Post Tagged with: "Markets & Investing"

Should Beijing prop up stock markets to combat its slowest economic growth since 1990?

Should Beijing prop up stock markets to combat its slowest economic growth since 1990?

China?s faltering stock markets, compounded by an economy that is growing at its slowest pace since 1990, have incited a heated debate among think tanks and analysts on whether Beijing should step in to help shore up investor confidence. The benchmark Shanghai Composite Index ? the world?s worst performer among […]

Neither fat finger nor manipulation responsible for US$41 billion flash crash, says Singapore Exchange

Neither fat finger nor manipulation responsible for US$41 billion flash crash, says Singapore Exchange

What was shaping up to be a ho-hum market open in Singapore suddenly became the most dramatic session in years, with a haphazard spree of sell orders?causing a US$41 billion crash in the city?s biggest stock on Thursday. Jardine Matheson Holdings, the flagship investment firm of a 186-year-old conglomerate that […]

Chinese consortium sees off Hong Kong rivals in ferocious bidding war for prime Shanghai commercial land, ending their stranglehold

Chinese consortium sees off Hong Kong rivals in ferocious bidding war for prime Shanghai commercial land, ending their stranglehold

A Chinese consortium has outbid Hong Kong developers in a ferocious bidding war for a much coveted plot of commercial land in the heart of Shanghai. The group led by China Resources Land paid a record-breaking price for the plot after winning a bitterly contested auction that lasted for more […]

Hong Kong developers finished building 21,000 new homes last year, most in 14 years and ahead of official target

Hong Kong developers finished building 21,000 new homes last year, most in 14 years and ahead of official target

The number of private homes built in Hong Kong last year beat the government?s target and hit a 14-year high, helping to bring a 28-month bull run in the city?s property market to a halt. Figures released by the Transport and Housing Bureau on Friday showed that construction of 21,000 […]

Worries about trade, global growth cap gains in Hong Kong, China stock markets

Worries about trade, global growth cap gains in Hong Kong, China stock markets

Worries about the US-China trade war and global growth kept gains in check on the Hong Kong and mainland stock markets on Thursday. The Hang Seng Index closed up 0.42 per cent, to 27,120.98, while the Hang Seng China Enterprises Index gained 0.56 per cent, to 10,691.00. On the mainland, […]