Hongkong and Shanghai Hotels (45)
Hongkong & Shanghai Hotels Ltd. is an investment holding company, which engages in the development, ownership and management of hotel, commercial, and residential properties. It operates through the following business segments: Hotels, Commercial Properties, and Clubs & Services. The Hotel segment is engaged in the operation of hotels and leasing of commercial shopping arcades, and office premises located within the hotel buildings. The Commercial Properties segment engages in the leasing of commercial and office premises and residential apartments, as well as operating food and beverage outlets in such premises. The Clubs & Services segment engages in the operation of golf courses, wholesaling and retailing of food and beverage products, laundry services and the provision of management and consultancy services for clubs. The company was founded on March 2, 1866 and is headquartered in Hong Kong.
|Market Price at 23-11-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Hongkong and Shanghai Hotels:
Friday, October 27, 2017
Greece’s non-performing loans: A major hurdle to economic revival
As US President Donald Trump reaffirmed his commitment to Greece’s economic revival during Greek Prime Minister Alexis Tsipras’ official visit to Washington, the country’s banking sector continues to struggle with the longstanding issue of excessive non-performing loans (NPLs).
Wednesday, August 30, 2017
On 19 August 2017, Fitch Ratings upgraded Greece’s long-term foreign currency issuer default rating to B- from CCC, citing easing political risk and promising growth prospects. Fitch’s upgrade came after Moody’s upgraded Greece’s long-term issuer rating to Caa2 in June and S&P affirmed its B- rating with outlook upgraded to positive in July. Despite these rating upgrades, Greece’s sovereign credit rating still remains well below investment grade. However, such a nominal upgrade could boost the confidence of lenders and investors alike.
Saturday, August 26, 2017
• US equity benchmarks finish higher as investors get excited about tax reform.
• European markets finished flat ahead of the annual Jackson Hole Symposium.
• China’s stock market gains ground as investors focus on earnings.
Tuesday, August 15, 2017
Greece, a south-eastern European island nation, is one of the world's most popular holiday destinations. The country boasts of clusters of scenic islands throughout the Aegean, Mediterranean and Ionian seas. Mesmerising ancient sites, picturesque beaches and traditional sugar-cube towns makes the country a tourist paradise.
Friday, July 07, 2017
According to IMF’s report published in February 2017, Greece’s tax debt to the state climbed to €94.2 billion or close to 55% of GDP in November 2016. Interestingly, 80% of this debt belongs to less than 1% of debtors, which depicts a skewed distribution of debt among a relatively small number of debtors. Moreover, Greece’s tax collection rates (ratio of tax collection to assessment) have been consistently declining since the crisis, falling to 45% in 2015 from 75% in 2010.
Monday, May 01, 2017
European equities rally following Macron’s entry in the second round of France’s presidential election
• US equity markets climb higher on account of upbeat corporate earnings.
• European equities rally following Macron’s entry in the second round of France’s presidential election.
• Largely positive global cues directs most Asian indices upwards.
Strong earnings and stable global cues power US equities higher
Wall Street finished the week in the green, as gains in the Technology, Industrials sectors and Consumer Services stocks pushed indices higher. The Dow Jones rose by 1.9%, the S&P 500 by 1.5%, and the NASDAQ added 2.3% to its value during the week. The week started on a positive note following the first round of France’s presidential elections, as Emmanuel Macron, a pro-EU candidate, won the most number of votes in Sunday’s election. Stocks continued to climb higher for most part of the week on the back of encouraging first quarter results, as McDonald’s Caterpillar, Amazon and DuPont all reported higher than expected earnings. During the week, Trump administration unveiled its tax reform plan that proposes to reduce the US tax rate on corporate pass-through business profits to 15% from 35%. Administration also proposed significant changes to personal taxes. The stock market took its time to digest the tax reform plan as Wall Street retreated briefly subsequent to the announcement. Moreover, US indices also suffered following the release of first quarter GDP data; US GDP grew at 0.7% in the first quarter of 2017, below the 1.2% rise estimated by economists. However, rally in the first part of the week more than made up for the second-half decline, as most indices finished the week higher.
Tuesday, April 18, 2017
- US equity markets decline for second consecutive week despite upbeat earnings by banks
- European equities retreat in the short Easter week
- Domestic as well as global cues direct Asian indices downwards
Geopolitical concerns pulls the US markets lower
The Nasdaq and the S&P 500 lost 1.2% and 1.1%, respectively, while the Dow Jones Industrial Average ended 1.0% down. US equity markets started the week on a weak footing as geopolitical concerns following the US attack on Syria continued to weigh on investor sentiment. In addition, the US President Donald Trump’s assertion that “North Korea is a problem that will be taken care of”, following speculation that the country is on the verge of another nuclear test, further heightened the geopolitical concerns globally. Moreover, in a major blow to terrorist group ISIS, the US military dropped the largest non-nuclear bomb on Afghanistan, further increasing the uneasiness among investors. In the US, banks kickstarted 1Q17 earnings season, with the Citigroup, JP Morgan Chase and Wells Fargo reporting upbeat earnings.
Tuesday, February 21, 2017
• Relatively hawkish tone from Federal Reserve Chair Janet Yellen underpins rally in financial stocks.
• European equities edge higher following strong performance in by US equities.
• Most of the Asian equities finished up on account of strong domestic economic data.
Tuesday, February 14, 2017
• US indices advance, powered by Trump’s assertion on tax cut.
• European equities edged up on the back of strong earnings performance by corporates.
• Strong domestic sentiments and soothing Chinese data helped Asian stocks close higher.
Monday, February 06, 2017
• Dow Jones pushes above 20K (again), while Nasdaq closes at record high after a choppy trade during the week
• European equities decline during the week on mixed corporate earnings and tepid investor sentiment, despite an end-of-week surge
• Asian equities end the week lower.