Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label HSBC leads Hong Kong shares to three-month high. Show all posts
Showing posts with label HSBC leads Hong Kong shares to three-month high. Show all posts

HSBC leads Hong Kong shares to three-month high

Hong Kong shares rose 3.1 percent to a three-month high on Monday with HSBC outperforming following the strong response to its rights issue, while property stocks rose on signs of a recovery in the recession-hit sector. Shares of HSBC jumped to a five-week high after investors bought 96.6 percent of the shares offered in its record $18.5 billion rights issue.

Tuesday, April 7, 2009

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