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July 27, 2014, 10:05 p.m. EDT

Hong Kong stocks gain for fifth day

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By Laura He

HONG KONG (MarketWatch) -- Hong Kong stocks headed higher Monday morning toward their fifth straight session of gains, with the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.47% up 0.6%. Index heavyweight Tencent Holdings Ltd. /zigman2/quotes/204605823/delayed HK:700 -0.38% /zigman2/quotes/202617460/delayed TCTZF -1.03% helped lead the gains, rising 1.5% after China's top banking regulator approved the establishment of three private banks, including WeBank, in which Tencent has a 30% stake. Meanwhile, the state-owned banking giants posted broad gains, as Bank of Communications Co. /zigman2/quotes/203442771/delayed HK:3328 0.00% /zigman2/quotes/208048873/delayed BKFCF 0.00% /zigman2/quotes/207155262/delayed CN:601328 +0.86% popped 2.9% higher, China Minsheng Banking Corp. /zigman2/quotes/208095167/delayed HK:1988 +1.14% /zigman2/quotes/203910009/delayed CN:600016 +1.10% /zigman2/quotes/200749234/delayed CMAKY -1.57% rose 2.8%, and Agricultural Bank of China Ltd. /zigman2/quotes/200705246/delayed HK:1288 +1.59% /zigman2/quotes/209398792/delayed ACGBF -1.40% /zigman2/quotes/204629388/delayed CN:601288 +0.95% traded 1.4% higher. Shares in Industrial & Commercial Bank of China Ltd. /zigman2/quotes/201401473/delayed HK:1398 +0.24% /zigman2/quotes/204265987/delayed IDCBF -3.39% /zigman2/quotes/202525815/delayed CN:601398 +0.81% added 0.6% despite news it planned to issue close to $13 billion in preferred shares. Over on the Chinese mainland, Shanghai stocks rallied on, following a weekly advance of 3.3% last week, after reports said the so-called "through train" scheme, which would allow direct stock trading between Hong Kong and Shanghai, could be launched in mid-October. The Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP +2.07% rose 1.4%.

/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
24,455.41
+114.56 +0.47%
Volume: 2.30M
Sept. 18, 2020 4:09p
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/zigman2/quotes/204605823/delayed
HK : Hong Kong
HK$ 525.00
-2.00 -0.38%
Volume: 21.70M
Sept. 18, 2020 4:09p
P/E Ratio
43.86
Dividend Yield
0.23%
Market Cap
HK$4988.90 billion
Rev. per Employee
HK$8.27M
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/zigman2/quotes/202617460/delayed
US : U.S.: OTC
$ 67.10
-0.70 -1.03%
Volume: 20,816
Sept. 18, 2020 3:40p
P/E Ratio
43.66
Dividend Yield
0.23%
Market Cap
$643.73 billion
Rev. per Employee
$1.05M
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/zigman2/quotes/203442771/delayed
HK : Hong Kong
HK$ 3.90
0.00 0.00%
Volume: 31.37M
Sept. 18, 2020 4:09p
P/E Ratio
3.68
Dividend Yield
8.85%
Market Cap
HK$347.18 billion
Rev. per Employee
HK$5.47M
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/zigman2/quotes/208048873/delayed
US : U.S.: OTC
$ 0.54
0.00 0.00%
Volume: 0.00
Sept. 16, 2020 1:19p
P/E Ratio
3.97
Dividend Yield
N/A
Market Cap
$44.61 billion
Rev. per Employee
$697,896
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/zigman2/quotes/207155262/delayed
CN : China: Shanghai
¥ 4.68
+0.04 +0.86%
Volume: 129.45M
Sept. 18, 2020 3:00p
P/E Ratio
4.89
Dividend Yield
6.73%
Market Cap
¥302.77 billion
Rev. per Employee
¥4.56M
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/zigman2/quotes/208095167/delayed
HK : Hong Kong
HK$ 4.44
+0.05 +1.14%
Volume: 35.09M
Sept. 18, 2020 4:09p
P/E Ratio
3.46
Dividend Yield
9.12%
Market Cap
HK$260.59 billion
Rev. per Employee
HK$6.25M
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/zigman2/quotes/203910009/delayed
CN : China: Shanghai
¥ 5.50
+0.06 +1.10%
Volume: 109.40M
Sept. 18, 2020 3:00p
P/E Ratio
4.75
Dividend Yield
6.73%
Market Cap
¥227.26 billion
Rev. per Employee
¥5.19M
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/zigman2/quotes/200749234/delayed
US : U.S.: OTC
$ 5.65
-0.09 -1.57%
Volume: 0.00
Sept. 17, 2020 3:35p
P/E Ratio
3.43
Dividend Yield
7.52%
Market Cap
$33.23 billion
Rev. per Employee
$798,641
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/zigman2/quotes/200705246/delayed
HK : Hong Kong
HK$ 2.55
+0.04 +1.59%
Volume: 101.30M
Sept. 18, 2020 4:09p
P/E Ratio
4.03
Dividend Yield
7.81%
Market Cap
HK$1249.81 billion
Rev. per Employee
HK$2.16M
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/zigman2/quotes/209398792/delayed
US : U.S.: OTC
$ 0.33
-0.0047 -1.40%
Volume: 0.00
Sept. 17, 2020 9:43a
P/E Ratio
3.75
Dividend Yield
N/A
Market Cap
$159.53 billion
Rev. per Employee
$276,273
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/zigman2/quotes/204629388/delayed
CN : China: Shanghai
¥ 3.20
+0.03 +0.95%
Volume: 204.19M
Sept. 18, 2020 3:00p
P/E Ratio
5.28
Dividend Yield
5.68%
Market Cap
¥1089.94 billion
Rev. per Employee
¥1.80M
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/zigman2/quotes/201401473/delayed
HK : Hong Kong
HK$ 4.25
+0.01 +0.24%
Volume: 254.40M
Sept. 18, 2020 4:09p
P/E Ratio
4.66
Dividend Yield
6.76%
Market Cap
HK$1908.48 billion
Rev. per Employee
HK$3.03M
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/zigman2/quotes/204265987/delayed
US : U.S.: OTC
$ 0.54
-0.02 -3.39%
Volume: 0.00
Sept. 15, 2020 2:25p
P/E Ratio
4.26
Dividend Yield
N/A
Market Cap
$243.75 billion
Rev. per Employee
$387,287
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/zigman2/quotes/202525815/delayed
CN : China: Shanghai
¥ 4.98
+0.04 +0.81%
Volume: 260.73M
Sept. 18, 2020 3:00p
P/E Ratio
5.64
Dividend Yield
5.28%
Market Cap
¥1664.36 billion
Rev. per Employee
¥2.53M
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,338.09
+67.65 +2.07%
Volume: 25.63B
Sept. 18, 2020 3:01p
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