HSBC on Monday said it would resume paying dividends to shareholders after first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off. ( read original story ...)
HSBC profit more than doubles as economies rebound, loan-loss fears ebb
HSBC Holdings on Monday reported forecast-beating first-half pretax profit that more than doubled from a weak performance last year when it made huge provisions for pandemic-related bad loans. ( read original story ...)
HSBC restores interim dividend as second-quarter profit soars on reserve releases
HSBC, Hong Kong’s biggest currency-issuing bank, said it would pay out an interim dividend of 7 US cents a share as it reported stronger second-quarter results. ( read original story ...)
First-half profit at HSBC more than doubles
HSBC on Monday said first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off. Reported profit before ... ( read original story ...)
Banking giant HSBC sees first half profit more than double
Banking giant HSBC said its first half profit has more than doubled, as it benefited from an economic rebound in Britain and Hong Kong. Europe's biggest bank by assets saw pre-tax profit for the ... ( read original story ...)
HSBC is set to report half-year 2021 earnings today. Here’s what to expect
HSBC is due to report financial results for the first six months of 2021. Analysts expect the Asia-focused bank to report a big jump in half-year profit from a recovering global economy and lower ... ( read original story ...)
HSBC, Union Bancaire side with China stock signals on downside while Dalio tells sceptics not to be scared after US$1.2 trillion sell-off
Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves ... ( read original story ...)
Digital Banking: Hong Kong’s Mox Bank Introduces Buy Now Pay Later Service via its Max Credit Product
Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or ... ( read original story ...)
Hong Kong stronger as global financial hub with national security law
From investors to businesses, stakeholders have been more optimistic since the national security law in Hong Kong took effect; -- Over the past years, Hong Kong's closer financial ties with the ... ( read original story ...)
HSBC, Standard Chartered dividends in focus as banks seen delivering stronger half-year results
The Bank of England’s Prudential Regulation Authority recently discarded “temporary guardrails” put in place after HSBC, Standard Chartered resumed dividends this year, opening the door for interim ... ( read original story ...)
Hong Kong goes on a spending spree as HK$5,000 e-vouchers scheme launches
Shoppers splurge on Rolex watches, electronics, gadgets and eating out as firing gun starts on digital vouchers spending. ( read original story ...)
Xinhua Headlines: Hong Kong stronger as global financial hub with national security law
One year after the introduction of the national security law in Hong Kong, the international financial hub has retained, if not enhanced, its global appeal with the restoration of a peaceful business ... ( read original story ...)
Biel Crystal revives Hong Kong stock offer plan as glass supplier of Apple, Samsung, Huawei raises capital for expansion
Biel Crystal Holdings Limited, the world's largest maker of smartphone screens, said it applied to raise capital in Hong Kong, reviving the initial public offering (IPO) that was scuttled three years ... ( read original story ...)
Hong Kong bank deposits rose 11.5 per cent in the first half as investors chased highly anticipated IPOs
Currency deposits will continue to grow as Chinese tech companies launch IPOs in Hong Kong following tighter regulatory scrutiny on overseas listings by Beijing. ( read original story ...)