HONG KONG (Thomson Financial) - Hong Kong shares opened higher on Friday as Wall Street's advance and a pullback in oil prices encouraged investors to add more blue chips into their portfolios. U.S. stocks rose for the second straight session on Thursday following a report showing a decline in...
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Hong Kong Stocks Decline, Led by Developers; Hutchison Gains - BloombergMay 15 (Bloomberg) -- Hong Kong's stocks fell, led by property companies on concern the government may change rules on home sales, hurting earnings, and after Goldman Sachs Group Inc. lowered its share-price forecasts for...
Hong Kong stocks advanced modestly Friday after Wall Street gained overnight and Cheung Kong rose on an analyst upgrade. The blue-chip Hang Seng Index climbed 105.15 points, or 0.4 percent, to 25,618.86. For the week, the index gained 2.2 percent. Investors may tread carefully in coming days,...
Sydney, Hong Kong Gains Nudge Asia Higher |Published: May 16, 2008 6:34 AM By V. Phani Kumar Shares of BHP Billiton jumped Friday to push Australian equity indexes into the positive territory for the day as well as the week, after local media reported that China has approached an Australian fund...