Issue: February 11, 2009   (Archive)
Tuesday, September 2, 2014   

Gaming revenue takes hit as high rollers play it safe
Macau's gaming revenue in August came in below estimates for a third straight month of declines, while the number of visitors to Hong Kong in July saw double-digit growth.

Car-hire giant leads $10b IPO race
Five firms will open their retail books this month to raise nearly HK$10 billion.

Former bourse vice president dies
Former Hong Kong Stock Exchange vice president Herbert Hui Ho-ming passed away on Saturday. He was 56.

Trading transaction fees to be reduced
Hong Kong Exchanges and Clearing (0388) said transaction fees will be reduced starting from November 1, shortly after the start of the Shanghai- Hong Kong Stock Connect.

Data suggest slowdown
China's manufacturing slowed more than estimated last month, joining weaker-than-anticipated credit, production and investment data in suggesting the economy is losing momentum.

Beware the falling knife in restless times
Trading on the local bourse was a bit quiet yesterday ahead of the US Labor Day holiday.

Spill for juice maker
Huiyuan Juice Group (1886) is banking on the international market, including Hong Kong, to boost sales after its disappointing first-half results.

Mixed signals on pay cuts as CCB earnings rise
China Construction Bank (0939) will issue preference shares later than its "big four" peers and no such offer is likely next year.

Fund manager offloads HSBC stake
Star British fund manager Neil Woodford sold his fund's stake in HSBC Holdings (0005) last month, citing concerns about the potential impact of several industry-wide investigations on the London-based banking group.

Stock Connect trial goes off 'smoothly'
The first full trial of the Shanghai-Hong Kong Stock Connect was successfully completed during the weekend.

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