Tag: finance

Hong Kong will begin handing out HK$5,000 ($644) spending vouchers to residents from August to help boost consumption in the pandemic-hit economy. Those eligible will be able to register for the ... ( read original story ...)

HSBC on Friday said it will incur a hefty charge with the sale of its French retail banking operations to French lender My Money Group. It comes as ... ( read original story ...)

In oncology, a flush of Chinese-developed drugs has the biopharma industry rethinking the poles of power in R&D as the blossoming nation continues to make a name for itself and pick up bundles of cash ... ( read original story ...)

Cleaning up can be costly. That's the lesson from HSBC (HSBA.L), (0005.HK) Chief Executive Noel Quinn's possible sale of his French retail network to a company backed by Cerberus Capital Management . ( read original story ...)

C HSBC Holdings PLC 18 June 2021. Following a strategic review of HSBC's retail banking activities in France, HBCE has today signed ... ( read original story ...)

One of Apple Inc.’s biggest glass suppliers is hoping to become a smash hit on the Hong Kong stock exchange, according to reports. Biel Crystal Manufactory Ltd., a maker of touch screens, is looking ... ( read original story ...)

Hong Kong's Biel, a supplier of touch screens for the iPhone 12 range and more, is reportedly considering an initial public offering which could see it raising up to $2 billion. ( read original story ...)

HSBC PLC has been upgraded by analysts at US bank JP Morgan, who see the interest rate environment swinging in its favour. The US bank says HSBC and also Asia-focused rival Standa ... ( read original story ...)

HSBC Holdings said its Asia-Pacific Chief Executive Peter Wong is retiring and it has appointed two veteran bankers to take over the running of its business in the region. ( read original story ...)

Analysts at JPMorgan upgraded banking giant HSBC from underweight to 'neutral' on Friday despite it having "notably underperformed" the European Banks sector over the past year. ( read original story ...)

Singapore and Hong Kong, among the world’s most open economies, have practically shut their doors for more than a year to keep Covid-19 in check. But as the U.S. and Europe emerge from the pandemic, ... ( read original story ...)

"We are confident in both their abilities to elevate our services and drive increased business performance for HSBC,” said Clement Chung, PHD CEO. ( read original story ...)

Richard Li, the entrepreneurial son of tycoon Li Ka-shing, plans to list his pan-Asian insurer FWD in New York instead of the city where he’s a familiar face to investors. He is sacrificing both brand ... ( read original story ...)

Five hundred Hong Kong police officers sifted through reporters' computers and notebooks at pro-democracy tabloid Apple Daily on Thursday, the first case in which authorities have cited media articles ... ( read original story ...)