Category: FINANCE

Internally, it is assumed that he did this in order to improve his chances as CEO; HSBC’s relationship with China and Hong Kong is the most pressing matter it faces in the world today, and it remains ... ( read original story ...)

Hong Kong's secondary home prices fell 2.1 per cent in September, taking the year-to-date slump to 8.1 per cent Home prices are expected to fall further for the rest of the year and test the 10 per ... ( read original story ...)

Hong Kong's finance chief could have to miss an upcoming global banking summit in the city, after his office revealed Thursday he had tested positive for the coronavirus. City authorities are eager ... ( read original story ...)

Zhuhai Wanda Commercial Management said it submitted an application to the Hong Kong exchange late Tuesday. It is the third attempt by the company to make a Hong Kong initial public offering after two ... ( read original story ...)

Buyang International is making a fifth attempt to list in Hong Kong, hoping to raise funds for a major new expansion that will double its capacity The company churns out a majority of its revenue from ... ( read original story ...)

The Hong Kong Hang Seng Index opened higher Wednesday, wobbled, but still finished up 1% as traders weighed prospects for less tightening by major global central banks, including the US Federal ... ( read original story ...)

China stocks recovered on Wednesday, as signs of the U.S. Federal Reserve slowing its aggressive interest rate hikes and Beijing's supportive tone on the market boosted sentiment. ( read original story ...)

LONDON/SINGAPORE: Georges Elhedery's appointment as HSBC's chief financial officer caps a journey that's taken him from war-torn Lebanon to frontrunner for the top job at Europe's biggest bank. It’s ... ( read original story ...)

The bank delivered some ugly surprises, and bad headlines continue to plague the UK and China, two of its most important markets. ( read original story ...)

HSBC , boss Noel Quinn is getting rid of a cost-cutting finance chief, Ewen Stevenson, while his skills are still in need. To avoid spooking investors, new broom Georges Elhedery will have to wield ... ( read original story ...)

Net profit fell to US$1.9 billion, compared with US$3.5 billion in last year's third quarter; better than analysts' expectations Ewen Stevenson to step down as chief financial officer at end of the ... ( read original story ...)

The change came as HSBC reported profits slid 42% in the third quarter, hit by rising loan losses as well as charges from the sale of its French business. ( read original story ...)

Spread betting companies are calling London’s blue chip index up by around 11 points but shares in HSBC have fallen around 2.6% in Hong ... ( read original story ...)

HSBC's Q3 earnings report revealed robust core operational results, despite 2022's bear market. See why we assign a significant risk premium to the stock. ( read original story ...)