HongKongBizz

Common equity tier 1 ratio at 14.6 pct at end-Sept * CEO says pivot to Asia driving higher returns (Adds details on Asia business, operating expenses, context, stock price) HONG KONG, Oct 30 (Reuters) - HSBC Holdings PLC on Monday signalled its pivot to ... ( read original story ...)

"Our worldwide network continued to deliver strong growth ... and our pivot to Asia is driving higher returns and lending growth, particularly in Hong Kong", HSBC Group Chief Executive Stuart Gulliver said in the statement. Saudis to allow women into ... ( read original story ...)

Quarterly revenue rose 36.4% on-year to $12.98 billion. HSBC highlighted strong performance from its worldwide network and good contributions from its Hong Kong and Asia businesses. Asia account for 87% of HSBC's pre-tax profit as it boosted growth in ... ( read original story ...)

Hong Kong initial public offering, IFR reported on Friday, citing people close to the deal. The company, which is based in Singapore and the United States, will offer shares in an indicative range of HK$2.93 to HK$4.00 each, added IFR, a Thomson Reuters ... ( read original story ...)

SHANGHAI, Oct 30 (Reuters) - China's major indexes fell on Monday morning, dented by expectations of a new wave of initial public offerings and by profit-taking in consumer firms. The CSI300 index was down 0.3 percent, to 4,009.78 points at the end of the ... ( read original story ...)

HONG KONG (Nikkei Markets) -- San Francisco-headquartered gaming hardware maker Razer on Monday launched an initial public offering in Hong Kong to raise up to HK$4.25 billion ($545 million), according to a termsheet. The company is offering 1.06 billion ... ( read original story ...)

HONG KONG (Oct 30) -- Marble miner and processor Flying Mining on Monday said it priced its initial public offering at 50 Hong Kong cents a share, at the lower end of its indicative range of 50 cents to 62 cents. The company is offering 390 million shares ... ( read original story ...)

HONG KONG (Reuters) - HSBC Holdings PLC posted a five-fold rise in its pretax profit for the third quarter, as the bank expanded its market share in its key businesses in Asia, and helped by a lower comparative base in the year-ago quarter. HSBC earlier ... ( read original story ...)

... pre-tax profit jumped 448 percent year-on-year to $4.6 billion HSBC also said it completed 71 percent of the share buyback it announced in July The bank is listed in Hong Kong, London and New York HSBC, Europe's largest bank, said Monday its pre-tax ... ( read original story ...)

HONG KONG — HSBC says profits rose in the third quarter as a sweeping corporate overhaul, aimed at winning more business in Asia pays off. The London-based global bank said Monday that pretax profit rose to $4.6 billion in the July-September period ... ( read original story ...)

"Our pivot to Asia is driving higher returns and lending growth, particularly in Hong Kong and the Pearl River Delta," HSBC chief executive Stuart Gulliver said in a statement. The firm's earnings were further boosted by higher premiums from its insurance ... ( read original story ...)