Jewellery retailer Hong Kong Fook Tai Holdings is seeking an IPO on the growth enterprises market board with the aim of opening more retail stores and improving brand recognition. Fook Tai runs seven retail shops under the Fook Tai Jewellery brand in Hong…
Stocks in China and Hong Kong fell early on Tuesday, tracking losses on Wall Street, where concerns over increased regulation of large technology companies led to shares of Facebook plunging overnight. ** Facebook shares tumbled 6.8 percent as Chief Executive…
Stock indexes finished mostly higher after a day of bouncing around Tuesday as retailers, energy companies and banks recovered some of their losses from the day before, but technology companies struggled as Facebook dropped again. Amazon led a rally among…
Vietnamese shares reached decade-highs and topped Asia-Pacific with the highest price gains in November, bolstered by rising foreign interest during the month. Foreigners were net buyers of about $500 million of shares in the country’s stock market in…
HSBC has introduced a new stock trading mobile app for both Android and iOS to help Hong Kong customers more easily trade Hong Kong, China A and US stocks. The HSBC HK Easy Invest standalone stock trading app includes new features including a one-screen quick…
Investors have been spending big on the stock market so far this year. Ho Chi Minh City’s VN-Index broke the 800-point barrier on Friday for the first time since February 2008. The index finished up 4.48 percent at 801.5 points. Growth was driven by blue…
Foreign tide has finally returned to Bursa Malaysia after three successive weeks of attrition, albeit only marginally. Foreigners turned net buyers last week despite the short trading week, according to MIDF Research in its weekly fund flow report today.…
MSCI’s decision has been closely watched as a sign of China’s growing importance on international financial markets. China on Wednesday hailed the acceptance of its stocks in a leading U.S.-based index of emerging market shares as a signal of confidence in…
The Indonesia Stock Exchange (IDX) will close on the simultaneous regional election day, February 15, 2017, the IDX website page stated. Earlier, Vice President Jusuf Kalla had asked Indonesians to use their voting rights and vote for credible candidates to…
There are too many uncertainties ahead to know whether it will continue or crumble, economists say. The world economy has begun the year in fine form. America is cruising along, China is growing faster than expected, Britain is muffling the Brexit downdraft.…
Asian shares slipped on Tuesday as stringent curbs on travel to the United States ordered by President Donald Trump brought home to investors that he is serious about carrying out his controversial campaign pledges. Global stocks posted their biggest loss in…
Malaysian shares edged higher Friday, as investors cheered Prime Minister Najib Razak’s resolve to narrow the budget deficit next year. Najib, who pledged to hand out cash aids and push for infrastructure development to stoke growth in an uncertain global…
The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) today have given in-principle the approval of the structure of the proposed Shenzhen-Hong Kong Stock Connect. The project will provide mutual stock market access…
Shares of Sa Sa International are up 27% in the past month as Chinese tourist arrivals to Hong Kong showed signs of a recovery – but it may not yet be time to put the marked down cosmetics retailer in the shopping basket. Once a market darling, Sa Sa has…
Mary Buffett, the former daughter-in-law of famed investor Warren Buffett, helped launch Jitta.com last week, a platform aimed at retail stock investors in Thailand’s capital. Ms. Buffett brings the Buffett know-how to Bangkok to appeal to investors hoping to…
Shares on Bursa Malaysia are expected to trade higher next week, supported by positive domestic and regional sentiments. Affin Hwang Investment Bank vice-president/head of retail research Datuk Dr Nazri Khan Adam Khan said market has been on an upward trend…