Asian Shares Climb, HSBC Snags Pre-Earnings Report Gains

In Hong Kong HSBC shares rose 1.5% before the company’s announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% a…

Rising Chinese Property Prices Carry Hang Seng Higher

Chinese policy makers are scratching their heads after a raft of measures meant to cool the country’s red-hot real estate market seem to have done little to accomplish their aim. Rising property shares sent Hong Kong’s Hang Sen…

Higher Oil Prices Send Asian Shares Up

Asian investors brushed aside worries over continuously rising Chinese inflation today, focusing instead on bargain shopping. Energy companies were a major attraction as oil prices surged. Hong Kong’s Hang Seng Index climbed 1….