... the city. HSBC to further cut expenses by US$3 bln in two years HSBC Holdings Plc. (00005.HK) is seeking to cut US$3 billion in expenses in two years after it posted a 9.3 percent growth in net profit ...More
EJ Insight2014-02-25
HSBC Holdings Plc. (00005.HK) posted a pre-tax profit at US$22.57 billion for 2013, up 9 percent from a year earlier, the company said in a stock exchange filing Monday. Underlying profit before tax s ...More
EJ Insight2014-02-24
... onth low, HSBC says The flash Markit/HSBC Purchasing Managers' Index for China in February has hit a seven-month low at 48.3, showing signs of contraction again in the country's industrial activities. ...More
EJ Insight2014-02-21
The HSBC China Flash Manufacturing Purchasing Managers Index (PMI), a preliminary reading of the nation's manufacturing activity, fell to a seven-month low of 48.3 in February, Wallstreetcn.com report ...More
EJ Insight2014-02-20
... including HSBC Holdings Plc (00005.HK), Standard Chartered Plc (02888.HK) and Bank of China (Hong Kong) Ltd. (02388.HK) in exchange for a total of US$220 million financing credit with an annual rate o ...More
EJ Insight2014-02-19
... 2 points. HSBC (00005.HK) was the day’s best-performing blue chip, rising for the seventh straight day and closing up 1.8 percent. Mid-sized mainland lenders surged on news that the National Developme ...More
EJ Insight2014-02-19
... ent after HSBC Securities and Bank of America Merill Lynch raised its target price. It was the best performer among the Hang Seng constituents. Tingyi Cayman Islands Holding (00322.HK), commonly known ...More
EJ Insight2014-02-13
... leased by HSBC Holdings Plc, eased to 50.7 in January from 50.9 in December. Clearly, the trade and manufacturing figures don't match. One reason could be the time-lag effect: trade data will reflect ...More
EJ Insight2014-02-13
... tibility, HSBC’s Wong saysInterview: The central government is likely to let the yuan to be virtually freely convertible in five years and only retain control of some large capital account transaction ...More
EJ Insight2014-02-10
... igh after HSBC Securities said it was optimistic about both sectors. Port operator and transporter China Merchants Holdings International (00144.HK) rose 4.6 percent to be the best performer of the da ...More
EJ Insight2014-02-07
... sion. The HSBC Flash PMI, a private gauge of manufacturing activity, fell to 49.5 in January from 50.5 in December, its first contraction in the past six months. Some analysts attributed the dip to th ...More
EJ Insight2014-02-03
... pressure. HSBC (00005.HK) shed 2.7 percent and Standard Chartered (02888.HK) lost 3.4 percent. AIA Group (01299.HK) dropped 1.4 percent and Manulife (00945.HK) declined 3.2 percent. Investors dumped m ...More
EJ Insight2014-01-27
... 2014. The HSBC purchasing managers’ index for the month slid to 49.6, below market expectation, from 50.5 in December. A figure below 50 represents economic contraction. The unexpected decline in Chin ...More
EJ Insight2014-01-24
China has granted gold import licenses to two foreign banks for the first time, Reuters reported on Wednesday, citing sources with knowledge of the matter. ANZ Banking Group and HSBC were awarded impo ...More
EJ Insight2014-01-15
... jor rival HSBC Holdings Plc. (00005.HK) which had been struggling with its businesses in the United States and Europe. ECONOMY and BUSINESS ChinaVision's Dong said being under corruption probe ChinaVi ...More
EJ Insight2014-01-10
... e partner HSBC. The scheme gives international investors access to the Chinese onshore securities market and helps ease the repatriation of funds. Ashmore is the first asset manager to win such a lice ...More
EJ Insight2014-01-08
... inated by HSBC Holdings Plc. and Standard Chartered Plc. -- Contact HKEJ at [email protected] RA ...More
EJ Insight2014-01-06
Hong Kong's benchmark index saw a rather choppy trading session on the first trading day of 2014. The Hang Seng Index (HSI) dropped as much as 133 points in the morning session after HSBC released the ...More
EJ Insight2014-01-02
The final reading of HSBC's purchasing managers' index for China stood at 50.5 in December, representing a three-month low, Chinese news website Wallstreetcn.com reported Thursday, citing data from HS ...More
EJ Insight2014-01-02
HSBC Bank (China) Co. has secured approval from the China Banking Regulatory Commission to open a sub-branch in the Shanghai Free Trade Zone early next year, the bank said in a press release on Tuesda ...More
EJ Insight2013-12-31
