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Moody's Upgrades TENCENT Credit Rating to A1 with Stable Outlook 
19.400 (-4.415%)   

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HSI Falls 87 pts; CHINA LIFE Dives 4% Hang Seng Index opened up 87 pts this morning but it receded when China announced its official manufacturing PMI for January which missed the market expectations. It hit the low by declining 238 pts and last stood at 19,595, down 87 pts or 0.4%. Hang Seng China Enterprises Index lost 96 pts or 1.2% to 8,144. The market turnover amounted to $69.5 billion. Some media coverage said HSBC HOLDINGS (00005.HK)    +0.150 (+0.275%)       Short selling $243.91M; Ratio 21.393%      planned to freeze pay and hiring this year. The bank added 0.3% to $54.65. TENCENT (00700.HK)    +2.100 (+1.449%)       Short selling $702.14M; Ratio 23.503%      and CKH HOLDINGS (00001.HK)    +1.200 (+1.245%)       Short selling $255.07M; Ratio 32.427%      rose 1.4% and 1.2%. CHINA MOBILE (00941.HK)...
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Business receipts in value terms of most of the major service industries showed increases of different magnitudes in the second quarter of 2014 when compared with the second quarter of 2013, according to the provisional figures of business receipts indices released today (September 11) by the Census and Statistics Department (C&SD). Comparing the second quarter of 2014 with the second quarter of 2013, double-digit increases were recorded in business receipts of the real estate (+20.7%); insurance (+18.9%); courier (+11.8%); administrative and support services (+10.2%); and warehousing and storage (+10.0%) industries. On the other hand, the retail industry recorded a more noticeable decrease (-7.0%) in business receipts during the same period. Analysed by service domain, business receipts of the tourism, convention and exhibition services domain decreased by 7.5%, whereas those of the computer and information technology services domain increased by 1.1% during the...
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