KUALA LUMPUR, May 26, 2022 – (ACN Newswire via SEAPRWire.com) – Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber (SMR) and premium grade block rubber, is pleased to announce that the Company has entered into an underwriting agreement with Hong Leong Investment Bank Berhad (HLIB) for its upcoming initial public […]
HONG KONG, May 13, 2022 – (ACN Newswire via SEAPRWire.com) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, and together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 (“the Reporting Period”). The Group’s revenue increased by 10.1% […]
Shares in Hong Kong and the mainland plunged on Monday on growing fears over the Chinese economy as a fast-spreading Covid outbreak forces lockdowns in major cities, while traders were also worried about an expected sharp hike in US interest rates. The Hang Seng Index plunged 3.7 percent, or 769 points, to 19,869. Dickie Wong, […]
HONG KONG, Mar 28, 2022 – (ACN Newswire via SEAPRWire.com) – China Risun Group Limited (“China Risun”, or the “Group”, stock code: 1907), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier and relevant operation management services provider in China, has announced its annual results for the year ended 31 December […]
Hong Kong stocks soared on Wednesday after mainland authorities pledged much-needed support to beaten-down markets. Xinhua News Agency said authorities would maintain capital market stability and adopt measures to handle risks for troubled property developers. The news lit a fire under Hong Kong’s Hang Seng Index, where mainland tech firms had been reeling from a […]
Hong Kong stocks plunged again on Tuesday, extending the previous day’s tech-fuelled rout that came after China locked down the tech hub of Shenzhen. Traders are also fretting over possible sanctions if Beijing reacts to Russia’s plea for military help in its Ukraine invasion, which could lead to measures against Chinese firms including possible sanctions. […]
HONG KONG, Feb 18, 2022 – (ACN Newswire via SEAPRWire.com) – EC Healthcare (the “Company”, which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce that the Group has been selected and will be included as a constituent […]
Hong Kong shares finished almost unchanged on Monday, as gains in energy and financial stocks offset losses in tech giants. The Hang Seng Index (HSI) gained 6 points to close at 24,579. The Hang Seng Tech Index declined 0.9 percent, with Alibaba Group down 4.5 percent to become the biggest percentage decliner in the HSI. […]
HONG KONG, Jan 5, 2022 – (ACN Newswire via SEAPRWire.com) – Nissin Foods Company Limited (“Nissin Foods”, and together with its subsidiaries, the “Group”; Stock code: 1475) will adjust the ex-factory price of its key instant noodle products in Mainland China, effective 1 March 2022. The most recent price adjustments by Nissin Foods on its […]
Hong Kong stocks rose at the open on Monday, as investors took heart from US rallies. The Hang Seng Index was up 1.03 percent to 24,242 in the opening minutes. The Shanghai Composite Index inched up 0.6 percent to 3,686, while the Shenzhen Composite Index was up 0.3 percent at 2,555. (AFP)
HONG KONG, Nov 5, 2021 – (ACN Newswire via SEAPRWire.com) – Nissin Foods Company Limited (“Nissin Foods”, and together with its subsidiaries, the “Group”; Stock code: 1475) has today announced its financial results for the nine months ended 30 September 2021 (“the Reporting Period”). Revenue of the Group increased by 6.4% to HK$2,858.6 million, from […]
HONG KONG, Nov 2, 2021 – (ACN Newswire via SEAPRWire.com) – Key shareholders and senior management of China Risun Group Limited (“China Risun”, or the “Group”, stock code: 1907), a leading integrated global coke, coking chemicals and refined chemicals producer and supplier and relevant operation management service provider, have recently time and again increased shareholdings […]
Hong Kong and most regional shares dipped on Monday after new economic data from Beijing disappointed investors who were already unsettled by the outbreak of the Delta coronavirus variant. The Hang Seng Index opened slightly lower and was pulled further down by tech shares. It lost as many as 344 points before wrapping up the […]
Tech shares led the Hang Seng Index to a strong comeback on Thursday, while other markets in the region also headed north after Beijing reportedly spoke to bankers to calm nerves over its recent regulatory crackdown and the US Federal Reserve kept its monetary policy unchanged. The Hang Seng Index began more than 700 points […]
HONG KONG, Jul 22, 2021 – (ACN Newswire via SEAPRWire.com) – Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”) (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, has announced the donation of cash and supplies valued at RMB10 million to support Henan for flood relief and preventing […]
Local banking giant Hang Seng Bank is ramping up its innovation push, teaming up with digital tech park Cyberport to empower young and promising startups, gain exposure within the innovation company community, and support those looking to expand across the Greater Bay Area (GBA). The strategic partnership, announced on May 27, is part of Hang […]
HONG KONG, Jun 8, 2021 – (ACN Newswire via SEAPRWire.com) – Champion Real Estate Investment Trust (“Champion REIT” or “Trust”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, has signed its first five-year HK$3.0 billion unsecured sustainability-linked term and revolving credit facilities. The loan proceeds will be used for refinancing and general […]
HONG KONG, May 24, 2021 – (ACN Newswire via SEAPRWire.com) – Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”) (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, has announced its unaudited first quarterly results for the three months ended 31 March 2021. Development Highlights— Chia Tai – […]
HONG KONG, May 11, 2021 – (ACN Newswire via SEAPRWire.com) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, and together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited 2021 first quarter financial information for the three months ended 31 March 2021 (“the Reporting Period”). The Group’s revenue amounted to […]
2021-04-21 HKT 16:50″ title=”The Hang Seng Index closed 513 points lower at 28,621. Image: Shutterstock”> The Hang Seng Index closed 513 points lower at 28,621. Image: Shutterstock Local and most regional shares sank on Wednesday, as a resurgence of coronavirus cases in some countries shook investor confidence. The Hang Seng Index opened sharply lower, down […]