There is life in the IPO
Like an endangered species clinging on to the last remnants of its natural habitat, the Hong Kong initial public offering was scantly seen in 2012. The euro zone sovereign debt…
China stock slump highlights market flaws
Chinese stocks this year fell to levels unseen since the global financial crisis, as investors ignored a rebound in the world’s second largest economy and focused on fundamental problems with…
Engineering giant makes stellar debut on exchange
Shares in China Machinery Engineering, a state-controlled engineering contractor in the power sector, rose sharply on its debut in Hong Kong yesterday, offering a surprise bonus for investors on a…
Re-elected prime minister thinking big in Japan
Japan-focused investors awoke last Monday to a new reality when the Liberal Democratic Party (LDP) won a decisive victory at the polls, ushering the return of Shinzo Abe as prime…
Hang Seng hits 18-month high on last trading day
The Hang Seng Index crept to its highest close in 18 months on Friday, as investors rotated into Chinese non-financial counters after Beijing raised hopes of quicker sector reforms. Markets…
Liquidity will drive up Hong Kong stock in 2013: SCMP Survey
Hong Kong stock prices will will see growth in the low teens next year amid ample liquidity and a recovery on the mainland, say market players. According to the median…
Asian stocks up ahead of US fiscal cliff talks
Asian stock markets rose on Friday, hours before President Barack Obama and key lawmakers were to meet at the White House to try to hammer out an 11th-hour budget compromise…
US dollar hits new 20-month high on easing hopes
The dollar rose past 85.00 yen in early Asian trade on Wednesday on expectations that the Bank of Japan (BoJ) would take more monetary easing steps under pressure from the…
Nikkei scales 21-month high on new leadership hopes
The Nikkei share average climbed to a 21-month high on Thursday, led by exporters and banks, as the new Japanese prime minister’s vow to battle deflation. Markets & Investing feed…
