Asian shares were mostly higher on Friday but were off session highs by the afternoon after upbeat U.S. economic data spurred a strong risk-on rally.» Read More
HONG KONG, Dec 2- Mainland Chinese investors took profit on outperforming penny stocks listed in Shenzhen early, while brokerages jumped early Monday after China's securities regulator signalled the likely resumption of initial public offering approvals as soon as next month.
HONG KONG, Nov 29- Hong Kong shares crept higher early on Friday, with mainland markets again tepid and the Chinese shipping sector buoyed by surging dry bulk rates and media reports that a plan to rejuvenate the industry has been submitted to the State Council for approval.
HONG KONG, Nov 25- China shares bounced off the day's lows early on Monday, buoying Hong Kong markets, as weakness for oil giant Sinopec Corp was offset by strength in defense-related companies after Beijing imposed new rules on airspace over disputed waters.
HONG KONG, Nov 24- A group of 10 investors, including Norway's sovereign wealth fund and Och-Ziff Capital Management Group LLC, have together committed to buy about $1.1 billion into China Cinda Asset Management Corp as part of its Hong Kong IPO, people familiar with the matter said on Sunday.
HONG KONG, Nov 22- Oaktree Capital Group LLC, the world's largest distressed debt investor, is among a group of firms buying shares of China Cinda Asset Management Corp as part of its up to $2.5 billion initial public offering, sources said on Friday.
HONG KONG, Nov 22- Oaktree Capital Group LLC, the world's largest distressed debt investor, is among a group of companies buying shares of China Cinda Asset Management Corp as part of the Chinese company's up to $2.5 billion initial public offering, sources said on Friday.
HONG KONG, Nov 13- Hong Kong shares hit a two-month low early on Wednesday, underperforming mainland markets as disappointed investors cut risk exposure after a perceived lack of details on highly-awaited reforms from a key Communist Party policy meeting.
*China's top two insurers climb after strong earnings. HONG KONG, Oct 28- Hong Kong shares rebounded from a seven-week low in lackluster volumes early on Monday, led by some financial and energy counters after the weekend brought upbeat quarterly earnings. The Hang Seng Index, which ended Friday at its lowest since Sept. 6, climbed 0.5 percent at 22,807.1 points.
HONG KONG, Oct 28- Hong Kong shares may start higher on Monday after a top Chinese leader reportedly promised "unprecedented" economic and societal reforms at the Communist Party's much anticipated plenum meeting next month. China Telecom, Anhui Conch Cement and COSCO Pacific are among companies due to report quarterly earnings later in the day.
*Margin issues hit Great Wall Motor despite Q3 sales gap. HONG KONG, Oct 25- Shanghai shares sank to their lowest in a month on Friday, weighing on Hong Kong markets, as investors were driven more by a desire to exit this year's outperformers than by fear of tighter money in the mainland.
HONG KONG, Oct 25- Hong Kong shares may open down on Friday, with investors cautiously watching China's short-term money rates after a spike in the last two sessions triggered profit taking in growth-sensitive counters.
HONG KONG, Oct 15- Hong Kong shares could start higher on Tuesday after senior U.S. Senate leaders indicated that they were within striking distance of a deal that could resolve a fiscal standoff and help avert an unprecedented U.S. debt default.
*China big four banks, Ping An insurance beat expectations. SHANGHAI, Aug 30- Stock markets in China rose on Friday alongside most regional peers, lifted by finance, insurance and retailers after Chinese bank earnings beat expectations and worries there would be an attack on Syria by the U.S. receded.
HONG KONG, Aug 30- Hong Kong shares could extend gains into a second day on Friday as favourable U.S. data and increases on Wall Street gains lift sentiment, and as possible U.S.-led military action against Syria appeared less likely.
HONG KONG, Aug 28- China Life Insurance Co Ltd, the world's biggest insurer by market capitalization, posted a higher-than-expected 68 percent increase in first-half net profits but regulatory changes and fierce competition will pressure its earnings for the rest of the year.
BEIJING, July 19- The success or failure of China's efforts to revamp its giant economy may rest with workers like Hu Zhao and Deng Jindong. They were both at a job fair in Beijing this week. As Beijing shifts the economy away from manufacturing, the growth that has been the envy of the world for decades is slowing down.
LONDON, July 18- Top insurers will have to hold more capital from 2019 to cover risks they pose to the financial system should they go bust, global regulators said on Thursday. Regulators also released an initial list of nine insurers, including AIG and Allianz SE, that have been deemed globally significant and will likely have to meet those new requirements.
*Ping An Insurance Company of China Ltd.
*7 pct growth won't hurt China's reforms: official media. HONG KONG, July 16- China shares slid on Tuesday, weighing on Hong Kong as both markets traded narrowly, with financial and property stocks dampened by an official news report saying quarterly or annual growth of below 7 percent was acceptable.
HONG KONG, July 15- China shares extended recent gains on Monday, lending support to Hong Kong stocks, as worries about a potentially sharp slowdown in China eased after GDP data was in line with expectations.