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HSBC posts surprise 10% growth in interim profit

HSBC Holdings beat expectations with a 10 percent rise in first-half profit, driven by a strong performance in Hong Kong. Europe's biggest bank said pretax profits in the first six months of the year ...More

EJ Insight2015-08-03

HSBC selling unprofitable Brazil unit to Bradesco for US$5.2 bln

HSBC Holdings Plc agreed to sell its Brazilian unit to Banco Bradesco SA for US$5.2 billion. Europe's top bank is retreating from the second-largest emerging market economy after years of disappointin ...More

EJ Insight2015-08-03

Legendary stock picker Tony Measor will be missed

Tony Measor, a popular financial columnist who spent 50 years in investment research, fund management and column writing, passed away this morning. He was 82. The HSBC diehard offered investment advic ...More

EJ Insight2015-07-28

HSBC warns of scam emails targeting personal data

HSBC has urged people to be vigilant about fraudulent online messages and phishing attacks after a bank customer reported a scam email. The bank said that it learnt that one of its customers received ...More

EJ Insight2015-07-22

US regulators rebuke CCB over anti-money laundering loopholes

...  S.A. and HSBC Holdings Plc. have paid multibillion-dollar penalties for faulty compliance programs. Tuesday's announcement did not include a fine but regulators could issue one later if the bank fail ...More

EJ Insight2015-07-22

Why print media in Hong Kong is entering an ice age

... equently, HSBC Holdings plc (00005.HK), Standard Chartered plc (02888.HK), PCCW (00008.HK) and leading property developers stopped advertising with Next Media. Since advertising accounted for more tha ...More

EJ Insight2015-07-17

New phone scam: Caller says your credit card has been misused

...  was from HSBC. It said it wanted to inform him that his credit card had been misused and would be suspended in two hours. Then the caller asked him to press "0" on his mobile phone. Chan said he did ...More

EJ Insight2015-07-17

Why CY Leung should consider moving to London

... ine-up at HSBC without asking for a cup of tea. In this light, spare a thought for CY Leung, who has rarely seen a day without a bad headline three years into his term of office. The unpopular chief e ...More

EJ Insight2015-07-13

Will reform turn BoCom into another Hang Seng Bank?

... areholder HSBC Holdings plc (00005.HK) could be allowed to raise its stake in the bank to above the normal 20 percent limit and appoint a vice chairman to the board. Market observers can’t help wonder ...More

EJ Insight2015-07-11

Time for Beijing to focus on the real economy

... c growth. HSBC analysts predict that the central bank may cut key interest rates by 25 basis points and reduce the reserve requirement ratio by 100 basis points in the third quarter. Over the past sev ...More

EJ Insight2015-07-11

As HK echoes China rout, stocks become too cheap to ignore

... ging from HSBC Holdings plc (00005.HK) to New World Development Co. Ltd. (00017.HK), trade below book value. China’s officials have unveiled market-boosting measures almost every night over the past t ...More

EJ Insight2015-07-10

Tutorial school CEO under fire over mock Islamic State photo

... ing giant HSBC were fired after taking part in a mock video of an Islamic State execution during a company team-building program. HSBC UK had to issue an official apology for "abhorrent video". -- Con ...More

EJ Insight2015-07-08

Beware: Fake HSBC anniversary banknotes are circulating

If it looks suspicious, it's fake. A Mong Kok shop owner has that to say after nearly falling for a bogus HSBC commemorative banknote. The man said he was approached by a mainlander who wanted to sell ...More

EJ Insight2015-07-03

More signs of weakness in Chinese economy

...  PMI from HSBC and research firm Markit, also released Wednesday, rose to 49.4 in June from 49.2 the previous month but came in lower than a preliminary reading of 49.6 reported a week ago. The HSBC P ...More

EJ Insight2015-07-02

Caixin to replace HSBC as sponsor of Markit China PMI

Caixin Media Co. Ltd. will take over the sponsorship of Markit’s closely watched China purchasing managers’ index (PMI) from HSBC, starting in August. The index will be renamed the Caixin China PMI. T ...More

EJ Insight2015-06-30

China cuts interest rates to record low as stocks slump

... search at HSBC Holdings Plc, was quoted as saying. – Contact us at [email protected] FL ...More

EJ Insight2015-06-29

What’s next on the menu after McDonald’s Taiwan pullback?

... iscent of HSBC Holdings’ (00005.HK) business overhaul. In recent years Ronald McDonald has been pushed to go on a diet, shedding its ailing business in many parts of the world, as investors are losing ...More

EJ Insight2015-06-26

What stocks to buy to profit from July rebound

... subsides. HSBC Holdings (00005.HK), AIA Group Ltd. (01299), Prudential Plc (02378.HK) and Manulife Financial Corp. (00945.HK) are worth considering. A number of mainland internet technology plays list ...More

EJ Insight2015-06-23

Why companies find that long-term plans often don't work out

HSBC Holdings (0005.HK) has outlined a new version of its roadmap for the future. The plan, which involves "10 Strategic Actions", is seen as key to the bank's financial performance and share price in ...More

EJ Insight2015-06-13

Shanghai int'l board may no longer be necessary: Benjamin Hung

... tanChart, HSBC Holdings Plc. (00005.HK) and The Bank of East Asia Ltd. (00023.HK) to consider secondary listings in China to tap into mainland capital. But now some lenders, including StanChart, have ...More

EJ Insight2015-06-11

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