Read More

These 5 Hong Kong Companies Bought Back Around 0.1% Of All Their Shares In Issue Last Week

Last week was a quiet trading week in Hong Kong, with just half the normal daily volumes traded as a result of a 7-day national holiday in China. Still, some companies took the opportunity to repurchase their own shares, many of which are suffering from a sharp sell-off as part of a broad decline among China stocks this year.

AAGIY

Read More

Golden Week Holiday Puts A Dim Shine On China’s Recovery Prospects

China's national Golden Week Holiday at the start of October provided a bit of a boost to spending but fell short of government expectations.  Stocks were subdued in China and Hong Kong Monday following a week-long holiday on the mainland after consumer spending and home sales data roiled markets and Hamas terrorists attacked Israel over the weekend.  

BYDDY

Read More

Hong Kong Stocks Gain Some Steam Back After Citigroup Declares China’s “Cyclical Bottom Is Here”

Positive economic data for China growth and the approved restructuring of a major property developer lifted stocks in Hong Kong Thursday in the mid-morning session, although most failed to hold onto the gains in the afternoon. Hang Seng Index was flat by end of the trading day, just 10 basis points higher at 17,212.43 points.

BABA