Archive for December 7th, 2016

VN Index down to 650 points

07-Dec-2016 Intellasia | Vneconomictimes | 4:09 PM

All indexes on Vietnam’s stock market closed lower on December 6. On HSX the VN Index decreased by 8.72 points (1.32 per cent) and the VN30-Index decreased by 9.06 [...]
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Sabeco listing fails to lift market

07-Dec-2016 Intellasia | | 4:08 PM

Saigon Beer Alcohol Beverage Corporation (Sabeco) hit the daily limit rise of 20 percent on its first trading day on the main bourse in HCM City on December 6 but this was [...]
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Business Briefs December 07

07-Dec-2016 Intellasia | | 4:08 PM

* Vietnam Pesticide Company (VPS) has issued 6.9 million shares to increase its equity, sending its total outstanding volume rising to 24.4 million shares. The new shares [...]
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Indonesia Earthquake Kills at Least 54 People

Indonesia Earthquake Kills at Least 54 People

07-Dec-2016 Intellasia | WSJ | 2:30 PM

A strong undersea quake has rocked Aceh province, collapsing buildings and sparking rescue efforts A strong undersea earthquake rocked Indonesia’s Aceh province early [...]
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Asia Should Wrap Up China-Led Trade Talks Quickly: ADB

07-Dec-2016 Intellasia | Bloomberg | 6:00 AM

The death knell sounding for a US-led Pacific trade pact creates a vacuum that a separate Asia deal being championed by China should quickly fill, according to the Asian [...]
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Asian stocks recover after Italy-fuelled sell-off

07-Dec-2016 Intellasia | AFP | 6:00 AM

Most Asian stocks rallied while the euro held up and high-yielding currencies rebounded on Tuesday as investors rediscovered their appetite for risk after the previous [...]
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Asian stocks climb on strong Dow close, US service report

07-Dec-2016 Intellasia | AP | 6:00 AM

Asian stocks rose Tuesday following another record day on Wall Street as investor optimism bounced back quickly after the Italian referendum. KEEPING SCORE: Japan’s [...]
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Asian stocks post biggest daily gain in two weeks

07-Dec-2016 Intellasia | Reuters | 6:00 AM

Asian stocks posted their biggest rise in two weeks on Tuesday and the euro steadied as investors judged the selloff after Italy’s referendum to be overdone, with [...]
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HSBC’s pro-LGBT rainbow lions draw ire of HK family groups

07-Dec-2016 Intellasia | SCMP | 6:00 AM

Activists claim statues in support of sexual minorities offend customers and shareholders Activists have accused HSBC of trampling on the family values of Hongkongers by [...]
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HK Stocks Gain on Italy Optimism; Shenzhen Trading Slows

07-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Hong Kong stocks climbed, with the benchmark index poised for its steepest gain in two weeks, as Asian investors joined global counterparts in shrugging off the defeat of [...]
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HKEX CEO Sees Potential for IPO, Bond Connects With Mainland

07-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Hong Kong’s second stock-trading connect with the mainland may be followed by links for initial public offerings, bonds and commodities, said Charles Li, chief [...]
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Shenzhen-HK Stock Connect will benefit institutional investors: Experts

07-Dec-2016 Intellasia | CNBC | 6:00 AM

Institutional investors will be the key beneficiaries of the Shenzhen-Hong Kong Stock Connect, as they leverage on the gap between share prices on the exchanges, experts said [...]
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‘They want us to be silent’: HK lawmaker under threat vows to fight

‘They want us to be silent’: HK lawmaker under threat vows to fight

07-Dec-2016 Intellasia | CNN | 6:00 AM

One of the leaders of the 2014 Umbrella Movement has vowed to take to the streets again if the Hong Kong government succeeds in unseating him and three other pro-democracy [...]
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New stock link widens access to China’s Nasdaq

07-Dec-2016 Intellasia | AP | 6:00 AM

Trading began Monday on a new cross-border stock link between Hong Kong and the neighbouring Chinese city of Shenzhen, widening access to China’s markets for global [...]
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HK PMI remains in contractionary mode

07-Dec-2016 Intellasia | Marketwatch | 6:00 AM

The Nikkei Hong Kong Purchasing managers Index rose slightly to 49.5 in November from 48.2 in October, but remains in contractionary mode, indicating a further deterioration [...]
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