Company Overview and News
Stop missing out on important events!
Hong Kong’s de facto central bank raises interest rates by 25 basis points, matching the Fed’s overnight hike (1-0)
The Hong Kong stock market is set to kick-off the week on a softer note on Monday, after futures traded lower during the pre-opening session, following a weaker session for US markets on Friday.
Games giant loses US$55 billion in value in less than two weeks, after shares fall 7.41 per cent this week (12-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (160-0)
Cathay Pacific, Hong Kong’s flagship carrier, has lost its status as a component of the city’s benchmark Hang Seng Index, according to the Hang Seng Indexes Company on Friday.
With a market capitalisation of US$12 billion at the end of its market debut day, the Tencent unit is more valuable than famous names like Cathay Pacific and Lenovo
- ExxonMobil's 12-year reign at #1 broken - South Korea holds leaderboard status for 2nd year, after breaking into the elite ranks in 2016 - U.S. shale plays helped buoy pipelines companies (28-0)
The Middle East offers some of the best business opportunities for Chinese oil and gas drilling services providers among regions covered by Beijing’s new Silk Road project, according to the chairman of Petro-King Oilfield Services.
Chairman underlines that a sale to parent PetroChina not guaranteed, with his priority to ‘maximise shareholder value’
Asian markets stumbled early on Friday morning on global uncertainties as investors adopted a wait-and-see mood, despite continued gains in energy stocks.
Hong Kong’s benchmark index has fallen more than 6 per cent since its September peak, as inflows from the mainland dwindled and amid expectations the Federal Reserve will raise interest rates next month. — Reuters picHONG KONG, Nov 24 — Hong Kong stocks slipped, with the benchmark index headed for its biggest drop in more than a week, as property companies and oil firms slid.
Hong Kong stocks have rallied this quarter, buoyed by mainland inflows via an exchange link with Shanghai and as traders scaled back bets for higher US borrowing costs. — Reuters picHONG KONG, Sept 28 — Hong Kong stocks declined, paring a monthly gain, as financial and energy companies slumped.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Kunlun Energy, the natural gas distribution unit of oil and gas giant PetroChina, posted a better than expected interim profit increase, which was boosted by inclusion of the newly acquired city gas distribution unit Kunlun Gas from its parent.
Hong Kong and mainland stocks rose on Thursday morning, with the Hong Kong benchmark setting a fresh high for 2016, bolstered by a rally in US and European markets overnight.