Hong Kong Stocks Decline; Bank of China, Zijin Mining Drop
Bloomberg - Mon Nov 23, 11:26 pm ETNov. 24 (Bloomberg) -- Hong Kong stocks fell, led by mainland banks, on concern China will raise their capital adequacy requirements. Bank of China Ltd.
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Nov. 24 (Bloomberg) -- Hong Kong stocks fell, led by mainland banks, on concern China will raise their capital adequacy requirements. Bank of China Ltd.
Hong Kong Shares Dragged Down By China Banks
Nov. 24 (Bloomberg) -- Bank of China Ltd., the nation’s third-largest lender, fell 1 percent in Hong Kong premarket trading. The stock fell to HK$4.76 as of 9:50 a.m. local time.
Beijing on Monday criticized a U.S. government report that said Chinese spies are aggressively stealing American secrets, saying the report was "full of prejudice" and warning that it could damage US-China relations.
Nov. 23 (Bloomberg) -- Hong Kong stocks advanced for the first time in five days after the head of China’s top economic planning agency pledged to maintain “consistent, stable” policies to boost growth.
A mainland Chinese brokerage agreed to buy a Hong Kong securities firm.
Asian stock markets were mostly lower Tuesday despite gains on Wall Street as China's warning to banks to control lending dragged down financial stocks in Hong Kong.
China will send two giant pandas to an Australian zoo this Friday as part of a joint research program.
China on Tuesday executed two people for their roles in a tainted milk powder scandal in which at least six children died and more than 300,000 became sick.
After years of borrowing designs from around the world, China is returning to its architectural roots and hopes to pump up domestic tourism.
After years of borrowing designs from all over the globe, China's restoration projects take on a more traditional look in an effort to boost domestic tourism.
The United States Monday praised Beijing for "taking toy safety seriously" two years after millions of made-in-China toys had to be recalled amid fears they were dangerous.
Nov. 24 (Bloomberg) -- China executed two people for their involvement in the nation’s tainted milk scandal that killed at least six infants, the official Xinhua News Agency reported today, citing the Shijiazhuang Municipal Intermediate People’s Court.
An American billionaire investor, Wilbur L. Ross, plans to buy shares of China Longyuan Power Group, the largest wind power generator in Asia, which aims to raise up to $2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus.
China said Google has probably breached copyright laws by scanning Chinese books for its online library and supported writers to "defend their rights", state media reported Tuesday.
Nov. 23 (Bloomberg) -- China Longyuan Power Group Corp., the nation’s biggest wind power producer, may raise as much as HK$17.5 billion ($2.3 billion) in a Hong Kong initial public offering, said three people familiar with its plan.
China's economic planning agency has formally approved a plan to build a Disney theme park in Shanghai, ensuring the city will have a new showcase attraction after next year's World Expo has wound down.
Nov. 24 (Bloomberg) -- Hang Lung Properties Ltd. , the Hong Kong developer spending $5.2 billion building offices and malls in China, will focus on land already bought and refrain from further “sexy” acquisitions, Chairman Ronnie Chan said.
Nov. 24 (Bloomberg) -- China Agri-Industries Holdings Ltd. climbed to a record in Hong Kong trading after Goldman Sachs Group Inc. boosted its investment rating on the oilseed processor, citing the outlook for higher earnings.
China, a massive consumer of fossil fuels and coal in particular, is trying to modernise its mines by containing emissions of methane and turning the toxic gas into a source of much-needed energy.
A veteran dissident was sentenced to three years in prison after casting a spotlight on poorly built schools that collapsed and killed thousands of children during China's massive earthquake last year — an apparent government attempt to squelch such information.