Stocks

ChiNext stock index higher

ChiNext stock index higher The ChiNext Index closed higher on Monday as only five of the 28 shares at China\'s start-up board for small and medium-sized enterprises went up. The board, which is based in Shenzhen and started trading on Oct. 30, 2009, is tailored to the needs of enterprises engaged in independent innovation and other enterprises with great growth potential. ...

Chinese shares close up 0.45%

Chinese shares close up 0.45% Chinese equities rose with the benchmark Shanghai Composite Index up 0.45 percent, or 14.86 points, to close at 3,331.90 Monday, led by heavyweights. The Shenzhen Component Index increased 1.2 percent, or 166.59 points, to close at 14,051.52. Combined turnover was 277.3 billion yuan (40.60 billion U.S. dollars). Losers outnumbered gainers by 693 to 125 in Shanghai and 656 to96 in Shenzhen. ...

Chinese shares open higher over extended consumption stimulus

Chinese shares open higher over extended consumption stimulus Chinese shares opened higher on Thursday as the Chinese government announced to further boost domestic consumption next year. The benchmark Shanghai Composite Index rose 0.58 percent to open at 3,258.35 points. The Shenzhen Component Index edged up 0.66 percent to 13,862.76 points at the opening. China\'s State Council said Wednesday that policies to boost consumption will be further strengthened and most of the current policies...

Hong Kong stocks close 1.18% lower

Hong Kong stocks close 1.18% lower Hong Kong stocks fell for three consecutive trading days on Tuesday, ending down 1.18 percent, or 264.44 points, at 22,060.52. The benchmark Hang Seng index opened lower 18.79 points, or 0. 08 percent, at 22,306.17, which was also the day\'s low. It once reached as high as 22,055.02 during the session. Turnover rose to 68.46 billion HK dollars (about 8.84 billion U. S. dollars) from Monday\'s 60.94 billion HK dollars (about 7.87 billion U.S. dollars) . The...

ChiNext stocks up 0.45% Monday

ChiNext stocks up 0.45% Monday The ChiNext rose 0.45 percent on Monday, with 12 out of the 28 shares at China\'s start-up board for small and medium-sized enterprises slumped. The board, which is based in Shenzhen and started trading on Oct 30, 2009, is tailored to the needs of enterprises engaged in independent innovation and other enterprises with great growth potential. ...

Chinese shares up 3.20% Monday

Chinese shares up 3.20% Monday Chinese equities rose 3.20 percent Monday, led by robust securities and agricultural shares. The benchmark Shanghai Composite Index was up 3.20 percent, or 99.04 points, to close at 3,195.30 points. The Shenzhen Component Index gained 4.74 percent, or 610.63 points, to close at 13,486.77 points. Combined turnover shrank to 270.83 billion yuan ($41 billion) from 288.04 billion yuan on the previous trading day. ...

Emerging market IPOs turn hot investor picks

Emerging market IPOs turn hot investor picks Initial public offerings (IPOs) in emerging nations are returning about 15 times more than IPOs in developed countries even as companies from China to Brazil flood the market with more shares than ever. Listings by Longfor Properties Co, Banco Santander (Brasil) SA and Kuala Lumpur-based Maxis Bhd helped raise $39 billion in emerging markets during the three months ending on Monday, data compiled by Bloomberg show. That outstrips the amount sold in...

Mainland share rally seen going on to 2010

Mainland share rally seen going on to 2010 Investors monitor stock price movement at a brokerage in Haikou, Hainan province. The Shanghai Composite Index has rallied 75 percent so far this year.[China Daily] Chinese stocks will rebound from their worst week in three months and keep rising next year as the strengthening economy lures more funds from overseas, Citigroup Inc and Mirae Asset Global Investments Co said. China is on course for a \"long-term, multi-year bubble that\'s not going to...

Hong Kong stocks close up 0.80%

Hong Kong stocks close up 0.80% Hong Kong stocks extended gains from Tuesday tracking gains on Wall Street and moved up 0.80 percent, or 176.42 points, to close at 22,289.57. The benchmark Hang Seng index opened 289.36 points higher, or 1.31 percent, at 22,402.51 on Wednesday. It moved between 22,439.36 and 22,266.69 during the day\'s trading, with turnover going up to 77.90 billion HK dollars (about 10.06 billion U.S. dollars) from Tuesday\'s 74.90 billion HK dollars (about 9.67 billion U....

Equities edge up led by banks, insurers

Equities edge up led by banks, insurers Mainland stocks rose, led by banks and insurers, after the nation\'s growth rate accelerated to the quickest pace since 2007 in the fourth quarter. The Shanghai Composite Index rose 7.01, or 0.2 percent, to 3158.86 at the close, erasing a 0.8 percent loss. The CSI 300 Index gained 0.4 percent to 3408.57. \"China\'s economy has recovered strongly, particularly in the second half,\" Thomas Deng, head of China strategy at Goldman Sachs Group Inc, said....