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Why young investors are turning to US stocks

... chison or HSBC shares," Andy says. Fannie, another Hong Kong investor and a classmate of Andy, says she is particularly drawn to ETFs in the US. She has poured in some HK$500,000, especially in SPDR S ...More

EJ Insight2016-07-15

Why we should brace for a second shockwave from Brexit

... s such as HSBC and Goldman Sachs might halve their headcount in the UK if the country no longer provides operational convenience and easy access to other EU nations. Property prices in London have bee ...More

EJ Insight2016-07-13

HK banks strengthen ATM security after Taiwan cyber heist

... ang Bank, HSBC (Hong Kong), Bank of China (Hong Kong) and Hang Seng Bank. That suggests that the ATMs in Hong Kong could also fall prey to similar cyber attacks. According to Taiwanese authorities, tw ...More

EJ Insight2016-07-13

UK determined to keep banks, corporates after Brexit: minister

... orts said HSBC Holdings may move some of its staff in London to Paris. “Lots of people may say lots of things. It may be oversimplified but the reality is that we want to make sure that London is a gr ...More

EJ Insight2016-07-07

Take advantage of market rally to take profit

... ices than HSBC Holdings (00005.HK). Gold and gold mining stocks like Zijin Mining Group (02899.HK) and SPDR Gold shares (02840.HK) are worth considering because of their good liquidity. This article a ...More

EJ Insight2016-07-05

Asian hedge funds seek safe bet by shorting HSBC

Hedge funds in Asia are taking what is viewed as a safe bet on Britain’s surprise vote to leave the European Union: by betting that shares of British bank HSBC Holdings plc (00005.HK) will fall, The W ...More

EJ Insight2016-06-28

Asian markets brace for more Brexit turbulence

... n such as HSBC Holdings Plc (00005.HK) may incur more losses, the report said. On Friday the yen soared to its highest level since November 2013 as investors regard the Japanese currency as a safe hav ...More

EJ Insight2016-06-27

Investors should sit out 'Brexit' referendum

...  included HSBC Holdings (00005.HK), Standard Chartered Plc. (02888.HK), as well as billionaire Li Kai-shing’s CK Hutchison Holdings (00001.HK), Power Assets Holdings (00006.HK) and Cheung Kong Infrast ...More

EJ Insight2016-06-21

HSBC to pay US$1.6 bln to end Household class action

A unit of HSBC Holdings Plc said it will pay US$1.575 billion to end a 14-year-old shareholder class action lawsuit stemming from the Household International consumer finance business that the British ...More

EJ Insight2016-06-17

Hong Kong laundry blues hit erstwhile world’s local bank

... l bank -- HSBC -- will only provide a safe deposit box on condition that it has unlimited power to access the contents of this misnamed “safe” box, to determine in its own unfettered discretion whethe ...More

EJ Insight2016-06-14

HSBC chairman defends focus on Asia

HSBC Holdings chairman Douglas Flint says he does not understand why investors are critical of its Asia strategy after they recently questioned its focus on China. Flint told the Wall Street Journal i ...More

EJ Insight2016-06-13

HSBC eyes cuts in senior investment banking jobs to slash costs

HSBC Holdings Plc. is slashing senior positions in investment to reduce costs across the company. The cuts reflect a gradual trimming of jobs, said the person, who asked not to be identified because t ...More

EJ Insight2016-06-01

Fed, China fears force investors to check out of Asia

... data from HSBC showed. Indonesia's and South Korea's bond markets, heavy recipients of foreign investment until March, are now seeing chunks of inflows reverse while Asia's currencies have also fallen ...More

EJ Insight2016-05-31

China bets on duty-free paradise to keep luxury spenders at home

... at home," HSBC analyst Erwan Rambourg said in Hong Kong. In Hainan, which is closer to Hanoi than Beijing, duty-free shops offering products priced as much as 30 percent less than on the mainland have ...More

EJ Insight2016-05-30

China sells first offshore renminbi bond

... arkets at HSBC Holdings Plc., which managed the deal along with Bank of China. “It’s very important to list in the UK under English law on the London Stock Exchange to make it an internationally inves ...More

EJ Insight2016-05-27

Return of the RORO phenomenon

... truments. HSBC came up with a so-called RORO index in 2010 to monitor relative change among different asset classes and help gauge market risk appetite. The market is deemed to be in a risk-on mode wh ...More

EJ Insight2016-05-23

Banks explore blockchain tech to combat trade finance risks

... erica and HSBC Holdings are also looking at blockchain for trade finance and other banking applications, according to the report. Blockchain proponents argue that the technology will change the face o ...More

EJ Insight2016-05-23

HSBC to shut nearly half of its India retail branches

HSBC Holdings plans to close nearly half of its branches in India and focus more on digital banking to expand its consumer business in the country. The bank said in a statement Thursday that it will s ...More

EJ Insight2016-05-20

Elderly couple conned out of HK$100,000 by phone scammer

... outside a HSBC branch in Shau Kei Wan to pay the ransom. Ng and her 88-year-old husband went to the bank at about 2 pm Tuesday and withdrew cash for the ransom payment. After they were leaving the ban ...More

EJ Insight2016-05-18

How Indonesia escaped the worst of China's slowdown

...  Plc. and HSBC Holdings Plc. Indonesia’s foreign direct investment rose 3 percent last year in dollar terms to a record $29 billion. Only 3 percent of Indonesia’s total FDI was in mining last quarter, ...More

EJ Insight2016-05-12

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