UPDATE 1-Hong Kong investigates HSBC other banks for inappropriate market conduct

Reuters - Tuesday 18th June, 2013

Tue Jun 18, 2013 6:28am EDT (Adds HSBC comment, background on rate investigations) June 18 (Reuters) - Hong Kong's de facto central bank said on Tuesday that its investigation into possible benchmark rate manipulation has been extended to include HSBC and a number of other banks. The Hong Kong Monetary Authority (HKMA) announced in December that it was investigating UBS about possible ...

Hang Seng closes flat

The Standard - Tuesday 18th June, 2013

(45 mins ago) Stocks in Hong Kong ended flat in cautious trade as investors wait to see what the US Federal Reserve's plans are for its stimulus scheme. The benchmark Hang Seng Index edged down 0.02 points to 21,225.88 on turnover of HK$59.00 ...

Asia Markets Japan Australia stocks slip before Fed meet

Market Watch - Tuesday 18th June, 2013

HONG KONG (MarketWatch) -- Stocks in Japan and Hong Kong ended with small losses after a choppy trading session Tuesday, as investors pondered whether the U.S. Federal Reserve will maintain its monthly bond ...

Hong Kong shares flat cash shortage caps China gains

Reuters - Tuesday 18th June, 2013

Tue Jun 18, 2013 4:48am EDT * HSI flat, H-shares -0.1 pct, CSI300 +0.6 pct * 'Big Four' China banks lackluster despite higher state stakes * China property H-shares slide after home-price data * Macau casino sector jumps on prelim gambling revenue By Clement Tan HONG KONG, June 18 (Reuters) - Hong Kong shares ended little changed after two days of gains with investors selling recent ...

Alert issued on bogus email

news.gov.hk - Tuesday 18th June, 2013

invoice@hkma.gov.hk .The authority has clarified that it has no connection with the fraudulent emails.The case has been reported to Police.Anyone who has received the email should call Police on 2860 ...

Hong Kongs Li purchases Dutch waste company for 944 mil. euros

The China Post - Tuesday 18th June, 2013

A group of Li's companies including Cheung Kong Infrastructure said Monday they were buying AVR-Afvalverwerking BV. Li's companies said they were buying the company because it represents a "compelling long-term investment opportunity for the consortium." Van Gansewinkel Groep, which is selling the company, said the deal would close in the third quarter of 2013. The deal still ...

Poll backs Gov’t housing policy CE

news.gov.hk - Tuesday 18th June, 2013

Chief Executive CY Leung says a recent survey has shown Hong Kong people support a development project such as the planned North East New Territories New Development Area.Speaking to the media today, Mr Leung said Chinese University yesterday unveiled a survey on people's opinion of Hong Kong's land supply.He said about 80% of respondents believe Hong Kong has a land-supply shortage ...

Hong Kong investigates Snowdens NSA hacking claims

General Sources - Tuesday 18th June, 2013

Protesters rally in Hong Kong to support Snowden: Hundreds of protesters stage a rally in rain-hit Hong Kong to urge the city's government not to extradite former spy Edward Snowden, and slam the US for its surveillance ...

HK dissidents dream refuge

General Sources - Tuesday 18th June, 2013

Whistleblower Edward Snowden explained his decision to leak sensitive secrets and seek refuge in Hong Kong because, in his words, this city "has a strong tradition of free speech" and "a long tradition of protesting in the streets". He said he would leave his fate to be decided by the people of Hong Kong. Some would consider this as "youthful naivete or sheer ...

Hang Seng down by break

The Standard - Tuesday 18th June, 2013

(40 mins ago) Hong Kong stocks slipped 0.64 percent by the end of morning trade as profit-takers moved in after a healthy rally in the previous session. The benchmark Hang Seng Index fell 135.81 points to 21,090.09 on turnover of HK$33.26 ...

Passengers aboard flight from Hong Kong to New Jersey bound paranoid mans hands feet after poison claims

The Province - Monday 17th June, 2013

A battle is brewing between the federal government and the Canadian Automobile Dealers Association over the issue of making fuel economy labels on new vehicles ...

Hong Kong Stocks Drop on China Housing GCL-Poly Plunges

General Sources - Monday 17th June, 2013

home prices will limit the scope for monetary easing. GCL-Poly Energy Holdings Ltd. plunged after a unit of China's sovereign-wealth fund agreed to sell a stake in the company. GCL-Poly sank 12 percent after Chengdong Investment Corp. offered 1.2 billion shares in the largest maker of materials used in solar ...

Hang Seng dips Shanghai edges up

The Standard - Monday 17th June, 2013

(1 hr 1 min ago) Stocks in Hong Kong opened 0.74 percent lower as investors awaited a Federal Reserve meeting for clues on whether it will soon start to reel in its massive stimulus spending. The benchmark Hang Seng Index fell 156.54 points to 21,069.36 in the first minutes of trade. In Shanghai shares were up slightly in early trading, lifted by overnight gains in US stocks, dealers said. The ...

Hong Kong stocks off as China banks property down

Market Watch - Monday 17th June, 2013

HONG KONG (MarketWatch) -- Hong Kong stocks on Tuesday pulled back after a two-day rally amid uncertainty over the pace of the U.S. Federal Reserve's bond purchases, with Chinese property developers dropping after another strong monthly increase in home prices on the mainland. The Hang Seng ...

Man Involved in Hong Kong Assault Had Ties to Communist Front Group

The Epoch Times - Monday 17th June, 2013

A man suspected of beating an elderly man with a chair was ordered into a Hong Kong prison on Monday. Prior to that, he admitted that he was working under the aegis of the Hong Kong Youth Care Association, a front group associated with an extralegal agency run by the Chinese Communist Party. Guan Ziang, 39, was charged for being one of four men to assault a 53-year-old Mr. Chen on June 6, when ...

Hong Kongs Hang Seng Index down 0.5 early but Shanghai Composite up 0.2

General Sources - Monday 17th June, 2013

HONG KONG (MarketWatch) -- Hong Kong stocks on Tuesday pulled back after a two-day rally amid uncertainty over the pace of the U.S. Federal Reserve's bond purchases, with Chinese property developers dropping after another strong monthly increase in home prices on ...

Hong Kong shares to open down 0.6 pct GCL-Poly Energy plunges

Reuters - Monday 17th June, 2013

HONG KONG, June 18 | Mon Jun 17, 2013 9:25pm EDT HONG KONG, June 18 (Reuters) - Hong Kong shares were poised to start lower on Tuesday, with GCL-Poly Energy Holdings diving 11.4 percent, more than the 9.1 percent discount from its Monday close on news that a substantial shareholder priced a stake sale. The Hang Seng Index was set to open down 0.6 percent at 21,102.6 points. The China ...

China says US should explain surveillance claims

General Sources - Monday 17th June, 2013

indicating whether or not the specified user agent represents a smart phone. * If any of the regular expressions are updated then they should be updated in ...

China Securities Finance Holding Company Limited Commences Operation in Hong Kong

General Sources - Monday 17th June, 2013

Aims to Enter Global Capital MarketsActively Strives for International Growth Hong Kong, June 17, 2013 - (ACN Newswire) - China Securities (International) Finance Holding Company Limited ("CSCI" or the "Company") has announced the commencement of its operations in Hong Kong. The occasion was marked by a grand opening ceremony and a celebration cocktail reception at Exchange ...