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Fake HK businessmen cheated students out of 1 mln yuan

... sage from HSBC saying 10,000 yuan had been successfully transferred to her bank account. Having received the message, Chen agreed to lend 3,000 yuan to the man. The man promised he would return her th ...More

EJ Insight2016-04-25

Bank stops Agnes Chow account from collecting donations

After being rejected by HSBC in an attempt to open a joint account to receive donations, the new political party Demosistō has hit another banking hurdle. Earlier this month, Joshua Wong Chi-fung, con ...More

EJ Insight2016-04-12

H-shares seen rebounding after 'over-correction'

... rategy at HSBC.  Downward adjustment by sell-side analysts with regard to profit forecasts on Chinese companies has come to an end, Sun said. The downward revisions have led to an over-correction in H ...More

EJ Insight2016-04-11

HSBC's Gulliver upbeat on China economy, reforms

HSBC Holdings Plc (00005.HK) chief executive Stuart Gulliver sought to allay fears about the Chinese economy, saying global markets have overreacted to the slowing growth. Gulliver said China's growth ...More

EJ Insight2016-04-08

HSBC analyst sees renminbi down 6% by year-end

The Chinese renminbi is likely to further weaken to 6.9 against the US dollar by the end of the year, an HSBC currency analyst said. Such an exchange rate represents a plunge of over 6 percent from th ...More

EJ Insight2016-04-06

What the Charles Ho-Joshua Wong war of words tells us

... used even HSBC of exercising "political censorship", alleging that the bank rejected a bid from Wong and another Scholarism founder to open a joint account to take care of the finances of a planned ne ...More

EJ Insight2016-04-05

Joshua Wong says HSBC rejected applications to open accounts

Student activist Joshua Wong, convenor of the now defunct student activist group Scholarism, said HSBC rejected his applications for opening a joint account with another member of the group as well as ...More

EJ Insight2016-04-05

Why making money from stocks won't be easy this year

... true that HSBC is offering 8 percent stock dividend, but the adverse policy environment presents immense challenges, as reflected in the heavy penalties imposed on numerous lenders in recent years, he ...More

EJ Insight2016-03-31

Finding the balance between risk and return

... 0700.HK), HSBC Holdings (00005.HK) and China Mobile (00941.HK) will have a big influence on the performance of the index. Smart Beta Investing strategists understand this quite clearly. So they launch ...More

EJ Insight2016-03-30

Sports industry provides safe haven for investors

... ed to buy HSBC Holdings (00005.HK) as it offers a good dividend payout ratio. Right now bonds have poor interest rates. Some bonds issued by blue-chip companies only offer an interest rate of about 1 ...More

EJ Insight2016-03-11

Urban eyesores: Hong Kong's ugliest buildings

...  like the HSBC Main Building in Central, a masculine structure of glass and aluminum designed by Norman Foster. The awesome, 368-meter Bank of China Tower, Ieoh Ming Pei’s masterpiece, is perhaps one ...More

EJ Insight2016-03-10

Hang Seng Index tumble triggers buyback frenzy

... s, citing HSBC Holdings Plc. The index trades at nine times reported profits, near the cheapest since the depths of the global financial crisis and the biggest discount to global shares in 15 years. “ ...More

EJ Insight2016-03-10

Mak Kin, HSBC’s 'unsung hero', dies at 80

Mak Kin, the owner of a newspaper stall in front of the HSBC headquarters in Central, has died at the age of 80. Senior management of the bank attended her funeral service and floral offerings from bo ...More

EJ Insight2016-03-08

How to fight money laundering

... 8.HK) and HSBC Holdings plc (00005.HK) paid huge fines in the United States in 2012 for money laundering. These cases usually involve money laundering by criminals and terrorists. International cooper ...More

EJ Insight2016-03-07

Chinese banks pose policy risk to investors, says Aberdeen

... isitions. HSBC Holdings Plc. (00005.HK) is trading at 0.6 price-to-book multiples, with a dividend ratio of 8 percent and strong profitability. Dah Sing Banking Group Ltd. (02356.HK) and other small a ...More

EJ Insight2016-03-07

Why HSBC's Asia expansion plan faces major hurdles

HSBC may face the triple hurdles of commodity loan risk, continued China slowdown and rising operating costs in Asia this year. These cloud its prospects in the region despite its expansion plan, wit ...More

EJ Insight2016-03-04

Brexit could trigger crisis for the pound: BlackRock

... port from HSBC Holdings plc (00005.HK) this week said a 15-20 percent drop in the pound would be the most likely outcome of Brexit. -- Contact us at [email protected] FL ...More

EJ Insight2016-03-02

US probing Barclays hiring practices in Asia

... ast week, HSBC Holdings plc (00005.HK) said it had received requests from the SEC for information on its practices relating to job candidates with ties to Asian government officials. Investigations in ...More

EJ Insight2016-03-02

This is where investors in bank stocks should put their faith

... eanwhile, HSBC said its loan impairment loss increased to US$1.6 billion in fourth last year from US$1 billion in the third quarter on energy loans in North America. That means the bank's receivables ...More

EJ Insight2016-02-26

War relic hunter recovers five hand grenades at the Peak

... e home of HSBC Hong Kong chief executive Peter Wong Tung-shun on Middle Gap Road with the help of a metal detector, the Hong Kong Economic Journal reported. Bomb disposal officers examined the explosi ...More

EJ Insight2016-02-17

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