Sundance dives after China deal fails
Shares in Australian iron ore company Sundance Resources crashed more than 50 per cent in intraday trade yesterday after a billion-dollar takeover agreement with China’s Hanlong Group collapsed. Sundance terminated…
Asian shares up on record Wall St close, China trade data
Asian shares edged higher on Wednesday after Wall Street closed at a record high overnight and Chinese trade data signalled a recovery in the world’s second largest economy was gathering…
Futures traders left cold by new evening session
Index futures can be used by issuers of callable bull/bear contracts (CBBCs) and warrants to hedge their risks, but local players have expressed little interest in trading them in the…
Bird flu fears help automakers in China
Bird flu worries are continuing to reverberate through China’s stock markets, with automakers now rising on expectations that more Chinese will use private cars in preference to risking exposure to…
Late nights loom as evening trade begins
Hong Kong Exchanges and Clearing (HKEx), which runs the local stock and futures markets, will today add a new 5pm to 11pm session for trading Hang Seng Index and H-share…
Bird flu, property curbs hit Shanghai market
China’s onshore market slumped on Monday when trading resumed after the four-day Qingming festival, when stocks were hit by bird flu jitters and by fresh moves to curb Beijing’s housing…
Bird flu scare gives shot in the arm to vaccine shares
Vaccine shares rose while mainland poultry companies declined on the stock market yesterday as the H7N9 bird flu scare in eastern China triggered speculation that Beijing could order a cull…
Transaction tax confusion vexes local stockbrokers
It may be a long way from Rome, but the Italian taxman is making his unwelcome presence felt on the local bourse, where one of the country’s most famous fashion…
Tokyo stocks skyrocket on BoJ easing plan
Tokyo stocks skyrocketed on Friday as investors embraced sweeping new monetary easing measures from the Bank of Japan that sent the yen plunging, spelling good news for the country’s struggling…
Hong Kong shares sink 2.7pc amid China bird flu scare
Hong Kong stocks sank to their lowest level since last November yesterday as international investors pulled money out of the local market amid a bird flu scare on the mainland…
