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Renminbi seen posting moderate gain rest of the year

... rch note, HSBC predicts that the renminbi will strengthen moderately versus the greenback in the second half to reach 6.14 by year-end, due to stabilizing economic growth and supportive trade flows. E ...More

EJ Insight2014-07-30

BoComm studying plans to deepen ownership reform

... g Monday. HSBC Holdings holds 19 percent stake in BoComm, while China's finance ministry is the single largest shareholder with 27 percent stake, according to the report. The lender already has the ba ...More

EJ Insight2014-07-29

HSBC accused of blocking public passageway at 'Taipan House'

HSBC has been accused of occupying some government land in front of its famed "Taipan House" property at No. 19 Middle Gap Road in Hong Kong's Peak area, Apple Daily reported Monday. According to seve ...More

EJ Insight2014-07-28

Selling pointes: Stay in step with a dance school debut

... e city -- HSBC and China Mobile -- look like they've got two left feet. In a city where dance shows are hardly ever filled to capacity, why is the number of jazz and ballet operators on the up in Hong ...More

EJ Insight2014-07-23

New ibond issue attractive despite looming rate hike

... s higher. HSBC Holdings Plc. (00005.HK) and BOCHK (02388.HK) are the joint arranger of the fourth tranche of ibonds. The bonds offer half-yearly payments linked to inflation during the previous six mo ...More

EJ Insight2014-07-18

Why money talks in the family trust services business

... f through HSBC International Trustees before the company's flotation in 2008. Since then, the trusts have been the largest shareholders of Longfor. Both parties agreed to terms and conditions on split ...More

EJ Insight2014-07-18

Chinese firms can't get enough of London properties

... including HSBC -- for £795 million. Just five days after the deal, China Construction Bank (00939.HK, 601939.CN), which has been picked as the London renminbi clearing house, bought a tower in the Cit ...More

EJ Insight2014-07-17

Hong Kong market: Some wishful thinking

Hong Kong stocks opened firmer on Thursday as fears over the Occupy Central movement, triggered partly by downbeat comments from HSBC and Barclays, subsided, helping the market come off the post-July ...More

EJ Insight2014-07-10

Losing game: Storm looms for Macau dirty money dodges

... e months. HSBC also notes that Macau’s gambling income from VIP lounges will drop by 16 percent in the second quarter on a quarterly basis. -- Contact the writer at [email protected] SK ...More

EJ Insight2014-07-10

Foreign firms yet to seize the RMB benefit in trade: HSBC

Two-thirds of Chinese and Hong Kong firms admit that using the renminbi in trade gives exporters a vital edge over their rivals, while foreign firms are still largely unaware of the advantage, HSBC Ho ...More

EJ Insight2014-07-09

Shui On flats or shares? Change is better

... es former HSBC taipan John Bond, Li & Fung chairman William Fung, just to name two. Chief financial officer Daniel Wan formerly held the purse strings at Bank of East Asia. So what went wrong? Shu ...More

EJ Insight2014-07-08

HSBC cuts HK stock market outlook amid Occupy Central fears

HSBC has downgraded the prospects of Hong Kong’s stock market amid concerns over the impact of the Occupy Central civil disobedience movement, Ming Pao Daily reported on Tuesday. The bank suggested th ...More

EJ Insight2014-07-08

Iran seeks to resolve HSBC freeze on trade financing: Reuters

Iran is lobbying to get HSBC to process humanitarian trade transactions that the bank had frozen because of concerns about potential breaches of international sanctions, Reuters reported Tuesday, citi ...More

EJ Insight2014-06-24

Flash PMI puts China factories back in growth territory

Factory activity got a boost on the mainland in June, growing for the first time in six months amid new orders, Reuters reported Monday, citing a preliminary HSBC survey.  The HSBC/Markit Flash China ...More

EJ Insight2014-06-23

Ho-hum: Enough said about Spain already

... nder. The HSBC subsidiary and the second largest retail bank in Hong Kong with 220 branches, was No. 10 last year. The magazine praised Hang Seng Bank for growing its assets 53 percent in seven years ...More

EJ Insight2014-06-19

What makes Jimmy Lai get up and running early in the morning?

... this year HSBC and Standard Chartered were reported to have been asked not to advertise in Apple Daily. The story was linked to a rumour that Chief Executive Leung Chun-ying turned down an invitation ...More

EJ Insight2014-06-18

Alibaba takes Tung Chee-hwa on board

... rector of HSBC Holdings (00005.HK). Alibaba's appointment is his first directorship since he took the city's top job in 1997. Jerry Yang, co-founder and former chief executive of Yahoo Inc., was also ...More

EJ Insight2014-06-17

Leo Kung has big shoes to fill at Ocean Park

... upport of HSBC and several small banks. He was also a member of the Hong Kong Development Forum under Hang Lung Group chairman Ronnie Chan Chi-chung. Kung has an eclectic taste for music, ranging from ...More

EJ Insight2014-06-10

China Mobile to buy Thai telco stake for US$881 mln

...  acquired HSBC Plc.'s (00005.HK) US$9.4 billion stake in Ping An Insurance Group Co of China Ltd. (02318.HK, 601318.CN).  "Through the proposed strategic investment in True Corp., China Mobile is expe ...More

EJ Insight2014-06-10

LINE confident of taking market share from Weixin

... es arm of HSBC Holdings previously estimated that the valuation of Weixin would reach US$65 billion, way higher than Facebook's acquisition on Whatsapp at US$19 billion, Economic Times said. As the bu ...More

EJ Insight2014-06-03

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