From Caijing.com.cn: TOM Group (2383.HK) , a media controlled by Hong Kong tycoon Li Ka-shing, reported a net loss of 72.35 million Hong Kong dollars, and saw its total revenue fall to HKÔºÑ1.347 billion, 8.6% lower from a year earlier. The company posted its interim report on August 21, pointing to Tom Online as the […]
From Financial Times: The Nasdaq Stock Market said on Tuesday it will launch an index designed to track the performance of the largest Chinese companies whose securities are actively traded in the US. Nasdaq said it will introduce the index during the second quarter this year with an initial 30 companies with a combined market […]
From AP via Business Week: China has agreed to allow the Nasdaq Stock Market and the New York Stock Exchange to open formal business offices in China, Finance Minister Jin Renqing announced Friday. Jin did not give a timetable for opening the offices or any other details. The announcement came after two days of high-level […]
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