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| Hang Seng Advanced 1.4%; China Tianrui IPO Soared 26% |
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| 6:49 AM ET December 23 2011 |
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Stocks in Hong Kong closed higher and retained the positive bias in the last three days. The Hang Seng index increased 1.4% and for the week declined 1.9%. The cement maker China Tianrui soared 26% on its first day of trading. |
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| Asian Markets Drop 2% on U.S. Jobs Report |
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| 11:03 AM ET September 05 2011 |
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Asian markets slid following the weak U.S. employment report. The market index in Korea led the region with a loss of 4% and the index in Hong Kong fell 3%. The indexes in Shanghai, Australia and Taiwan dropped more than 2% and in India declined 0.6%. |
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| Shanghai Stocks Rebound; Hui Xian IPO Drops 8% |
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| 7:58 AM ET April 29 2011 |
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Stocks in Shanghai rebounded after falling for four days in a row on the prospect of higher inflation. For the week, the benchmark index dropped 3.3% in Shanghai. The Hang Seng index declined. Hui Xian Real Estate Investment Trust declined 7.8% on the first day of trading. |
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| China's Economy Expands 9.7%, March Inflation Accelerates to 5.4% |
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| 7:04 AM ET April 15 2011 |
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China reported faster than expected economic expansion in the first quarter and inflation gained in March to 5.4%, a month after Lunar Year holiday. Steelmakers and banks closed higher but Angang Steel plunged 5% after it estimated earnings fall of 95% in the first quarter. |
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| Hong Kong Property Prices Reach 1997 Peak; China Inflation Worries |
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| 10:37 AM ET April 14 2011 |
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Stocks in Hong Kong and Shanghai rested ahead of inflation data tomorrow. A surge in inflation in March is expected to surpass 5% increase, ahead of government target. Hong Kong residential prices cross the previous peak in 1997 on low interest rates. |
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| Hang Seng Drops 1.3%, Shanghai Eases Ahead of Inflation, GDP Release |
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| 9:30 AM ET April 12 2011 |
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Stocks in Shanghai and Hong Kong declined on the worries that inflation may overshoot government target for the second month in a row. China is scheduled to release GDP and inflation data this week. Banks and real estate developers declined and steelmakers gained on earnings expectations. |
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| Hang Seng Surges 1.7%, Shanghai Up on Energy Stocks |
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| 6:32 AM ET March 21 2011 |
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Stocks in Hong Kong and Shanghai increased after investors shrugged off the latest bank reserve tightening. China energy stocks gained after crude oil prices increased. Kweichow Moutai Co, China’s largest liquor maker said 2010 net rose 17%. |
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| China Retail Sales Increase 15.8%; Inflation at 4.9%; Hang Seng Drops 1.6% |
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| 6:14 AM ET March 11 2011 |
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Stocks in Shanghai extended Japan losses after a massive earthquake hit northeastern Japan. Consumer price inflation in China increased 4.9% in February and industrial production in two-months to February rose 14.1% and retail sales growth declined to 15.8%. |
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| Shanghai Drops 1.5% on China Trade Deficit; Auto Sales Rise 2.9% |
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| 6:27 AM ET March 10 2011 |
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Stocks in Shanghai fell after China reported its first monthly trade deficit in nearly a year as imports rose at a faster pace than exports. For the two months to February China slipped into a deficit. Automakers declined after February auto sales rose 2.9% from a year ago. |
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| Stocks in Shanghai, Hong Kong Edge Higher; Cathay Pacific Net Triples |
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| 6:33 AM ET March 09 2011 |
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Stocks in Shanghai were flat and investors focused on domestic issues. The policy makers are expected to announce more measures to curb property speculation and facilitate the sale of affordable homes. Hong Kong index increased as banks gained. |
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