HSBC is going after younger Asian client with a series of incentives including zero commission stock trading, an educational service and a revamped unit trust investment platform. “[We] have ... ( read original story ...)
HSBC Wealth Banking CEO Matos on Market Outlook
Nuno Matos, Chief Executive, Wealth and Personal Banking, HSBC speaks with Bloomberg’s Yvonne Man at the Bloomberg Invest Global Summit about the outlook for private wealth. (Source: Bloomberg) ... ( read original story ...)
China Tourism, awaiting Hong Kong IPO, touts Hainan duty-free haven for tourist dollars in rivalry with Okinawa, Jeju
China Tourism’s multibillion-dollar IPO could come this quarter, say sources, as the retailer looks to Hainan’s duty-free zone to capture domestic spending. ( read original story ...)
TikTok rival loses steam: World’s roughest IPO this year is Chinese firm
Investors who bought Kuaishou Technology after the TikTok rival went public in Hong Kong have notched the widest peak-to-trough slump among global initial public offerings this year ... ( read original story ...)
Hong Kong shares track Asia peers higher; tech rebounds, property up on housing plans
Hong Kong stocks on Thursday notched their biggest daily percentage gain in 10 weeks, tracking Asian peers higher, with technology shares rebounding while major property developers jumped after the ... ( read original story ...)
Hong Kong shares track overseas peers higher, property jumps on housing plans
Hong Kong stocks rose on Thursday, on course for the biggest percentage gain in over 6 weeks, tracking gains with Asian peers fuelled by a late recovery on Wall Street, with major property developers ... ( read original story ...)
Asian Stock Market: Trades higher tracks Wall Street gains, Hang Seng up 2%
Asian stocks follow the footsteps of the Wall street price action on Thursday. US debt ceiling, European gas supplies, and weaker commodities make traders' diaries full. US and China agreed to a ... ( read original story ...)
Exclusive Interview | HSBC bullish on India consumption story: India Commercial Banking Head Rajat Verma
For the first six months of the 2021 calendar year, the commercial banking segment in India has delivered a PBT of $146 million, up 76 percent from $83 million for the corresponding period in 2020, ... ( read original story ...)
Rebound Called For Hong Kong Bourse
The Hong Kong stock market headed south again on Wednesday, one session after ending the two-day slide in which it had plummeted more than 620 points or 2.6 percent. The Hang Seng Index now sits just ... ( read original story ...)
Initiatives to cement HK’s global financial hub status
Hong Kong is set to boost its financial prowess and endeavors in integrating with the nation’s economic development by leveraging the central government’s supportive policies and the Chinese ... ( read original story ...)
HSBC HK: Further Expansion of RMB Products in HK to Be Welcomed by Onshore & Offshore Investors, Corporates
Luanne Lim, Acting Chief Executive Officer at HSBC HK, expressed that, as the largest offshore RMB center in the world, Hong Kong has been constantly pushing forward the internationalization of RMB ... ( read original story ...)
RBC continues to strengthen private banking team in Hong Kong
Fenny Chan and Angela Chow are the latest Directors to join RBC Wealth Management’s private banking team to support high-net-worth and ultra-high-net-worth clients in the region. They will focus on ... ( read original story ...)
Hong Kong to build mega-courtroom for cases with many defendants
Hong Kong is planning to set up a "mega-courtroom" to handle cases involving multiple defendants after thousands of arrests since mass protests in 2019 strained the Asian financial hub's courts.. Read ... ( read original story ...)
Carrie Lam unveils new measures to reinforce Hong Kong’s financial strengths
... Kong Special Administrative Region Carrie Lam unveiled Wednesday an array of new measures to reinforce Hong Kong's status as a global financial hub, including improving the listing regime of the ... ( read original story ...)