Markets & Investing

Financial Secretary accuses Chaoda Chairman of insider trading

Financial Secretary accuses Chaoda Chairman of insider trading

Aside from Chaoda Modern Agriculture’s Kwok Ho, CFO Andy Chan and Fidelity Management’s George Stairs were also implicated.

Trading delayed as typhoon moves its way to Hong Kong

Hong Kong Exchanges & Clearing’s morning session has been canceled amidst the No.8 gale signal.

Providence Equity Partners appoints Tao Sun as Managing Director

He will also be taking on the role of Head of China Investment Activities focused on the Greater China market.

Citic Securities eyes $1.7b in Hong Kong share offering

It would be the biggest since that of Prada. This is despite the deal being reportedly priced at the bottom of a revised range.

Hang Seng Index drops to its lowest since July 2009

It declined 1.5 percent to 17,407.80 amidst fall of Europe-related shares.

Hong Kong M&A amount to a whopping $55.3b in 2011

The country accounts for 12% of the total M&A deal flow in Asia.

XCMG Construction Machinery aborts Hong Kong share sale

This as underwriters backed out of commitments to buy any unsold stock.

Monetary Authority suspends 2 traders

So Yiu-wing and Ng Chun-mi has been found to have intentionally circumvented Fubon Bank’s internal procedures to cover their mistakes in April 2007.

Yuan falls 0.9% in Hong Kong

The currency traded in the city at record discount to the onshore exchange rate.

Worst week since 2008 looms for Hong Kong shares

The Hang Seng Index, which closed down 4.9 percent at 17,912.0 points on 22 September 2011, was down 7.9 percent on the week.

Xiao Nan Guo cancels Hong Kong IPO

The Chinese restaurants operator cited recent excessive market volatility as the reason for pulling out.

Former Morgan Stanley Executive Director joins HKEx

Sylvia Hoosen is now HKEx’s Senior Vice President and Head of Human Resources.

HKEx appoints Richard Leung as SVP and IT Division Co-Head

Mr Leung, currently Chief Technology Officer of Chi-X Global, will join HKEx in October.

Hello, investors: Nearly 6 in 10 affluent Hong Kongers to invest in Greater China and Southeast Asian funds

It seems like they have a lot to invest, as 63% of Hong Kong's affluent reported a rise in net worth in the last 12 months.

En+ Group mulls Hong Kong listing

This is to support its hydropower and production facilities expansion in Russia.

SFC fines Oasis Management almost $1m

The fund’s chief investment officer faces the same fine for alleged improper trading.

Citic Securities sets price guidance for Hong Kong listing

The publicly traded brokerage will price the shares at between a discount of 13% to its Shanghai-listed shares and a premium of 3%.