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  • Digital China shares dive on rights issue plan

    HONG KONG -- Shares of Hong Kong-based information technology investment company Digital China Holdings dived more than 14% on Monday after it announced a plan for a rights issue of at least 1.34 billion Hong Kong dollars ($171.6 million).The affili

    July 24, 2017 09:18 pm JST
  • Tencent, casino operators steer Hong Kong shares to 25-month high

    HONG KONG (Nikkei Markets) -- Hong Kong shares climbed to their highest level since June 2015, spurred by heavyweight Tencent Holdings and casino operators.The Hang Seng Index rose 0.5% to 26,846.83 on Monday. The gauge has shot up almost 6% over th

    July 24, 2017 07:51 pm JST
  • Great Wall Motor shares tumble on halved profit

    HONG KONG -- Shares in Great Wall Motor sagged to their lowest level in a month and a half in Monday morning trading following news that the Chinese automaker's net profit in the first six months of the year halved from a year ago.The company's shar

    July 24, 2017 02:51 pm JST
  • Alibaba-Tencent struggle disrupts, invigorates China internet

    HONG KONG -- The rivalry between China's two internet titans, Alibaba Group Holding and Tencent Holdings, is flaring up again on a new front.Public attackOn July 12, e-commerce company JD.com, in which Tencent has a stake exceeding 20%, released a j

    July 24, 2017 02:35 pm JST
  • Hong Kong shares resume advance as Geely, China financials climb

    HONG KONG (Nikkei Markets) -- Hong Kong shares climbed Monday, sending the benchmark gauge toward its 10th advance in 11 days, as Geely Automobile Holdings rebounded from a weekly loss and Chinese financial companies tracked gains by mainland equiti

    July 24, 2017 02:26 pm JST
  • Li Ka-shing's Power Assets shoots up on special dividend plan

    HONG KONG -- Shares in Hong Kong-based Power Assets Holdings shot up more than 11% on Friday to their highest level since March 2015, following the company's announcement of a special dividend plan.The announcement came after the market closed on Th

    July 21, 2017 10:35 pm JST
  • Hong Kong shares post first loss in ten days, but secure weekly gain

    HONG KONG (Nikkei Markets) -- Hong Kong shares climbed for a second straight week as flush liquidity conditions and positive global cues kept investor spirits high.The benchmark Hang Seng Index slipped 0.1% to 26,706.09 on Friday, its first loss in

    July 21, 2017 07:42 pm JST
  • Hong Kong shares set to halt winning streak as AAC, Sinopec drop

    HONG KONG (Nikkei Markets) -- Hong Kong shares edged lower on Friday as investors paused a day after the city's main index chalked up its longest winning spell in more than four years.The Hang Seng Index fell 0.1% to 26,706.31 by midday, heading for

    July 21, 2017 02:48 pm JST
  • Hong Kong shares creep up to new two-year highs, fueled by inflows

    HONG KONG (Nikkei Markets) -- Hong Kong stocks pulled higher to send the benchmark equity gauge to fresh two-year highs on Thursday, with fund flows from across the northern border and some comfort over equity valuations helping drive gains.The benc

    July 20, 2017 07:36 pm JST
  • Hong Kong shares head for ninth straight gain after US rally to records

    HONG KONG (Nikkei Markets) -- Hong Kong's main share index on Thursday headed for its ninth straight advance, its longest stretch of gains since October 2012, after U.S. stock benchmarks rallied to record highs on the back of robust earnings reports

    July 20, 2017 02:35 pm JST
  • Hashtag Travelers

    Asian millennials are booking their own adventures

    BANGKOK -- What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted

    July 20, 2017 10:01 am JST
  • Asian millennials are booking their own adventures

    BANGKOK What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted to

    July 20, 2017 10:00 am JST
  • The shipping industry turns to megamergers to stay afloat

    TOKYO Less than a year after South Korea's Hanjin Shipping went bankrupt, consolidation among Asian marine shippers is gathering pace as business conditions continue to deteriorate.On July 9, Cosco Shipping Holdings, parent of the world's fourth-lar

    July 20, 2017 10:00 am JST
  • Tencent storms to record high, taking Hong Kong stocks to overbought level

    HONG KONG (Nikkei Markets) -- Hong Kong shares rallied to fresh two-year highs on Wednesday, propelled by enduring flows from Chinese investors and a surge by heavyweight Tencent Holdings.The Hang Seng Index gained 0.6% to 26,672.16, completing an u

    July 19, 2017 07:24 pm JST
  • Business Insight

    Gaming triumph not such a winner for China's Tencent

    Several months ago, Sequoia Capital China, a venture capital firm, noted that traffic had dropped dramatically on Chinese websites in which it had invested, including Toutiao, a news provider, Sina Weibo, a news and microblogging site, and online ed

    July 19, 2017 07:00 pm JST
  • Cathay shares continue falling on weak passenger data

    HONG KONG -- Shares of Cathay Pacific Airways are falling for a fourth straight session Wednesday, at one point slipping to 12.22 Hong Kong dollars, down 2.24%.After the close of trading Tuesday, the Hong Kong-based airline released combined passeng

    July 19, 2017 06:05 pm JST
  • Hong Kong shares extend rally, set for longest winning streak in two years

    HONG KONG (Nikkei Markets) -- Hong Kong shares marched higher for an eighth day, poised for their longest winning streak in more than two years, as Chinese companies traded in the city rebounded and heavyweight Tencent Holdings headed for a fresh al

    July 19, 2017 03:53 pm JST
  • Asian institutions edging further into sustainable investing

    HONG KONG - After years of lobbying by concern groups, Asia's leading public institutional investors and a growing number of their private peers are embracing sustainable investing principles in their decision-making about which assets to buy and se

    July 19, 2017 09:00 am JST
  • China's housing for seniors 'faces oversupply risk'

    HONG KONG -- Investing in China's graying population is by no means a sure bet, and the country's housing for seniors could well prove an "attractive trap" for developers, according to DBS analysts.They warn that leading Chinese developers such as C

    July 19, 2017 12:43 am JST
  • Hong Kong shares eke out gains for seventh day as China stocks rebound

    HONG KONG (Nikkei Markets) -- Hong Kong shares squeezed out small gains after a choppy trading session Tuesday, with the benchmark equity gauge shaking off intraday losses as stocks on mainland bourses rebounded.The Hang Seng Index climbed 0.2% to 2

    July 18, 2017 07:54 pm JST