HSBC's bosses will meet retail investors in Hong Kong on Tuesday, seeking to convince them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top ... ( read original story ...)
HSBC hard sells growth plan to disgruntled investors after rebuffing breakup
HSBC executives on Tuesday defended the lender's strategy to operate as a global bank and promised better returns to disgruntled individual shareholders in Hong Kong, a day after rebuffing a break-up ... ( read original story ...)
Meituan, JD.com drag Hong Kong stocks as China lockdowns cloud earnings outlook while traders await US inflation report
Sporadic lockdowns have dissipated all of the stock gains from Shanghai reopening in June, leaving market bulls frustrated US inflation data due on Wednesday keeps market focus on Fed policy amid ... ( read original story ...)
Hong Kong Stock Market Has Flat Lead For Tuesday’s Trade
The Hong Kong stock market on Monday wrote a finish to the three-day winning streak in which it had advanced more than 510 points or 2.5 percent. The Hang Seng now rests just beneath the 20,050-point ... ( read original story ...)
HKMA buys HK$2.98 billion from market as currency hits weak end of trading band
Hong Kong's de-facto central bank bought HK$2.975 billion ($378.99 million) from the market in New York trading hours to stop the local currency from weakening and breaking its peg to the U.S. dollar. ( read original story ...)
Hong Kong’s Intelligent Living stock jumps 42% after rallying 64% in prior session
Shares of lockset maker Intelligent Living Application Group (ILAG) rallied for the second straight session amid renewed investor interest in Chinese stocks ... ( read original story ...)
Hong Kong online brokerage TOP Financial sees stock soar 97%
Hong Kong-based online brokerage TOP Financial Group (TOP) saw its shares soar 97% Monday. TOP shares opened at $10.52, hitting a high of $23 mid-morning ... ( read original story ...)
Hong Kong Quarantine Reduction Met With Calls to Go Even Further
Hong Kong took a much anticipated step to reduce mandatory hotel quarantine for international travelers as the city seeks to restore its position as a financial hub and revive its economy. ( read original story ...)
Hong Kong retail, catering sectors see boost from second phase of consumption voucher
Hong Kong’s retail sector has seen a slight boost in business as most residents received HK$2,000 in electronic vouchers under the consumption voucher scheme. But many refrained from buying expensive ... ( read original story ...)
HSBC HK bands together stars from MIRROR, ERROR and COLLAR
HSBC and Wunderman Thompson Hong Kong have joined hands in creating a “SUMMERverse” experience for this year’s HSBC Red Hot Festival. The partnership aims to break boundaries with a holistic marketing ... ( read original story ...)
HSBC Names Patrick Boumalham New Global Head of Wealth Sales
HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a ... ( read original story ...)
HSBC seeks to placate Hong Kong investors after rejecting break-up call
HSBC's bosses met retail investors in Hong Kong on Tuesday, urging them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top shareholder Ping An ... ( read original story ...)
HSBC’s headquarters should be in Hong Kong instead of the UK, says Hong Kong district councilor
Christine Fong, a councilor for Hong Kong's Sai Kung district, says that's important for risk management in the face of the Russia-Ukraine war and inflation. ( read original story ...)
Hong Kong Cuts Hotel Quarantine for Incoming Travelers to 3 Days
Hong Kong will shorten the Covid-19 hotel quarantine period for all arrivals to three days from the earlier seven days. ( read original story ...)