Hong Kong

Hong Kong Shares Flat, China up on Developers' Strength

9 Feb 2012

China shares eked out a gain on Thursday, thanks to solid gains by property developers on a day when Hong Kong and mainland indices faced chart resistance and Chinese inflation data discouraged some investors.

Alibaba to Issue Statement on Parent After Yahoo Shakeup

9 Feb 2012

Alibaba.com Ltd. suspended its shares from trading in Hong Kong as the company prepares a statement about a transaction involving its parent, which is raising about $3 billion to buy back stock held by Yahoo! Inc.

Hong Kong Sells Tuen Mun Site to Kerry for HK$2.7 Billion, Government Says

9 Feb 2012

The Hong Kong government sold a residential site in the northern Tuen Mun district to Kerry Properties Ltd. (683) in a tender for HK$2.74 billion ($353 million), lower than surveyors’ estimates.