Hong Kong Stock Exchange News
Li buying EDF Energy's British assets for 5.8b
Li Ka-shing is close to making his biggest international acquisition with a deal to buy Britain's largest electricity distribution business for 5.775 billion .
Tseung Kwan O flat buyers in limbo
Yip Chi-shing and his wife were supposed to move into their newly purchased apartment in Tseung Kwan O at the end of June.
Openness the route to green responsibility
It looks like a national crisis. Untrammelled - and often unregulated - economic growth has left most of the nation's lakes and rivers polluted.
Why Cantonese threatens Beijing's language of power
Why are authoritarian regimes so obsessed with the suppression of local languages, or dialects, as they generally prefer to describe them? The Soviet Union was ruthless in trying to obliterate the many languages that existed within its borders, Fascist Spain criminalised the use of the nation's minority languages and China has demonstrated an equal ...
Li Ka-shing to buy UK power grids for HK$67 billion
Two firms controlled by Asia's richest man, Li Ka-shing, are to buy UK power grids from France's EDF for over A 5.5 billion , giving them a foothold in more lucrative overseas markets.
ICBC joins the rush to raise new capital
ICBC's board has passed a proposal to sell up to 0.6 shares for each 10 shares held by existing shareholders to replenish capital, according to a bourse filing on Wednesday.
Police withdraw order for detention of journalist
Police yesterday revoked a detention order for a journalist who had reported alleged irregularities at a listed Zhejiang company because provincial authorities had ignored proper criminal procedures in favour of protecting the company.
12 cities to lead tie-up of TV, phone and computer networks
After a 12-year battle between competing government ministries to lead the massive 688 billion yuan integration of the mainland's television, telephone and computer networks, Beijing has selected a dozen cities for a pilot scheme.
Small flats, big prices, bigger disappointment
Middle-income earners hoping that government exhortations to developers to build more smaller, affordable flats will bear fruit are in for a disappointment.
ICBC to raise up to 45b yuan in rights issue
Industrial & Commercial Bank of China, the worlda s most valuable bank, plans to raise up to 45 billion yuan through a rights offer, the latest in a series of massive fundraising plans by the mainland lenders to shore up their capital base.
ABC releases extra shares in HK
The Agricultural Bank of China , came a step closer to becoming the worlda s top IPO after the countrya s No 3 lender released extra shares in Hong Kong, increasing the amount raised so far to US$20.8 billion.
Corrections: Zions unloads CDO risk in deal with Deutsche Bank
Intraday Data provided by Thomson Reuters and subject to terms of use . Historical and current end-of-day data provided by Thomson Reuters.
Personnel issues distract from Hang Lung results
He said as far as he was aware, no more executives were planning to leave. Terry Ng Sze-yuen, executive director of Hang Lung Properties and Hang Lung Group , resigned for personal reasons a week ahead of yesterday's annual results announcement.
HK$10.4b Peak sale shows strength of luxury market
A site on The Peak fetched the third-highest land price in the city's history yesterday, underscoring the continued strength of the luxury residential market.
States face more service cuts in 2011
Intraday Data provided by Thomson Reuters and subject to terms of use . Historical and current end-of-day data provided by Thomson Reuters.
Corrections: Hype and hope for small-cap Chinese stocks
A MarketWatch video about small-cap Chinese companies published July 23 did not identify China Gerui Advanced Materials Group Ltd.
Enbridge buying pipeline system for $682 million
Enbridge Energy Partners LP 8:50:41 am 8:50:41 am $ 57.60 Change -1.89 -3.18% Volume 2,900 /quotes/comstock/13*!apl /quotes/nls/apl Atlas Pipeline Partners LP 8:50:41 am 8:50:41 am $ 12.35 Change -0.82 -6.23% Volume 171,247 Kiosk Intraday Data provided by Thomson Reuters and subject to terms of use .
Peak land auction lands HK$10.4b
Hong Kong on Wednesday auctioned a plot of land for HK$10.4 billion in its third-most expensive land sale, beating forecasts and adding to fears of a bubble in one of the worlda s hottest property markets.
Deadly explosion hits Nanjing plastics factory
An explosion hit a plastics factory on Wednesday in the city of Nanjing in Jiangsu Province, killing an unknown number of people and injuring at least 100 more, state media said.
HK shares rise as banks gain
Hong Kong shares continued their upward trend for a seventh session, taking the benchmark Hang Seng Index past its 200-day moving average, a key resistance level.