Tag: finance

Asian stocks were the session’s outperformers as Hong Kong’s Hang Seng index reached decade highs ... highs to trade 0.2 per cent lower at $1.1832 after the European Central Bank’s chief economist Peter Praet suggested a longer extension of its ... ( read original story ...)

The appointment is the first major decision taken by former AIA Group (1299.HK) chief Mark Tucker, who officially took up his post at HSBC just 12 days ago as its first externally-appointed chairman. Flint, who is not related to Tucker’s predecessor ... ( read original story ...)

Last September, HSBC made headlines by moving 300 staff from its digital and transformation teams into a WeWork hot-desking site in Causeway Bay, Hong Kong. “Within these close-knit communities, financial services companies are interested in meeting and ... ( read original story ...)

Last year, HSBC, which was founded in 1865 in Hong Kong as the Hongkong and Shanghai Banking Corporation, decided to keep its headquarters in London after a lengthy review. In announcing its decision in February 2016, HSBC said that Asia remained “at the ... ( read original story ...)

HSBC had drawn every one of its previous 21 top executives from its own ranks over its 152-year history, according to the bank’s records. Flint and other internal candidates had sought to persuade Tucker, the 59-year-old former CEO of Hong Kong-based ... ( read original story ...)

London-based HSBC Holdings (0005) today named a veteran insider, John Flint (pictured) as its chief executive from February 21. Flint succeeds Stuart Gulliver who is retiring. Between 1998 and 2004, Flint has served in various roles in global markets ... ( read original story ...)

Shares of Hongkong and Shanghai Hotels Ltd (HKG ... The index is operated by a unit of Hang Seng Bank called Hang Seng Indexes Company. Hang Seng Bank is a publicly traded company on SEHK and it is one of the largest by market cap. HSI was first published ... ( read original story ...)

Andy Mukherjee is a Bloomberg Gadfly columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Hong Kong is needlessly ... ( read original story ...)

Helen Wong, Group General Manager of HSBC Group and Chief Executive for Greater China, The Hongkong and Shanghai Banking Corporation Limited, with the Best Overall International Bank for BRI award at Asiamoney Awards 2017 in Beijing, China, September 26. ( read original story ...)

China’s Ministry of Finance has revealed plans to sell US$2 billion worth of dollar-denominated sovereign bonds in Hong Kong, its first dollar bond offering ... said Wu Qiong, an analyst at BOC International. The ministry’s bond sale comes ahead ... ( read original story ...)

Meanwhile, double-digit growth in export receipts were recorded from trade partners in Asia such as Hong Kong (21.9 percent), Thailand ... financed modernization plan for the Bureau of Customs (BOC). This can boost BOC’s efficiency, effectiveness ... ( read original story ...)

Hong Kong’s stock market had erased earlier gains by lunchtime, as Chief Executive Carrie Lam Cheng Yuet-ngor’s failure to detail land supply measures in her policy speech sent property stocks tumbling. Mainland markets finished the morning mixed. ( read original story ...)

Hong Kong equities slipped from last week’s record highs on Monday as investors chose to take profits. But share prices bounced back with strong momentum, provided by technology and property stocks. HSBC emerged as the biggest gainer of the day ... ( read original story ...)

HONG KONG—Hong Kong’s securities regulator is investigating 15 financial firms for what it called substandard work while arranging initial public offerings, a senior official said Wednesday. Thomas Atkinson, head of enforcement at Hong Kong’s ... ( read original story ...)