HONG KONG (XFN-ASIA) - China Construction Bank was lower after news that an institutional shareholder is selling 408.5 mln Hong Kong-listed shares of the bank in a placement deal. At 10:04 am, the stock was trading down 0.16 hkd or 2.21 pct at 7.06 while the Hang Seng index was up 115.22 points...
HONG KONG (XFN-ASIA) - Share prices closed higher supported by PetroChina, on a report that it may benefit from a government tax measure, and Cheung Kong, which surged following a broker's upgrade. Dealers said the market was also supported by interest in select large-caps, including HSBC and...
HONG KONG (XFN-ASIA) - China Construction Bank fell over 2 pct after an unidentified institutional shareholder agreed to sell 408.5 mln H-shares of the bank at 7.05-7.10 hkd per share via a placement. Artini China, a Hong Kong-based fashion accessories supplier, fell below its initial public...
HONG KONG (XFN-ASIA) - Share prices finished the morning higher, taking their cue from Wall Street's continued rally overnight after oil prices pulled back from their highs and some economic data came in better than expected. Select large caps including HSBC, China Mobile and PetroChina...
HONG KONG (XFN-ASIA) - China Construction Bank was down after an unidentified institutional shareholder agreed to sell 408.5 mln H-shares of the bank at 7.05-7.10 hkd per share via a placement. Sun Hung Kai Properties also came under selling pressure after chairman and CEO Walter Kwok obtained an...
HONG KONG (XFN-ASIA) - An institutional shareholder of China Construction Bank has agreed to sell 408.5 mln Hong Kong-listed shares of the company at 7.05-7.10 hkd per share in a placement deal, according to a term sheet. Based on the price range, the shareholder could raise up to 2.9 bln hkd....