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Wednesday, April 7, 2010 as of 11:14 AM ET

Hong Kong Stock Exchange

The Hong Kong Stock Exchange (SEHK) is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange, and the sixth largest in the world.

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CORRECT(5/24): Chinese Estates Says Chairman Lau To Face Bribery Charges In Macau Over Land Deal

Joseph Lau, the billionaire Hong Kong tycoon that heads developer Chinese Estates Holdings Ltd.

(0127.HK), will face prosecution in Macau over charges of bribery and money laundering linked to a land deal in Asia's gambling capital, the latest high-profile corruption case involving a Hong Kong property company.Macau's lower court rejected Lau's request to discharge the accusation that he or his company offered a bribe to a jailed former senior official in Macau in connection with a government tender for five plots."As a result, the case will be remitted to the Court of First Instance of Macau for trial in due course," Chinese Estates said in a statement to the Hong Kong Stock Exchange late Wednesday.The company and Lau couldn't immediately be reached for comment. Macau's judiciary didn't immediately respond to a request for comment on the proceedings.Lau previously denied the allegations by appearing in April at the trial of Ao Man-long, Macau's former secretary for transport and publi...

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  1. Esprit 9-Month Revenue Down 7.2% On Year At HK$24 Billion

    Fashion retailer Esprit Holdings Ltd. (0330.HK) said Wednesday its revenue for the first nine months of its fiscal year fell 7.2%, weighed by continued weakness in i...

  2. E&Y Says 1Q Global Mining, Metals M&A Down 20%

    The global value of mergers and acquisitions in mining and metals fell sharply in the first quarter compared with the year-earlier period, with volumes shrinking by ...

  3. Beijing Enterprises Group Boosts Stake In China Gas To Nearly 9%

    Beijing Enterprises Group Co., which owns a natural gas distributor in Beijing, raised its stake in China Gas Holdings Ltd. (0384.HK) to nearly 9% from 3.3%, accordi...

  4. China Everbright Surges As Bo Xilai's Son Quits

    China Everbright International Ltd. shares jumped 5.5% in late Thursday morning trade in Hong Kong after the elder brother of Bo Xilai, the recently ousted Communist...

  5. Hong Kong Securities Regulator To Consult Public On Rules Governing IPO Underwriters

    (Add comments from lawyer on plans to strengthen regulations for listing sponsors in paragraphs nine to 11)HONG KONG (Dow Jones)--Hong Kong's securities regulator sa...

  6. Esprit Names Thomas Tang As Chief Financial Officer; Effective May 2

    Fashion retailer Esprit Holdings (0330.HK) said it has appointed Thomas Tang as group chief financial officer and executive director with effect from May 2, in a man...

  7. Macau Court Identifies Alleged Hong Kong Link In Bribery Case - Report

    Macau's highest court on Monday named the companies of two Hong Kong tycoons in a high-profile corruption case involving a jailed former senior official of the gamin...

  8. Hong Kong Fashion Group Buys Gieves & Hawkes

    Trinity Ltd. , controlled by the Hong Kong family that owns Li & Fung Ltd. , has agreed to purchase British menswear brand Gieves & Hawkes for 92.5 million pounds ($...

  9. Li Ka-shing Controlled ARA Mulls Yuan REIT IPO In Singapore - Sources

    Singapore -( Dow Jones )- Singapore-listed real estate fund manager ARA Asset Management Ltd. (D1R.SG), an affiliate of Hong Kong tycoon Li Ka-shing's Cheung Kong (H...

  10. Rusal 2011 Net Falls 92%; Swings To 4Q Net Loss

    United Co. Rusal PLC (0486.HK) swung to a fourth-quarter net loss in 2011, the Russian aluminum giant said Monday, because of lower aluminum prices and high debt-sev...

  11. Las Vegas Sands Sued for $380M in China

    Las Vegas Sands (NYSE:LVS) is being sued in China for about $380 million over the way it won a gaming license in Macau, marking the latest lawsuit in what has become...

  12. China Mobile Profiit Up 5.2%

    China Mobile said Thursday its 2011 net profit was up 5.2% on year, helped a double digit rise in its subscriber base and growth in its data business. Profit for the...

  1. PICC Group Seeks "Hard Underwriting" On Its US$6 Billion Hong Kong, Shanghai IPO

    A blockbuster initial public offering by one of China's biggest financial firms that should have been welcomed by Western banks grappling with a listing drought in H...

  2. Chinese Estates Says Chairman Lau To Face Bribery In Macau Over Land Deal

    Joseph Lau, the billionaire Hong Kong tycoon that heads developer Chinese Estates Holdings Ltd. (0127.HK), will face prosecution in Macau over charges of bribery and...

  3. Chinese Estates: Chairman Joseph Lau To Face Bribery, Money-Laundering Charges In Macau Over Land Deal

    Developer Chinese Estates Holdings Ltd. (0127.HK) said late Wednesday its chairman, billionaire Joseph Lau, will face prosecution in Macau over charges of bribery an...

  4. Graff Aims For US$1 Billion Fundraising Size With HK$25-HK$37 Per Share Price Range

    London-based jeweler Graff Diamonds Corp is planning to raise US$1 billion from a Hong Kong initial public offering that starts Monday, becoming the latest luxury br...

  5. Beijing Enterprises Group Raises Stake In China Gas To 14.75% Vs 12.85%

    Beijing Enterprises Group Co., which owns a natural-gas distributor in that city, raised its stake in China Gas Holdings Ltd. (0384.HK) to 14.75% from 12.85%, accord...

  6. Rusal 1st-Quarter Net Profit Down 84% At US$74 Million

    Russian aluminum giant United Co. Rusal PLC (0486.HK), said Monday its first-quarter net profit fell 84% from a year earlier due to lower product prices and higher c...

  7. HSBC In Talks To Sell South American Operations

    Banking giant HSBC Holdings PLC (HBC.LN) said Thursday it is in talks on a possible sale of its operations in Colombia, Peru, Uruguay and Paraguay, as it continues t...

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