Initial public offerings (IPOs) have had a rough time on Hong Kong's Hang Seng index. Louis Wong, Head Of Research at Phillip Securities, examines the underlying factors.» Read More
Chinese bank stocks fell on Thursday in Hong Kong after a report by Shanghai Securities News that new lending by China’s four biggest state-owned banks was flat in the first two weeks of May.
Trading, measured by the turnover in Hong Kong and Singapore equities, fell in the first four months of the year on concerns over Europe’s debt crisis and as investors seek alternative investments to stocks after recent corporate scandals and the 2008 global financial crisis.
Hong Kong, the hottest initial public offering (IPO) market in the world in 2011, has seen a precipitous slowdown in listings because of market uncertainty and low valuations.
China stocks may stabilize on Thursday after sharp losses a day earlier, with automaker and defense stocks in focus.
The London Metal Exchange, the world’s largest metal-trading platform, should be able to get an offer of at least a billion pounds ($1.6 billion), CEO Martin Abbott told CNBC.
The best economic growth story of the 21st century has been a poor investment play. While its gross domestic product has shot up, China’s equity market has languished. The FT reports.
Ronald Arculli, Chairman, Hong Kong Exchanges & Clearing (HKEX) explains why mergers and acquisitions are not necessarily the best way for a stock exchange to expand.
Alex Wong, Director, Asset Management, Ample Capital, says the selloff in Sun Hung Kai Properties is an overreaction and recommends investors buy shares in the company at HK$95.
Shares of Sun Hung Kai Properties, Asia’s largest real estate developer, tumbled 12 percent on Friday after the company’s billionaire owners were arrested on suspicion of corruption.
As China’s construction boom slows, steel mills across the country are scrambling to find ways to bolster profits, and one has hit on an unusual strategy: raising pigs. The FT reports.
Indonesian Trade Minister Gita Wirjawan told CNBC on Tuesday that Southeast Asia's largest economy was not adopting protectionist policies and was only following in the footsteps of other developed countries.
Dickie Wong, Executive Research Director at Kingston Financial Group says that Swire's IPO on the Hong Kong stock exchange will be a safe play in 2012.
Eric Landheer, SVP and Head of Issuer Marketing of Hong Kong Exchanges and Clearing discusses smaller companies being allowed to seek capital in Hong Kong, and says that they are currently quite active in Mongolia. He also says that he expects to continue to see a flow of listings on the Hong Kong market, particularly in the consumer goods sector.
Yao Gang, vice-chairman of the China Securities Regulatory Commission, pledged to “deepen” China’s capital markets reforms and to make sure Hong Kong is one of the main beneficiaries of the changes. The FT reports.
While 2012 is likely to be mostly directionless for most markets, Viktor Shvets, MD & Head of Research & Strategy, Samsung Securities Asia is making a bullish call on China.
Alex Arena, Group Managing Director of HKT Trust says the company will use $1 billion from its IPO to repay debt.
One way to ride the surge in China’s wealth is to invest in stocks of luxury brands, say analysts. Here are some of their top picks.
Ronald Arculli, Chairman of Hong Kong Exchanges and Clearing, says HK is not immune to the global financial turmoil. The recent tech upgrade, he adds, will help HKEx introduce new business lines.
CNH market has created competition for deposits in Hong Kong, says Tom Quarmby, director, Equity Research at Barclays Capital.
Mortgage rates in Hong Kong, which have jumped nearly 200 basis points (bps) over the last 6 months, could rise to as much as 4.5 percent by the end of 2012, according to Barclays Capital, making it much harder for first-time homebuyers to enter the market.