Markets & Investing

HKEx has a new Chairman
	MARKETS & INVESTING \| 30 Apr 12 Sir Chung-kong Chow, former boss of Hong Kong’s MTR metro system, now heads the Hong Kong Exchanges and Clearing, Ltd. Read ››

Hong Kong punishes erring underwriter
	MARKETS & INVESTING \| 24 Apr 12 Hong Kong's stock market regulator shows the bite behind its bark. Read ››

Tougher rules afoot for doing an IPO in Hong Kong
	MARKETS & INVESTING \| 23 Apr 12 Substandard companies have bruised Hong Kong’s financial reputation as the world’s top IPO venue. Read ››

How to attract your targeted customers?
	MARKETS & INVESTING \| 03 Apr 12 Do you ever wonder why some business owners are so successful, while others are just scraping by, trying to make some money for a living and working very long hours? Read ››

Hong Kong M&A activity reaches US$13b YTD
	MARKETS & INVESTING \| 28 Mar 12 This is a 19% decline compared to the same period last year, where deal values totaled close to US$16 billion. Read ››

Hong Kong firms see better prospects overseas
	MARKETS & INVESTING \| 27 Mar 12 Emerging markets are definitely Hong Kong’s cup of tea but China remains its favourite flavor. Read ››

CEB trims IPO to US$3 billion
	MARKETS & INVESTING \| 06 Mar 12 China Everbright Bank Co., Ltd has lowered expectations for its forthcoming IPO in Hong Kong. Read ››

Asset bubble could spell more problems for Hong Kong
	MARKETS & INVESTING \| 05 Mar 12 Talk about the bad coming with the good. The Monetary Authority warns that an asset bubble could be created in Hong Kong by an inflow of funds in the wake of massive investments into the Eurozone banking system by Asian and other banks seeking faster growth. Read ››

Renminbi deposit drop puts the squeeze on banks
	MARKETS & INVESTING \| 05 Mar 12 Renminbi deposits have fallen to their lowest level since July 2011 in January, said the Hong Kong Monetary Authority. Read ››

Microfinance pilot scheme a definite go
	MARKETS & INVESTING \| 22 Feb 12 The highly-anticipated microfinance pilot scheme will begin loaning start-up capital to qualified business owners in the middle of this year. Read ››

Sinopec to IPO in Hong Kong
MARKETS & INVESTING \| 22 Feb 12 China’s leading oil company awakens to the advantages of going international. Read ››

Easy money draws droves of Hong Kong investors
	MARKETS & INVESTING \| 16 Feb 12 What should have been a humdrum day of selling banknotes marking the Bank of China’s 100th anniversary spun out of control into a “Get rich quick” opportunity that drew frantic investors by the hundreds. Read ››

Investors avoid initial gold ETF in RMB
	MARKETS & INVESTING \| 15 Feb 12 All that glitters isn’t gold, including gold exchange-traded funds denominated in renminbi. Read ››

Are you ready for an Indian bull run?
	MARKETS & INVESTING \| 06 Feb 12 Morgan Stanley thinks the Indian market is already getting pumped and primed for a surge. Read ››

HKMA December approved new mortgage loans down 12.8%
MARKETS & INVESTING \| 30 Jan 12 Number of new applications in the month also fell 14.6% to 6,039. Read ››

U.S. dollar grows stronger in Hong Kong amid banking crisis
	MARKETS & INVESTING \| 24 Jan 12 Hong Kong’s savers are apparently abandoning the renminbi for the still mighty but battered U.S. Read ››

Hong Kong's stock brokers rally to defend 90 minute work break
	MARKETS & INVESTING \| 13 Jan 12 When is lunch not lunch?- When it's a Hong Kong stock broker lunch. Read ››

Lombard Odier appoints Pranay Gupta as CIO for Asia
MARKETS & INVESTING \| 06 Jan 12 Mr. Gupta has over 20 years of experience in investment management and research. Read ››

Hong Kong is top IPO destination for 3 consecutive years
	MARKETS & INVESTING \| 06 Jan 12 IPO market continues to be promising in 2012 as HK$230bn total funds raised through IPOs in Hong Kong is expected this year. Read ››

3 S’s for business sustainability
	MARKETS & INVESTING \| 03 Jan 12 Hong Kong, like other well-developed countries and cities, needs to work hard on “sustainable development” to create a better balance between the economy, environment and society. Read ››

Hang Seng loses a fifth of its value; prospects bleak
MARKETS & INVESTING \| 03 Jan 12 After losing a fifth of its value in 2011, the Hang Seng Index staggered into 2012 facing the stark reality of even more crippling losses. Read ››

Payback time: MF Global Hong Kong to return client money
	MARKETS & INVESTING \| 16 Dec 11 A court has so far approved the return of HK$500 million. Read ››

Hong Kong IPO earnings drop 81% in the fourth quarter
MARKETS & INVESTING \| 15 Dec 11 They have raised only $5.6 billion, according to data compiled by Bloomberg. Read ››

Hong Kong shares set to extend losing streak

MARKETS & INVESTING | 15 Dec 11

One culprit is CNOOC losses. A Reuters report said “Hong Kong shares are set to open lower on Thursday, poised to extend a five-day losing streak, tracking global market weakness with losses in Chinese oil giant CNOOC Ltd dragging the Hang Seng Index below a chart support.” The Hang Seng Index was set to open down 1.26 percent at 18,122.73, according to the report. Read ››

China to rule over IPO pipeline by 2025
MARKETS & INVESTING \| 12 Dec 11 80% of executives expect listing on Chinese exchanges to raise most capital. Read ››

Hong Kong seen as a global mining companies listing hub
	MARKETS & INVESTING \| 02 Dec 11 The HKSE has attracted several large high profile mining company listings over the last few years. Read ››

Guangdong Investment buys 40% equity interest in 3 commercial properties in Guangzhou
MARKETS & INVESTING \| 29 Nov 11 The company collaborates with Guangdong Holdings to invest in and develop commercial property projects to further consolidate leading position in Guangzhou commercial property market. Read ››

Chow Tai Fook offers 1.05 billion shares in Hong Kong
MARKETS & INVESTING \| 28 Nov 11 The luxury retailer aims to raise HK$22b in the initial public offering. Read ››

MF Global HK slapped with restriction notice
	MARKETS & INVESTING \| 22 Nov 11 The notice is issued under sections 204, 205 and 206 of the Securities and Futures Ordinance - but what does it entail? Read ››

Jeweler Chow Tai Fook to list largest IPO this year
	MARKETS & INVESTING \| 21 Nov 11 This US$3.5b IPO will be Asia's second largest IPO after Hutchison port. Read ››

Economic benefits of Hong Kong’s exhibition industry reach HK$35.8bn
MARKETS & INVESTING \| 15 Nov 11 Report showed the figure surged 18.6% from 2008. Read ››

Prada to buy 19.6% in Sitoy IPO
	MARKETS & INVESTING \| 15 Nov 11 Prada, which raised over $2b in its Hong Kong IPO, will be a cornerstone investor in the local handbag maker’s offering. Read ››

HKEx profit up 1% to $1.24b
	MARKETS & INVESTING \| 14 Nov 11 Chief Executive Charles Li said attracting international companies to list in Hong Kong continues to be one of their key strategic goals. Read ››

Chow Tai Fook to test market for IPO
MARKETS & INVESTING \| 11 Nov 11 The city’s stock exchange approved the listing plan of billionaire Cheng Yu-tung’s Chow Tai Fook Group, and the luxury retailer aims to list in Hong Kong next month. Read ››

Graff Diamonds plans $1 B IPO in Hong Kong
MARKETS & INVESTING \| 09 Nov 11 Graff Diamonds Ltd.plans to raise about $1billion in an initial public offering in Hong Kong. Read ››

SFC criticises Fidelity Worldwide Investment
	MARKETS & INVESTING \| 08 Nov 11 And it has done so publicly with regard to Takeovers Code breaches. Read ››

Hong Kong's Sept exports to fall by over 10%
	MARKETS & INVESTING \| 07 Nov 11 Hong Kong's Financial Secretary John Tsang announced that Hong Kong's September export volumes are expected to fall more than 10 percent. Read ››

PineBridge Investments appoints Anita Varga as Managing Director
MARKETS & INVESTING \| 26 Oct 11 Varga is a 25-year veteran who previously headed the regional product development of ING Investment Management Asia Pacific. Read ››

Hong Kong launches offshore CNY-denominated gold product
MARKETS & INVESTING \| 18 Oct 11 Renminbi Kilobar Gold, the world’s first offshore Renminbi-denominated spot gold contract ends initial trading with value of CNY111.7mn. Read ››

HKMA: Hong Kong is Spain’s CNY business centre
MARKETS & INVESTING \| 18 Oct 11 Chan believes Hong Kong can provide the best support for Spanish corporations and financial institutions to conduct renminbi businesses as the currency’s internationalisation progresses. Read ››

PRINT EDITION HIGHLIGHTS

Insurers have lawful authority to pay broker commission

Except, of course, if the commission is above what is normally paid in the market.

Hong Kong housing policy proves futile

Will the government redefine its role in housing, or will they churn a new policy that will save the day? Krisana Gallezo reports.

Vibrant, exhausting Hong Kong art scene

There is something for everyone in Hong Kong’s art market, but local and international collectors must have stamina, a good eye, and big bank accounts. Bonnie Engel reports.

A case for a census

Asian luxury sales soar despite the global economic crisis

Statistics shows that a crunch does not mean a plunge in splurging

Floods ravage Thailand’s economy

The 2011 deluge drains hope on the economy’s ability to rebound. Krisana Gallezo reports.

Reputation vs reality

Should investors fear or face the dragon?

The birth of 2012’s dragon ushered weak growth in America, political unrest in the Middle East, and a debt crisis in Europe. Should investors risk getting burned? Roxanne Uy investigates.

Bringing romance back to the office

Chief Executive CY Leung ready for change

What will CY Leung’s election as Chief Executive really mean to Hong Kong property and society?