Asia shares decline on Italy election
Asian shares fell on Tuesday, taking their lead from overnight plunges in global equities while currency markets remain volatile as no party has won a Senate majority in Italy’s elections,…
New property measures spur selldown in sector
Property stocks were hammered yesterday on concerns the government’s fresh curbs would drag down home prices. Some analysts expect transactions to fall although the city’s property prices may not decline…
Perpetual bonds
Perpetual bonds have become a popular investment among private investors. In this yield-hungry environment, investors have been enticed by the headline coupons offered by perpetual bonds. Private investors have bought…
HKEx expected to see earnings fall up to 20pc
Hong Kong Exchanges and Clearing, which operates the local stock and futures markets, is expected to report a decline of up to 20 per cent in net profit last year…
New board no quick fix for small firms
The mainland’s attempt to expand the over-the-counter market through the so-called New Third Board is unlikely to satisfy small companies’ fundraising needs, say analysts, but a market-making system would help…
Gift crackdown takes toll on store operators
Department store stocks were hammered on the first trading day after the mainland’s week-long Lunar New Year break amid concerns that Beijing’s crackdown on “gift giving” may further hurt high-end…
Tighter profit rules dim hopes of China IPO candidates
Renewed measures by mainland regulators to ease fund-raising pressure on the stock market are expected to force hundreds of initial public offerings to be called off if they fail to…
Tax puts wrinkle in Prada shares
Shares in Hong Kong-listed fashion house Prada fell 3.4 per cent to close at HK$ 76 on Friday amid concerns that investors trading the stock might have to pay a…
Stocks dive on fear of further tightening
Mainland stocks posted their biggest single-day loss in nearly 15 months yesterday as skittish investors were battered by worries of further government tightening measures in the property sector. The sharp…
Mainland stocks still look attractive
The mainland’s A shares are still among the most attractive in Asia-Pacific even after a strong rebound over the past three months, given their low valuations and big re-rating potential…
