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  • Hong Kong shares pause for breath as top performers Shenhua, Tencent slide

    HONG KONG (Nikkei Markets) -- Hong Kong shares fell for the first time in four days on Thursday as investors mindful of steep recent advances and climbing valuations locked in some profits.The Hang Seng Index fell 0.3% to 27,531.01, pulling back fro

    August 3, 2017 07:28 pm JST
  • CapitaLand doubles profit, to be more aggressive in Singapore residential market

    SINGAPORE (Nikkei Markets) -- CapitaLand, Southeast Asia's largest developer, plans to be more aggressive in vying for residential land in Singapore as the city-state's property market revives, its group chief executive officer said on Aug. 3.Lim Mi

    August 3, 2017 06:43 pm JST
  • China financial, tech shares ease Hong Kong stocks off 26-month highs

    HONG KONG (Nikkei Markets) -- Hong Kong shares slipped off their highest level since June 2015, weighed down by a retreat for Chinese financial and technology stocks after a recent run-up.The Hang Seng Index slipped 0.2% to 27,566.80 by Thursday noo

    August 3, 2017 02:11 pm JST
  • Alibaba is finding new challenges in entering the Hong Kong market

    HONG KONG Having established a dominant position in its home market, Chinese e-commerce giant Alibaba Group Holding is now looking to boost its presence in Hong Kong, rolling out its Tmall retail website for local consumers and releasing a version o

    August 3, 2017 10:00 am JST
  • Hong Kong PMI rises to 51.3 in July

    TOKYO -- The Nikkei Hong Kong Purchasing Managers' Index, or PMI, for July rose to 51.3 from June's 51.1.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."Hong Kong's private sector economy showed f

    August 3, 2017 09:30 am JST
  • Property developer Sunac down on fundraising fears

    HONG KONG -- Sunac China Holdings shares plunged 4.9% on Wednesday to close at 19.12 Hong Kong dollars, owing to worries that recent fundraising steps may squeeze the property giant's finances.The stock fell as much as 5.8% during the session. The r

    August 3, 2017 12:50 am JST
  • Stagnant sales for Hong Kong retailers in June

    HONG KONG -- Retailers in Hong Kong are counting on mega events, from wine festivals to the Formula E season, to breathe new life into an industry hit by sluggish sales and fewer Chinese tourists.Retail sales rose a scant 0.1% on the year to reach 3

    August 2, 2017 11:55 pm JST
  • Hong Kong's stock gauge clings to 26-month highs while A-shares slip

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose to fresh 26-month highs, spurred by lingering optimism over earnings and a rally by Apple-supplier AAC Technologies Holdings.The Hang Seng Index rose 0.2% to 27,607.38, its highest close since June

    August 2, 2017 07:50 pm JST
  • Huaneng Power shares tumble after 96% profit plunge

    HONG KONG -- Shares in Huaneng Power International fell sharply during Wednesday morning trading in Hong Kong, after the Chinese electric company released disappointing first-half results.The stock at one point was down 5.09%, or 0.28 Hong Kong doll

    August 2, 2017 05:59 pm JST
  • Asian suppliers see shares jump on strong Apple results

    TOKYO/HONG KONG -- Shares of Asian suppliers for Apple soared Wednesday as the U.S. company announced a better-than-expected performance in the April-June quarter.Backed by steady iPhone sales, Apple's net profit for the quarter rose 12% on the year

    August 2, 2017 05:32 pm JST
  • SJM Holdings shares plunge after disappointing 1H results

    HONG KONG -- Shares in SJM Holdings fell sharply in Hong Kong on Wednesday after the Macau-based casino operator released disappointing earnings results.At one point, the company's stock price slid 0.67 Hong Kong dollars, or 8.62%, from Tuesday to H

    August 2, 2017 03:44 pm JST
  • Hong Kong shares climb for third day as Apple-supplier AAC jumps

    HONG KONG (Nikkei Markets) -- Hong Kong shares strode higher for a third day on bets half-yearly results will help support equity valuations after a recent rally.The Hang Seng Index added 0.5% to 27,667.39 by noon. Apple-supplier AAC Technologies Ho

    August 2, 2017 02:37 pm JST
  • Hong Kong media titan unloads weekly magazines

    HONG KONG -- Hong Kong media mogul Jimmy Lai is in hot water.In mid-July, Lai's Next Digital decided to sell off five of its weekly titles -- Next Magazine, Sudden Weekly, Face, ME! and Next+One -- for 320 million Hong Kong dollars ($40.9 million).N

    August 2, 2017 10:03 am JST
  • Mukesh Ambani passes Li Ka-shing as Asia's second richest man

    MUMBAI -- Mukesh Ambani, the chairman and main shareholder of Indian conglomerate Reliance Industries, has overtaken Hong Kong's Li Ka-shing as Asia's second richest man in the Bloomberg Billionaires Index, riding investor confidence in Reliance Jio

    August 2, 2017 12:09 am JST
  • Li Ka-shing cashes in a $1.9bn chip amid telecom buyout boom

    HONG KONG -- Telecom assets in Hong Kong have become hot buyout targets for foreign investors -- a trend that has paid off handsomely for tycoon Li Ka-shing. U.S.-based I Squared Capital agreed to pay 14.5 billion Hong Kong dollars ($1.9 billion) fo

    August 1, 2017 11:53 pm JST
  • Nikkei Asia300 index advances as energy producers, insurers gain

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose Tuesday, as gains in crude oil prices prompted an advance in energy stocks and as earnings optimism boosted Chinese insurers. The Nikkei Asia300 Index advanced 0.4% to 1,297.71. H-shar

    August 1, 2017 08:21 pm JST
  • H-shares jump to fuel Hong Kong rally on earnings hopes, China data

    HONG KONG (Nikkei Markets) -- Chinese shares in Hong Kong galloped to their highest level in almost two years Tuesday as robust manufacturing data combined with sanguine earnings expectations to bolster investor confidence.The Hang Seng China Enterp

    August 1, 2017 07:27 pm JST
  • Fraser Howie

    Don't expect much from China bond market openings

    China's central bank has surprised market watchers with a rapid-fire series of moves to liberalize the country's domestic bond market.A market link to allow trading by Hong Kong retail and institutional investors opened on the 20th anniversary of th

    August 1, 2017 04:00 pm JST
  • Chinese financials carry baton as Hong Kong stocks near 26-month highs

    HONG KONG (Nikkei Markets) -- Hong Kong shares headed toward 26-month highs on Tuesday, with Chinese insurers and banks driving gains as earnings expectations gather wind.The Hang Seng Index added 0.7% to 27,524.07 by midday, on course for its highe

    August 1, 2017 02:26 pm JST
  • Unexpected rise in profit send Hang Seng Bank shares up 2.6%

    HONG KONG - Hang Seng Bank, 62% held by global bank HSBC Holdings, said on Monday that its de-risking efforts in China helped shore up the company's financial position and allowed it to hand out more cash dividends.Reporting a 7% year-on-year decrea

    July 31, 2017 11:09 pm JST