Read more: Got an HSBC account? It’s time to show your support for the people of Hong Kong According to the FT, managers are likely to also recommend trimming HSBC’s investment bank client roster to ... ( read original story ...)
HSBC webinar discusses higher education in UK and Australia
The webinar was organised to discuss the changed landscape of international education post COVID-19 pandemic and also the impact it has had on the higher education ecosystem. ( read original story ...)
HSBC Considers Exit From U.S. Retail Banking, FT Says
HSBC Holdings Plc is considering an exit from U.S. retail banking, according to a report by the Financial Times. ( read original story ...)
HSBC weighs exit from U.S. retail banking – FT
HSBC (NYSE:HSBC) is considering exiting the retail banking business in the U.S. in a move that would reallocate resources to more profitable businesses in Asia, the Financial Times reports, citing two ... ( read original story ...)
Big Names Line Up for IPOs as 2020 Draws to a Close
Airbnb, Door Dash, Roblox, and a number of other start-ups file for December initial public offerings. Some are profitable and well known; others are not. It’s an exciting way to end a pandemic year. ( read original story ...)
‘I have piles of cash at home… I don’t have a bank account,’ says Hong Kong’s Carrie Lam after US sanctions
Chief Executive Carrie Lam has said that she has been forced to keep piles of cash around her home after she was sanctioned by the US. © Hong Kong Free P ... ( read original story ...)
Hang Seng tech ETF to launch in Singapore
Lion Global Investors and OCBC Securities have partnered to launch Singapore’s first technology-focused exchange traded fund, rolling out a new ETF that tracks the recently launched Hang Seng Tech ... ( read original story ...)
Hong Kong stocks close at 9-month high on upbeat China data
Hong Kong stocks ended at a nine-month high on Friday, gaining for the fourth week in a row, tracking mainland strength as upbeat profits from industrial firms pointed to a continued recovery in China ... ( read original story ...)
All gov’t workers to pledge loyalty to Hong Kong in one go
All civil servants in Hong Kong are to declare allegiance to the city in one go, Secretary for Civil Service Patrick Nip announced on Thursday. He said that pledging loyalty was a “basic requirement” ... ( read original story ...)
Hong Kong stocks favoured by mainland Chinese investors who invade market with US$77 billion of purchases
Many mainland Chinese may have given Hong Kong a miss amid travel restrictions. They are, however, invading the local stock market in search for higher returns. Onshore investors have snapped up ... ( read original story ...)
Evergrande Unit Poised to Price Hong Kong IPO at HK$8.80
China Evergrande Group’s property management arm is set to price the Hong Kong initial public offering of Evergrande Property Services Group Ltd. at HK$8.80 per share, below the mid-point of a ... ( read original story ...)
Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 billion
Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Share Price Crosses Above Fifty Day Moving Average of $15.86
Hang Seng Bank Limited (OTCMKTS:HSNGY) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $15.86 and traded as high as $17.89. Hang ... ( read original story ...)
Breakingviews – Lowly Europe bank values will outlast dividend ban
The decision to ban Europe’s banks from paying dividends this year is a strong candidate for the most maligned regulatory edict of recent years. Supervisors stopped payouts in an attempt to preserve ... ( read original story ...)