Hong Kong’s benchmark Hang Seng Index has surged more than 7% in April as the best-performing major index in the world. It’s now heading into a bull market, rebounding nearly 20% from its January low.
HSBC Chief Executive Quinn announces surprise retirement
HSBC said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe.The ...
HSBC announces CEO Quinn’s retirement, first-quarter profit drops 1.8%
By Selena Li and Lawrence White HONG KONG (Reuters) -HSBC Chief Executive Noel Quinn will retire, it said on Tuesday, in a surprise departure from the bank that he has overhauled in the past five ...
HSBC boss Quinn to depart after ‘intense’ five years as profits ease
Shares were flat in Hong Kong in the wake of HSBC's announcements which included a rise in the pace of share buybacks despite the weaker profits performance.
HSBC chief Noel Quinn unexpectedly steps down after nearly five years
HSBC has unexpectedly announced that its group chief executive Noel Quinn will retire after almost five years in the role and has started searching for a successor to lead Europe's largest bank.
HSBC Says Chief Executive Noel Quinn ‘To Retire’
Banking giant HSBC said Tuesday that chief executive Noel Quinn would retire after overseeing a "successful transformation" of the firm and record profits during almost five years in charge.
HSBC boss to step down unexpectedly
The boss of HSBC has announced he is unexpectedly retiring after five years in the job. Noel Quinn will remain in place until the bank finds a successor, with Europe’s largest bank considering ...
HK bankers earn more than city-state peers
SINGAPORE: Hong Kong bankers enjoyed higher base salaries and bonuses in 2023 compared with their peers in Singapore, some of whom suffered the harshest cuts in the Asia-Pacific.
Hong Kong Set to Begin Trading of Officially Approved Bitcoin and Ether ETFs on April 30
Hong Kong is set to mark a significant milestone in its financial market on April 30, with the launch of its first spot Bitcoin and Ether exchange-traded funds (ETFs). This development follows the ...
Manulife and Standard Chartered HK team up for private banking
Manulife Hong Kong and Macau (Manulife) and Standard Chartered Bank (Hong Kong) have formed a distribution relationship. With immediate effect, Manulife is now providing Standard Chartered Hong Kong's ...
Hong Kong stocks rise, end on the cusp of bull market after longest winning streak since October on earnings optimism
Hong Kong stocks closed near bull market territory after corporate earnings continued to surprise on the upside with property sector support measures on mainland China adding to the momentum.
Hong Kong rallies close to bull market territory
After a weak start to the year, the Hang Seng index entered a technical bull market during the day on Monday, touching a level 20 per cent above its January low, with an influx from international ...
Manulife and Standard Chartered Hong Kong Announce Distribution Partnership for Private Banking
Manulife Hong Kong and Macau ("Manulife") and Standard Chartered Bank (Hong Kong) Limited ("Standard Chartered Hong Kong") are pleased to announce the launch of a distribution partnership. With ...
China’s New Plan to Boost Hong Kong IPOs Faces Major Hurdles
China’s vow to encourage the nation’s leading companies to list in Hong Kong is helping spur a rare surge in the $5 trillion stock market, but dealmakers aren’t ready to turn optimistic. The Hang Seng ...