Ben Kwong

Type: Person
Name: Ben Kwong
First reported Aug 01 2014 - Updated 18 hours ago - 1 reports

China Shipbuilder Rongsheng Sees Wider Loss on Weak Orders

(Adds comment from analyst in fourth paragraph.)Aug. 1 (Bloomberg) -- China Rongsheng Heavy Industries Group Holdings Ltd., the country’s second-largest private shipbuilder, said it expects losses in the first half to widen after customers canceling orders ... [Published Washington Post - Aug 01 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

China's stock markets rally sharply, sustainability uncertain

* Shanghai index rises 7 pct in eight days, highest since Dec 2013* Some see sustainable rally on positive economic data, bargain-hunting* Risk that rally is based on liquidity and housing easing* Hong Kong-Shanghai stock connector scheme should boost ... [Published CNBC - Jul 31 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 2 reports

Asia stocks reach 3-year peak

SYDNEY - Asian shares touched fresh three-year highs on Tuesday as investors in the region drew encouragement from a rally in Chinese markets, though caution was warranted given the torrent of US economic news still to come this week.Hong Kong's key stock ... [Published China Daily Asia - Jul 29 2014]
Entities: Hong Kong, Stocks, Index, Japan
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Buy More! Buy More!

br />!--[if gte mso 9]><![endif]--> Baltic Dry Index. 743  +04 LIR Gold Target in 2019: $30,000.  Revised due to QE programs. Money, again, has often been a cause of the delusion of the multitudes. Sober nations have all at once become ... [Published London Irvine Report - Jul 29 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

Clear warnings call

In its newly issued corporate regulation newsletter, the watchdog reports that the number of inside information announcements rose by 52 percent to 4,883 as of end-2013 from a year ago.That came after listed firms became statutorily required to announce ... [Published Hong Kong Standard - Jul 09 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

China's real estate downturn threatens growth: economists

HONG KONG -- Efforts by the Chinese government to keep the world's second-largest economy rolling are starting to work, but a real estate price slide may yet derail growth, China-based economists say.Chinese gross domestic product is expected to rise ... [Published Nikkei Asian Review - Jul 04 2014]
First reported Jul 04 2014 - Updated Jul 04 2014 - 1 reports

China shares slip despite property gains, Hong Kong flat

* HSI flat, H-shares +0.4 pct, CSI300 -0.2 pct* China property sector rises again on loosening policy in some cities* Hong Kong retailers suffer after data disappoints(Updates to midday)HONG KONG, July 4 (Reuters) - China shares slipped from two-week ... [Published CNBC - Jul 04 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 1 reports

Stocks defy march fears

Data showing mainland factory activity expanded at the fastest pace since December, along with gains in property and gaming plays, and fund inflows propelled the advance.The HSI rose 1.6 percent to 23,549.62 - its highest since December 10. "Investors ... [Published Hong Kong Standard - Jul 03 2014]
First reported Jun 23 2014 - Updated Jun 23 2014 - 1 reports

Hang Seng Index tumbles 389 points

The local stock market has had its worst day in more than three months.The benchmark Hang Seng Index tumbled 389 points, or 1.7 percent, to close at 22,804, in the biggest fall since late March.The market actually rose almost 200 points in themorning, ... [Published Radio TV Hong Kong - Jun 23 2014]

Quotes

"the recent rally of hong kong and china stock markets is pretty much liquidity driven" said Ben Kwong, director at KGI Asia in Hong Kong
"the recent rally of hong kong and china stock markets is pretty much liquidity-driven due to favorable fund flow. and fund flow is maybe because the two markets remain relatively lagging behind in terms of the valuation and performance" said Ben Kwong, director at KGI Asia in Hong Kong
Friday's slip is "just a consolidation in the a-share market" said Ben Kwong, director at KGI Asia in Hong Kong
...also stepped in forfor the first time since December 2012 to prevent the local currency from rising, as demand rose on commercial activities. "the strength of the hong kong dollar reflects fund flows remain quite favorable for the time being, but we need to see whether this trend will continue" Kwong said. A total of US$2...

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All (10) | News (9) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
China Shipbuilder Rongsheng Sees Wider Loss on ... [Published Washington Post - Aug 01 2014]
China's stock markets rally sharply, sustainabi... [Published CNBC - Jul 31 2014]
Asia stocks reach 3-year peak [Published China Daily Asia - Jul 29 2014]
Buy More! Buy More! [Published London Irvine Report - Jul 29 2014]
Hong Kong, China shares extend winning streak, ... [Published CNBC - Jul 29 2014]
Clear warnings call [Published Hong Kong Standard - Jul 09 2014]
China's real estate downturn threatens growth: ... [Published Nikkei Asian Review - Jul 04 2014]
China shares slip despite property gains, Hong ... [Published CNBC - Jul 04 2014]
Stocks defy march fears [Published Hong Kong Standard - Jul 03 2014]
Hang Seng Index tumbles 389 points [Published Radio TV Hong Kong - Jun 23 2014]
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Buy More! Buy More! [Published London Irvine Report - Jul 29 2014]
br />!--[if gte mso 9]><![endif]--> Baltic Dry Index. 743  +04 LIR Gold Target in 2019: $30,000.  Revised due to QE programs. Money, again, has often been a cause of the delusion of the multitudes. Sober nations have all at once become ...
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