Description
Added on the 17/11/2015 12:39:51 - Copyright : Reuters EN
A Hong Kong based survey of asset managers shows that major hurdles are keeping investors from buying into a scheme developed to provide cross border trading between the two financial centers. Pamela Ambler reports.
A scheme to link two of Asia's biggest stock markets started trade on Monday, with officials raising a toast to what could be a landmark event for the opening of China's capital markets. Tara Joseph reports.
The Hong Kong-Shanghai stock connect may be a major breakthrough for capital markets in China, but a host of restrictions will continue to challenge the milestone plan, says Peter Thal Larsen.
Shenzhen/Beijing, Oct 4 (EFE/EPA).- The indebted Chinese real estate giant Evergrande said Monday it had suspended trading of its securities listed on the Hong Kong Stock Exchange, without offering further details on the matter.The group reported this suspension, which also affects "all structured products related to the company," in a statement issued through the Hong Kong stock market, which returned to activity Monday after a three-day hiatus.The company climbed 15 percent on the stock market Wednesday after announcing the sale of a large part of its shares in a bank to a state company and after the debt rating agency Fitch lowered the rating of the group's long-term debt due to the uncertainty about its offshore bonds. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF THE EVERGRANDE GROUP HEADQUARTERS BUILDING IN SHENZHEN, GUANGDONG PROVINCE; AND THE EVERGRANDE CITY PLAZA IN BEIJING, CHINA.
Hong Kong, Oct 4 (EFE/EPA).- The indebted Chinese real estate giant Evergrande said Monday it had suspended trading of its securities listed on the Hong Kong Stock Exchange, without offering further details on the matter.The group reported this suspension, which also affects "all structured products related to the company," in a statement issued through the Hong Kong stock market, which returned to activity Monday after a three-day hiatus.The company climbed 15 percent on the stock market Wednesday after announcing the sale of a large part of its shares in a bank to a state company and after the debt rating agency Fitch lowered the rating of the group's long-term debt due to the uncertainty about its offshore bonds. (Camera: JEROME FAVRE). SHOT LIST: PEDESTRIANS WALK PAST A STOCK TICKER OUTSIDE EXCHANGE SQUARE, THE BUILDING HOUSING THE HONG KONG STOCK EXCHANGE, IN HONG KONG.