HSBC Holdings Plc shares rose after it delivered better-than-estimated profits and pledged to return to paying quarterly dividends next year as it seeks to head off a call by its largest shareholder ... ( read original story ...)
Hong Kong shares start week with small gain
Hong Kong stocks finished Monday slightly higher after three days of losses, boosted by bargain-buying and a rally in banking giant HSBC, though ... ( read original story ...)
HSBC rebuffs Ping An call for break-up, arguing it would be costly
HSBC pushed back on a proposal by top shareholder Ping An Insurance Group Co of China to split the lender, a move Europe's biggest bank said would be costly, while posting profit that beat ... ( read original story ...)
HSBC raises key profitability goal, seeking to rebuff Ping An call for break-up
HSBC sought to woo investors on Monday with a higher profitability target and bullish dividend outlook, as Europe's biggest bank pushed back on a proposal by top shareholder Ping ... ( read original story ...)
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result. Hang Seng Bank posted a 46% year-on-year (YoY) decline in attributable profit to HK$4.7b due to effects brought ... ( read original story ...)
Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list
The statement came after Alibaba was added to the SEC's list of Chinese companies at risk of being delisted for not meeting auditing requirements on Friday. ( read original story ...)
Head to Head Comparison: Hongkong Land (OTCMKTS:HNGKY) versus Alset EHome International (NASDAQ:AEI)
Hongkong Land (OTCMKTS:HNGKY – Get Rating) and Alset EHome International (NASDAQ:AEI – Get Rating) are both finance companies, but which is the better investment? We will contrast the two businesses ... ( read original story ...)
Unit Of Chinese Property Giant Evergrande Ordered To Pay $1.1 Billion
A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing. ( read original story ...)
Alibaba, HSBC, China manufacturing shock push Hang Seng Index towards sub-20,000 level for first time in two months
US market regulator put Alibaba on a watch list for delisting on Friday, the highest profile Chinese company yet, over ongoing audit inspection issues Chinese manufacturing unexpectedly contracted in ... ( read original story ...)
HSBC pledges to restore dividend to pre-pandemic levels
HSBC has pledged to restore its dividend to pre-coronavirus pandemic levels as soon as possible as Europe’s biggest bank pushes back against pressure from its largest shareholder Ping An to divide its ... ( read original story ...)
HSBC Vows to Restore Dividends After Unexpected Profit Jump
HSBC Holdings Plc delivered better-than-estimated profits, vowing to restore paying quarterly dividends next year as it seeks to head off a call by its largest shareholder to split up. Most Read from ... ( read original story ...)
HSBC posts second-quarter surprise as profit jumps unexpectedly by 61 per cent on deferred tax gain, helping bank to beat estimates
HSBC reported a 16 per cent decline in its pre-tax profit in Hong Kong as the city's economy recovers more slowly than expected from the fifth wave of Covid-19 The bank's pre-tax profit rose to ... ( read original story ...)
Mirror concert accident: Hong Kong’s culture minister warns contractors involved not to shirk responsibility, investigative task force to hold first meeting
Secretary for Culture, Sports and Tourism Kevin Yeung also urges public not to speculate before results of probe are out Concert producer breaks silence, expressing sadness over mishap and adding he ... ( read original story ...)
Asian shares advance, Hong Kong sags on weak factory data
Shares are mostly higher in Asia after a strong close on Wall Street last week, though the latest manufacturing surveys showed weakening factory activity in the region's biggest economies ... ( read original story ...)