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The Hong Kong Economic Times (abbreviated as the HKET) is a financial daily newspaper in Hong Kong. It was founded by Lawrence S P Fung (Chinese: 馮紹波; chairman), Perry Mak (managing director), Arthur Shek Kang-chuen (石鏡泉; executive director) and others. It started with a HK$20 million investment in 1988.
Hang Seng China 50 Index (Chinese: 恒生神州50指數) is a pan-China stock market index to represent the top 50 China-based companies in the stock exchanges of Hong Kong, Shanghai and Shenzhen, which covers A share (shares circulated in mainland China), H share (shares circulated in Hong Kong from the mainland China incorporated company), red chip (shares circulated in Hong Kong from the ...
Hang Seng China Enterprises Index is a stock market index of The Stock Exchange of Hong Kong for H share, red chip, and P chip.. H share is a class of ordinary share of the mainland China incorporated company that only traded outside the mainland China; all of these companies were majority owned by the central or regional Chinese government.
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
In June 1942, an 11-year-old Warren Buffett bought his very first stock. The target of the future Berkshire Hathaway CEO's inaugural buy? Three shares of Cities Service Preferred at $38 apiece ...
Stock disaster in 1983 (Negotiation deadlock between China and United Kingdom on Transfer of sovereignty over Hong Kong) Stock disaster in 1987 (Black Monday) Stock disaster in 1989 (Tiananmen Square protests) 1990s. Bear market from 1997 to 1998 (Asian financial crisis) 2000s. Stock disaster in 2000 (Dot-com bubble) Stock disaster in 2003 ...
In 2010, Li was named Chief Executive of the Hong Kong Exchanges and Clearing Limited (HKEX). During his tenure, a mechanism called Stock Connect was created in 2014 for mainland Chinese investors to trade shares listed in the Hong Kong stock market and international investors to trade shares listed in the stock markets of Shanghai and Shenzhen ...