Moody's assigns A1 rating to MTN drawdowns by two branches of Bank of ChinaRead the full article at Moody's ... ( read original story ...)
HSBC First-half Profits More Than Double, Resumes Dividends
HSBC on Monday said it would resume paying dividends to shareholders after first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off. ( read original story ...)
HSBC profit more than doubles as economies rebound, loan-loss fears ebb
HSBC Holdings on Monday reported forecast-beating first-half pretax profit that more than doubled from a weak performance last year when it made huge provisions for pandemic-related bad loans. ( read original story ...)
HSBC restores interim dividend as second-quarter profit soars on reserve releases
HSBC, Hong Kong’s biggest currency-issuing bank, said it would pay out an interim dividend of 7 US cents a share as it reported stronger second-quarter results. ( read original story ...)
First-half profit at HSBC more than doubles
HSBC on Monday said first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off. Reported profit before ... ( read original story ...)
Banking giant HSBC sees first half profit more than double
Banking giant HSBC said its first half profit has more than doubled, as it benefited from an economic rebound in Britain and Hong Kong. Europe's biggest bank by assets saw pre-tax profit for the ... ( read original story ...)
Hong Kong pop singer, activist arrested on corruption charge
A prominent Hong Kong singer and pro-democracy activist was arrested by the city’s anti-corruption watchdog Monday over accusations that he broke the law by singing at a political rally three years ... ( read original story ...)
Hong Kong Stock Market May Extend Friday’s Losses
The Hong Kong stock market on Friday wrote a finish to the two-day winning streak in which it had spiked more than 1,220 points or 4 percent. The Hang Seng Index now rests just above the 25,960-point ... ( read original story ...)
Chinese electric car start-up Li Auto delivers more cars than Xpeng again
Li Auto's only model on the market comes with a fuel tank for charging the battery, extending the driving range. ( read original story ...)
Does Hong Kong’s response to Henan floods reflect declining public motivation to support disaster relief in mainland China?
Hong Kong business leaders have stepped up their financial support for Henan after it was devastated by deadly floods last month, while city authorities are pledging more cash for local relief ... ( read original story ...)
HSBC is set to report half-year 2021 earnings today. Here’s what to expect
HSBC is due to report financial results for the first six months of 2021. Analysts expect the Asia-focused bank to report a big jump in half-year profit from a recovering global economy and lower ... ( read original story ...)
Hong Kong: Foreign business chambers call for clarification on proposed national security law
Two Sessions 2020: national security law adds fresh risks to Hong Kong’s status as business hub, commerce chambers warn”, 22 May 2020. The proposed national security law fo ... ( read original story ...)
HSBC, Union Bancaire side with China stock signals on downside while Dalio tells sceptics not to be scared after US$1.2 trillion sell-off
Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves ... ( read original story ...)
Digital Banking: Hong Kong’s Mox Bank Introduces Buy Now Pay Later Service via its Max Credit Product
Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or ... ( read original story ...)