Issue: February 11, 2009   (Archive)
Tuesday, April 21, 2015   

Volatile Hong Kong takes a break
Hong Kong stocks will be gripped by volatility in the coming days, with the Hang Seng Index securing support at 26,700 after tumbling 2 percent yesterday, analysts said.

Tax lift may spur HSBC relocation
HSBC (0005) will consider whether to move its headquarters from London once the regulatory environment is clearer, chairman Douglas Flint said yesterday.

China Mobile falters
China Mobile (0941), the country's largest wireless carrier, said yesterday its net profit for the first three months of 2015 fell 5.6 percent from a year earlier, as messaging apps ate into revenues from traditional text and phone calls.

Amex cashback card
American Express has launched its first cashback credit card, which offers a 1 percent rebate on all transactions.

Mall business as usual
Sales and footfall rates at its shopping malls remain largely the same after a policy change to limit numbers of mainlanders visiting Hong Kong, Sun Hung Kai Properties (0016) says.

Li firms' revamp given green light
More than 99 percent of CK Hutchison Holdings (0001) and Hutchison Whampoa (0013) shareholders approved the restructuring of Li Ka-shing's flagship firms.

Volatility for near term
In the days ahead, Dr Check is certain the Shanghai and Hong Kong stock markets will remain very volatile.

Nun joins in flat-craze crush
More than 1,000 buyers from diversified backgrounds including a Buddhist nun made a swoop for 516 Hemera flats yesterday, snapping up 80 percent of them within two hours.

Shanghai and HK like `twin engines'
Hong Kong should think of ways to capitalize on the opening of mainland markets rather than regard Shanghai as a competitor, said the secretary for financial services and the treasury.

Biomed firm denies plan A in offing
Shanghai Haohai Biological Technology opens its retail book today for a HK$2.36 billion initial public offering.

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