Laopu Gold, CMOC shares jump on addition to Hang Seng index
The reshuffle is closely watched as a sign of which listed companies have excelled across key metric Shares of Chinese jeweller Laopu Gold and miner CMOC Group rallied in Hong…
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Jumbo Group to acquire leasehold interest in Tai Seng Street property from Boustead Industrial Fund
Jumbo Group is proposing to acquire a leasehold interest in a 26 Tai Seng Street property owned by Boustead Industrial Fund (BIF), a private real estate trust set up by Boustead’s real…
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Shareholders of Hang Seng Bank on Thursday (Jan 8) voted for a plan floated by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused…
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang Seng Bank said on Monday (Dec 15) that an…
STI tumbles 1% amid rout in Asia markets; Nikkei, Hang Seng fall more than 2%
Singapore stocks fell on Friday (Nov 21), mirroring a wider regional rout after markets tumbled earlier this week on fears of an artificial intelligence bubble, but dropped again on…
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after markets tumbled earlier this week on fears of an…
UBS appoints Kwa Chong Seng as chairman for Singapore, South-east Asia
UBS has appointed corporate heavyweight Kwa Chong Seng as chairman for Singapore and South-east Asia, beginning from Dec 1. In this newly created role, Kwa will report directly to Iqbal…
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is proposing to acquire the rest of Hang Seng Bank as…
HSBC plans to privatise Hang Seng at US$37 billion valuation
The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating range HSBC Holdings plans to take Hang Seng Bank…
Wilmar chair Kuok Khoon Hong and Centurion joint chair Han Seng Juan up stakes
Over the five trading sessions from Sep 26 to Oct 2, institutions were net buyers of Singapore stocks with net institutional inflow of S$275 million, partially reversing the S$592 million…
Stocks to watch: Singtel, SGX, Del Monte Pacific, Tat Seng Packaging
The following companies saw new developments that may affect trading of their securities on Monday (Sep 22): Singtel: The telecommunications company’s Australian subsidiary Optus…
Further upside expected for Hang Seng Tech Index
THE Hang Seng Tech Index, which tracks Hong Kong’s 30 largest listed technology companies, has continued its bullish momentum since a significant breakout above the 5,500 level in mid-July…
HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm, succeeding Luanne Lim who is being appointed as the CEO of Hang…
Hiap Seng Engineering employee killed in workshop accident
The group will take necessary measures to prevent the recurrence of such an incident An employee died in an accident at the workshop of construction firm Hiap Seng Engineering on Saturday…
Singapore-headquartered Mirxes to join Alibaba, Tencent on Hang Seng Composite Index
Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng Composite Index is a benchmark which covers about…
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is obliged to make an offer for the company’s shares,…
Ong Beng Seng convicted in Iswaran corruption case: What’s next for the HPL empire?
While Hotel Properties Ltd (HPL) maintains a “business as usual” stance after founder Ong Beng Seng’s exit from management and his obstruction of justice trial, could privatisation be on…
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pled guilty in a case involving the Formula 1 night…
Bullish outlook seen for Hang Seng Tech Index
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in Hong Kong with high business exposure to technology themes, has staged a significant breakout above the…
New substantial shareholders in ISOTeam, Rex International and Hiap Seng Industries
Over the five trading sessions from Jul 18 to 24, institutions were net buyers of Singapore stocks, with net institutional inflow of S$334 million adding to the S$113 million for the…
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in the…
Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO Max Tan Indonesian petrochemical producer Chandra…
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its portfolio in Singapore, particularly in the…
How far can the Hang Seng Tech Index rise with AI and Beijing’s private-sector shift?
THE Hang Seng Tech Index Futures contract is based on the Hang Seng Tech index (HST), which tracks the 30 largest tech stocks listed in Hong Kong. HST saw a rough start to 2025, but…