stock picking managers, who last month pulled record levels of capital out of China’s domestic stock market through the stock connects, will bolster their positions and increase there exposure.

12 Jun 2019 - 10:27PM

As MSCI increases the weightage of A shares in its gauges, it remains to be seen if stock picking managers, who last month pulled record levels of capital out of China’s domestic stock market through the stock connects, will bolster their positions and increase there exposure.

Will stock picking managers help deliver US$85 billion to China’s A-share market?
Taiwan bans China-made semiconductors from cable TV boxes, in line with new cybersecurity law

The move is a further headache for HiSilicon, a unit of Huawei, which has struggled to maintain client relationships amid US trade restrictions

10 Jun 2019 - 2:41PM

The move is a further headache for HiSilicon, a unit of Huawei, which has struggled to maintain client relationships amid US trade restrictions

Taiwan bans China-made semiconductors from cable TV boxes, in line with new cybersecurity law
New rule, shadow banking crackdown will increase Chinese banks’ non-performing loan ratios, warns Alvarez & Marsal

New ‘window guidance’ requires loans to be reclassified as non performing after 60 days without payment, more stringent than the 90-day rule in Europe

6 Jun 2019 - 6:00AM

New ‘window guidance’ requires loans to be reclassified as non performing after 60 days without payment, more stringent than the 90-day rule in Europe

New rule, shadow banking crackdown will increase Chinese banks’ non-performing loan ratios, warns Alvarez & Marsal
Can you spare some AI? Ping An OneConnect says it has the powerful tools to help other banks manage risk

The virtual bank licence holder is developing a range of technology that can help manage fraud and loan default risks

5 Jun 2019 - 4:03PM

The virtual bank licence holder is developing a range of technology that can help manage fraud and loan default risks

Can you spare some AI? Ping An OneConnect says it has the powerful tools to help other banks manage risk