Asia Market News and Trading Resource
June 19, 2013 Leave a comment
Plenty of company news this morning. Mengniu offers US$1.6bio for Yashili! Lenovo unveils new thinkpad. China Merchant expects 10% throughput growth and Chow Tai Fook misses earnings. Here’s what you need to know before the open.
June 19, 2013 Leave a comment
Good morning! Mainland IPO pipeline may re-open as early as July. China and EU to sit down on solar duty dispute. Home price growth slows nation wide while FDI increases and Huawei rejects rumours they are buying Nokia. Here’s what you need to know before the open.
Pop the bubbly and get your allocations in.. The IPO train could be arriving soon.
June 14, 2013 Leave a comment
HK officials defend additional property stamp amid industry criticism. Swire goes east and Dongfeng Motors finds support from Renault. CAA Resources is the latest IPO casualty while Freetech comes to market today. Edward Snowden is still dominating local headlines outlining the USA’s HK/China hacking activities. PLUS: Check out the girlfriend he left behind. Here’s what you need to know before the open. Happy Friday.
June 14, 2013 Leave a comment
Chinese shares listed in New York step up 0.80% in overnight trading. The World Bank is the latest international body to cut China’s 2013 growth forecast, new home sales growth slows and the PBOC halts its repo program to relieve rate pressure. Here’s what you need to know before the open!
Zhou Xiaochuan, Governor of the People’s Bank of China has been a busy boy.
June 13, 2013 Leave a comment
Where is Edward Snowden? The CIA whistle blower has gone dark in our fair city. Chief Executive Leung speaks to Bloomberg US on Snowden and China. Civil servants get a pay rise and Hopewell Property pulls the plug on their IPO plans. Here’s what you need to know before the open.
June 13, 2013 Leave a comment
There will be blood… China reopens this morning after a 3 day holiday in which US and emerging markets have been smacked. Here’s what you need to know before the open!
June 11, 2013 1 Comment
China’s A-Share markets are closed from the 10th -12th for this year’s Dragon Boat Festival. However, the headlines do not stop! Online and mobile games are seeing outstanding growth and investors are rushing into China’s developing private healthcare sector. Retail sales up 12.9% in May and the government announced a nationwide safety overhaul. Finally, China will launch its Shenzhou X rocket today carrying 2 males and 1 female into space! Enjoy the holiday, here’s what you need to know!
Beijing… We are go for launch!
June 10, 2013 Leave a comment
Tycoon Chen Yu-tung kicks off activity this week gaining approval to list New World’s hotel trust. MTR fees on the rise, Chinalco is taking 9 assets to market to boost cash flow, Sany Heavy under fraud claims and China will offer 23bio Yuan Bonds in HK in 2013. Finally, HK says goodbye to “the real” giant rubber duck. Good luck this week!
Don’t leave! Those mainland ducks mean nothing! We can change!
June 10, 2013 Leave a comment
May economic data dominates the headlines this morning. Data across the board is slightly worst than expecting throwing shadows on 2013 growth. CPI, PPI, Imports, Exports, New Loans, Car Sales and Fiscal Revenue all released for May. President Xi Jinping wrapped up his California summit with President Obama and China’s first lady was not impressed getting snubbed by Michelle. Here’s what you need to know before the open. Happy Monday!
June 7, 2013 Leave a comment
Tumbleweeds.. All is quiet at the HK exchange. Lee Shau Kee expresses doubts over the ‘local’ Housing plan and Wharf Chairman decides to take a hands off approach to management. To pad the news let’s also take a look at what was important to note last night.
Yawn…
Headline Asia 