Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, said its first-quarter profit reached a record high, thanks to more new listings and increased turnover. Net ...
Demand for Chinese stocks lifts Hong Kong exchange’s profits
The exchange also continued to play its role in the internationalisation of Chinese assets. It now permits Chinese government and policy bank bonds held through the Bond Connect scheme — which allows ...
Hong Kong stocks mirror contraction in China PMI data
China’s April PMI falls to 49 from 50.5 in March and short of the consensus estimate of 49.7 Hong Kong stocks fell on Wednesday after an official report showed manufacturing in China contracted in ...
Liuliu Offers ‘Plum’ Investment With Hong Kong IPO Plan
To facilitate the buyout, Liuliu sought support from two sources tied to the government in its hometown of Wuhu, receiving 40 million yuan and 35 million yuan from the Huaan Fund and the Xingnong Fund ...
HKEX, SFC reportedly engage with some firms on return intention of overseas-listed Chinese firms
The Hong Kong Exchanges and Clearing Limited (HKEX) and the Securities and Futures Commission (SFC) of Hong Kong have engaged with certain companies concerning the potential return of overseas-listed ...
China Market Update: Robotics Ecosystem Outperforms, IPOs Are On The Rise In Hong Kong
Asian equities were mixed but mostly higher overnight as Thailand and Taiwan outperformed while Malaysia and Singapore underperformed.
Bank of China Q1 profit falls 2.9%
Bank of China (BoC) reported a 2.9% fall in net profit in the first quarter, according to a filing on Tuesday. Profit was 54.364 billion yuan ($7.48 billion) in the three months ended March 31, ...
BOC Hong Kong (Holdings) Limited
Click the link below to download a spreadsheet with an example Revenue calculation for BOC Hong Kong (Holdings) Limited below: The chart above depicts the distribution of Revenue for companies ...
HSBC launches US$3 billion buyback after Q1 profit drops 25%, raises tariff alarm
HONG KONG] HSBC launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday (Apr 29), and warned of a possible hit to loan demand and credit quality in ...
HSBC sounds Trump tariff alarm, taking shine off Q1 profit beat and buyback
By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump's global ...
HSBC launches $3 billion buyback after Q1 profit drop, raises tariff alarm
HSBC launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit on Tuesday, and warned of a possible hit to loan demand and credit quality in the face of U.S. President ...
HSBC sees up to $1.6 billion in loss on China bank stake reduction
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the Chinese bank's fundraising by ...
HSBC Q1 profit drops 25%; launches US$3 billion buyback
The bank reported US$900 million in expected credit losses for the quarter to reflect heightened economic uncertainty. Read more at straitstimes.com. Read more at straitstimes.com.
HSBC set on US$3b share buyback as profit falls 25pc
HSBC launched a US$3 billion share buyback after reporting a 25 percent fall in first-quarter profit on Tuesday and warned of heightened business ...