Ben Kwong

Type: Person
Name: Ben Kwong
First reported Apr 03 2014 - Updated Apr 03 2014 - 1 reports

Yuan won't stay down for long: economists

HONG KONG -- Economists see China's currency gaining strength as the year goes on and are divided over the country's ability to reach 7.5% economic growth.The yuan will trade at 6.0487 to the dollar at the end of 2014, compared with more than 6.2 now, ... [Published Nikkei Asian Review - Apr 03 2014]
First reported Apr 02 2014 - Updated Apr 03 2014 - 1 reports

China, HK shares up as property stocks spike on report ownership rules to be eased

HSI +0.4 pct, H-shares -0.5 pct, CSI300 +0.6 pct Property sub-index at highest since December 16 SHANGHAI, April 2 (Reuters) - Mainland and Hong Kong property shares surged on Wednesday pushing local indexes into positive territory, after state media ... [Published CNBC - Apr 02 2014]
First reported Mar 28 2014 - Updated Mar 28 2014 - 1 reports

As China lists big businesses in Hong Kong, some investors query reform credentials

* CITIC Pacific shares fall amid CITIC asset deal scepticism * Deal will boost state-run parent's control in near term * More 'essential' state-owned enterprise reforms urged By Denny Thomas and Matthew Miller HONG KONG/BEIJING, March 28 (Reuters) - China's ... [Published Sharenet - Mar 28 2014]
First reported Mar 28 2014 - Updated Mar 28 2014 - 1 reports

Good bank earnings lift Hong Kong shares, China edges up

* HSI +1.3 pct, HSCE +1.6 pct, CSI 300 +0.4 * ICBC helps with better-than-expected Q4 profit By Natalie Thomas and Alice Woodhouse SHANGHAI/HONG KONG, March 28 (Reuters) - Hong Kong shares produced a solid gain early Friday, lifted by the financial sector ... [Published Sharenet - Mar 28 2014]
Entities: Hong Kong, Index, Shanghai, China
First reported Mar 27 2014 - Updated Mar 27 2014 - 1 reports

Citic 'listing' seen as sign of state-sector reform in China

HONG KONG -- Shares in Hong Kong-listed Citic Pacific leapt Thursday on news that it will buy nearly all of state-owned parent Citic Group, China's biggest conglomerate, a move viewed as a sign of progress on privatization.In what will amount to a listing ... [Published Nikkei Asian Review - Mar 27 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 1 reports

Emerging Stocks Rise as Samsung Rally Counters Internet Slump

Emerging-market stocks rose for afifth day as a rally in Samsung Electronics Co. and CiticPacific Ltd. overshadowed a slump in Internet shares.Samsung posted its largest two-day gain since July 2012 inSeoul after Societe Generale SA upgraded the stock ... [Published Bloomberg - Mar 27 2014]
First reported Mar 20 2014 - Updated Mar 20 2014 - 1 reports

Hong Kong's mainland stock index declines 20 pct since early Dec

HONG KONG, March 20 (Reuters) - A Hong Kong stock market index tracking mainland enterprises has fallen more than 20 percent since the start of December, far outpacing a drop in the broader benchmark and signaling that investors are worried about the ... [Published CNBC - Mar 20 2014]
First reported Mar 20 2014 - Updated Mar 20 2014 - 1 reports

Hong Kong shares fall on Fed rate-rise signal, China stocks edge up

HSI -1.1 pct, H-shares -1.2 pct, CSI300 +0.3 pct Rebound in China property on private placement approval China railway stocks rise on construction plans HONG KONG/SHANGHAI, March 20 (Reuters) - Hong Kong shares, tracking overseas weakness, fell on Thursday ... [Published CNBC - Mar 20 2014]
First reported Mar 14 2014 - Updated Mar 14 2014 - 2 reports

Tencent drags Hong Kong, China shares after central bank halts some mobile payments

HONG KONG/SHANGHAI: Hong Kong shares fell on Friday, dragged down by index heavyweight Tencent Holdings Ltd after the Chinese central bank called for a halt to certain types of mobile payments, causing a slide in online-payment-related stocks in Chin ... [Published Economic Times - Mar 14 2014]

Quotes

"today we have seen profit taking pressure on chinese banking stocks, as previously those stocks benefited from the new policy of allowing them to issue preferred shares" said Ben Kwong, chief operating officer of regional brokerage KGI Asia
...1 percent in Shanghai after the bank announced higher-than-expected net profit growth in the fourth quarter at 7.9 percent. [ID: nL4N0MO275] "short-term, the market movement will still be pretty much sideways, pending more news" said Ben Kwong, Hong Kong-based chief operating officer of stockbroker KGI Asia...
"tencent itself is a news-driven stock and people got used to seeing the shares jump lately due to its frequent expansion moves. investors were nervous because of the report and locked in profit after the recent rally, in particular ahead of its earnings next week" said Ben Kwong, chief operating officer at KGI Asia

More Content

All (10) | News (10) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Yuan won't stay down for long: economists [Published Nikkei Asian Review - Apr 03 2014]
China, HK shares up as property stocks spike on... [Published CNBC - Apr 02 2014]
As China lists big businesses in Hong Kong, som... [Published Sharenet - Mar 28 2014]
Good bank earnings lift Hong Kong shares, China... [Published Sharenet - Mar 28 2014]
Citic 'listing' seen as sign of state-sector re... [Published Nikkei Asian Review - Mar 27 2014]
Emerging Stocks Rise as Samsung Rally Counters ... [Published Bloomberg - Mar 27 2014]
Hong Kong's mainland stock index declines 20 pc... [Published CNBC - Mar 20 2014]
Hong Kong shares fall on Fed rate-rise signal, ... [Published CNBC - Mar 20 2014]
Tencent drags Hong Kong, China shares after cen... [Published Economic Times - Mar 14 2014]
Tencent drags Hong Kong, China shares after c.b... [Published CNBC - Mar 14 2014]
1
Content Volume
Document Volume
Network
Network
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.