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  • Secondary listing of China's third largest brokerage to warm tepid Hong Kong market

    HONG KONG -- Guotai Junan Securities, China's third largest brokerage by both operating revenue and assets, might have come to the rescue of Hong Kong's tepid listings market, which has recorded a 63% year-on-year decline in funds raised as of March

    March 28, 2017 12:30 am JST
  • Trump, China policy concerns weigh down Hong Kong stocks

    HONG KONG (NewsRise) -- Hong Kong shares fell past a one-week low as uncertainty over Donald Trump's ability to execute his economic policy agenda and worries about mounting Chinese restrictions on the housing sector sapped risk appetite.The Hang Se

    March 27, 2017 08:02 pm JST
  • Hong Kong shares slip after US healthcare bill pulled, Kaisa surges

    HONG KONG (NewsRise) -- Hong Kong shares headed for their first decline in three days after the withdrawal of U.S. President Donald Trump's healthcare bill sparked concerns about his ability to deliver on proposed economic policies.The Hang Seng Ind

    March 27, 2017 02:39 pm JST
  • Investing with Chinese celebrities

    HONG KONG -- Forget corporate earnings and management strategies. Chinese investors have another game plan: Just watch where movie stars are putting their money and follow their lead.This is why Zhao Wei and Stephen Chow, who teamed up for the 2001

    March 25, 2017 09:00 am JST
  • China Mobile, domestic rivals set sights on 5G

    HONG KONG -- China's top three wireless carriers are looking toward beginning fifth-generation service around 2020, with the two smaller players hoping to narrow the gap with leader China Mobile.China Mobile said it will concentrate investment in 5G

    March 25, 2017 04:30 am JST
  • Dividends luring foreign investors to Hong Kong shares

    HONG KONG -- The market is taking a bullish turn as foreign investors throng to cash-rich shares here, with a massive surprise dividend hike by a state-owned coal miner spurring even more buying during the peak of earnings season.A sense that the U.

    March 25, 2017 01:30 am JST
  • Nikkei Asia300 Index gains on week even as Trump jitters weigh

    HONG KONG (NewsRise) -- Asian stocks managed modest gains this week, helped by advances in heavyweights after earnings, even as uncertainty about U.S. President Donald Trump's economic policies dampened sentiment.The Nikkei Asia300 Index edged 0.02%

    March 24, 2017 10:35 pm JST
  • Dividends help Hong Kong shares to weekly gain, Huishan dips 85% in a day

    HONG KONG (NewsRise) -- Hong Kong shares squeezed in a third weekly gain, as higher dividend payouts helped override caution surrounding U.S. President Donald Trump's economic agenda.The Hang Seng Index edged up 0.1% to 24,358.27 Friday, taking its

    March 24, 2017 08:02 pm JST
  • Shares of Formosa Plastics defy Taiwan's selling trend

    HONG KONG -- Shares of Formosa Plastics edged up in Taipei in Friday morning trading, defying profit-taking moves as the previous day's robust earnings results prompted buying.The shares of Taiwan's largest chemicals maker at one point rose 0.30 New

    March 24, 2017 03:31 pm JST
  • Hong Kong shares slip as investors watch US healthcare vote

    HONG KONG (NewsRise) -- Hong Kong shares edged lower as a delayed vote on U.S. President Donald Trump's healthcare bill revived concerns about support for his economic agenda.The Hang Seng Index fell 0.1% to 24,308.63 by midday after rising as much

    March 24, 2017 02:23 pm JST
  • Citic shares slip despite profit upturn

    HONG KONG -- Citic's net profit rose 3% to 43.1 billion Hong Kong dollars ($5.54 billion) in the year ended December, China's largest state-owned conglomerate said Thursday, thanks to its financial services segment providing a cushion against writed

    March 24, 2017 01:40 am JST
  • Ping An Insurance lifts cash handout to lure investors

    HONG KONG -- Shenzhen-based Ping An Insurance Group joined the string of Chinese companies returning more cash to investors, as low-yielding stocks are increasingly shunned amid rising interest rates.Logging 15.1% year-on-year growth in net profits

    March 24, 2017 01:40 am JST
  • Investors punish China Mobile for paltry dividend hike

    HONG KONG -- China Mobile shares fell sharply here Thursday afternoon on an underwhelming year-end dividend, closing down 3.43% at 87.25 Hong Kong dollars.The cellular carrier finished the morning session at HK$90.20, then announced its 2016 dividen

    March 24, 2017 01:23 am JST
  • Brazilian meat scare sweeps across Asia

    HONG KONG/SEOUL -- The scandal over tainted meat from Brazil is shaking up Asian markets that have come to depend on the South American country's plentiful exports. Hong Kong, Macau and mainland China have each suspended imports, while South Korean

    March 23, 2017 11:59 pm JST
  • Nikkei Asia300 Index little changed as Trump caution weighs

    HONG KONG (NewsRise) -- Asian stocks were little changed Thursday despite a rebound on Wall Street as markets remained cautious about U.S. President Donald Trump's ability to pass major economic reforms.The Nikkei Asia300 Index was 0.01% higher at 1

    March 23, 2017 09:52 pm JST
  • Hong Kong shares end flat as China Mobile drops, developers gain

    HONG KONG (NewsRise) -- Hong Kong shares ended little changed Thursday as investors digested a handful of earnings reports, with losses for heavyweight stocks such as China Mobile and Tencent Holdings countering gains by AAC Technologies Holdings an

    March 23, 2017 07:52 pm JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 12:00 pm JST
  • Tencent shares open lower after Q4 profit missed estimates

    HONG KONG (Reuters) -- Shares of Tencent Holdings Ltd were 2.75 percent lower at 0140 GMT in Hong Kong on Thursday after the Chinese technology firm's fourth-quarter profit lagged estimates.China's biggest social media and online entertainment compa

    March 23, 2017 11:33 am JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 10:00 am JST
  • Developers still splurge on land despite China property curbs

    HONG KONG -- State-owned developers have turned more cautious about upcoming home sales than their peers in the private sector, after stricter purchasing and loan curbs were rolled out in Beijing and provincial cities in recent days. But the overrid

    March 23, 2017 12:00 am JST