HSBC Holdings said on Tuesday its profit tripled in the first quarter, beating expectations, as rising interest rates boosted the lender's income and helped it pay a first quarterly dividend since ...
Hong Kong shares edge higher as HSBC earnings beat
Hong Kong stocks were marginally up on Tuesday as HSBC soared after reporting a tripling in quarterly profit, while investors cautiously evaluated China activity data over the holiday weekend. We ...
HSBC Announces $2 Billion Buyback After Profit Beats Estimates
HSBC Holdings Plc will buy back as much as $2 billion of stock as the Asia-focused lender announced a fresh plan to return money to shareholders after reporting first-quarter results that beat ...
HSBC plans $3b share buyback as profits beat estimates
The bank is in the middle of a pivot to Asia while shedding unprofitable businesses in North America and Europe.
HSBC restores quarterly dividend, sets buyback as profit triples
HSBC Holdings reported on Tuesday a better than expected tripling of quarterly profit, as rising interest rates worldwide boosted the lender's income and helped it pay a first quarterly dividend since ...
HSBC, DBS, China Citic, other banks offer range of incentives in Hong Kong to entice mainland business during first post-Covid ‘golden week’ holiday
HSBC, DBS, and China Citic Bank International are among the city’s major lenders that have offered a wide range of incentives including extended operating hours at certain branches, with an eye on the ...
Rappler Talk: #FreeJimmyLai and Hong Kong’s fight for democracy
Rappler’s justice reporter Lian Buan sits down with Sebastien and Jimmy’s lawyer Caoilfhionn Gallagher KC in London to discuss this case, what it means for Hong Kong, and the state of freedoms across Asia and the world. – Rappler.com
Hong Kong presses banks to provide services for crypto companies
Hong Kong regulators are urging banks to provide services to virtual asset companies as the city pushes to establish itself as a hub of the crypto industry. The regulators stopped short of telling banks themselves to trade cryptocurrencies like Bitcoin,
20 Hong Kong artists attend Thailand Toy Expo 2023 with the Hong Kong Pavilion to specially welcome art toy fans
Ms. Coty Yip, President of the Innovative Entrepreneur Association (IEA), as the organizer of the Hong Kong Art Toy Story, along with Mrs. Lowell Cho, Assistant Head of Create Hong Kong of the Government of the Hong Kong Special Administrative Region,
Hong Kong Returned to Growth in First Quarter Amid Reopening
Hong Kong’s economy in the first quarter grew 2.7%, as a reopening of borders and China’s economic rebound helped break a streak of four quarterly contractions.
Live news: Hong Kong’s economy grows 2.7% in sign of post-pandemic recovery
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HSBC posts better-than-expected first-quarter result amid pressure to split
HSBC, the biggest of Hong Kong’s three currency-issuing banks, reported a better-than-expected profit in the first quarter as it seeks to fend off renewed pressure from some shareholders to split up ...
HSBC posts better-than-expected pre-tax profit of US$12.9 billion for first quarter amid pressure to split
HSBC, the biggest of Hong Kong’s three currency-issuing banks, reported a better-than-expected profit in the first quarter as it seeks to fend off renewed pressure from some shareholders to split up ...
HSBC restores quarterly dividend, sets share buyback as profit triples
It saw a 212 per cent increase in first-quarter pre-tax profit as it benefitted from rising interest rates around the world. Read more at straitstimes.com.