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Asia Top News and Analysis Hong Kong


  • World's Biggest Gambling Nations Monday, 4 Jul 2011 | 9:03 PM ET
    Mention gambling and glitzy images of Las Vegas come to mind. But you'll be surprised to know Americans are not the world's biggest gamblers. In fact, the world’s biggest gambling nations include plenty of unlikely candidates.The rankings are based on data from , a consultancy based in London. They take into account average gaming losses (the amount bet and never recovered) in a year divided by the adult population in over 200 countries. The numbers include money lost on all types of betting inc

    The world’s biggest gambling nations include plenty of unlikely candidates. Read on to find out the countries with the biggest losers and the boldest gamblers.

  • New York Stock Exchange (NYSE)

    New York soon will no longer be the financial capital of the world thanks to a hostile government that has served up a menu of punitive regulations aimed at driving big banks out of the country, says analyst Dick Bove.

  • How to Make Money in China's Property Sector Now Wednesday, 29 Jun 2011 | 7:39 PM ET
    Apartments in China

    The recent slew of credit tightening measures and higher downpayment requirements for home buyers in China have begun to slow the country's red hot property market and that could lead to more small- and mid-cap Chinese property developers being taken private, presenting an opportunity for investors, according to Daiwa Capital Markets.

  • Prada Lacks Strong Brand Loyalty in China: Analyst Thursday, 23 Jun 2011 | 11:38 PM ET
    Prada Lacks Strong Brand Loyalty in China: Analyst

    Italian fashion house Prada posted small gains on its trading debut in Hong Kong on Friday, and one analyst says he wouldn’t buy its shares right now because the retailer simply doesn’t have the same level of recognition in China as other luxury brands. 

  • Samsonite Plans Dividends, to Enter New Segments: CEO Wednesday, 15 Jun 2011 | 10:26 PM ET

    Samsonite shares dropped as much as 10 percent on their debut in the Hong Kong on Thursday as investor appetite for new listings waned. But CEO Timothy Parker said he believed the territory is a great market, and hoped to be able to pay dividends to the company's new shareholders.

  • Samsonite to Debut in a Crowded Hong Kong Market Tuesday, 14 Jun 2011 | 11:40 PM ET

    When luggage maker Samsonite makes its trading debut in Hong Kong on Thursday, it will be joining an elite but overcrowded list.

  • Is the Era of the IPO Over? Friday, 10 Jun 2011 | 5:57 AM ET

    Initial public offerings have underperformed the market since the credit crisis began, so are they still the best way for businesses to raise money?

  • A Bid for Culture in a City of Commerce Tuesday, 7 Jun 2011 | 9:05 AM ET

    In Hong Kong, the government has finally jump-started a cultural development project that has been plagued with red tape for years. The NYT reports.

  • Hong Kongers Hooked on Work Thursday, 2 Jun 2011 | 4:03 AM ET
    SAN FRANCISCO - APRIL 18: BlackBerry user Douglas Philips checks emails on his BlackBerry April 18, 2007 in San Francisco, California. Millions of BlackBerry users across the United States experienced a disruption in email service as Canada based Research in Motion dealt with technical difficulties with its email servers. (Photo by Justin Sullivan/Getty Images)

    Hong Kongers are Asia Pacific’s most hardworking people, with 77 percent glued to work outside of office hours, compared with a regional average of 66 percent, according to recruitment firm Robert Half.

  • As China’s Workers Get a Raise, Companies Fret Tuesday, 31 May 2011 | 11:52 PM ET

    The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.

  • Short Interest May Signal Rally in Hong Kong: Strategist Wednesday, 25 May 2011 | 9:58 PM ET

    Hong Kong stocks have seen a steep slide in the last month, shedding nearly 6 percent, with a record amount of short-selling. according to one strategist. But he thinks this could actually be a positive sign.

  • Why Glencore Is Unfazed by Commodities Rout Sunday, 22 May 2011 | 11:41 PM ET

    Given this type of market volatility, conventional wisdom would suggest this isn’t the best environment or time for a commodity company to raise capital through an initial public offering. Glencore though, doesn’t appear unduly concerned about the wild market moves.

  • Are Diamonds the New Gold for China? Thursday, 19 May 2011 | 8:22 PM ET
    Flawless pear-shaped 72.22-carat diamond

    The World Gold Council’s first quarter report shows demand from China for gold jewelry jumped 21 percent year on year to 142.9 tons, but some fund managers are betting on diamond and gem set jewelry to give higher returns.

  • Euro Lifts, Dollar Slips Friday, 13 May 2011 | 10:03 AM ET

    The euro is strengthening on solid GDP reports, but the latest CPI data fails to inflate the dollar — it's time for your FX Fix.

  • Is This the Right Time for Glencore to Go Public? Friday, 13 May 2011 | 4:30 AM ET

    Glencore closed its books a day early, suggesting strong demand for its upcoming $11 billion IPO. But there has also been much concern about whether the dual listing will do well given the recent volatility in commodities markets.

  • Backlash Against Hong Kong Baby Boom Tuesday, 10 May 2011 | 10:11 AM ET

    For a city with an aging population, a baby boom should be good news. But the one under way in Hong Kong is the result of women travelling across the border from mainland China to give birth in the city, and it is provoking an angry backlash. The FT reports.

  • Glencore Eyes Mid-$50bn Valuation Tuesday, 3 May 2011 | 10:16 PM ET
    Chemoil Energy

    Glencore is set to price its initial public offering at a level that will give the commodities trading house a valuation in the mid-$50bn range, below an average forecast of $62bn, according to people familiar with the deal. The Financial Times reports.

  • Investor Warns on Rush for Web Stars Sunday, 1 May 2011 | 9:32 PM ET

    Investors are rushing investment decisions on hot internet companies and accepting weaker ownership rights than in the dotcom bubble, one of the biggest private equity investors in media and communications has warned. The Financial Times reports.

  • Keen Appetite for Hong Kong’s Dim Sum Bonds Wednesday, 27 Apr 2011 | 7:35 PM ET

    Four years after coming into existence, Hong Kong’s nascent market for renminbi-denominated bonds — a core plank in China’s drive to internationalize its currency — has burst into life. The Financial Times reports.

  • KOSPI's Run-Up to Continue; Next Target 2250-2300 Tuesday, 26 Apr 2011 | 9:12 PM ET
    GUPPY 2604.jpg

    The KOSPI leads the behavior of indices in the ASEAN region. When the KOSPI retreats then there is a high probability that the Hang Seng, the Straits Times Index and the TAIEX will also follow the same behavior.