Bursa Alert
Global Market
NewsHong Kong shares rebound, Hutchison at highest close in nearly 6 years
Page 1 of 1
Hong Kong shares rebound, Hutchison at highest close in nearly 6 years
by Cals Wed 02 Oct 2013, 16:49
Hong Kong shares rebound, Hutchison at highest close in nearly 6 years
Business & Markets 2013
Written by Reuters
Wednesday, 02 October 2013 16:19
HONG KONG (Oct 2): Hong Kong shares rebounded off a three-week low on Wednesday, led by Hutchison Whampoa after local media reported the ports-to-telecoms conglomerate may spin off its Watsons health and beauty retail unit through an initial public offering.
The Hang Seng Index, which closed on Monday at its lowest since Sept. 9, ended up 0.6 percent at 22,984.5 points. The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.2 percent.
Hong Kong markets were shut on Tuesday for China's National Day holiday. The mainland's markets will remain closed until next Tuesday.
Hutchison Whampoa jumped 3.3 percent to HK$95.95 its highest closing level since Nov. 1, 2007 after the Hong Kong Economic Times reported that it may have an IPO for Watsons in the next 12 to 18 months. - Reuters
Business & Markets 2013
Written by Reuters
Wednesday, 02 October 2013 16:19
HONG KONG (Oct 2): Hong Kong shares rebounded off a three-week low on Wednesday, led by Hutchison Whampoa after local media reported the ports-to-telecoms conglomerate may spin off its Watsons health and beauty retail unit through an initial public offering.
The Hang Seng Index, which closed on Monday at its lowest since Sept. 9, ended up 0.6 percent at 22,984.5 points. The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.2 percent.
Hong Kong markets were shut on Tuesday for China's National Day holiday. The mainland's markets will remain closed until next Tuesday.
Hutchison Whampoa jumped 3.3 percent to HK$95.95 its highest closing level since Nov. 1, 2007 after the Hong Kong Economic Times reported that it may have an IPO for Watsons in the next 12 to 18 months. - Reuters
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Hong Kong shares in tepid rebound from 4-week low, China flat
» Hong Kong shares suffer biggest fall in 3 years on Greek crisis fears
» Hong Kong shares close down 1.1 % in worst loss in a week
» Hong Kong shares close down 0.5 pct in 4th straight daily loss
» Hong Kong shares close up 0.2 pct, Tencent at record closing high
» Hong Kong shares suffer biggest fall in 3 years on Greek crisis fears
» Hong Kong shares close down 1.1 % in worst loss in a week
» Hong Kong shares close down 0.5 pct in 4th straight daily loss
» Hong Kong shares close up 0.2 pct, Tencent at record closing high
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum