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  • Hang Lung Properties upbeat on China retail

    HONG KONG -- The reshoring of luxury spending in mainland China appears to have eased pressure on premium shopping mall operators, which have been under rising threat from e-commerce and a slowing economy in recent years.Ronnie Chan Chi-chung, chair

    July 27, 2017 11:46 pm JST
  • Hong Kong gauge trumps 27,000 after two years on Fed, earnings optimism

    HONG KONG (Nikkei Markets) -- Hong Kong's main share gauge settled above 27,000 for the first time since June 2015 as earnings optimism and the U.S. Federal Reserve's policy review lured buyers. Developers and heavyweight stocks paced gains.The Hang

    July 27, 2017 07:38 pm JST
  • Belle delists from Hong Kong exchange ahead of digital revamp

    HONG KONG -- Chinese footwear retailer Belle International has called time on its listing a decade after it made its debut on the Hong Kong Stock Exchange, to pave the way for a belated digital revamp aimed at reviving a struggling business hit hard

    July 27, 2017 07:31 pm JST
  • Sunac's swelling debt sends stock on wild ride

    HONG KONG -- It has been a week of dramatic swings for Sunac China Holdings shares in Hong Kong, with investors in two minds over the property company's growing debt from acquisitions.The stock hit an all-time high on Monday but fell as much as 7% t

    July 27, 2017 06:47 pm JST
  • Developers push Hong Kong share gauge atop 27,000 on Fed relief

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed for a fourth day of gains, sending the benchmark equity index above 27,000, with property stocks rallying as investors took kindly to the U.S. Federal Reserve's latest policy review.The Hang Seng

    July 27, 2017 02:26 pm JST
  • Tencent's gaming triumph draws a backlash

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

    July 27, 2017 10:00 am JST
  • French skincare brand L'Occitane sees robust growth in China, Japan

    HONG KONG -- The Hong Kong-listed shares of French natural cosmetics brand L'Occitane jumped 3.73% on Wednesday morning trading after the company reported steady revenue growth for the three months ended in June. However, profit-taking saw the share

    July 26, 2017 09:36 pm JST
  • Hong Kong share index rises on energy, bank stocks, but shy of 27,000

    HONG KONG (Nikkei Markets) -- Hong Kong's benchmark share index reached fresh 25-month highs Wednesday on the back of energy and banking stocks, but fell short of 27,000 as casino operators retreated.The Hang Seng Index added 0.3% to 26,941.02, afte

    July 26, 2017 07:50 pm JST
  • US firm calls off $416 mln pact with China's HNA in absence of regulatory nod

    HONG KONG (Reuters) -- U.S.-based Global Eagle Entertainment Inc said a $416 million investment from a unit of Chinese conglomerate HNA Group Co Ltd has been cancelled as the deal did not receive regulatory approval by an agreed date.Global Eagle, i

    July 26, 2017 03:24 pm JST
  • Hong Kong shares tread water after index tops 27,000, with casinos down

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed, with the benchmark equity index losing early gains after briefly topping 27,000, as weak casino operators helped offset robust gains for energy producers.The Hang Seng Index added l

    July 26, 2017 02:58 pm JST
  • Hong Kong rail deal prompts 'One country, one system' fears

    HONG KONG -- Hong Kong is to "lease" an area to the Chinese authorities for law enforcement at the terminus of a high-speed railway linking the territory to southern China, in a move that is seen as a breach of its governing "one country, two system

    July 26, 2017 01:20 am JST
  • HNA unveils New York-based charity as controlling shareholder

    HONG KONG -- Acquisitive Chinese outbound investor HNA Group has openly disclosed its shareholding structure for the first time amid rising concerns that Beijing's deleveraging campaign might choke lending to the company which has largely fueled its

    July 25, 2017 11:00 pm JST
  • China Merchants Bank shares soar on robust profits

    HONG KONG -- Hong Kong-listed shares of China Merchants Bank soared more than 6% on Tuesday to reach a two-year high after the company reported strong profits for the first half of 2017.After the market closed on Monday, the Shenzhen-based bank said

    July 25, 2017 09:19 pm JST
  • Hong Kong shares hang on to 25-month highs on HSBC jump, China flows

    HONG KONG (Nikkei Markets) -- Hong Kong shares clung to 25-month highs as heavyweight HSBC Holdings's late rally and sustained inflows from China helped offset weakness for the city's property developers.The Hang Seng Index added less than 0.1% to 2

    July 25, 2017 08:19 pm JST
  • Sunac China shares tumble after announcement of stock selloff

    HONG KONG -- Shares in Sunac China Holdings fell sharply in Hong Kong on Tuesday after the Chinese property developer announced it will sell off 220 million new shares, about 5% of its outstanding stocks.The company's stock price briefly fell 1.68 H

    July 25, 2017 06:19 pm JST
  • AAC Technologies shares rebound after leak denial

    HONG KONG -- Shares in AAC Technologies Holdings rebounded for the first time in three trading days on Tuesday after the Chinese micro audio components maker denied reports of leaking earnings information.At one point, the company's stock price jump

    July 25, 2017 03:58 pm JST
  • Hong Kong shares little changed as techs advance, developers retreat

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed, with financial and technology companies climbing amid fund flows from China while property developers treaded water before the U.S. Federal Reserve's policy review.The Hang Seng Ind

    July 25, 2017 02:38 pm JST
  • Business Insight

    Tough times ahead for Hong Kong: Henny Sender

    Just before the 20th anniversary commemoration of Hong Kong's return to Chinese rule on July 1, 1997, the chief executive of the Hong Kong Monetary Authority issued a statement indirectly suggesting that the Hong Kong dollar's peg to the dollar, whi

    July 25, 2017 01:00 pm JST
  • Tokyo leads in global patent filings

    TOKYO -- Inventors and companies based in the Tokyo-Yokohama metropolitan area filed the most international patent applications in the five years through 2015, surpassing technology hubs in the U.S. and China.The World Intellectual Property Organiza

    July 25, 2017 04:16 am JST
  • 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