Five days of gains ended Friday for Hong Kong's benchmark Hang Seng Index (HSI) as investors stepped in to take profits. The HSI gave up 55 points, or 0.24 percent, to end at 22,510. The index was up ...More
EJ Insight2014-04-04
Chinese software developer Kingsoft Corp. (03888.HK) has agreed to buy 31.94 million preferred shares in Xunlei Ltd., a Shenzhen-based firm involved in video downloader software and content business, ...More
EJ Insight2014-04-04
Xiaomi Inc. has denied rumors that internet giant Tencent Holdings Ltd. (00700.HK) is acquiring a stake in the Chinese smartphone maker, news website 17173.com reported Friday, citing a statement from ...More
EJ Insight2014-03-28
Hong Kong stocks finished mostly weaker on Thursday, with technology and mobile gaming firms coming under pressure after a disappointing debut of London-based game developer King Digital Entertainment ...More
EJ Insight2014-03-27
The Hang Seng Index took a breather from a two-day winning run as investors grabbed profits from technology-related stocks. Hong Kong's benchmark index gave up 114 points, or 0.52 percent, to close at ...More
EJ Insight2014-03-25
Hong Kong's benchmark Hang Seng Index (HSI) bounced back Friday after a sharp, 380-point fall in the previous session. The market was cheered by a China Securities Regulatory Commission announcement t ...More
EJ Insight2014-03-21
It was all quiet on the Hong Kong benchmark Hang Seng Index (HSI) front Wednesday as the market focused on the results of major companies. The HSI shed 14 points, or 0.07 percent, to 21,568. The Hang ...More
EJ Insight2014-03-19
Hong Kong's benchmark Hang Seng Index (HSI) continued its retreat Friday after the central bank's ban on virtual credit cards weighed heavily on the technology, software and electronic payment sectors ...More
EJ Insight2014-03-14
Hong Kong's stock market appears to have entered a correction phase, with the benchmark Hang Seng Index (HSI) slumping more than 360 points on Wednesday, dragged down by weak overseas sentiment and wo ...More
EJ Insight2014-03-12
Hong Kong's benchmark Hang Seng Index (HSI) stabilized Tuesday after falling more than 300 points Monday. The tension between Russia and Ukraine eased as Russian troops were recalled to their bases af ...More
EJ Insight2014-03-04
Beijing-based Kingsoft Corp. (03888.HK) is forging yet another tie with handset upstart Xiaomi. Not only is the phone firm's boss, Lei Jun, non-executive chairman of the software company, Kingsoft an ...More
EJ Insight2014-02-19
Hong Kong's benchmark index ended the day without much movement, but funds continued to pile into technology and software stocks. The Hang Seng Index added 51 points or 0.23 percent to finish at 22,58 ...More
EJ Insight2014-02-18
Hong Kong's benchmark index continued with its winning streak on Monday after mainland tech giant Tencent (00700.HK) reached a new peak. The Hang Seng Index added 237 points or 1.07 percent to finish ...More
EJ Insight2014-02-17
China's smartphone maker Xiaomi Inc. has been valued at US$10 billion, sharing the top spot with San Francisco-based file hosting service provider Dropbox Inc. as the world's most valuable unlisted ve ...More
EJ Insight2014-02-04
With cyber security becoming a major challenge in the modern age, given the array of sophisticated tools and surveillance programs in the hands of spying agencies and expert hackers, China is seeking ...More
EJ Insight2014-02-03
Hong Kong stocks fell for a fourth day running but handset makers and internet plays bucked the downtrend. The benchmark Hang Seng Index slipped 15 points or 0.07 percent to 21,960 points. The Hang Se ...More
EJ Insight2014-01-28
Alibaba Group has announced the launch of its own mobile games platform, putting an end to the monopoly era of internet giant Tencent Holdings (00700.HK) in that key segment. Alibaba's entry into the ...More
EJ Insight2014-01-08
General calm prevailed on the Hong Kong stock market Tuesday, although Macau gaming plays rode high again after Morgan Stanley and Citigroup both raised outlooks for the sector's revenue growth as wel ...More
EJ Insight2014-01-07
The Hong Kong benchmark index was dragged down for a second day by the prospect of a resumption in mainland listings this month. The Hang Seng Index fell 133 points, or 0.58 percent, Monday to 22,684 ...More
EJ Insight2014-01-06
Hong Kong's stock market remained quiet on Monday, the last clearing day for 2013 for futures and other derivatives, with only a half-day session left for the year on Tuesday. The benchmark Hang Seng ...More
EJ Insight2013-12-30
