Foreign media reported that HSBC HOLDINGS (00005.HK) is close to completing the headhunting negotiations with Credit Suisse's Qatar CEO Aladdin Hangari and his team. UBS, which... Foreign media ...
BOC seizes P34M worth of smuggled sugar from Hong Kong
The Bureau of Customs (BOC) on Thursday reported the discovery of PHP34.5 million worth of smuggled sugar at the Manila International Container Port (MICP).In a statement, Customs Commissioner ...
Alibaba, Meituan and tech stocks in Hong Kong fuel best week since January as China pledges support after crackdown
Tech stocks are pushing the Hang Seng Index towards its best week since the opening days of 2023. Premier Li Qiang pledges to support tech firms in a meeting with some top executives on Wednesday.
Chinese mainland savers rush to Hong Kong to capitalise on higher returns, less risk
HONG KONG has become a hot destination for Chinese mainlanders to park their money as a turbulent onshore capital market has led many to hunt for lower-risk investments overseas. Read more at The ...
HSBC builds up China green finance, bonds teams in funds push – sources
HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe's biggest bank presses on with expansion in the ...
HK shares up on credit data surprise; China stocks slip
HONG KONG: Hong Kong shares extended their rally to a third straight ... and Hang Seng China Enterprises Index gained 1.30%. China’s new bank loans jumped more than expected in June from the previous ...
HSBC Buys Back Over 4.64M Shrs Ytd for $289M
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of over 4.6424 million shares in the UK and Hong Kong markets yesterday (4th), involving a total of about HK$289 mill... HSBC HOLDINGS ...
HK Govt Suspected to Transfer its HKEX Positions to CN Bank
June, about 78 million shares of HKEX (00388.HK) +4.400 (+1.537%) Short selling $108.60M; Ratio 12.636% were transferred from Citi, a US bank, t ...
Hang Seng Drives Bank Innovation with Launch of ‘Future Banking’ Service Concept
Hang Seng Bank ('Hang Seng') today (12 July 2023) unveiled its innovative 'Future Banking' service concept at a new branch in Festival Walk. The opening saw the launch of three 'first-in-market' ...
HSBC May Acquire 31% Stake in HSBC Jintrust from Shanxi Trust: Report
HSBC HOLDINGS (00005.HK), as suggested by media reports, is planning to expand its mainland China business. Shanxi Trust, which holds a 51% stake in the joint venture company HSBC ... HSBC HOLDINGS ...
Hong Kong shares up on credit data surprise; China stocks slip
HONG KONG: Hong Kong stocks rose on Wednesday as stronger-than-expected credit figures in June partially lifted sentiment, though Chinese stocks edged down as investors waited for a bigger stimulus. * ...
Alibaba, Xpeng drive best winning run in Hong Kong in a month amid stimulus bets as Beijing signals growth concerns
Local stock benchmark advances for a third day, the longest winning streak in a month as Chinese tech firms rally. Beijing calls for a wider economic reopening, signalling concerns about the nation’s ...
Wall Street rises on inflation, banking hopes
US stocks rose on Tuesday, helped by optimism ahead of key inflation reports and as JPMorgan and other financial shares gained before earnings later ...
Japanese Companies Go on Buying Spree in Europe; Top Law Firms Act On Hong Kong-based PE Fund’s Billion-dollar Acquisition in US
In this edition, Law.com International notes how U.K. and European law firms have been benefiting as Japanese companies acquire assets in Europe, and writes about how multiple U.S. law firms have ...