HSBC has renamed its “eastern markets” and “western markets” business sections, within months of creating them, after the branding prompted renewed speculation that the bank might formally split along ...
HSBC HOLDINGS Repurchases Nearly 6.13M Shares Yesterday, Totaling HKD565M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 6.1284 million shares of the company in the UK and Hong Kong markets on March 5, involving a total of HKD565 million. Of this, ...
MPs under mounting pressure to launch probe into HSBC savings scandal
Campaigners are demanding executives answer questions about withholding nearly £1bn from people who fled to escape a crackdown.
Hong Kong’s PAObank secures insurance agency licence
Hong Kong’s PAObank has received an Insurance Agency Licence from the Insurance Authority (IA), allowing the digital bank to offer general and life insurance services. In tandem with this development, ...
Y Intercept Hong Kong Ltd Sells 13,086 Shares of Banco Macro S.A. (NYSE:BMA)
Y Intercept Hong Kong Ltd reduced its stake in Banco Macro S.A. (NYSE:BMA – Free Report) by 85.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission ...
HSBC recognised as ‘Best Trade Finance Bank’ in Bangladesh
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been awarded as the “Best Trade Finance Bank” for the seventh year in Bangladesh and the eighth year globally at the Euromoney Trade ...
Hong Kong’s Hang Seng jumps as city pledges to develop itself into an artificial intelligence hub
Asia-Pacific markets were set to trade mixed Wednesday, tracking declines in two key Wall Street benchmarks overnight after the U.S. consumer confidence survey came in much weaker than economists' ...
Billionaire Brothers’ Chinese Bubble Tea Giant Mixue Surges In Hong Kong Debut
Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.
Hong Kong targets creation of rival to Euroclear
Hong Kong authorities are pushing to create an Asian rival to Europe’s influential securities depositories, in a bid to lessen dependence on western financial infrastructure and boost global use of ...
Firms Advise Mixue on $450M Hong Kong IPO As Bubble Tea Craze Gives Capital Markets a Boost
Last month, another Chinese beverage maker Guming, advised by Skadden, Shihui Partners and Ogier, also listed and raised $230 million.
HSBC celebrates 160 years in Hong Kong with display of the bank’s heritage and innovation
Extensive line-up of anniversary festivities includes a special installation at HSBC’s iconic headquarters, plus an array of community events.
Hong Kong’s finance sector to benefit from AI, China opening, Asia wealth: think tank
The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says Hong Kong's financial sector is well positioned to benefit from ...
Hong Kong public has to be given hope as budget takes step in right direction
Unpopular decisions have had to be made as city faces huge deficit, but it can bounce back thanks to 'one country, two systems' Defending the government budget has always been part of the job of the ...
Hong Kong’s Paul Chan on geopolitics and budget for future: ‘we need to grow’
Finance chief says bond issuance an ‘investment in the future’, stresses need to speed up Northern Metropolis development amid fierce competition.