Dalian Wanda Commercial Properties debuts in Hong Kong on Tuesday in what will be Asia's biggest initial public offering this year, but market sentiment is far from strong, experts say.» Read More
HONG KONG, Dec 17- The billionaire behind shopping mall developer Dalian Wanda says China's era of rapid urbanisation will end within a decade, so he is speeding up his company's shift toward tourism and entertainment after a $3.7 billion initial public offering. Wang Jianlin became China's fourth-richest man in part by following the migration of 300 million...
*China home-price data shows 1st y/y fall since Nov 2012. SHANGHAI, Oct 24- China stocks rebounded from one-month lows by midday Thursday, shrugging off downbeat property data as investors snapped up some companies with robust earnings. Hong Kong shares slipped for a second straight day, weighed down by falls in property shares, while gains on the mainland market...
SHANGHAI, Oct 20- Hong Kong shares finished slightly higher on Monday, underpinned by positive U.S. economic data and in line with regional bourses, but investors stayed cautious due to recent volatility. Top index boost China Overseas Land& Investment gained 1.7 percent and China Resources Land rose 0.9 percent. Sands China rose 0.9 percent and Galaxy...
*Macau casinos lead gains as investors bet on technical rebound. HONG KONG, Oct 6- Hong Kong shares started the week stronger, as a scaling down in pro-democracy protests let some disrupted sectors resume work while upbeat U.S. jobs data boosted sentiment. At midday, Hong Kong's Hang Seng Index was up 0.5 percent to 23,184.24 points.
*HSI -1.0 pct, H-shares -0.8 pct, China shut for holiday. HONG KONG, Oct 3- Hong Kong shares sank to 4-1/ 2 month lows on Friday, with investors unloading stock amid the continued civil unrest in the city and more gloomy economic news on China. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.8 percent to a more than three-month low.
HONG KONG, Sept 18- Hong Kong shares finished lower on Thursday after weak Chinese housing data heightened concerns of a deepening downtrend in the property sector that is weighing on the broader economy. China Resources Land sank 2.8 percent, a leading percentage loser on the Hang Seng, and China Overseas Land& Investment shed 1.8 percent.
*China developers seeking new capital sources as liquidity tightens. HONG KONG, Aug 27- Global private equity firm Carlyle Group is in talks with China Vanke Co Ltd to acquire some of Vanke's commercial properties through assets or shares acquisition, the biggest Chinese property developer said on Thursday.
*China developers seeking new capital sources as liquidity tightens. HONG KONG, Aug 27- Global private equity firm Carlyle Group is in advanced talks with China Vanke Co Ltd, the country's largest property developer, to buy stakes in nine of its shopping malls, two people with direct knowledge of the matter told Reuters.
SHANGHAI, Aug 19- Hong Kong shares ended at more than six-year highs on Tuesday, in a catch-up to strong global markets and buoyed by strength in property companies. The Hang Seng Index rose 0.7 percent to 25,122.95 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong edged up 0.3 percent.
HONG KONG, Aug 11- Hong Kong shares posted solid gains on Monday with property leading the advance, helped by stronger Chinese mainland bourses as the Shanghai benchmark index closed at its highest in eight months. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong added 1.9 percent.
*Orient Overseas jumps as earnings top forecast. HONG KONG, Aug 11- Hong Kong and China shares started the week strongly, with property and financial counters leading gains, as mild Chinese consumer inflation data on Saturday gave authorities room to further relax monetary policy.
HONG KONG, July 31- Hong Kong shares posted their best monthly performance since 2012 on Thursday, though gains for the day were capped by weakness in a few Chinese heavyweight companies. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong also edged up 0.1 percent.
*China Resources Land extends gains after Barclays upgrade. HONG KONG, July 31- Hong Kong and China shares, on track for their best month since 2012, had choppy trading in reduced volumes on Thursday as investors remained cautious ahead. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.4 percent.
HONG KONG, July 23- An index of major China companies listed in Hong Kong on Wednesday surged to its highest close this year, as investors piled into financial and energy stocks seen as undervalued.
Hong Kong shares also edged lower, with the Macau gaming sector extending losses as revenue remained sluggish during the first week of July. The China Enterprises Index of the top Chinese listings in Hong Kong was flat.
HONG KONG, July 7- Hong Kong shares finished flat on Monday, as strength in the property sector was undercut by losses for Macau casino stocks that recently rallied. China Resources Land and China Overseas Land& Investment advanced 1.6 and 1.7 percent, respectively, on the loosening of housing policies in some cities.
HONG KONG, July 4- Hong Kong's benchmark index ended flat on Friday, as early gains on upbeat U.S. jobs data was cancelled out by weakness in mainland markets. The China Enterprises Index of leading offshore Chinese listings in Hong Kong added 0.3 percent, rising in all four trading sessions this week.
*Hong Kong retailers suffer after data disappoints. HONG KONG, July 4- China shares slipped from two-week highs early Friday as investors took profit on recent outperformers, though a stronger property sector helped limited losses.
China Resources' chairman allocated many of its investment banking deals over the past five years to institutions employing his alleged mistress.
A small Chinese developer has splurged $3.3 billion on land in the past nine months even as property sales slow and home builders scrabble for cash.