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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 +1.97% up 0.6%. Index heavyweight Tencent Holdings Ltd. /zigman2/quotes/204605823/delayed HK:700 +1.93% /zigman2/quotes/202617460/composite TCTZF +3.43% 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/composite BKFCF -1.50% /zigman2/quotes/207155262/delayed CN:601328 +0.20% popped 2.9% higher, China Minsheng Banking Corp. /zigman2/quotes/208095167/delayed HK:1988 0.00% /zigman2/quotes/203910009/delayed CN:600016 -0.27% /zigman2/quotes/200749234/composite CMAKY 0.00% rose 2.8%, and Agricultural Bank of China Ltd. /zigman2/quotes/200705246/delayed HK:1288 0.00% /zigman2/quotes/209398792/composite ACGBF +1.61% /zigman2/quotes/204629388/delayed CN:601288 +0.33% traded 1.4% higher. Shares in Industrial & Commercial Bank of China Ltd. /zigman2/quotes/201401473/delayed HK:1398 0.00% /zigman2/quotes/204265987/composite IDCBF +4.49% /zigman2/quotes/202525815/delayed CN:601398 -0.21% 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 +0.76% rose 1.4%.

/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
22,146.09
+427.03 +1.97%
Volume: 237,058
June 27, 2022 9:37a
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/zigman2/quotes/204605823/delayed
HK : Hong Kong
$ 391.60
+7.40 +1.93%
Volume: 2.92M
June 27, 2022 9:37a
P/E Ratio
15.63
Dividend Yield
0.41%
Market Cap
$3653.45 billion
Rev. per Employee
$6.03M
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/zigman2/quotes/202617460/composite
US : U.S.: OTC
$ 48.98
+1.63 +3.43%
Volume: 9,921
June 24, 2022 3:18p
P/E Ratio
15.22
Dividend Yield
0.32%
Market Cap
$465.45 billion
Rev. per Employee
$770,133
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/zigman2/quotes/203442771/delayed
HK : Hong Kong
$ 5.24
0.00 0.00%
Volume: 249,097
June 27, 2022 9:36a
P/E Ratio
3.74
Dividend Yield
7.94%
Market Cap
$411.27 billion
Rev. per Employee
$6.54M
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/zigman2/quotes/208048873/composite
US : U.S.: OTC
$ 0.65
-0.0099 -1.50%
Volume: 0.00
June 8, 2022 3:38p
P/E Ratio
3.56
Dividend Yield
N/A
Market Cap
$51.95 billion
Rev. per Employee
N/A
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/zigman2/quotes/207155262/delayed
CN : China: Shanghai
¥ 4.96
+0.01 +0.20%
Volume: 6.83M
June 27, 2022 9:37a
P/E Ratio
4.21
Dividend Yield
7.16%
Market Cap
¥350.76 billion
Rev. per Employee
N/A
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/zigman2/quotes/208095167/delayed
HK : Hong Kong
$ 2.77
0.00 0.00%
Volume: 110,776
June 27, 2022 9:36a
P/E Ratio
3.25
Dividend Yield
9.01%
Market Cap
$176.89 billion
Rev. per Employee
$6.51M
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/zigman2/quotes/203910009/delayed
CN : China: Shanghai
¥ 3.69
-0.01 -0.27%
Volume: 7.91M
June 27, 2022 9:37a
P/E Ratio
4.98
Dividend Yield
5.77%
Market Cap
¥150.87 billion
Rev. per Employee
¥5.72M
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/zigman2/quotes/200749234/composite
US : U.S.: OTC
$ 3.75
0.00 0.00%
Volume: 0.00
June 8, 2022 9:30a
P/E Ratio
3.26
Dividend Yield
6.35%
Market Cap
$23.56 billion
Rev. per Employee
$828,852
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/zigman2/quotes/200705246/delayed
HK : Hong Kong
$ 2.91
0.00 0.00%
Volume: 9.34M
June 27, 2022 9:36a
P/E Ratio
3.88
Dividend Yield
8.33%
Market Cap
$1216.14 billion
Rev. per Employee
$3.18M
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/zigman2/quotes/209398792/composite
US : U.S.: OTC
$ 0.37
+0.0059 +1.61%
Volume: 0.00
May 23, 2022 10:49a
P/E Ratio
3.40
Dividend Yield
N/A
Market Cap
$155.78 billion
Rev. per Employee
$406,847
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/zigman2/quotes/204629388/delayed
CN : China: Shanghai
¥ 3.02
+0.01 +0.33%
Volume: 31.62M
June 27, 2022 9:37a
P/E Ratio
4.30
Dividend Yield
6.85%
Market Cap
¥1037.21 billion
Rev. per Employee
¥2.56M
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/zigman2/quotes/201401473/delayed
HK : Hong Kong
$ 4.53
0.00 0.00%
Volume: 5.04M
June 27, 2022 9:36a
P/E Ratio
4.21
Dividend Yield
7.58%
Market Cap
$1891.59 billion
Rev. per Employee
N/A
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/zigman2/quotes/204265987/composite
US : U.S.: OTC
$ 0.57
+0.02 +4.49%
Volume: 0.00
June 21, 2022 1:20p
P/E Ratio
3.71
Dividend Yield
N/A
Market Cap
$240.75 billion
Rev. per Employee
$501,190
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/zigman2/quotes/202525815/delayed
CN : China: Shanghai
¥ 4.73
-0.01 -0.21%
Volume: 12.10M
June 27, 2022 9:37a
P/E Ratio
4.77
Dividend Yield
6.20%
Market Cap
¥1613.29 billion
Rev. per Employee
¥3.31M
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,375.11
+25.36 +0.76%
Volume: 4.61B
June 27, 2022 9:37a
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