Stocks in Shanghai, Hong Kong Edge Higher; Cathay Pacific Net Triples
Stocks in Shanghai were flat and investors focused on domestic issues. The policy makers are expected to announce more measures to curb property speculation and facilitate the sale of affordable homes....
View ArticleShanghai Drops 1.5% on China Trade Deficit; Auto Sales Rise 2.9%
Stocks in Shanghai fell after China reported its first monthly trade deficit in nearly a year as imports rose at a faster pace than exports. For the two months to February China slipped into a deficit....
View ArticleChina Retail Sales Increase 15.8%; Inflation at 4.9%; Hang Seng Drops 1.6%
Stocks in Shanghai extended Japan losses after a massive earthquake hit northeastern Japan. Consumer price inflation in China increased 4.9% in February and industrial production in two-months to...
View ArticleHang Seng Surges 1.7%, Shanghai Up on Energy Stocks
Stocks in Hong Kong and Shanghai increased after investors shrugged off the latest bank reserve tightening. China energy stocks gained after crude oil prices increased. Kweichow Moutai Co, Chinas...
View ArticleHang Seng Drops 1.3%, Shanghai Eases Ahead of Inflation, GDP Release
Stocks in Shanghai and Hong Kong declined on the worries that inflation may overshoot government target for the second month in a row. China is scheduled to release GDP and inflation data this week....
View ArticleHong Kong Property Prices Reach 1997 Peak; China Inflation Worries
Stocks in Hong Kong and Shanghai rested ahead of inflation data tomorrow. A surge in inflation in March is expected to surpass 5% increase, ahead of government target. Hong Kong residential prices...
View ArticleChina's Economy Expands 9.7%, March Inflation Accelerates to 5.4%
China reported faster than expected economic expansion in the first quarter and inflation gained in March to 5.4%, a month after Lunar Year holiday. Steelmakers and banks closed higher but Angang Steel...
View ArticleShanghai Stocks Rebound; Hui Xian IPO Drops 8%
Stocks in Shanghai rebounded after falling for four days in a row on the prospect of higher inflation. For the week, the benchmark index dropped 3.3% in Shanghai. The Hang Seng index declined. Hui Xian...
View ArticleAsian Markets Drop 2% on U.S. Jobs Report
Asian markets slid following the weak U.S. employment report. The market index in Korea led the region with a loss of 4% and the index in Hong Kong fell 3%. The indexes in Shanghai, Australia and...
View ArticleHang Seng Advanced 1.4%; China Tianrui IPO Soared 26%
Stocks in Hong Kong closed higher and retained the positive bias in the last three days. The Hang Seng index increased 1.4% and for the week declined 1.9%. The cement maker China Tianrui soared 26% on...
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