China's finance ministry has previously issued government bonds in Hong Kong, but the sale announced on Wednesday will be China's first-ever sale of central bank bills in the territory. In October 201... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) To Continue Losing Streak
The Hong Kong stock market has finished lower in four straight sessions, tumbling more than 1,425 points or 5.6 percent along the way. The Hang Seng Index now rests just beneath the 24,720-point plate... ( read original story ...)
Lawmaker seeks removal of Finance Committee chair after remarks on Lantau development
Last week, Finance Committee Chair Chan Kin-por said that funding ... See more: Interview: Retired gov’t planner says he has ‘ultimate solution’ to Hong Kong’s land shortage – and it’s not Lantau Clau... ( read original story ...)
Hong Kong shares slip amid worries about more US tariffs
BOC Hong Kong Holdings slid 4.4%, leading percentage losses on the gauge, after the lender reported a 4% decrease in third-quarter operating profit. Bank of China (BOC) added 1.5% following a 5.7% ... ( read original story ...)
BOCHK slips but parent gains
BOC Hong Kong's (2388) operating profit before impairment allowances for the third quarter was HK$9.76 billion, down 4 percent from the second quarter while profit for the first three quarters was up ... ( read original story ...)
Hong Kong urged to support reform
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 ...)