China's Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply lower than its original target of $500 ... ( read original story ...)
HSBC Profits Fall On French Retail Impairment Charge
In a statement to the Hong Kong stock exchange, HSBC said it was looking to offload its French retail arm "as part of our actions to simplify our operations" in Europe adding that it hoped the sale ... ( read original story ...)
HSBC Third-Quarter Profit Beat Forecasts Despite 46% Decline — Earnings Review
By Clarence Leong HSBC Holdings PLC reported third-quarter results on Tuesday. This is what we watched: NET PROFIT: The Asia-focused bank posted net ... ( read original story ...)
HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans
The Asia-focused lender on Tuesday posted $1.91 billion net profit for the three months to Sept. 30, down from $3.54 billion in the year-earlier period. ( read original story ...)
HSBC beats profit expectations on back of global rate increases
HSBC delivered higher than expected profits on the back of rising interest rates in the third quarter and announced changes to its leadership with the appointment of a new chief financial officer. The ... ( read original story ...)
Hong Kong Sevens vs Covid-19: how tournament came back from brink to beat toughest opponent
From cancelled Sevens in 2020 and 2021 to an event proceeding under pandemic constraints, the Post recaps a testing three years. ( read original story ...)
Hang Seng Bank, QFPay HK offers faster loans to SMEs
SMEs need only share their commercial information in the Commercial Data Interchange. Hang Seng Bank has partnered with QFPay HK to offer faster financing to small and medium enterprises (SME) ... ( read original story ...)
Hong Kong markets volatile after plunging to start the week; other Asian markets rise
Hong Kong stocks were volatile and mainland China markets continued to slide Tuesday, while other major Asian markets rose. ( read original story ...)
Hong Kong Stock Market Dives After China Party Meeting
Almost all shares in the Hang Seng Index were trading lower, but Chinese technology stocks were particularly hard hit. ( read original story ...)
Bitcoin, NFTs attract family offices, super-rich in Hong Kong, Singapore as investors look to diversify portfolio, study shows
Most family offices and high net worth individuals from Hong Kong and Singapore have taken to digital assets, shrugging off the volatility in the sector, according to a new report. ( read original story ...)
Stocks in Hong Kong tumble, Bank of Japan intervenes on yen
In Hong Kong, the Hang Seng tumbled 950 points. The key index was still trading at the time of writing but was revisiting lows not seen since the Global Financial Crisis in 2008/9. In mainland China, ... ( read original story ...)
Analysts Issue Forecasts for BOC Hong Kong (Holdings) Limited’s FY2024 Earnings (OTCMKTS:BHKLY)
Investment analysts at Jefferies Financial Group increased their FY2024 earnings estimates for shares of BOC Hong Kong in a note issued to investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)
Hong Kong stocks tank to 14-year low as re-elected Xi’s reshuffle sparks worries about China’s economic recovery
The selloff in Hong Kong came after President Xi Jinping filled his leadership team with loyalists, a concentration of power that could risk China's economic recovery. ( read original story ...)
Hong Kong stocks plunge on China worries
Hong Kong stocks plunged five per cent to a 13-year low today as investors were spooked by Chinese President Xi Jinping’s decision to hand key ... ( read original story ...)