Issue: May 03, 2012 (Archive)

Saturday, May 25, 2013

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Repulse Bay plot fails to meet hype
A Repulse Bay residential site belied forecasts of a new SAR record for price per buildable square foot, settling for the lower end of market estimates instead.

Opening time for investors to make rail booking
China City Railway Transportation (8240) opens its retail book today, requiring a minimum investment of about HK$5,000 for one board lot of shares.

Hutch fires shots in 4G mobile price war
Hutchison Telecom Hong Kong (0215) seems to have embarked on a price war against rival mobile carriers with the launch yesterday of its fourth-generation, or 4G, service plans.

Temasek sells $9.3b stakes in China lenders
Temasek Holdings is selling stakes worth HK$9.33 billion each in the Bank of China (3988) and China Construction Bank (0939), Bloomberg reported.

New capital rules put on hold
Beijing will postpone the implementation of a stricter capital asset ratio requirement for banks until the end of the year, giving lenders more time to better equip themselves.

Investors ignoring the warning signs
Investors must have turned a deaf ear to a bundle of analyst recommendations to reduce their portfolio this month.

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