HONG KONG: WEEK IN REVIEW, 16Jun2013

Hong Kong defends its most recent property measures and says expect more in October. Markets are still very rocky. $10bio of Asia IPOs at risk in current market. Hopewell and CAA pull their IPOs. Here’s our top 10 for the trading week gone by.

HONG KONG: BEFORE THE OPEN, 11Jun2013

Headlines are slow this week as China takes a break for this year’s Dragon Boat Festival. HKEx will be closed tomorrow. Major news revolves around the 4 HK IPOs that are beginning marketing while an HKMA committee warned that the HK economy is losing steam. WeChat looks to go global and HK listed coal companies are moving on news mainland authorities are pushing coal prices higher. Here’s what you need to know before the open!

Local mainland authorities push higher coal prices

Local authorities in the mainland are pushing individual power producers to use coal that they can source locally. The effort includes incentives as part of a program to boost coal prices. Shares of Yanzhou Coal (1171) and China Coal (1898) rose by up to 1 percent yesterday on reports of the program. Shenhua (1088) was up 0.4 percent to HK$25.15. Read More, The Standard

CHINA: CLOSING WRAP, 27May2013

SHCOMP +0.22% on a light news day for the start of the week. Industrial profit growth slowed, up 9.3% in April, coal prices fall to the lowest prices in four years and Merkel vows to avoid an EU-China trade dispute. Guangzhou Auto also made a splash finishing limit up. Here’s what you missed!

“Two households, both alike in dignity, In fair Verona, where we lay our scene.”