Hong Kong should play a meaningful role in China's financial reform and development in the new era, says Joseph Yam Chi-Kwong, the executive vice president of the China Society for Finance and Banking ... ( read original story ...)
HSBC shares rally as results top forecasts
HONG KONG -- HSBC Holdings PLC said it reined in costs and beat analysts profit estimates for the third quarter, sending its shares sharply higher early Monday The bank reported pretax profit growth i... ( read original story ...)
HSBC’s Flint sees ‘positive jaws’ target on track after third-quarter profit beats view
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc posted a higher-than-expected 28 percent rise in third-quarter profit as a renewed push to rein in costs and market share gains in its mainstay Asian ... ( read original story ...)
Cost control helps HSBC to spring surprise with strong profit growth
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a higher-than-expected 28 percent rise in quarterly profit on Monday, showing progress in its battle to control costs and shaking off ... ( read original story ...)
HSBC reins in costs to post 28 percent jump in third-quarter profit, beating forecasts
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc’s renewed push to rein in costs and boost its share of business in the mainstay Asian region helped the lender post a better-than-expected 28 ... ( read original story ...)
HSBC’s third-quarter earnings beat estimates, boosting CEO’s plan to revitalise Europe’s largest bank
HSBC’s shares closed up about 1 per cent to HK$61.05 in trading in Hong Kong before the midday close and ahead of the announcement. Wall Street banks, including JP Morgan, Goldman Sachs and Morgan Sta... ( read original story ...)
HSBC profit up 32% on retail, commercial banking
HONG KONG--HSBC Holdings Plc HSBC, -1.23% reported a 32% on-year rise in third-quarter net profit, thanks to strong growth in its retail- and commercial-banking and wealth-management businesses. The U ... ( read original story ...)
HSBC Stock Up On Strong Q3 Results, Profit Growth View
Shares of HSBC Holdings Plc (HSBC,HSBA.L) increased more than 4 percent in Hong Kong and London trading after the Asia-focused lender reported Monday significant growth in its third-quarter earnings a... ( read original story ...)
HSBC third quarter profit rises 28 percent on lower costs, beats forecasts
HONG KONG (Reuters) - HSBC Holdings Plc reported on Monday a better-than-expected 28 percent rise in quarterly profit before tax, bolstered mainly by the lender's Asia business and better con... ( read original story ...)
HSBC’s Shares Surge as Bank Shows Progress Taming Its Costs
Flint also said the bank’s appetite to do business in other geographies including Saudi Arabia remains unchanged despite the recent controversy over the murder of journalist Jamal Khashoggi. Read more ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) bumpy ride this week
Hong Kong’s benchmark Hang Seng Index closed on Friday at a fresh 18-month low 24,717.63, down 276.83 points, or 1.11 per cent. It finished the week with a 3.3 per cent decline. Overall, the bias in p... ( read original story ...)
The H in HSBC Is Looking a Bit More Vulnerable
(Bloomberg Opinion) -- Watch out HSBC Holdings Plc. The digital banking revolution is coming for all the easy money the U.K.-based bank has long taken for granted. Hong Kong was HSBC’s ... ( read original story ...)
Vietnam Finance Co. Ltd in Hong Kong marks 40th anniversary
The Vietnam Finance Company Limited (VFC) in China’s Hong Kong, the first overseas financial institution of Vietnam, marked its 40th founding anniversary on October 26. Hong Kong accommodates many lea... ( read original story ...)
STX Calls Off Hong Kong IPO
The studio had hoped to raise up to $500 million of new capital. STX Entertainment has abandoned plans to list on the Hong Kong Stock Exchange. The studio's IPO filing lapsed on Thursday and is now li... ( read original story ...)