Stock market rally may be running dry in Hong Kong
Article Abstract:
The stock market rally in Hong Kong seems to be waning as the benchmark Hang Seng Index closed at 9,224.36 points on Jun. 23, 1995, 3.6% lower than its highest performance in May 1995. Despite the seeming decline in investor enthusiasm, however, activity in the Hong Kong stock market continues to be 12.6% higher than in 1994. Nevertheless, S.G. Warburg Securities Asia Ltd. and Jardine Fleming Securities Ltd.'s efforts to discourage investors from continuing to invest in the stock market only bolstered assessments that the stock rally may be over.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Hong Kong's stock rally is fueled by 'hot' cash, cautious pros say
Article Abstract:
Hong Kong's stock market has experienced a massive surge during the middle of Oct. 1996 which helped propel a 13% increase in the Hang Seng Index. However, some analysts warned that the surge could be short-lived since it is fueled by favorable forecasts in US interest rates and is largely isolated among a handful of big stocks. Several observers noted that the sustainability of the surge will depend on China's investment in Hong Kong.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Hong Kong to strengthen corporate disclosure laws
Article Abstract:
Stock Exchange of Hong Kong Ltd. and the Securities and Futures Commission have proposed several new measures regarding corporate directors' disclosure of their past criminal records. The new proposals call for the explicit disclosure of crimes relating to fraud, dishonesty or corruption and prison sentences of more than six months. They are aimed at boosting investors' confidence in the stock market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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