PICC Property & Casualty Co, China's largest non-life insurer, fell the most in a month in Hong Kong trading after posting a second-half loss on higher expenses.
Once unpopular wealth management products with a lower degree of investment risk are gaining popularity in the face of bearish domestic and global equity markets.
Shanghai's main stock index sank to a fresh 12-month low in early trade yesterday, dragged down by property shares, but a rebound in the mining and non-ferrous metals sectors helped the market close higher.
Nike Inc's chief executive officer Mark Parker knows how demanding Olympic athletes can be.
Hong Kong shares tracked mainland losses to fall 3.5 percent yesterday, as banking stocks led a sell-off on resurgent fears that strong economic data could trigger a new round of austerity measures.
Hong Kong Electronics Fair (Spring Edition), organized by Hong Kong Trade Development Council (HKTDC), opened yesterday and will run until April 17.
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