As Beijing remains supportive, mainland equity markets could still see "moderate upside", says David Cui, head of China equity strategy at Bank of America Merrill Lynch.» Read More
Many investors see Hong Kong's China Enterprise Index, also known as the Red Chip Index, as a proxy for the Shanghai Composite Index. But the Red Chip Index has its own driving forces. This week, Charting Asia takes a look at red chips.
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.