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Hong Kong stocks snap 5-day slump as China rate-cut hopes as Alibaba, HSBC help lift market from 13-month low

Local stocks stem five days of losses on speculation China’s central bank will cut lending rates soon to spur the economy. Two market debutants in Hong Kong hand investors steep losses.

Mixed results greet market debutants

Staff reporter Three companies going public yesterday showed mixed performance, with Changjiu (6959) rose 16 percent but Zhongshen Jianye (2.

Car Tracking Firm Changjiu Holdings Gets Green Light For IPO

Key Takeaways: Changjiu Holdings, a subsidiary of Changjiu Group, has been expanding its revenues in recent years but profits have been volatile, falling nearly 27% in the first half of this year despite higher turnover Aside from vehicle monitoring, the firm manages dealership operations on behalf of 75 clients but only one of them is unrelated t

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