Advertisement
YOU ARE HERE: LAT HomeCollectionsHong Kong Stock Market
IN THE NEWS

Hong Kong Stock Market

FEATURED ARTICLES
BUSINESS
February 16, 1993 | From Times Staff and Wire Reports
Hong Kong Stocks Up Sharply: The Hong Kong stock market gained sharply on reports suggesting that China may soften its opposition to talks with Britain about proposals by Gov. Chris Patten for wider democracy in the colony. The reports, in Chinese newspapers published in Hong Kong, were the first indication that China might drop its call for Patten to withdraw the proposals, published in October, as a precondition for talks. The Hang Seng index rose 191.29 points, or 3.
ARTICLES BY DATE
BUSINESS
November 3, 1997 | Associated Press
Hong Kong's stock market climbed steadily in early trading today, lifted by bargain-hunting and signs of stability on the U.S. market. The blue-chip Hang Seng index opened up 278.14 points, or 2.6%, at 10,901.92. It kept climbing, and by midday was up 5.43%. Singapore's Straits Times index was up even more, 5.9%. Other Asian markets were up by smaller percentages. The Hang Seng's performance brought relief after a two-week roller-coaster ride that saw the index lose 22% of its value.
Advertisement
BUSINESS
October 27, 1997 | From Times Wire Services
Markets across Asia suffered the jitters early today, as traders moved to protect themselves from continued turmoil in Asian currency and equity markets. In early trading in Japan, the Nikkei 225 benchmark stock index fell 272.33 points, or 1.57%, to 17,091.41 amid concern over the impact of last Thursday's plunge in the Hong Kong stock market, which triggered a worldwide stock slump. The Australian dollar slumped badly and Australian stocks fell 3.
BUSINESS
October 27, 1997 | From Times Wire Services
Markets across Asia suffered a serious case of the jitters early today, as traders moved to protect themselves from continued turmoil in Asian currency and equity markets. At midday today, Hong Kong's Hang Seng index was off 586.87 points, or 5.3%, at 10,557.47, Tokyo's Nikkei-225 index was down 333.47 points, or 1.9%, at 17,030.27 and Sydney's key index was off 84 points, or 3.3%, at 2,477.3.
BUSINESS
October 24, 1997 | MICHAEL A. HILTZIK, TIMES STAFF WRITER
Thursday's stock market declines in the United States, coming after sharp falls in the Hong Kong stock market, may be worrisome to U.S. investors fearing that events halfway around the world are exerting a major influence on their own portfolios. Here are some basic questions that American investors might have about how foreign markets affect U.S. stocks and bonds and whether the latest declines presage further trouble. * Q: We're thousands of miles from Hong Kong.
NEWS
May 24, 1989 | From Reuters
Hong Kong's jittery stock market, fueled by rumors from Beijing that hard-line Premier Li Peng might step down, bounced back Tuesday to post its greatest one-day gain since 1986. Buyers snapped up shares dumped Monday in response to fears of bloodshed after the weekend declaration of martial law in Beijing. "Yesterday we had panic selling, today we had panic buying," said Laurence Amerine, research manager at DMT Securities. On Monday, the market tumbled 10.8%, a fall of 339.06 points.
BUSINESS
May 22, 1989 | From Times wire services
The Hong Kong stock market plunged more than 10% today in panic trading linked to the political crisis sweeping neighboring China. The pro-democracy demonstrations reached Hong Kong on Sunday as a million people marched on the streets in support of student protesters in Beijing. The British colony, noted for its freewheeling capitalism, reverts to China's control in 1997 and investors fear a repressive reaction to the student movement. The key Hang Seng Index ended down 339.06, or 10.8%, at 2806.
NEWS
June 6, 1989 | KARL SCHOENBERGER and TYLER MARSHALL, Times Staff Writers
Panic began to spread through financial markets in this British colony Monday as residents reacted to the weekend bloodshed in Beijing with deep anxiety over their future under eventual Communist rule. Hong Kong's already jittery stock market plummeted nearly 22%, the worst single-day loss since the October, 1987, global crash. At the same time, trade union leaders prepared to stage a general strike Wednesday to protest the Beijing government's brutal crackdown on pro-democracy demonstrators, whose cause has been celebrated--and to a large extent financed--by Hong Kong Chinese.
BUSINESS
December 1, 1994 | MAGGIE FARLEY, SPECIAL TO THE TIMES
Jardine Matheson, the powerful trading house that helped transform this colony into a jewel of the British Empire, moved closer Wednesday to completing a symbolic retreat begun a decade ago when Britain agreed to return Hong Kong to China. Jardine, which inspired James Clavell's novel "Noble House," removed two of its flagship affiliates--Jardine Matheson Holdings and Jardine Strategic Holdings--from the stock market here. The companies will be traded on the Singapore stock market next year.
BUSINESS
November 28, 1994 | From Times Staff and Wire Reports
Dam Project Offering Set: The world's largest hydroelectric project, the Three Gorges Dam on the upper reaches of the Yangtze River, will raise funds on the Hong Kong stock market, the official China Securities newspaper reported. The Three Gorges Dam Development Corp. will issue shares in its Gezhouba Hydroelectric Dam subsidiary, the paper said. That dam, also in the central province of Hubei, is completed and can pay dividends using its own electricity revenues.
BUSINESS
October 24, 1997 | MICHAEL A. HILTZIK, TIMES STAFF WRITER
Thursday's stock market declines in the United States, coming after sharp falls in the Hong Kong stock market, may be worrisome to U.S. investors fearing that events halfway around the world are exerting a major influence on their own portfolios. Here are some basic questions that American investors might have about how foreign markets affect U.S. stocks and bonds and whether the latest declines presage further trouble. * Q: We're thousands of miles from Hong Kong.
BUSINESS
December 1, 1994 | MAGGIE FARLEY, SPECIAL TO THE TIMES
Jardine Matheson, the powerful trading house that helped transform this colony into a jewel of the British Empire, moved closer Wednesday to completing a symbolic retreat begun a decade ago when Britain agreed to return Hong Kong to China. Jardine, which inspired James Clavell's novel "Noble House," removed two of its flagship affiliates--Jardine Matheson Holdings and Jardine Strategic Holdings--from the stock market here. The companies will be traded on the Singapore stock market next year.
BUSINESS
February 16, 1993 | From Times Staff and Wire Reports
Hong Kong Stocks Up Sharply: The Hong Kong stock market gained sharply on reports suggesting that China may soften its opposition to talks with Britain about proposals by Gov. Chris Patten for wider democracy in the colony. The reports, in Chinese newspapers published in Hong Kong, were the first indication that China might drop its call for Patten to withdraw the proposals, published in October, as a precondition for talks. The Hang Seng index rose 191.29 points, or 3.
NEWS
June 6, 1989 | KARL SCHOENBERGER and TYLER MARSHALL, Times Staff Writers
Panic began to spread through financial markets in this British colony Monday as residents reacted to the weekend bloodshed in Beijing with deep anxiety over their future under eventual Communist rule. Hong Kong's already jittery stock market plummeted nearly 22%, the worst single-day loss since the October, 1987, global crash. At the same time, trade union leaders prepared to stage a general strike Wednesday to protest the Beijing government's brutal crackdown on pro-democracy demonstrators, whose cause has been celebrated--and to a large extent financed--by Hong Kong Chinese.
BUSINESS
May 22, 1989 | From Times wire services
The Hong Kong stock market plunged more than 10% today in panic trading linked to the political crisis sweeping neighboring China. The pro-democracy demonstrations reached Hong Kong on Sunday as a million people marched on the streets in support of student protesters in Beijing. The British colony, noted for its freewheeling capitalism, reverts to China's control in 1997 and investors fear a repressive reaction to the student movement. The key Hang Seng Index ended down 339.06, or 10.8%, at 2806.
Los Angeles Times Articles
|