Tag: finance

In a statement to the Hong Kong stock exchange the banking giant reported pre-tax profit in July-September had jumped from $2.3 billion to $5.4 billion while profit after tax came in at $4.2 billion, ... ( read original story ...)

Reported pre-tax profit for the third quarter is forecast to jump 22.8% on year to $3.776 billion, according to analyst estimates compiled by HSBC. ( read original story ...)

The Negative Outlook on The Hongkong and Shanghai Banking Corporation Limited's (HKSB) Long-Term Issuer Default Rating (IDR) mirrors the Outl ... ( read original story ...)

In an open letter to Paul Chan, Hong Kong's financial secretary, on Monday, Asifma called for a clear roadmap for exiting the city's 'zero-case' Covid strategy. Among the top financial cities in the ... ( read original story ...)

Zhuhai Wanda Commercial Management Group, the property servicing arm of Dalian Wanda Group, has filed for a Hong Kong stock exchange listing and, according to Chinese media reports, is seeking to ... ( read original story ...)

A financial industry group warned on Monday that Hong Kong's zero-COVID policy and strict quarantine requirements for international travellers threatens to undermine the city's status as a financial ... ( read original story ...)

HSBC, Standard Chartered – two of Hong Kong’s biggest banks – previously said they have little to no direct exposure to troubled China Evergrande Group. ( read original story ...)

The Hong Kong Association of Banks with “input” from The Hong Kong Monetary Authority. Lenders operating in the city will need to report clients who they know or suspect are committing offenses ... ( read original story ...)

The HSBC (LON: HSBC) share price will be in focus on Monday morning as the company publishes its quarterly results. The stock has risen in the past six straight days and is trading at the highest it ... ( read original story ...)

The program will provide hands-on experience to the students by enabling them to take on real and challenging responsibilities at the bank ... ( read original story ...)

Rupert Hargreaves explains why he thinks the HSBC share price is considerably undervalued compared to its growth potential. ( read original story ...)

Yet, as trillions of dollars are traded regularly through crypto exchanges founded in Hong Kong, the “Vertical City” also contains an abundance of physical over-the-counter crypto shops as well. Henri ... ( read original story ...)

Commission today launched InnoCarnival 2021 to showcase an array of the latest local innovations and research achievements. Officiating at the event's opening ceremony, Financial Secretary Paul Chan ... ( read original story ...)

Veteran investment banker-turned-entrepreneur Falguni Nayar, who has led scores of Indian companies to public listings as a banker, is now pursuing an IPO of her own as at a valuation of $7 billion to ... ( read original story ...)