The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations in Asia.
HSBC set for showdown with Chinese investors
The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations in Asia.
Interim measures released for Chinese mainland-HK interest rate swap market collaboration
File photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang) BEIJING, April 29 (Xinhua) -- The People's Bank of China (PBOC) on Friday released a ...
Stock Tied to Hong Kong-Based Financial Company Rockets 441.05%
Shares of Top Financial ( TOP) rose $88.21, or 441.05% to close at $108.21. Earlier in the wild trading session, the stock changed hands for as much as $256.44. In after-hours trading, shares fell ...
HK Banking System Balance Drop to Record Low Since 2008
HKMA has undertaken HKD6.916 billion of sell orders this morning, making the balance of the banking system to fall through HKD50 billion, marking a record low since the 2008 global... HKMA has ...
HSBC Nuno Matos Forecasts HK to Become World’s Largest Wealth Mgmt Center by 2027
Nuno Matos, CEO of Wealth and Personal Banking at HSBC HOLDINGS (00005.HK) told "21 Finance" that Hong Kong is anticipated to surpass Switzerland to become the world'... Nuno Matos, CEO of Wealth and ...
Top Financial Group, Hong Kong Shares Soar on Nasdaq, Like in Meme-Stock Era
Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.
Hong Kong-Based Stocks Rally Hard on Nasdaq
Kong-headquartered companies were halted by the Nasdaq stock exchange in action reminiscent of the meme-stock era.
Hong Kong broker Top Financial stock soars as much as 900% on meme trade
Yahoo Finance Lie discusses a rise in shares of Top Financial as the stock soared as much as 900% on meme trade.
Meme stock TOP Financial Group soars more than 890%, spurred on by the Reddit crowd
The stock of the Hong Kong-based broker that went public last year hit new records on Friday, but it's profit and revenue are tiny.
Hong Kong authorities encourage banks to offer services to cryptocurrency firms
Recently, the Hong Kong authorities reminded financial institutions that no cryptocurrency firms had been banned. As a result, the authorities are encouraging banks to offer services to these firms.
HSBC to Hold Board Meeting on May 2 to Discuss 1Q23 Results
Short selling $127.98M; Ratio 23.709% announced that a meeting of a committee of the Board of Directors of HSBC Holdings plc will be held ...
Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
There is no legal and regulatory requirement prohibiting banks in Hong Kong from providing banking services to virtual assets (VA) related entities,” deputy chief executive of the Hong Kong Monetary ...
Hong Kong seeks to help crypto firms escape their exile from the banking sector
Hong Kong urged banks to provide services to licensed virtual-asset firms, part of the city’s push to become a crypto hub and a stance that contrasts with a crackdown on the digital-asset sector in ...