Hong Kong IPO bankers aren’t getting much of a break this summer. The city’s market for initial public offerings is in the middle of its biggest summer on record, despite a slumping benchmark stock in... ( read original story ...)
Bluestein R H & Company Upped Newell Brands (NWL) Stake By $990,000; BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (BNKHF) SI Decreased By 22.82%
Bluestein R H & Company increased Newell Brands Inc (NWL) stake by 396% reported in 2018Q1 SEC filing. Bluestein R H & Company acquired 39,600 shares as Newell Brands Inc (NWL)’s stock declined 9.20%. ... ( read original story ...)
Rising costs and U.S. settlement crimp HSBC’s first-half profit
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement ... ( read original story ...)
Journalists in Hong Kong defy gov’t request to cancel speech
HONG KONG – A journalists' association in Hong Kong says it will defy the Chinese government and follow through with a planned speech by a pro-independence activist that has become a mounting politica... ( read original story ...)
Japan’s Universal says former chairman Okada arrested in Hong Kong
He was also ousted as a director of Hong Kong investment company Okada Holdings ... Universal shares closed 5.6 percent lower after the news, which was released minutes before the market closed. The b... ( read original story ...)
HSBC posts small rise in first-half profit, as expenses, U.S. settlement weigh
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million provision a... ( read original story ...)
Hang Seng Bank beats expectations to report 29 per cent increase in interim profit
Hang Seng Bank, a subsidiary of HSBC, Hong Kong’s largest bank, on Monday reported a better than expected increase in net profit for the first half of 2018, which rose by 29 per cent thanks to higher ... ( read original story ...)
China Urges Hong Kong Journalist Club to Cancel Activist Speech
Hong Kong’s top foreign journalists’ club has found itself at the center of a battle over Beijing’s encroachment on the city’s freedoms, as Chinese officials pressed the group to cancel a speech by an ... ( read original story ...)
Hong Kong stocks can’t escape US-China trade war’s ‘very long shadow’
Hong Kong's stock market is set to welcome a pair of big new listings this week, but the overall investor mood is likely to remain cool until the United States and China stop fighting over trade. The ... ( read original story ...)
Hong Kong home prices to face deflation trend by end of year, analysts say
According to Centaline Mortgage Broker, local banks will likely lift their prime rate in September, reflecting the first increase in 12 years. Citibank has forecast that Hong Kong new home prices coul... ( read original story ...)
HSBC first-half pretax profit rises 4.6 percent, second quarter beats estimates
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy ... ( read original story ...)
HSBC first-half pretax profit rises 4.6 pc, second-quarter beats estimates
HSBC reported a pretax profit of USD 10.7 billion in the six months through June, up from USD 10.2 billion. Hong Kong: HSBC Holdings Plc said on Monday its pretax profit rose 4.6 percent for the first ... ( read original story ...)
HK stocks higher, HSBC climbs ahead or earnings
Hong Kong shares were higher at mid day today. The Hang Seng Index was up by, 0.70 percent 193.75 points at 27,870.07. Shares in HSBC Holdings (0005) gained by 1.52 percent to HK$73.40 ahead of earnin... ( read original story ...)
HSBC reports 6 per cent jump in second-quarter profits as it launches new strategy to boost its game
HSBC is one of three lenders that issue bank notes in Hong Kong. It employs more than 228,000 people in 67 countries worldwide and its shares are widely held by retail investors in Hong Kong. HSBC spe... ( read original story ...)