Concerns about the circulation of counterfeit HK$1,000 banknotes have heightened following reports that Macau police have seized fake notes bearing the HSBC name in casinos, the South China Morning Po ...More
EJ Insight2013-12-27
... lue chips HSBC (00005.HK), China Mobile (00941.HK) and AIA Group (01299.HK) rose in a range of 0.7 percent to 1 percent. Gaming plays spiked ahead of the Christmas holiday. Galaxy Entertainment (00027 ...More
EJ Insight2013-12-23
... chief of HSBC Holdings Plc. (00005.HK). Given that the Fed is committed to maintaining a highly accommodative monetary policy for a considerable period, there is no exigency to revise HSBC's savings ...More
EJ Insight2013-12-20
... mber. The HSBC flash purchasing managers index fell to 50.5 for the month, compared with 50.8 in November, the bank said. A reading above 50 indicates expansion. The Hang Seng Index gave up 131 points ...More
EJ Insight2013-12-16
The HSBC China Flash Manufacturing Purchasing Managers' Index (PMI), a preliminary reading of the nation's manufacturing activity, fell to a three-month low of 50.5 in December, from a November final ...More
EJ Insight2013-12-16
... eveloper. HSBC to sell off stake in Bank of Shanghai HSBC Holdings Plc. (00005.HK) has agreed to sell off its remaining 8 percent stake, worth about HK$3.63 billion (US$468.13 million), in Bank of Sha ...More
EJ Insight2013-12-12
... the day. HSBC (00005.HK) slipped 1.3 percent after it said it had agreed to sell its 8 percent stake in Bank of Shanghai to Spain’s Banco Santander. AIA Group (01299.HK) fell more than 2 percent. Ch ...More
EJ Insight2013-12-11
The Hongkong and Shanghai Banking Corp. Ltd., a wholly-owned subsidiary of HSBC Holdings Plc (00005.HK), will sell its entire 8 percent stake in Bank of Shanghai Co. Ltd. (BOS) to Spain's Banco Santan ...More
EJ Insight2013-12-11
The Chinese renminbi will be the second or third most important currency in the world in five years, the official Xinhua news agency reported Thursday, citing HSBC Holdings Plc. (00005.HK) group chief ...More
EJ Insight2013-12-06
... tor, said HSBC Holdings Plc. (00005.HK) Group Chief Executive Stuart Gulliver. The substantial increase in capital requirements both locally and internationally has suppressed lenders' ability in exte ...More
EJ Insight2013-12-06
... ll Lynch, HSBC Holdings Plc (00005.HK), Goldman Sachs and other investment banks have lowered their forecasts for gold prices. Gold for immediate delivery eased 0.59 percent to US$1,236 an ounce as of ...More
EJ Insight2013-12-06
Around 3 million of China’s 14 million-plus private firms will face challenges in succession in the next few years, warned Hai Wen, dean of Peking University's HSBC Business School, the Securities Tim ...More
EJ Insight2013-12-04
... wn by the HSBC services PMI in recent months. The labor market has remained resilient, implying a gradual improvement in income growth. This, in turn, should support consumption growth in the coming q ...More
EJ Insight2013-12-03
... als, said HSBC Holdings Plc. (00005.HK) chief executive for Hong Kong Anita Fung. Fung also estimates that the total renminbi-denominated assets under management in the wealth management market will d ...More
EJ Insight2013-12-03
Hong Kong's benchmark Hang Seng Index (HSI) shot up to a 30-month high Monday after the HSBC China purchasing managers index for November came in at 50.8, the second-highest reading in eight months an ...More
EJ Insight2013-12-02
HSBC Holdings Plc (00005.HK) group chairman Douglas Flint said the bank will focus more on specialty businesses instead of its previous strategy of venturing onto all fronts in the financial markets, ...More
EJ Insight2013-11-28
... veiled by HSBC Holdings Plc. (00005.HK). The governor of the People’s Bank of China, Zhou Xiaochuan {周小川}, has also sought to reassure on the economic situation, saying price levels and employment are ...More
EJ Insight2013-11-27
HSBC Bank (China) Co. Ltd., a mainland unit of HSBC Holdings plc (00005.HK), said on Monday that it has received approval from the China Financial Futures Exchange (CFFEX) to launch futures margin cus ...More
EJ Insight2013-11-26
... l center. HSBC Holdings Plc. (00005.HK) Asia Pacific vice chairman and chief executive Peter Wong said separately that Hong Kong needs a long-term plan to strengthen ties with Guangdong to compete bet ...More
EJ Insight2013-11-26
... ders. The HSBC China Flash Purchasing Managers' Index fell to 50.4 from last month's reading of 50.9. The effects of economic stimulus in the first quarter have begun to weaken with replenishing of st ...More
EJ Insight2013-11-22
