Market roundup - May 31, 2010

2010-06-01 10:11:43

'Correction' in China stocks nearing its end

2010-06-01 08:59:56

A "correction" in Chinese stocks that has made them Asia's worst performers this year may be nearing its end given the duration and degree of the slump, according to Elliott Wave International Inc.

Goldwind may raise $1.2b in HK IPO

2010-06-01 08:57:35

Xinjiang Goldwind Science & Technology Co, China's largest traded wind-turbine maker, may raise as much as HK$9.09 billion ($1.2 billion) in a public share sale, said two people with knowledge of the matter.

Hong Kong stocks close flat - May 31

2010-05-31 16:55:02

Hong Kong stocks closed slightly down 1.52 points, or 0.01 percent, at 19,765.19 on Monday.

China real estate bubble bursts in bond market

2010-05-31 16:50:12

Dollar bonds sold by China real estate companies this year are the worst performers among Asian non-financial corporate debt denominated in the US currency amid concern the nation's property market is overheating.

China stock index futures down - May 31

2010-05-31 16:36:10

China's stock index futures fell Monday with the contract for June, the most actively traded, down 2.71 percent from the previous trading day to end at 2,792 points.

ChiNext stock index down - May 31

2010-05-31 16:35:56

The ChiNext board was down Monday as 79 of the 88 stocks at China's start-up board for small and medium-sized enterprises declined at the close.

Lenovo's parent eyes HK list

2010-05-31 16:33:09

Legend Holdings, parent of the world's No 4 PC maker Lenovo Group, plans to seek a Hong Kong listing in the next five to seven years, the South China Morning Post reported today, citing chairman Liu Chuanzhi.

China stocks down Monday, adding to monthly losses

2010-05-31 16:30:25

Chinese shares declined Monday, led by weak property with the benchmark Shanghai Composite Index shedding 9.7 percent for the month of May.

Goldwind in $1.2b HK IPO: sources

2010-05-31 14:46:29

Goldwind, which is already listed on the mainland's Shenzhen stock exchange, would offer 395.29 million shares, or 15 percent of its enlarged share capital, with an indicative price range of between HK$19.80 ($2.54) and HK$23, the sources said today.