Issue: February 11, 2009   (Archive)
Monday, December 22, 2014   

Foreign bank - rules eased
China eased restrictions on branch openings and yuan transactions by foreign banks.

Heya Star sparkles with all flats sold
Heya Star became the first residential project to sell all flats within a day since the First-hand Sales Ordinance took effect in April.

Bulls appear ready to keep run going
As US equity markets resumed on an uptrend their strength spread to Asia.

Bullish mainland insurers pour money into A-share market
Mainland insurance companies have injected about 240 billion yuan (HK$299.05 billion) into the securities market within one month, reflecting their bullish sentiment toward the A-share market in the long run.

Russia's woes will hit US recovery
Russia became the focus of global financial markets last week due to the ruble's sharp plunge.

BYD fallout looms for BAIC debut
State-backed BAIC Motor (1958) starts trading today just a day after shares of fellow mainland carmaker, BYD (1211), slumped nearly 30 percent.

Fed comments buoy equities as Swiss make move
The Swiss franc tumbled yesterday after its central bank imposed a charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the European Central Bank starts full-scale money printing early next year.

Guangdong more - open to HK firms
Hong Kong and China signed a new pact yesterday covering 153 services trade sub-sectors under the Closer Economic Partnership Arrangement.

Jobless rate unchanged before festive season
Hong Kong's unemployment rate remained steady at 3.3 percent in the three months to November 30.

Plenty of value to be plucked
As expected, Federal Reserve chairman Janet Yellen did say something to comfort the market. She removed the words "considerable time" and added "patience" in the customary statement of the US central bank's rate-setting panel.

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