Flying Mining Prices Hong Kong IPO At Bottom Of Indicative Range

HONG KONG (Oct 30) -- Marble miner and processor Flying Mining on Monday said it priced its initial public offering at 50 Hong Kong cents a share, at the lower end of its indicative range of 50 cents to 62 cents. The company is offering 390 million shares ... ( read original story ...)

Asia pivot helps HSBC post jump in third quarter pretax profit

HONG KONG (Reuters) - HSBC Holdings PLC posted a five-fold rise in its pretax profit for the third quarter, as the bank expanded its market share in its key businesses in Asia, and helped by a lower comparative base in the year-ago quarter. HSBC earlier ... ( read original story ...)

HSBC posts higher 3Q profit as Asian pivot pays off

HONG KONG — HSBC says profits rose in the third quarter as a sweeping corporate overhaul, aimed at winning more business in Asia pays off. The London-based global bank said Monday that pretax profit rose to $4.6 billion in the July-September period ... ( read original story ...)

HSBC posts huge jump in third quarter pre-tax profit

"Our pivot to Asia is driving higher returns and lending growth, particularly in Hong Kong and the Pearl River Delta," HSBC chief executive Stuart Gulliver said in a statement. The firm's earnings were further boosted by higher premiums from its insurance ... ( read original story ...)

Asia helps HSBC post jump in third quarter pretax profit

Hong Kong: HSBC Holdings PLC (HSBA.L) posted a more than five-fold rise in its pretax profit for the third quarter, as the bank expanded its market share in its key business in Asia, and helped by a lower comparative base in the year-ago quarter. ( read original story ...)