FINANCE

Hong Kong, Shanghai stocks decline in early trade

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HONG KONG (MarketWatch) — Hong Kong shares declined early Monday after rising for six straight sessions, as a broadly weak finish on Wall Street Friday and a poor opening for mainland Chinese stocks after a week-long holiday weighed on sentiment. The Hang Seng Index fell 0.6% to 20,383.27 and the Hang Seng China Enterprises...

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Crafar sale 'sets up open season'

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The Michael Fay-backed Crafar Farms Purchase Group has vowed to continue to fight against the land from being sold offshore and says today's decision to approve the farm sale to Shanghai Pengxin Group "sets up open season for foreign… (more here…) Related items Hong Kong shares rise, as HSBC leads financials Asia Markets: Tokyo,...

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Eastday-Key index hops to close 1% higher

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SHANGHAI stocks hopped to close higher yesterday on the last trading day of the Year of the Rabbit, with investors confident that China will ease policies further to bolster the capital market in the Year of the Dragon. (more here…) People who looked at this item also looked at… Eastday-Chip maker's unit eyes IPO...

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Hong Kong, China Shares Gain 1.3 pct, Financials Lead Again

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Hong Kong shares rose to a two-month high and Shanghai's benchmark inched back towards stubborn chart resistance on Thursday, with financial shares leadomg gains on hopes of further policy easing in China. (more here…) Related items Asian Stocks Drop as Earnings Forecasts Fuel Recovery Concern HK, China stocks reverse gains on swoon in Shanghai...

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Shanghai, Hong Kong Shares Surge after China GDP Data

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China shares on Tuesday surged 4.2 percent, their biggest one-day gain in more than 27 months, after Beijing reported that the world's second-largest economy grew faster than expected in the last quarter of 2011, although at its weakest pace in 2-1/2 years. (more here…) People who looked at this item also looked at… Upsolar...

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The Mayor Of Shanghai Says The Rent Is Too Damn High

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At a conference with journalists yesterday, the mayor of Shanghai, Han Zheng, unveiled a host of new economic goals and initiatives for the city. (more here…) People who looked at this item also looked at… Opening View: DJIA Pointed Higher on China GDP; Financials in the Earnings Spotlight Shanghai, Hong Kong Shares Surge after...

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