Definitions
Sorry, no definitions found. You may find more data at seng's.
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word Seng's.
Examples
-
Hang Seng's new CEO, calls it "a great privilege" to lead the bank, but notes that "with the honor also comes the obligation and responsibility to do it even better."
-
The Hang Seng's property sub-index outperformed the benchmark index by rising 0.8%.
Bank Shares Pinch Nikkei, Property Stocks Lift Hang Seng 2008
-
Stocks in Hong Kong have, counting from the Hang Seng's peak in late October.
As Shares Slump, 2008
-
Most analysts say they expect Hang Seng's WaMu exposure is only a fraction of its capital base.
-
The loss was the Hang Seng's largest one-day percentage decline since Sept. 12, 2001.
-
Hang Seng's board issued a terse statement late Thursday night saying it was "not aware of any reasons" for its recent share price plunge.
-
Dah Sing's shares fell 9.1% Monday when it disclosed its WaMu exposure, a drop similar to Hang Seng's, and the shares have continued their decline in line with the broader market.
-
But the real lesson here may be Hang Seng's lack of details.
-
Those securities represent 80% of all debt securities in Hang Seng's portfolio, 85% of which is marked-to-market, Citi notes.
-
Assuming mainland policy makers are indeed responsible for the Hang Seng's upward climb -- whether by gently opening the private capital spigot for a few individual investors or by dumping foreign reserves into Hong Kong -- they are only exporting the mainland's equity fervor to a new market.
Up, but Not Away 2007
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.