Hong Kong stocks surged Tuesday, following gains in mainland indices, as spot gold rose a fifth straight day to a record US$1,287.81 an ounce. The Hang Sang Index added 1.78 percent to 21,962 points. ...More
EJ Insight2014-02-11
Leading real estate developers such as China Merchants Property Devt. Co. Ltd.(000024.CN), Evergrande Real Estate Group Ltd. (03333.HK) and China Vanke Co. Ltd. (000002.CN) are expected to see their p ...More
EJ Insight2014-02-11
The Hong Kong benchmark Hang Seng Index (HSI) rebounded for a second day as it followed the mainland market to close higher. The HSI rose 213 points, or 1 percent, to 21,636. The Hang Seng China Enter ...More
EJ Insight2014-02-07
Some banks are imposing daily transfer limits to a high-yield fund product run by Tencent's instant messaging platform WeChat, Oriental Morning Post reported Thursday, citing comments by the official ...More
EJ Insight2014-02-06
The State-owned Assets Supervision and Administration Commission (SASAC) aims to transform as many existing state-owned enterprises (SOEs) into investment companies as possible rather than set up new ...More
EJ Insight2014-01-28
The State-owned Assets Supervision and Administration Commission aims to transform as many existing state-owned enterprises (SOEs) into investment companies as possible rather than set up new ones as ...More
EJ Insight2014-01-27
When founder Wang Wei {王衛} sold a quarter of his SF Express firm to a consortium last year for around 8 billion yuan (US$1.32 billion), many were left scratching their head -- Wang had not long said t ...More
EJ Insight2014-01-21
Fears of debt defaults are rising as the credit ratings of more local governments and companies lumbered with excess capacity are downgraded, the China Securities Journal reported Tuesday, citing anal ...More
EJ Insight2014-01-21
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Jan. 17: TOP STORIES Tencent launches fund product, stepping up co ...More
EJ Insight2014-01-17
Talk about a shortcut to a custom banking market. All it needs is a hook-up with a family-owned Hong Kong lender and one is halfway through. Better still, buying it completes the foray. That is one bi ...More
EJ Insight2014-01-14
Regulators have suspended China Merchants Bank Co. Ltd.'s (600036.CN) peer-to-peer lending business after two months of operation, the 21st Century Business Herald reported Tuesday, citing an unnamed ...More
EJ Insight2014-01-14
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Tuesday, Jan. 14: TOP STORIES Retailers see non-staple food prices up over ...More
EJ Insight2014-01-14
China Merchants Securities Co. Ltd. (600999.CN) plans to add about 100 jobs at its Hong Kong unit this year and double the unit's revenue over the next three years, with the aim of transforming itself ...More
EJ Insight2014-01-13
Guangdong, China’s largest provincial economy, is throwing down the GDP gauntlet to some of the world’s key economies. Initial figures from the province’s reform and development commission reveal that ...More
EJ Insight2014-01-07
China Merchants Bank Co. Ltd. (03968.HK, 600036.CN) said on Tuesday that its board has approved a proposal to draw up a "living will", Xinhua news agency reported Wednesday. The so-called living will, ...More
EJ Insight2013-12-26
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Dec. 23: Blackstone's Leung joins listing candidate Nan Fung Forme ...More
EJ Insight2013-12-23
Chinese banks have seen large-block transactions quite frequently in recent weeks on the nation's stock exchanges, China Securities Journal reported Thursday, citing stock exchange data. Agricultural ...More
EJ Insight2013-12-19
Anbang Property & Casualty Insurance Co. Ltd. is understood to have bought 347 million shares in China Minsheng Banking Corp., Ltd. (01988.HK, 600016.CN) for 2.9 billion yuan (US$477.71 million) o ...More
EJ Insight2013-12-13
Five Chinese banks will sell up to 15 billion yuan (US$2.47 billion) worth of negotiable certificates of deposit (NCDs) Friday, news portal Caijing.com reported Thursday, citing statements by the lend ...More
EJ Insight2013-12-12
China Merchants Securities Co., Ltd. (600999.CN) said it will set up a British subsidiary, investing up to US$22 million in the unit, the Panorama Network reported Wednesday. The subsidiary will apply ...More
EJ Insight2013-12-12
