Hong Kong: Stocks open higher

Hong Kong shares edged up in the first few minutes of trade Monday after a top Federal Reserve official talked up the US economy, while investors await a key speech by the central bank's head at the end of the week.

The Hang Seng Index added 0.18 per cent, or 40.28 points, to 22,977.50.

And the benchmark Shanghai Composite Index was flat, dipping 0.72 points to 3,107.38, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.03 per cent, or 0.65 points, to 2,045.35.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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Epic Research Singapore : Honda Market News Update

Honda Motor Co Ltd and its two local joint ventures sold about 40,858 automobiles in China in February, up 27.6 per cent from a year earlier, the Japanese automaker said on Tuesday.

That follows a 33.6 per cent year-on-year jump in January and a 60.4 per cent rise in December, reflecting a gradual recovery in sales which took a heavy beating from a surge anti-Japan sentiment following a territorial dispute between Beijing and Tokyo in late 2012.

The company's sales in the first two months of the year came to about 104,095 cars, up 31.3 per cent from the same period a year earlier.

Honda, which operates car ventures in China with Dongfeng Motor Group Co Ltd and Guangzhou Automobile Group Co Ltd , aims to sell 900,000 cars in the country this year, up 18.9 percent from a year earlier

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