Following news of approval of the Shenzhen-Hong Kong Stock Connect program, Hong Kong's benchmark Hang Seng Index traded as high 23,193 points last week with market turnover soaring to nearly HK$90 bi ...More
EJ Insight2016-08-23
Trust companies see a windfall from China's latest effort to crack down on risky wealth management products (WMPs), which could divert money from rivals shut out of the market by the new rules. Draft ...More
EJ Insight2016-08-03
Orient Securities Co., a joint-venture partner of Citigroup in China, is said to be seeking up to US$1.15 billion in a Hong Kong initial public offering. The Shanghai-based firm, which submitted an ap ...More
EJ Insight2016-06-17
Uber's Chinese rival Didi Chuxing Technology Co. is fast going up in the sharing economy with a valuation close to US$28 billion after it raised US$4.5 billion in a round of funding. That puts the rid ...More
EJ Insight2016-06-16
China Merchants Securities Co. has cut the size of its planned Hong Kong initial public offering by more than half, the Wall Street Journal reported, citing people familiar with the matter. Poor marke ...More
EJ Insight2016-05-16
Citigroup Inc.’s joint venture partner Orient Securities Co. Ltd. (600958.CN) plans to raise US$1 billion or more in an initial public offering in Hong Kong, the Wall Street Journal reports. The Shang ...More
EJ Insight2016-04-13
State-run conglomerate China Merchants Group has made an informal bid to buy London's Baltic Exchange, becoming the latest contender for the business that has been the hub of the global shipping marke ...More
EJ Insight2016-03-17
Its vans and staff in gray uniforms with red and black stripes are a familiar sight around Hong Kong. SF Express, the largest private courier firm in China, with 310,000 employees, has just announced ...More
EJ Insight2016-03-15
China Merchants Capital is planning to launch 10 funds worth a combined 20 billion yuan (US$2.58 billion), the Hong Kong Economic Journal reports. That would bring the total under management to 20, va ...More
EJ Insight2016-03-14
Those who follow China’s ongoing annual “two sessions” conference should be familiar with so-called “zombie" companies, or debt-laden and unprofitable enterprises. At the National People's Congress, ...More
EJ Insight2016-03-12
Hong Kong bristles with modern edifices and colonial gems. The city’s skyline is a favored canvas to many Hollywood filmmakers and graces postcards and fridge magnets that fly off shelves at souvenir ...More
EJ Insight2016-03-10
WeChat Payment, a mobile payment service provided by Tencent Holdings (00700.HK), will launch operations in Hong Kong before the Chinese New Year, the Hong Kong Economic Journal reported Monday, citin ...More
EJ Insight2016-01-18
China's bond market could see rapid growth in the wake of the renminbi's inclusion in the International Monetary Fund SDR (special drawing rights) basket. Global companies including Daimler, HSBC, Ban ...More
EJ Insight2015-12-25
China Ocean Shipping Co., or Cosco Group, and China Shipping Group Co., two of the country's biggest shipping companies, are set to issue details of their multibillion-dollar merger plans, the Wall St ...More
EJ Insight2015-12-11
Weak November trade figures have led to accelerated capital outflow from China and sparked a fresh slide in the renminbi in offshore trade. The equity market also suffered, with the Shanghai Composite ...More
EJ Insight2015-12-09
The Shanghai Composite Index lost 12 points to close at 3,635 points on Thursday. The military sector moved abnormally in afternoon trading, and the authorities unveiled military reforms after the mar ...More
EJ Insight2015-11-27
China's economy is facing strong headwinds. Many firms sink deeper into losses and find it hard to collect receivables. As bad debts rise amid the slowing economy, how can banks lend out their clients ...More
EJ Insight2015-11-06
China’s Landbridge Group has bought a long-term lease on the Port of Darwin in Australia’s north for A$506 million (US$370 million). The deal is part of Australia's effort to capitalize on rising Chin ...More
EJ Insight2015-10-14
The inaugural Eastern Economic Forum, attended by more than 1,000 investors from 24 countries including China in Vladivostok this month, shows the momentum of Russia’s pivot to Asia. China is an impor ...More
EJ Insight2015-09-12
China’s central bank added the most funds to the financial system in open-market operations in six months and sold the cheapest treasury deposits in five years as efforts to prop up the renminbi strai ...More
EJ Insight2015-08-25
