SINGAPORE/HONG KONG (Reuters) -Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An, urged a break-up of the London-headquartered bank in a bid to ... ( read original story ...)
Alibaba, JD.com, Xiaomi slide in Hong Kong while HSBC and Ping An advance amid calls to split bank’s Asian operations
Wild swings seen in prices of Chinese tech stocks following a massive rally on Friday amid speculation about an end to sector crackdown HSBC and Ping An Insurance jump amid reports calling for a break ... ( read original story ...)
Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate
Alibaba and the Jack Ma Foundation did not immediately respond to a request for comment. U.K.-based bank HSBC's stock in Hong Kong rose 1.85%. On Friday, Reuters reported HSBC's top shareholder ... ( read original story ...)
HSBC shares edge up after top shareholder urges bank’s break-up
SINGAPORE, May 3 (Reuters) - Shares in HSBC Holdings rose in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), called for a break-up of the ... ( read original story ...)
HSBC helps Hong Kong stocks to inch higher, Alibaba takes a spin
Hong Kong stocks edged higher on Tuesday, building on last Friday's gains, helped by index heavyweight HSBC which rose after its largest shareholder, Chinese insurance giant Ping An, called for a ... ( read original story ...)
PayMe and BOC Pay to join next phase of consumption voucher scheme
The Hong Kong government has added HSBC's PayMe and Bank of China (Hong Kong)'s BoC Pay in implementing the second phase of the consumption voucher scheme this year. There will be a total of six ... ( read original story ...)
HSBC shares set to open steady after top shareholder calls for bank’s break-up
SINGAPORE, May 3 (Reuters) - Shares in HSBC Holdings were set to open flat in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), called for a ... ( read original story ...)
HSBC shares outperform after top shareholder calls for bank’s break-up
SINGAPORE (Reuters) -Shares in HSBC Holdings edged up in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An, called for a break-up of the London-based bank. ( read original story ...)
‘The worst is over’ for Hong Kong’s shops segment, with rents and prices to recover on better consumer sentiment
Hong Kong’s retail landlords bank on emerging concepts like art exhibitions, delivery-only kitchens to lease vacant shops Meanwhile, the city recorded 288 shop transactions in the first three months ... ( read original story ...)
HSBC and Ping An log early gains as investors await ‘debate’ about insurer’s push to split the bank’s Asia business for a Hong Kong listing
... HK$51.90 in recent transaction HSBC and Ping An Insurance Group logged early gains in Hong Kong trading amid a developing tussle between the city's largest bank and its biggest shareholder for a ... ( read original story ...)
Chinese threat to HSBC: It’s up to the board, regulators and shareholders to keep Beijing at arm’s length, says ALEX BRUMMER
The suppression of basic rights such as free expression has led to a slow erosion of commerce in Hong Kong and the exodus of 89,000 holders of UK overseas passports to Britain. At the Beijing ... ( read original story ...)
Hong Kong’s GDP Likely Contracted With Covid, China Lockdowns
(Bloomberg) --Hong Kong’s economy likely contracted in the first quarter as the city imposed tough Covid curbs and China’s worsening omicron outbreak of its own disrupted trade to the financial hub. ( read original story ...)
Magic Empire Global Limited Pursues $23 Million U.S. IPO
While high risk-tolerant day traders may have an interest in playing the IPO, as an investment opportunity, I’m on Hold for MEGL over the longer term. Hong Kong, China-based Magic Empire was ... ( read original story ...)
Chinese insurance giant Ping An calls for debate on HSBC’s future as it pushes potential break-up
Ping An Insurance Group made its first public statements about HSBC on Monday as it pushes for a potential break-up of the biggest of Hong Kong's currency-issuing banks. The Shenzhen-based company ... ( read original story ...)