Tag: finance

By Clarence Leong HSBC Holdings PLC reported third-quarter results on Tuesday. This is what we watched: NET PROFIT: The Asia-focused bank posted net ... ( read original story ...)

The Asia-focused lender on Tuesday posted $1.91 billion net profit for the three months to Sept. 30, down from $3.54 billion in the year-earlier period. ( read original story ...)

HSBC delivered higher than expected profits on the back of rising interest rates in the third quarter and announced changes to its leadership with the appointment of a new chief financial officer. The ... ( read original story ...)

From cancelled Sevens in 2020 and 2021 to an event proceeding under pandemic constraints, the Post recaps a testing three years. ( read original story ...)

SMEs need only share their commercial information in the Commercial Data Interchange. Hang Seng Bank has partnered with QFPay HK to offer faster financing to small and medium enterprises (SME) ... ( read original story ...)

Hong Kong stocks were volatile and mainland China markets continued to slide Tuesday, while other major Asian markets rose. ( read original story ...)

Almost all shares in the Hang Seng Index were trading lower, but Chinese technology stocks were particularly hard hit. ( read original story ...)

Most family offices and high net worth individuals from Hong Kong and Singapore have taken to digital assets, shrugging off the volatility in the sector, according to a new report. ( read original story ...)

In Hong Kong, the Hang Seng tumbled 950 points. The key index was still trading at the time of writing but was revisiting lows not seen since the Global Financial Crisis in 2008/9. In mainland China, ... ( read original story ...)

Investment analysts at Jefferies Financial Group increased their FY2024 earnings estimates for shares of BOC Hong Kong in a note issued to investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)

The selloff in Hong Kong came after President Xi Jinping filled his leadership team with loyalists, a concentration of power that could risk China's economic recovery. ( read original story ...)

Hong Kong stocks plunged five per cent to a 13-year low today as investors were spooked by Chinese President Xi Jinping’s decision to hand key ... ( read original story ...)

Hong Kong stocks opened sharply lower on Monday and the yuan weakened after the membership line-up of China's governing body heightened fears that Xi Jinping will double down on ideology-driven ... ( read original story ...)

Hong Kong's biggest banks increased their prime rate for the first time in four years in September Questions remain about how slowing growth, particularly in China, could affect bank bottom lines In ... ( read original story ...)