MARKET TALK: HK Blue Chips Pre-Open Tips Winning Streak Alive
28th Jul 2010 02:46
0146 GMT [Dow Jones] HK blue chips pre-open levels consistent with view market may take breather early on to consolidate 6-day 4.4% rally, but near-term bias remains on upside. Among 43 index members, gainers outnumber losers but upside limited; China Shenhua (1088.HK) indicated to rise 1.6% to HK$3
Read moreMARKET TALK: HSI May Consolidate; Earnings, Land Auction Eyed
28th Jul 2010 02:21
0121 GMT [Dow Jones] Two key focuses on today's HK trade: earnings, with Hang Lung Properties (0101.HK), HK Electric (0006.HK) both expecting to announce results lunch time, kicking off HK blue chips' reporting season; much-eyed auction of Mount Nicholson site in afternoon. HSI likely to open flatti
Read moreMARKET TALK: HSBC May Test HK$80; Watered-Down Basel Rules
28th Jul 2010 01:23
0023 GMT [Dow Jones] HSBC (0005.HK) may rise for 7th straight session, testing psychological HK$80 (last at this level end-April), tracking gains in ADRs, London-traded shares, on sector rally due to news Basel 3 proposals watered down. Next key event for HSBC 1H10 results due August 2, on which inv
Read moreMARKET TALK: HK Short Sales +3.1% Wednesday; HSBC Tops List
28th Jul 2010 00:36
2336 GMT [Dow Jones] HK short-selling volume +3.1% at HK$2.99 billion yesterday, as percentage of total market volume slipped to 4.8% vs Tuesday's 5.4%, suggesting bears remained deterred by HSI's winning streak, up for 7 straight sessions for cumulative gains of 5.0%. HSBC (0005.HK) topped list wit
Read more2nd UPDATE: UK Accounts Buy 99% Of GBP6B 2040 Gilt Linker
27th Jul 2010 17:14
(Adds comment, details) By Michael Wilson and Art Patnaude Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Ninety-nine percent of the GBP6 billion, 0.625% index-linked gilts sold by the U.K. Debt Management Office Tuesday were bought by U.K. accounts, according to the DMO. Robert Stheeman
Read moreUPDATE: UK GBP6.0 Bln 2040 0.625% Linker Tap Prices At 89.914
27th Jul 2010 15:43
(Adds details) By Michael Wilson and Art Patnaude Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Ninety-nine percent of the GBP6 billion, 0.625% index-linked gilts sold by the U.K. Debt Management Office Tuesday were bought by U.K. accounts, according to the DMO. Robert Stheeman, the Chi
Read moreRabobank Prices GBP300M 5.375% 50-Year Bond At 99.941
27th Jul 2010 13:27
LONDON (Dow Jones)--The Netherlands' Rabobank has priced its GBP300 million, 50-year bond via lead managers HSBC Holdings PLC and Rabobank, one of the banks running the sale said Tuesday. Terms are as follows: Amount: GBP300 million Maturity: August 3, 2060 Coupon: 5
Read more2nd UPDATE: UK 2040 Linker Tap Size Set At GBP6.0 Billion
27th Jul 2010 10:58
(Adds size, order books.) By Art Patnaude and Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. has set the final size on the syndicated tap of its 0.625% inflation-linked bond at GBP6 billion, bringing the total size of the issue to GBP9.5 billion, one of the banks running
Read moreUPDATE: UK 2040 Linker Tap To Price Flat To November 2037 UKTI
27th Jul 2010 10:12
(Adds guidance, order book size.) By Mark Brown and Art Patnaude, Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. has set price guidance on its planned syndicated tap of its 0.625% inflation-linked bond, one of the banks running the sale said Tuesday. The tap will price flat to
Read moreInternational Personal Finance Plans 5Y EUR200M High Yield Bond
27th Jul 2010 10:06
LONDON (Dow Jones)--Lender International Personal Finance PLC (IPF.LN) is planning a five-year, EUR200 million high-yield bond to repay the company's existing bank debt, one of the banks working on the deal said Tuesday. Citi and HSBC Holdings PLC are joint bookrunners on the unsecured notes.
Read moreMARKET TALK: UK Banks Jump On Basel 3 Watered-Down Rules
27th Jul 2010 10:05
0905 GMT [Dow Jones] UK banks are sharply higher on news that Basel 3 proposals have been watered down, analysts say. Lloyds Banking (LYG) and Barclays (BCS) particularly gaining from new requirements that will see both being able to recognize some minority interest capital as Tier 1 capital. Credi
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
27th Jul 2010 10:05
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0905 GMT [Dow Jones] UK banks are sharply higher on news that Basel 3 proposals have been watered down, analysts say. Llo
Read moreUK 2040 Inflation-Linked Bond Tap Guidance Nov 2037 UKTI +0-0.02
27th Jul 2010 09:05
LONDON (Dow Jones)--The U.K. has set price guidance on its planned syndicated tap of its 0.625% inflation-linked bond, one of the banks running the sale said Tuesday. The tap will price with a spread of between zero and two basis points over the 1.125% linker maturing November 2037. Order bo
Read moreMARKET TALK: July HSI Futures +0.9%; Positive N/B Bias
27th Jul 2010 08:51
0751 GMT [Dow Jones] July HSI futures +0.9% at 21,023, rising tad more than cash market's +0.8%, marking 6th straight session of gains for HK market. Volume hefty at 90,779 lots, bulk of which likely derived from rollover with contract expiring Thursday. August HSI futures +0.9%, trading at less tha
Read moreShimao Property Plans Senior Note Issue For New Projects, Debt Repayment
27th Jul 2010 02:25
HONG KONG (Dow Jones)--Mainland China developer Shimao Property Holdings Ltd. (0813.HK) said in a statement Tuesday it plans to issue senior notes to repay existing debt and develop new projects. The developer didn't give any details about the offering, such as its size, but said its completion
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