Chinese insurer PICC priced its Hong Kong IPO near the bottom of the range, the latest sign of tepid appetite for new listings in the city.» Read More
CITIC Securities, China's largest securities firm by market value, is considering listing in Hong Kong in the wake of its pioneering joint venture agreement with US investment bank Bear Stearns, the Financial Times reported on Monday.
Shares in Alibaba.com more than doubled in their trading debut on Tuesday, topping expectations, after China's largest e-commerce firm raised $1.49 billion in Hong Kong's most popular initial public offering.
Chinese stocks were mixed on Friday after Beijing denied reports that it was studying a proposal to permit swaps of shares listed in both the domestic stock market and Hong Kong.
Beijing has floated the idea of allowing share swaps in firms listed in mainland China (A-shares) and in Hong Kong (H-shares), powering the Hang Seng Index to a record high, while the Shanghai market skidded.
Active trading today in NASDAQ big caps (Google , Apple, Amazon, Apple), international oil companies, and Chinese stocks. Chinese stocks? Chinese Communist Party holds their annual meeting next week (no I'm not going), Hang Seng in Hong Kong and Shanghai index hit historic highs yesterday.
Hong Kong and the mainland should develop one China market -- a single listing and trading platform covering Hong Kong, Shanghai and Shenzhen, a local newspaper quoted the Hong Kong bourse chief as saying.