Kenny Tang News
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Mirae Asset Securities Co., the brokerage affiliate of South Korea’s second-largest money manager, will eliminate half of its 38 jobs in Hong Kong after stock trading in the city fell.
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Hutchison Whampoa Ltd., billionaire Li Ka-shing’s biggest company, posted full-year profit that beat analyst estimates on improved earnings from retail, telecom and utilities businesses from China to the U.K.
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Hutchison Whampoa Ltd., billionaire Li Ka-shing’s biggest company, posted full-year profit that beat analyst estimates on improved earnings from retail, telecom and utilities businesses from China to the U.K.
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SJM Holdings Ltd., Asia’s biggest casino company, said it’s in advanced talks with the Macau government to build a new casino after 2011 profit rose 49 percent.
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Swire Properties Ltd. , landlord to Time Warner Inc. in Hong Kong, shelved its plan to raise as much as HK$20.8 billion ($2.7 billion) in an initial public offering as a widening government-debt crisis battered the IPO market.
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Tencent Holdings Ltd. may extend a rally that has lifted China’s biggest Internet stock more than 8 percent this year after the shares broke above moving averages and a measure of trading momentum surged, according to AMTD Financial Planning Ltd.
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Tencent Holdings Ltd. may extend a rally that has lifted China’s biggest Internet stock more than 8 percent this year after the shares broke above moving averages and a measure of trading momentum surged, according to AMTD Financial Planning Ltd.
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Hong Kong stocks fell as banks declined after people familiar with the situation said China ordered bad loan provisions be increased, overshadowing optimism the nation has room to relax policies designed to rein in property prices and slow economic growth.
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SJM Holdings Ltd., Asia’s biggest casino company, said it’s in advanced talks with the Macau government to build a new casino as it faces market share declines in the world’s largest gambling hub.
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Huang Guangyu’s Beijing trial ended after a one-day hearing for the insider-trading and bribery charges against the founder of Hong Kong-listed Gome Electrical Appliances Holdings Ltd.
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