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Mainland Cos Weigh Hang Seng, Retail Bucks Trend
Posted by: Sijia Xie on May 04 2010
The Hang Seng Index dipped 0.23% to close at 20,763.05 on May 4, in main board trading turnover of HK$55.53 billion. The Hang Seng China Enterprises Index declined 0.68% to 11,864.22.
Greentown China Holdings (3900.HK) shaved off 3.78% and Sun Hung Kai Properties (0016.HK) dropped 1.93% on Tuesday, as real estate company shares continued to fall in reaction to regulatory tightening... |
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Hang Seng Strong; Coal, Retail Upfront
Posted by: Sijia Xie on Apr 26 2010
The Hang Seng Index rose 1.61% to close at 21,587.06 on April 26, in main board trading volume of HK$56.69 billion. The Hang Seng China Enterprises Index, which tracks mainland-based companies listed in Hong Kong, gained 1.75%.
Shares of Yanzhou Coal Mining (NYSE:YZC, 1171.HK, 600188.SH) soared 7.17% Monday... |
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H-shares Dip, Property Down on Expanded Stamp Tax
Posted by: Sijia Xie on Apr 22 2010
The Hang Seng Index slid 0.26% to close at 21,454.94 on April 22, in main board trading volume of HK$66.72 billion. The Hang Seng China Enterprises Index, which tracks mainland-based companies listed in Hong Kong, declined 0.32% to 12,330.89... |
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Mainland Companies Weigh Hong Kong to 2% Decline
Posted by: Kiki.yang on Apr 19 2010
The Hang Seng Index fell 2.1% to close at 21,405.17 on April 19, in main board trading volume of HK$76.52 billion. The Hang Seng China Enterprises Index, which tracks mainland-based companies listed in Hong Kong, fell 2.42%.
Real estate developers with mainland China projects weighed heavily on the index, after China's State Council announced that banks may refuse mortgages to prospective home buyers that already own two homes... |
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H-Shares Mixed; Electronics Up, Energy Down
Posted by: Sijia Xie on Mar 16 2010
The Hang Seng Index declined 0.27% to close at 21,022.93 on Tuesday, March 16, in main board trading volume of HK$50.30 billion.
Electronics companies were positive Tuesday, with BYD Company (1211.HK) gaining 7.97%, Vtech Holdings (0303.HK) increasing 2.98% and Hisense Kelon (0921.HK) adding 1.61%, respectively... |
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H-Shares Flat; Cathay, CITIC Soar on Earnings
Posted by: Ana Swanson on Mar 10 2010
The Hang Seng Index fell for the first time in four days on Wednesday, March 10, dipping 0.16% to close at 21,173.59. Main board trading volume was HK$47.36 billion.
Earnings announcements from several large-cap companies fueled Wednesday trades... |
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H-Shares Withdraw Further; Real Estate Gains
Posted by: Sijia Xie on Feb 25 2010
The Hang Seng Index declined 0.33% to close at 20,399.57 on February 25, as main board trading volume increased to HK$61.47 billion.
Blue chip petro stocks continued to slide, with shares of PetroChina (0857.HK, NYSE:PTR, 601857.SH) and China National Overseas Oil Corporation (CNOOC) (0883.HK, NYSE: CEO) losing 1.27% and 0.98%, respectively... |
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H-Shares Up; Banks, Property Provide Buoyancy
Posted by: Sijia Xie on Feb 23 2010
The Hang Seng Index increased 1.21% to close at 20,623 on February 23, as main board trading volume increased to HK$60.13 billion.
The finance-heavy Hang Seng Index was dragged up by positive banking shares on Tuesday with HSBC Holdings (0005.HK) climbing 1.97%, while Bank of China (BoC) (3988.HK, 601988.SH) and China Construction Bank (0939.HK, 601939.SH) rose 1.31% and 1.20%, respectively... |
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SHK Properties Buys RMB 4.7b Foshan Plot
Posted by: Sijia Xie on Feb 23 2010
Hong Kong-based real estate developer Sun Hung Kai Properties (0016.HK) has acquired four land parcels in Foshan, Guangdong province for RMB 4.71 billion, guandian.cn reported February 23. The commercial and residential use land parcels have a combined area of 415,600 square meters... |
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Hang Seng Continues Slide; Rusal Plunges 11% in Debut
Posted by: Sophia Fu on Jan 27 2010
The Hang Seng Index slipped 0.38% to close at 20,033.07 on January 27, in main board trading volume of HK$73.24 billion.
Shares of Hang Lung Properties (101.HK) dropped 4.32% following the company's January 27 announcement that its net profit increased by more than 13 times to HK$17.35 billion in the six months ended December 31, 2009, which only narrowly met the low end of market expectations, eastmoney.com reported... |
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SHK Properties Spends RMB3.5b on Foshan Land
Posted by: Sophia Fu on Dec 31 2009
Hong Kong-based real estate developer Sun Hung Kai Properties (0016.HK) purchased three land parcels in Foshan, Guangdong province for RMB 3.46 billion on December 30. The land, with a total area of roughly 330,000 square meters, is zoned for mixed residential, commercial and entertainment use... |
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H-Shares Down; HKMA Mulls Missing Money
Posted by: Sijia Xie on Dec 21 2009
The Hang Seng Index sank 1.08% to close at 20,948.1 on December 21, as main board trading volume shrank to HK$49.69 billion.
The China Insurance Regulatory Commission plans to strengthen regulation of insurance companies' equity investment portfolios, Securities Journal reported December 21... |
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Sun Hung Kai: RMB 3b in 2010 Mainland Sales Planned
Posted by: Sophia Fu on Dec 03 2009
Hong Kong-based real estate developer Sun Hung Kai Properties (0016.HK) plans to make RMB 3 billion in revenue through sales of three new projects in mainland China next year, guandian.cn reported December 3 quoting company executive director Chan Kui-yuen... |
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H-Shares Up Over 2%, Real Estate, Sinopec Gain
Posted by: Sijia Xie on Oct 30 2009
The Hang Seng Index climbed 2.29% to close at 21,752.87 on October 30, in main board trading volume of HK$76.35 billion.
Real estate shares rebounded sharply as insiders at China's Central Bank and Ministry of Housing and Urban-Rural Development denied rumors that China plans to reverse favorable policies for real estate in the near future, reports Caijing.com... |
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Hang Seng Bulls Run, Driven By Mainland Stats
Posted by: Danielle Liu on Oct 20 2009
Hong Kong's Hang Seng Index climbed 0.83% to close at 22,384.96 on October 20, in main board trading volume of HK$74.18 billion.
Real Estate stocks gained strongly on Tuesday, supported by positive news in the China real estate market, Finet.hk reported October 15... |
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