Hong Kong Stock Exchange News
China Mobile to buy stake in bank
The world's largest wireless network operator with 527.4 million mobile phone subscribers will acquire 2.207 billion shares of the Shanghai-listed lender at 18.03 yuan each.
Silence loud on police raids over PCCW's failed privatisation
Strangely, there is no word on the swoop on the homes and offices of Richard Li and others connected with attempt to take company private In the week before the Lunar New Year, police raided the home of Richard Li Tzar-kai and a number of other residences and businesses connected with the failed HK$15.93 billion attempt to privatise PCCW last year.
Ness Technologies shares up 7%
Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp.
Hang Seng ends flat as Cathay hits 20-month high
Hong Kong shares ended flat on Wednesday, barely in positive territory after three straight sessions of gains and as investors took a breather after recent strength.
U.S. Concrete Q4 revenue $119.9M vs $173.3M
Loading more headlines... /news/nonmarketwatch/company/us/rmix Other News on RMIX No News currently available for RMIX Kiosk Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp.
Cathay posts HK$3.9b second-half profit
Cathay returned to profit in the six months ended December 2099, helped by the sale of part of its stake in Hong Kong Aircraft Engineering and as air cargo recovered strongly and passenger traffic improved in late last year.
Bali bombing mastermind believed killed
Anti-terror police hunting a mastermind of the 2002 Bali bombings killed three suspects in two dramatic shootouts near Jakarta yesterday.
New civil servants may be paid less
An influential advisory body on civil service pay has recommended cutting the starting salaries of civil servants with university degrees by about HK$2,000. The recommendation by the Standing Commission on Civil Service Salaries and Conditions of Service sparked union fears that lowering salaries for new government recruits would worsen the ageing ...
MTR's core earnings dive 10.8pc to HK$7.3b
MTR Corp posted a 10.77 per cent drop in underlying net profit to HK$7.3 billion last year and executives do not hold out any hope of quick profits from projects outside Hong Kong.
Murderer struck again after evading police
The 27-year-old was found guilty by a Court of First Instance jury of killing Charitar Kamolnoranath, 40, in a robbery in October 2005.
Energy stocks lose ground
Nyse Arca Natural Gas 553.19 Change +3.91 +0.71% Volume 0.00 /quotes/comstock/10y!i:osx Philadelphia Oil Service... 211.29 Change +0.03 +0.01% Volume 0.00 /quotes/comstock/13*!cvx /quotes/nls/cvx Chevron Corp $ 74.58 Change -0.06 -0.08% Volume 1.73m Kiosk Intraday data provided by Interactive Data Real Time Services , a division of Interactive ...
Liberty splitting London arm from shopping centers
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Incentives boost SAIC car sales up 45pc
Incentives push SAIC car sales up 45pc SAIC Motors, the mainland's largest carmaker, said its vehicle sales rose 45 per cent in February as Beijing's policy incentives continued to drive buyers into showrooms in the world's largest car market.
Hang Seng up 0.2pc, China Southern soars
China Life Insurance, the most actively traded stock, rose more than 4 per cent in its biggest single-day of gains in percentage terms in more than three months.
China Life 2009 earnings up over 200pc
Insurance, the world's biggest life insurer by market value, on Tuesday revised up its last year net profit growth forecast to more than 200 per cent from 2008, citing accounting rule changes.
Morgan Stanley quits Foshan asset
Morgan Stanley has agreed to sell back its 50 per cent stake in a residential project in Guangzhou's Foshan city to joint-venture partner Hon Kwok Land Investment for HK$200 million.
Bankers join call for more cheap flats
More business leaders, including property tycoons, have joined a call for the government to resume building Home Ownership Scheme flats and provide more housing to help prospective homeowners.
Airline chief warns of railways threat
The mainland's ambitious high-speed railway programme will deal a "devastating blow" to its airlines and could even kill off short- to medium-haul routes, the chairman of China Eastern Airlines warned yesterday.
Hubei governor snaps at questions over brash reporter
Hubei governor Li Hongzhong has been in the spotlight in the past two days after a dispute with mainland reporters on Sunday on the sidelines of the National People's Congress in Beijing.
PetroChina, Shell bid for gas firm
Arrow said it had received a "non-binding indicative and conditional proposal" from a company jointly owned by Shell and PetroChina, the nation's largest oil and gas producer.