HK stocks close 1.84% lower - Thur

2010-02-04 17:52:11

Hong Kong stocks fell 380.44 points, or 1.84 percent, to close at 20,341.64 Thursday.

Chinese shares close 0.28% lower - Thur

2010-02-04 16:35:29

Chinese equities closed slightly lower Thursday as heavyweights weakened in the afternoon trade.

Ctrip offers $88m for 90% stake in travel unit of Wing On

2010-02-04 11:20:48

Ctrip.com International Ltd, an online travel service provider, plans to invest $88 million to acquire a 90 percent stake in a travel service unit of Wing On Travel (Holdings) Limited of Hong Kong, the company said in a statement yesterday.

First Heavy IPO fails to raise maximum amount

2010-02-04 11:19:03

China First Heavy Industries Co became the first company in at least a year to fail to raise the maximum amount sought in a Shanghai IPO after the benchmark index fell 15 percent from its 2009 high.

Commodity, finance companies lead rally

2010-02-04 10:54:10

Mainland stocks advanced the most in six weeks, led by financial companies and commodity producers, as investors speculated recent losses that made the Shanghai Composite Index the world's worst performer were overdone.

Copper rises on positive US data

2010-02-04 10:48:20

Shanghai copper rose 2.8 percent yesterday and London metal extended gains, after the latest batch of positive US data, this time existing home sales, helped soothe jangled investor nerves.

Hanwang float to fund hi-tech upgrades

2010-02-04 10:30:47

Hanwang Technology, a Chinese maker of e-readers and portable devices with handwriting recognition, hopes to raise 249 million yuan through an initial public offering to fund technology upgrades and product research.

HK stocks close 2.22% higher - Wed

2010-02-03 18:32:06

Hong Kong stocks rose 449.9 points, or 2.22 percent, to close at 20,722.08 points Wednesday.

Chinese shares up 2.36% to regain 3000-point - Wed

2010-02-03 16:31:02

Chinese equities ended a three-day decline by surging 2.36 percent to climb above the 3,000-point mark Wednesday, led by financial and energy shares.

China Eastern shares decline on selling spree by investors

2010-02-03 08:04:55

Shares of China Eastern Airlines Corp tumbled to their daily downward limit yesterday after 1.406 billion new shares became tradeable.

Stocks may hit bottom in April

2010-02-03 08:04:55

Chinese stocks may fall further before reaching a "bottom" in April or May as money supply growth slows and policy risks increase, JPMorgan Chase & Co said.