The payment date is set for 6 June. Hang Seng Bank has announced a first interim dividend of HK$1.2 per share for Q1 2024. The payment date has been set for 6 June, the Hong Kong-baesd bank said in an ...
Hong Kong court overturns convictions of broker and 3 executives in alleged scheme to defraud Convoy of HK$51 million
Court of Appeal clears three executives of two charges of conspiracy to defraud and quashes conviction of fourth defendant.
Bitcoin price plunges below $60K following Hong Kong ETF launch
The launch of bitcoin and ether ETFs in Hong Kong was met with underwhelming interest and the bitcoin price fell shortly afterward.
HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant
HSBC Holdings’ (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
SocGen Hong Kong traders left bank after unauthorised bets uncovered, source says
PARIS, April 30 (Reuters) - Two Hong Kong-based traders at Societe Generale (SOGN.PA) , opens new tab left the French bank late last year after the group uncovered a string of unauthorised bets made ...
Deal Analysis: Lianlian Digitech’s HK$657.15m IPO
While a smaller size signalled a yet-to-rebound Hong Kong stock market, Lianlian is the first fintech firm to be approved by the CSRC since its registration-based new rules.
Hong Kong’s negative equity mortgage cases rise to 20-year high
Cases of negative equity in Hong Kong's residential mortgage loans rose 27% in the first quarter from the previous one to the highest in 20 years, the city's de facto central bank said. Hong Kong's ...
HSBC CEO announces surprise retirement
HSBC has announced 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.
HSBC Chief Quinn, architect of sweeping overhaul, 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 ...
Hong Kong stocks are back from the dead. Here’s why
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.