Issue: November 08, 2010   (Archive)
Wednesday, October 22, 2014   




AgBank has new leader
Agricultural Bank of China (1288) has named Liu Shiyu as chairman, replacing the departed Jiang Chaoliang as head of the country's third-largest lender.

Waiting game as worries lie west
The Hang Seng Index closed at 23,070, up 47 points on thin turnover of HK$53 billion.

StanChart flayed over UAE move
Standard Chartered (2888) notified thousands of small and medium enterprise customers in the United Arab Emirates that it is closing their accounts.

Occupy not slowing Connect says Tsang
Financial Secretary John Tsang Chun- wah says he is unaware of the reason for the delay in the launch of Shanghai- Hong Kong Stock Connect.

Sha Tin enters mix amid Lohas race
The government is putting more land on the market, making a residential site in Sha Tin available for tender as developers start submitting expressions of interest in Lohas Park phase five to the MTR Corp (0066) today.

Rivalry hurts China Mobile
China Mobile (0941) saw net income for the first three quarters fall 9.7 percent to 82.6 billion yuan (HK$104.7 billion) amid competition from rival carriers and internet-based service providers.

Listing plans unshaken
Several listing candidates are going ahead with their plans despite a weak and volatile market the past few weeks.

US outflows may prove to be good for HK bourse
If there really were "foreign forces" wanting to seize the opportunity presented by Occupy Central, Hong Kong stocks should have fallen 1,000 points when US stocks tumbled recently.

Time to start buying as correction ends
US markets posted a solid rebound on Friday on positive third-quarter earnings and economic data (consumer sentiment, housing construction and starts).

Bet big on blue chips
Wednesday was a bit scary as the Dow fell 460 points to an intraday low before ending down 173 points at 16,141.



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