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Articles Written by: HANNY WAN
HONG Kong stocks fell for a fourth day on concerns the global recession is worsening as economists predicted that the United States would record its biggest collapse in employment since the end of World War II.
Foxconn International Holdings Ltd, ...
JIM Rogers, chairman of Rogers Holdings, says he's been buying shares of Chinese companies even as growth in the world's fourth-largest economy slows.
Rogers, 66, started buying Chinese shares in 1988 and is now favoring equities traded in Hong Kong ...
From HANNY WAN,
Shanghai Daily,
31 Dec 2008
HONG Kong stocks climbed yesterday for the first time in five days as rising crude oil and gold prices lifted commodity shares, and the city's monetary authority added more cash into the financial system.
CNOOC Ltd, China's biggest offshore oil ...
From HANNY WAN,
Shanghai Daily,
29 Dec 2008
HONG Kong's stock benchmark yesterday rose to its highest in two weeks on hopes United States president-elect Barack Obama will boost the world's largest economy and as lower borrowing costs spurred optimism that the credit crisis is subsiding.
BOC ...
HONG Kong's stocks surged yesterday, driving the key Hang Seng Index up 14 percent, as buyers took advantage of the lowest valuations since the Asian financial crisis a decade ago.
HSBC Holdings Plc added 20 percent, halting a five-day, 30-percent ...
From HANNY WAN,
Shanghai Daily,
28 Oct 2008
HONG Kong stocks plummeted for the eighth week yesterday, capping the benchmark index's longest losing streak in six years, on concern slowing global growth will erode corporate profits.
HSBC Holdings Plc slumped 13 percent after Morgan Stanley cut ...
From HANNY WAN,
Shanghai Daily,
24 Oct 2008
HONG Kong's benchmark stock index fell yesterday, closing below the 17,000 level for the first time since September 2006. Bloomberg News said.
China Construction Bank, the nation's second-biggest lender, tumbled 7.3 percent and Cheung Kong ...
HONG Kong stocks fell, dragging the benchmark index to its worst drop in two weeks, led by financial and property companies, on renewed concern credit-market losses will damp economic growth.
Bank of East Asia Ltd, which reported lower first-half ...
From HANNY WAN,
Shanghai Daily,
19 Aug 2008
HONG Kong stocks have dived, dragging the benchmark index to a one-year low, on concern the city's slowest economic growth in five years will erode earnings.
Sino Land Co lost 4.9 percent, leading declines among developers. Foxconn International ...
From HANNY WAN,
Shanghai Daily,
18 Aug 2008
HONG Kong stocks rose the most in a week yesterday after a retreat in crude oil prices eased concern higher energy costs will hurt consumption and earnings.
Esprit Holdings Ltd, a global clothing retailer, jumped the most in two weeks. China ...
