Francis Cheung, Head of China and Hong Kong Strategy at CLSA, highlights the equities that are poised to benefit from the Shanghai-Hong Kong stock connect.» Read More
BEIJING/ SHANGHAI, Sept 18- Worries that China's economy may be slowing further intensified on Thursday as data showed home prices fell for the fourth straight month, adding to expectations that Beijing will need to do more to stimulate activity.
*Hyundai bids more than 3 times appraisal price. SEOUL, Sept 18- Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics Co Ltd and sparking investor concerns that it is wasting cash on a trophy property.
BEIJING, Sept 18- When China's top leaders gathered at the seaside resort town of Beidaihe last month, they agreed the economic focus for the rest of the year would be to put reform ahead of stimulus and accept growth could come in below their target of 7.5 percent.
HONG KONG, Sept 18- China shares held onto slim gains on Thursday, as a jump in banking stocks outweighed falling property developers hurt by weak housing data. Gemdale Corp shed 2.9 percent, while Poly Real Estate Group lost 0.9 percent.
BEIJING, Sept 18- China's new home prices fell in August for a fourth straight month and declines spread to a record number of cities, underlining a deepening downtrend in the property market that is increasingly weighing on the broader economy.
HONG KONG, Sept 18- China shares extended gains on Thursday morning bolstered by a leap in bank and brokerage stocks, while the Hong Kong market dipped back into the red as economic worries prevailed. "For Hong Kong, the negative impact mainly comes from the Chinese economy," said Linus Yip, strategist at First Shanghai Securities.
BEIJING, Sept 18- China home prices fell in August for a fourth straight month, official data showed on Thursday, underlining a deepening downtrend in the property market that is increasingly weighing on the broad economy.
BEIJING, Sept 18- Average new home prices in China's 70 major cities fell 1.1 percent in August from July, a fourth consecutive monthly drop, according to Reuters calculations from official data published on Thursday.
*Uncertainty persists over Scotland referendum. NEW YORK, Sept 17- Stock markets around the world edged higher on Wednesday after the U.S. "There are no major changes, and the market should be reasonably satisfied with that," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York.
NEW YORK, Sept 17- Stock markets around the world were little changed on Wednesday as investors awaited the Federal Reserve's policy statement, with expectations high that the U.S. central bank will maintain a pledge to keep rates low for a "considerable time."
*Uncertainty persists over Scotland referendum. NEW YORK, Sept 17- Stock markets around the world rose on Wednesday, boosted by speculation that the U.S.
HONG KONG, Sept 17- China shares ended higher on Wednesday, reversing earlier losses, supported by machinery firms and property developers that were buoyed by Premier Li Keqiang's plans on urbanization.
HONG KONG, Sept 17- Hong Kong shares rebounded from eight-week lows on Wednesday, tracking gains in U.S. markets on speculation the Federal Reserve will maintain a pledge to keep rates low when a two-day policy meeting ends later in the day. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.7 percent.
SYDNEY, Sept 17- Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session.
BEIJING, Sept 16- China's price regulator has summoned executives from Toyota Motor Corp over pricing policies and practices for spare and replacement parts at its luxury Lexus division, people with direct knowledge of the matter said.
HONG KONG, Sept 16- China shares had their worst day in more than six months on Tuesday, as investors continued to fret about weak economic data and started to worry about liquidity as a new batch of initial public offerings loomed.
*Eleven companies to list in Shanghai market. *Gold shares up on expected early start to trade plan. SHANGHAI, Sept 16- China shares fell early Tuesday on worries about the economy, but the losses were erased and indexes flat at midday thanks to support from resource companies.
SHANGHAI, Sept 15- China will ban the import and local sale of coal with high ash and sulfur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners.
SHANGHAI, Sept 15- China will ban the import and local sale of coal with high ash and sulphur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners the hardest.
HONG KONG, Sept 15- Shanghai shares eked out modest gains to end at their highest in more than 1-1/ 2 years on Monday, underpinned by prospects of further government stimulus to buttress a slowing economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings ended down 0.1 percent. Inner Mongolia BaoTou Steel Union led gains among steel-makers.