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 Hong Kong shares surge. Show all posts
Showing posts with label Hong Kong shares surge. Show all posts

Hong Kong shares surge

Hong Kong shares rallied 3.4 percent to a 10-week high in heavy volumes on Tuesday, with HSBC leading the charge as it joined the rally in global bank stocks on the US governments latest plan to stabilise markets. Turnover surged, rising to an 11-week high of HK$63.9 billion as speculators piled into HSBC shares and its nil-paid rights that began trading in Hong Kong on Monday.

Wednesday, March 25, 2009

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