HSBC HOLDINGS (00005.HK) announced that it has entered into irrevocable, non-discretionary buy-back agreements with Morgan Stanley & Co. International plc to enable the purchas... HSBC HOLDINGS (00005 ...
HSBC Reported to Acquire Remaining 51% Stake in JV with Shanxi Trust
HSBC HOLDINGS (00005.HK) has reached an agreement with Shanxi Trust, pursuant to which it will acquire the remaining 51% stake in HSBC Jintrust Fund Management -- a joint venture b... HSBC HOLDINGS ...
Amid slower growth, Hong Kong’s economy must change alongside mainland China
Hong Kong has long been a service-based economy reliant on finance, tourism, trade logistics and professional services But as the Chinese economy shifts towards domestic consumption, Hong Kong must ...
Hong Kong leader says China’s sentencing of US citizen exposes national security threats
Hong Kong’s leader says the sentencing on spying charges of a U.S. citizen in China who was also a permanent resident of the semi-autonomous city illustrates that the territory should stay vigilant to ...
Bankers face sluggish hiring market, layoffs in Hong Kong
Bankers seeking a job in Hong Kong should brace themselves for obstacles as banking on human resource investments has seen a slowdown. Hiring experts revealed to Asian Banking & Finance that there is ...
Hang Seng May Reclaim 20,000-Point Plateau
The Hong Kong stock market on Monday ended the four-day losing streak in which it had plummeted almost 675 points or 3.4 percent. The ...
Hong Kong mortgage frenzy sees banks go big on cash rebates
Fierce competition for new mortgage customers is driving banks in Hong Kong to offer the highest cash rebates in nearly two decades.
Swap Connect between Hong Kong, mainland officially launched
The trading of Swap Connect, an interest rate swap market access scheme, was officially launched on Monday, according to the People's Bank of China (PBOC). More than 40 domestic and overseas ...
HSBC aims to grow its Asian business amid pressure from top shareholder Ping An
HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...
Hong Kong may issue retail bonds to fund part of HK$580 billion artificial islands project off Lantau, finance chief Paul Chan says
he adds Hong Kong's finance chief has suggested issuing retail bonds to fund a large part of the controversial HK$580 billion (US$73.95 billion) reclamation project off Lantau, after critics raised ...
Big banks still operating in Hong Kong are playing a dangerous game
The Chinese government has forced banks to deny Chinese emigrants access to their retirement savings. What Beijing will demand next is anybody's guess.
Billionaire Li’s FWD considers private funding, IPO delayed amid weak market conditions
FWD Group seeks to raise additional capital through private round, pauses IPO strategy amid weak market conditions.
HSBC targets Asia growth amid pressure from top shareholder
HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region.The banking giant told investors it is aiming ...
Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly
The branch offers a designated pet-friendly waiting area. Hang Seng Bank has upgraded its Hysan Avenue Branch at Causeway Bay to become Hong Kong’s first pet-friend branch, the bank said in a press ...