the Hongkong and Shanghai Banking Corporation, Hang Seng Bank as well as BOC Hong Kong (2388) and other local lenders have put out commission-free promotions for A-share purchases.HSBC is an aggressive play... Banks joined brokers to provide discounts to ... ( read original story ...)
Bank looks to spread Christmas cheer with toy collection drive for Hong Kong’s underprivileged children
Christmas is about more than receiving presents, but in an ideal world no child would wake up on December 25 without at least one gift-wrapped toy waiting under the tree. For the 19th consecutive year, Bank of America Merrill Lynch is working to help ... ( read original story ...)
Citi vs Stan Chart vs HSBC: where are their Singapore jobs?
HSBC, Standard Chartered, Citi: they are arguably three of the Western banks most entrenched in the Asian region. The first two generate most of their profits from Asia, while Citi http://news.efinancialcareers.com/sg-en/267219/citi-jobs-hong-kong/ HSBC ... ( read original story ...)
HSBC launches its first credit cards in China
Along with HSBC’s expansion in the Pearl River Delta, Hong Kong banks’ exposure in China has increased this year. Exposure to China stood at 27.6 per cent of Hong Kong’s system-wide assets at the end of June, according to figures from Fitch ... ( read original story ...)
Hong Kong in danger of losing its renowned entrepreneurial spirit
The Post recently featured a story about three young Hong Kong entrepreneurs who decided to cross the border to set up business in the Qianhai free-trade zone in Shenzhen. One of them was rejected by the entrepreneur programmes at Cyberport and Hong Kong ... ( read original story ...)
Hong Kong finance chief calls for defence of ‘core values’ after revealing he is mulling leadership run
Hong Kong finance chief John Tsang Chun-wah has said the city must defend its core values such as freedom and the rule of law, in a blog post on Sunday that read more like an election pitch as he mulls a run at the city’s top job. In his weekly blog ... ( read original ...
Vast distances and ‘terrible internet’ a part of doing business in ‘One Belt, One Road’ countries
Speaking during a panel discussion at the South China Morning Post’s China Conference in Hong Kong on Friday, Chan shared his pioneering experience by saying the priority task before doing business with countries along the trade route was to be well ... ( read original story ...)
HSBC : Statement on the Bank of England 2016 stress test results – Announcement made to the HK stock exchange (3-page PDF 157KB)
HSBC Holdings plc ('HSBC') notes the publication today of the results of the Bank of England's 2016 concurrent stress test exercise. The Bank of England's results show that, under the hypothetical stress scenario, HSBC's common equity tier 1 ('CET1') ratio ... ( read original story ...)
The thought of 'Father Christmas' payout should cheer up investors
"Hui Fung" is, of course, the commonly known Chinese name for HSBC - Hong Kong's largest bank. The rationale is that HSBC is known to have the tradition of delighting its shareholders with a fat final dividend payout to usher in each New Year. That "bonus ... ( read original story ...)
How to pick a winner in the Shenzhen-Hong Kong Stock Connect
head of China and Hong Kong equity strategy for HSBC. It has 385 consumption-related companies, accounting for 57 per cent of the listed companies in this industry, and 196 information technology (IT) firms, comprising 78 per cent of the industry. ( read original story ...)
HSBC : Third interim dividend for 2016 – Announcement made to the HK stock exchange – English (1-page PDF 80KB)
On 3 October 2016, the Directors of HSBC Holdings plc declared the third interim dividend for 2016 of US$0.10 per ordinary share. The dividend is payable on 6 December 2016 to holders of record on 21 October 2016 on the Principal Register in the United ... ( read original story ...)
Hong Kong moves to disqualify pro-democracy legislators
Hong Kong's government is moving to disqualify four pro-democracy lawmakers from parliament. The government is launching legal challenges against Nathan Law, Edward Yiu, Lau Siu-lai and Leung Kwok-hung, arguing that the oaths they took when being sworn in ... ( read original story ...)
Hong Kong MP Nathan Law predicts political demise hours before new Government legal action
Hong Kong's youngest MP, Nathan Law, predicted the possible demise of his political career to the ABC just hours before news broke that he was among the latest group being targeted by the territory's leaders. Hong Kong's Government began legal action ... ( read original story ...)
Britain values its business ties with Hong Kong thanks to the freedoms enshrined in the Basic Law
Many commentators call the 21st Century the Asian Century. In the 1700s Asia’s share of global GDP was nearly 60%. Today it is just under 30% and rising. And most forecasters predict that this will grow to over 50% by 2050. Asia was, is and will remain ... ( read original story ...)