Financial Secretary Paul Chan Mo -po today (18 June) announced details of how to register for and receive the HK$5,000 e-vouchers under the Government's consumption voucher scheme. To complement the ... ( read original story ...)
Hong Kong to Begin Handing Out HK$5,000 Vouchers in August
Hong Kong will begin handing out HK$5,000 ($644) spending vouchers to residents from August to help boost consumption in the pandemic-hit economy. Those eligible will be able to register for the ... ( read original story ...)
HSBC takes hit with sale of French retail bank
HSBC on Friday said it will incur a hefty charge with the sale of its French retail banking operations to French lender My Money Group. It comes as ... ( read original story ...)
Hutchmed files for $600M+ IPO in Hong Kong as lead oncology drug surufatinib awaits FDA’s good graces
In oncology, a flush of Chinese-developed drugs has the biopharma industry rethinking the poles of power in R&D as the blossoming nation continues to make a name for itself and pick up bundles of cash ... ( read original story ...)
Lousy HSBC France sale is better than none
Cleaning up can be costly. That's the lesson from HSBC (HSBA.L), (0005.HK) Chief Executive Noel Quinn's possible sale of his French retail network to a company backed by Cerberus Capital Management . ( read original story ...)
HSBC (LSE:HSBA) | RNS | HSBC Holdings PLC – HSBC’s retail banking business in France
C HSBC Holdings PLC 18 June 2021. Following a strategic review of HSBC's retail banking activities in France, HBCE has today signed ... ( read original story ...)
Apple Touch-Screen Supplier Biel Crystal Plans Second Bite at Hong Kong Listing
One of Apple Inc.’s biggest glass suppliers is hoping to become a smash hit on the Hong Kong stock exchange, according to reports. Biel Crystal Manufactory Ltd., a maker of touch screens, is looking ... ( read original story ...)
Apple supplier Biel looks to raise $2 billion in Hong Kong IPO
Hong Kong's Biel, a supplier of touch screens for the iPhone 12 range and more, is reportedly considering an initial public offering which could see it raising up to $2 billion. ( read original story ...)
HSBC upgraded as JP Morgan sees interest rate tide turning
HSBC PLC has been upgraded by analysts at US bank JP Morgan, who see the interest rate environment swinging in its favour. The US bank says HSBC and also Asia-focused rival Standa ... ( read original story ...)
HSBC Chooses Two to Succeed Asia-Pacific CEO
HSBC Holdings said its Asia-Pacific Chief Executive Peter Wong is retiring and it has appointed two veteran bankers to take over the running of its business in the region. ( read original story ...)
JPMorgan upgrades HSBC to ‘neutral’, raises target price on Standard Chartered
Analysts at JPMorgan upgraded banking giant HSBC from underweight to 'neutral' on Friday despite it having "notably underperformed" the European Banks sector over the past year. ( read original story ...)
Expats in Singapore, Hong Kong Watch With Envy as World Opens Up
Singapore and Hong Kong, among the world’s most open economies, have practically shut their doors for more than a year to keep Covid-19 in check. But as the U.S. and Europe emerge from the pandemic, ... ( read original story ...)
PHD HK builds up team with Lawrence Lo and Namrata Chakrabarty
"We are confident in both their abilities to elevate our services and drive increased business performance for HSBC,” said Clement Chung, PHD CEO. ( read original story ...)
Hong Kong scion cedes hometown IPO premium
Richard Li, the entrepreneurial son of tycoon Li Ka-shing, plans to list his pan-Asian insurer FWD in New York instead of the city where he’s a familiar face to investors. He is sacrificing both brand ... ( read original story ...)