HSBC reported an unexpected US$400 million loss linked to a fraud case in Britain on Tuesday, causing it to slightly ...
HSBC profits fall slightly despite strong wealth and Hong Kong business growth
HSBC’s pre-tax profits fell marginally in the opening quarter, the lender has revealed.The UK-based bank’s quarterly profit before tax fell to 9.4 billion dollars (£6.96 billion), down from 9.5 ...
HSBC profit underwhelms on unexpected $400 million private credit loss
By Selena Li and Lawrence White HONG KONG/LONDON, May 5 (Reuters) - HSBC reported an unexpected $400 million loss linked to a fraud case in Britain on Tuesday, causing it to slightly undershoot ...
HSBC profit flat as Middle East provisions offset wealth growth
Credit impairment charges rose 44 per cent to US$1.3 billion, driven by provisions linked to the Middle East conflict and UK fraud exposure.
HSBC’s darkest scenario: Stock markets down 35% and oil at $145
HSBC Holdings on Tuesday said it’s made a big push into digital assets, including a tokenized gold product that’s already seen $1 billion in value traded, as the bank’s stock slumped on unexpectedly ...
HSBC’s school fees review more to do with changing ‘colonial culture’ than cutting costs
HSBC’s decision to review whether it will continue paying school fees for the children of its senior staff in Hong Kong is as much to do with modernising the bank as it is to do with cost-cutting, say ...
HSBC posts flat quarterly net profit
The London-based bank said first-quarter net profit was largely flat as higher credit charges amid the Middle East conflict offset the strength in its Hong Kong, U.K. and wealth businesses.
China’s Impact Therapeutics seeks up to $117 million in Hong Kong IPO, term sheet shows
SINGAPORE, May 5 (Reuters) - Impact Therapeutics, a Chinese cancer-drug developer, aims to raise up to $117 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters on ...
Three-Circle Seeks to Raise up to $1 Billion in Hong Kong Listing, Sources Say
Chaozhou Three-Circle Group, a Chinese maker of small ceramic components used in phones, cars, data centres and telecom equipment, aims to raise up to $1 billion in a Hong Kong listing, two sources ...
Hong Kong eyes bigger AI role as markets brace for capex boost
Hong Kong is positioning itself as more than just China’s AI IPO hub, aiming to become an international headquarters for Asian AI firms, a legal and policy leader, and a bridge in global AI ethics ...
Liu Chang Promoted to Chief Financial Officer of BOC HONG KONG
BOC HONG KONG (02388.HK) website shows that Liu Chang has been promoted to Chief Financial Officer of the Group.Liu joined the Group in 2016. She joined Bank of China in 2000 and p... BOC HONG KONG ...
Liu Chang Promoted to Chief Financial Officer of BOC HONG KONG (02388.HK)
BOC HONG KONG (02388.HK) website shows that Liu Chang has been promoted to Chief Financial Officer of the Group.Liu joined the Group in 2016. She joined Bank of China in 2000 and p... BOC HONG KONG ...
Ant Group’s bank adds stock trading to Alipay app in Hong Kong
Move comes weeks after Ant Group strengthened foothold in city’s brokerage market through acquisition of stake in Bright Smart Securities.
Hong Kong Targets Crypto Fraud as Stablecoin Rules Move Toward Rollout
Hong Kong is moving deeper into regulated digital finance as stablecoin activity, fraud controls, and AI trading systems gain fresh attention. The city’s regula ...