Tag: finance

HSBC is one of three lenders that issue bank notes in Hong Kong. It employs more than 228,000 people in 67 countries worldwide and its shares are widely held by retail investors in Hong Kong. HSBC spe... ( read original story ...)

HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy ... ( read original story ...)

Standard Chartered Bank sees its decision to apply for a virtual banking licence in Hong Kong – the first traditional bank in the city to do so – as opening up new areas of growth both in the city and ... ( read original story ...)

Stefan Hofer, chief investment strategist at LGT Bank in Hong Kong, said the local market has underperformed despite the city's solid economic and fiscal policy fundamentals. The problem, he stressed, ... ( read original story ...)

Hong Kong IPO bankers aren’t getting much of a break this summer. The city’s market for initial public offerings is in the middle of its biggest summer on record, despite a slumping benchmark stock in... ( read original story ...)

Bank of America now has a $6 PT on the $670.85M market cap company or 42.86 % upside potential. In a report sent to investors on 2 August, Halcon Resources (NYSE:HK) shares have had their Neutral Rati... ( read original story ...)

Online lending and payment operator Chong Sing Holdings FinTech is planning to acquire a licence to do virtual banking business in Hong Kong. The company is also planning to tap into the lucrative art... ( read original story ...)

In the age of email, e-banking and even electronic greeting cards, postal services are often dismissed as “snail mail”. But the operations of the 177-year-old Hongkong Post are far from obsolete. Ever... ( read original story ...)

The Hongkong and Shanghai Banking Corporation (HSBC) has appointed Surendra Rosha as Chief Executive Officer for HSBC India, the lender said on Monday. Mr. Rosha succeeds Jayant Rikhye, who is taking ... ( read original story ...)

HONG KONG (Reuters) - Chinese ride-hailing giant Didi Chuxing and Alibaba’s (BABA.N) Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 ... ( read original story ...)

Hong Kong’s financial regulator has vowed to take action against asset managers and brokers that help firms without a licence to offer stock margin-financing disguised as investments. “Deliberate use ... ( read original story ...)

Hang Seng index ends down 0.1 pct China Enterprises index HSCE falls 0.4 pct HSI financial sector sub-index is flat; property down 0.7 pct Aug 3 (Reuters) - Hong Kong shares edged lower on Friday, dra... ( read original story ...)

UNPay, the global one-stop fintech open platform provider, announced that it has officially signed a strategic collaboration agreement with renowned Hong Kong financial technology company, Yunfeng Fin... ( read original story ...)

Explore your DNA with 23andMe. Learn how your DNA influences your facial features, taste, smell and other traits. Neither and a bit both. Hong Kong’s economy did not truly take off until late 1950s, w... ( read original story ...)