HSBC gets approval for China securities joint venture

HSBC has received approval from regulators to set up a majority-owned securities joint venture in China, the first for a foreign group in the country. Hong Kong-based Bank of East Asia was also granted approval by the China Securities Regulatory Commission ... ( read original story ...)

HSBC on track to report big jump in second quarter profit

HSBC’s shares have risen 49 per cent in the past year, as of its close at HK$76.7 on Tuesday. HSBC, the biggest lender in Hong Kong and Europe, is expected to report a 17 per cent year on year rise in unadjusted net profit growth in the second quarter to ... ( read original story ...

A numismatic tour of Hong Kong

the Hongkong and Shanghai Banking Corporation (HSBC), the Standard Chartered Bank, and the Bank of China. The notes share identical colors between the three banks, but the designs are noticeably different. Now, let’s presume you find yourself in Hong ... ( read original story ...)

Hang Seng tops 27,000, its highest level in 25 months

Hong Kong’s Hang Seng Index briefly topped the 27,000 level ... The banking giant is scheduled to release interim results next Monday. Hang Seng Bank briefly hit 10-year high at HK$166.6. It traded at HK$165.5 at 10.15am, slightly down from Tuesday ... ( read original story ...)