Category: FINANCE

HSBC (5.Hong Kong/HSBC) gained 1.5% in Hong Kong amid heavy buying after long-time bear Morgan Stanley double upgraded this stock from Underweight to Overweight. Morgan Stanley has been a long-time bear because it is worried HSBC can’t maintain its ... ( read original story ...)

The projected lower bound is: 21,839.86. The projected closing price is: 22,480.46. HANG SENG/Hong Kong INDEX closed down -59.270 at 22,505.551. Volume was 3% below average (neutral) and Bollinger Bands were 33% narrower than normal. HANG SENG INDEX is ... ( read original story ...)

The Shenzhen and Hong Kong Stock Connect made a historic debut on Monday, as HSBC and Konka Group became the first shares to be exchanged over the cross-border trading platform. The trading connect scheme, which links China’s southern most stock exchange ... ( read original story ...)

[HONG KONG] HSBC Holdings Plc plans to step up hiring in China for its retail and wealth business next year as the UK lender persists with its expansion there despite the country's economic slowdown and measures to stem capital outflows. The bank increased ... ( read original story ...)

Where do you start if you want to track down Asia’s leading banking rainmakers? If you rattled off the names of Wall Street powerhouses like Goldman Sachs and JPMorgan Chase, you would be only partly correct. From Hong Kong to London, a rising number of ... ( read original story ...)

the Hongkong and Shanghai Banking Corporation, Hang Seng Bank as well as BOC Hong Kong (2388) and other local lenders have put out commission-free promotions for A-share purchases.HSBC is an aggressive play... Banks joined brokers to provide discounts to ... ( read original story ...)

Christmas is about more than receiving presents, but in an ideal world no child would wake up on December 25 without at least one gift-wrapped toy waiting under the tree. For the 19th consecutive year, Bank of America Merrill Lynch is working to help ... ( read original story ...)

HSBC, Standard Chartered, Citi: they are arguably three of the Western banks most entrenched in the Asian region. The first two generate most of their profits from Asia, while Citi http://news.efinancialcareers.com/sg-en/267219/citi-jobs-hong-kong/ HSBC ... ( read original story ...)

Along with HSBC’s expansion in the Pearl River Delta, Hong Kong banks’ exposure in China has increased this year. Exposure to China stood at 27.6 per cent of Hong Kong’s system-wide assets at the end of June, according to figures from Fitch ... ( read original story ...)

Hong Kong finance chief John Tsang Chun-wah has said the city must defend its core values such as freedom and the rule of law, in a blog post on Sunday that read more like an election pitch as he mulls a run at the city’s top job. In his weekly blog ... ( read original ...

HSBC Holdings plc ('HSBC') notes the publication today of the results of the Bank of England's 2016 concurrent stress test exercise. The Bank of England's results show that, under the hypothetical stress scenario, HSBC's common equity tier 1 ('CET1') ratio ... ( read original story ...)

"Hui Fung" is, of course, the commonly known Chinese name for HSBC - Hong Kong's largest bank. The rationale is that HSBC is known to have the tradition of delighting its shareholders with a fat final dividend payout to usher in each New Year. That "bonus ... ( read original story ...)

head of China and Hong Kong equity strategy for HSBC. It has 385 consumption-related companies, accounting for 57 per cent of the listed companies in this industry, and 196 information technology (IT) firms, comprising 78 per cent of the industry. ( read original story ...)

On 3 October 2016, the Directors of HSBC Holdings plc declared the third interim dividend for 2016 of US$0.10 per ordinary share. The dividend is payable on 6 December 2016 to holders of record on 21 October 2016 on the Principal Register in the United ... ( read original story ...)