Tag Archive | "shares"

Fosun Pharma shares soar 36% in Hong Kong on $935m stock sale plan

Fosun Pharma shares soar 36% in Hong Kong on 5m stock sale plan Shares in Shanghai Fosun Pharmaceutical Group soared in Hong Kong trading after the firm announced plans to raise some CN¥ 5.8bn (£624m, €866m, $ 935m) through a private placement of shares to repay debt and boost working capital. The stock … Full News […]

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Hong Kong shares post 5th weekly gain, but lose some steam

Hong Kong shares post 5th weekly gain, but lose some steam On Friday, mainland investors used only a bit more than 2 billion yuan ($ 322.86 million) to buy Hong Kong shares under the Shanghai-Hong Kong Stock Connect scheme, or one-fifth of the 10.5 billion yuan daily quota. But many believe more Chinese money … Full […]

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Hong Kong regulator feels heat over decision on dual-class shares

Hong Kong regulator feels heat over decision on dual-class shares What have Jack Ma, Li Ka-shing and a Dodge automobile got in common? Skip the jokes about the unlikeliness of Asia's richest men travelling in an American muscle car and Hong Kong's bankers, investors and lawyers could find out soon. Asia's most … Full News here […]

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Hong Kong Tourism Board shares results of latest cruise studies

Hong Kong Tourism Board shares results of latest cruise studies LOS ANGELES, CA – Two new studies on Asia's cruise market released today by the Hong Kong Tourism Board (HKTB) reveal a potential 83 million cruise passengers in Greater China and highlight how Hong Kong and regional ports are gearing up to tap … Full News […]

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Hong Kong shares edge up, lifted by China banking stocks

Hong Kong shares edge up, lifted by China banking stocks Chinese banks listed in Hong Kong, including Industrial and Commercial Bank of China, China Construction Bank and Bank of China, which represent sizable weightings in Hong Kong's benchmark index, all posted strong gains. Among the most actively … Full News here – Read more on Reuters

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Hong Kong shares extend gains on China c.bank comments

Hong Kong shares extend gains on China c.bank comments Hong Kong investors were encouraged by Chinese central bank governor Zhou Xiaochuan's remarks that showed government support for the stock market. "Zhou's comments were the key to today's market movement. Investor sentiment has improved, and it … Full News here – Read more on Reuters

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Hong Kong shares end flat amid economy concerns

Hong Kong shares end flat amid economy concerns Among the most actively traded stocks on Hong Kong's main board were Ping Shan Tea Group Ltd, up 3.5 percent to HK$ 0.06; ICBC, down 0.7 percent to HK$ 5.66 and CCB , down 0.5 percent to HK$ 6.42. Total trading volume of companies included in the … […]

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HSBC leads slide in Hong Kong stocks, casino shares weak

HSBC leads slide in Hong Kong stocks, casino shares weak HONG KONG, Feb 24 (Reuters) – Hong Kong stocks fell on Tuesday, with HSBC Plc leading the slide after disappointed earnings, and casino stocks were under pressure as investors locked in gains while awaiting earnings reports from blue chips later this … Full News here – […]

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Hong Kong shares ease ahead of blue-chip earnings, Prada jumps

Hong Kong shares ease ahead of blue-chip earnings, Prada jumps HONG KONG, Feb 23 (Reuters) – Hong Kong shares dipped on Monday, with oil firms and casino operators leading the slide, as investors awaited direction from major corporate earnings later the week, marking a weak start to the Year of Goat. The Hang … Full News […]

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Hong Kong shares fall despite China c.bank pledge to support economy

Hong Kong shares fall despite China c.bank pledge to support economy Feb 11 (Reuters) – Hong Kong shares finished lower on Wednesday, weighed down by banking stocks as investors worried about the health of China's economy. There was muted response in Hong Kong for the People's Bank of China's pledge late on … Full News here […]

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Hong Kong shares rise for a 4th day as holiday break nears

Hong Kong shares rise for a 4th day as holiday break nears Feb 17 (Reuters) – Hong Kong's main stock index rose for the fourth day in a row on Tuesday, taking cues from mainland shares, but volume was the lowest in nearly two months as many have left trading desks for the Lunar New […]

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Hong Kong shares slip on discouraging China trade data

Hong Kong shares slip on discouraging China trade data Among the most actively traded stocks on Hong Kong's main board were China Jianhai, up 12.3 percent to HK$ 0.07 ICBC, down 1.3 percent to HK$ 5.54 and Kaisa Group , up 17.6 percent to HK$ 1.87. Total trading volume of companies included in the HSI … […]

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Hong Kong shares gain on Greece hopes, higher oil price

Hong Kong shares gain on Greece hopes, higher oil price Feb 4 (Reuters) – Hong Kong shares rose in line with most Asian markets, lifted by a rebound in the oil price and encouraging developments in Greece. The new Greek government dropped calls for a write-down of its foreign debt, easing concerns about … Full News […]

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REFILE-Hong Kong shares close up on mainland China boost

REFILE-Hong Kong shares close up on mainland China boost (Refiles to remove extra letters in headline). Feb 3 (Reuters) – Hong Kong shares recouped earlier losses to end higher on Tuesday, as stronger mainland Chinese markets offset the impact of disappointing U.S. economic data. Mainland markets snapped a … Full News here – Read more on […]

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Hong Kong shares end down on poor factory data, banks drag

Hong Kong shares end down on poor factory data, banks drag Among the most actively traded stocks on Hong Kong's main board were Chaoda Modern Agriculture Holdings Ltd, down 45.5 percent at HK$ 0.60, China Minsheng Banking Corp Ltd , down 3.1 percent at HK$ 9.16 and China Construction Bank, down 1.1 … Full News here […]

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