HONG KONG, July 25- Hong Kong's benchmark share index rose 0.3 percent on Friday, closing at its highest level in more than three years, buoyed by stronger China markets. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose 0.5 percent to its highest close since December 13.
*New China Life Insurance drops after report says Temasek sold shares. HONG KONG, July 25- China shares are headed for their best weekly gain in 3-1/ 2 months on Friday, powered by continued strength in blue chips including bank stocks that is helping mainland markets outperform Hong Kong.
HONG KONG, July 3- Hong Kong's benchmark index slipped on Thursday but stayed close to a near seven-month peak as some investors took profit on strong gains the previous day. The top drag on the Hang Seng was Asia insurance giant AIA Group, which slid 0.9 percent following a 2.4 percent gain on Wednesday.
HONG KONG, June 17- Hong Kong shares finished lower on Tuesday, dragged down by underperforming financial companies and a weaker Macau gaming sector. Asia insurer giant AIA Group shed 1.4 percent, while HSBC Holdings slipped 0.4 percent.
May 14- China's CITIC Pacific Ltd said it had secured $5.1 billion to help fund the purchase of some $36 billion in assets from its state-owned parent company, as strategic investors lined up to give the landmark deal their blessing.
Company seeking Hong Kong exchange nod on Thursday. HONG KONG, March 26- Chinese pork producer W.H. Group, which acquired U.S.-based Smithfield Foods last year, has hired 28 book runners for its planned $5- 6 billion Hong Kong initial public offering, a record number for banks working on an Asian IPO, IFR reported.
Citigroup has picked AIA as its partner in a deal that allows the insurer's products to be sold through the U.S. bank's network. The FT reports.
Improving mainland economic data and hopes for export gains as the U.S. economy recovers have boosted Hong Kong stocks but some players, including Goldman Sachs, are sounding warnings.
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Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows.
Block deals hit a record $57.3 billion this year as they become the mainstay of Asian investment banks, bringing relief to IPO-starved equity capital markets (ECM) bankers in the region.
Asian shares posted gains on Tuesday, tracking the overnight gains in U.S. stocks, as fresh signs of compromise maintained a new optimism that the U.S. "fiscal cliff" budget tussle could be settled before tax hikes and spending cuts begin to bite early next year.
Asian stocks were mixed on Monday as investors indulged in profit-taking after last week's extensive rally but Japanese equities jumped to an eight-month high after the Liberal Democratic Party of Japan's electoral triumph propelled the yen to a 20-month low.
American International Group may raise up to $6.5 billion through the sale of its remaining stake in Asian insurer AIA, a source said on Monday.
Asian shares were mixed on Tuesday, as prices were capped as investors waited for the U.S. Federal Reserve's policy decision this week and any progress in U.S. budget talks.
Shares in Chinese state-owned insurer PICC Group surged in its Hong Kong trading debut on Friday, a lone bright spot in an otherwise dismal year for initial public offerings in the city and most other big regional markets.
Asian shares were mixed on Thursday after U.S. President Barack Obama said a deal to avert the so-called fiscal cliff of year-end tax hikes and spending cuts was possible in "about a week" if Republicans compromise on taxes.
Zhengzhou Coal Mining shares tumble in its Hong Kong debut, negatively affecting the underwriters of the $300 million offering, underscoring reduced appetite for new IPOs.