Markets & Investing
XCMG Construction Machinery aborts Hong Kong share sale
XCMG Construction Machinery aborts Hong Kong share sale
This as underwriters backed out of commitments to buy any unsold stock.
Monetary Authority suspends 2 traders
So Yiu-wing and Ng Chun-mi has been found to have intentionally circumvented Fubon Bank’s internal procedures to cover their mistakes in April 2007.
Yuan falls 0.9% in Hong Kong
The currency traded in the city at record discount to the onshore exchange rate.
Worst week since 2008 looms for Hong Kong shares
The Hang Seng Index, which closed down 4.9 percent at 17,912.0 points on 22 September 2011, was down 7.9 percent on the week.
Xiao Nan Guo cancels Hong Kong IPO
The Chinese restaurants operator cited recent excessive market volatility as the reason for pulling out.
Former Morgan Stanley Executive Director joins HKEx
Sylvia Hoosen is now HKEx’s Senior Vice President and Head of Human Resources.
HKEx appoints Richard Leung as SVP and IT Division Co-Head
Mr Leung, currently Chief Technology Officer of Chi-X Global, will join HKEx in October.
Hello, investors: Nearly 6 in 10 affluent Hong Kongers to invest in Greater China and Southeast Asian funds
It seems like they have a lot to invest, as 63% of Hong Kong's affluent reported a rise in net worth in the last 12 months.
En+ Group mulls Hong Kong listing
This is to support its hydropower and production facilities expansion in Russia.
SFC fines Oasis Management almost $1m
The fund’s chief investment officer faces the same fine for alleged improper trading.
Citic Securities sets price guidance for Hong Kong listing
The publicly traded brokerage will price the shares at between a discount of 13% to its Shanghai-listed shares and a premium of 3%.
HSBC seeks larger quota for yuan bonds
This is amidst surge in the bank’s yuan deposits in Hong Kong.
Hong Kong stocks suffer biggest decline since early August
Hang Seng Index was down 3.4%, with HSBC shares falling 4.3% after losing its top Hong Kong executive to Blackrock Inc.
ETFs forecast to be launched before the end of 2011
These exchange traded-funds will enable mainland investors to access stocks listed in Hong Kong.
Sany Heavy Industry to use IPO proceeds for overseas development
The construction equipment maker aims to raise $3.4b in its Hong Kong initial public offering.
Hang Seng Index set for drop by over 600 points
Investors are uninspired as the debt crisis in Europe continues to be a concern.
Mainland firms encouraged to use Hong Kong's creative and financial expertise
Mainland enterprises were encouraged to build up brands and access the world market through Hong Kong by promoting the city's advantages in the...
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