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
... 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
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
... 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
... 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
... 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
... 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
... 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, 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
... 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
... 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
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
... 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
... 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
... 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
... 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
HSBC Holdings (0005.HK) announced Sunday that it has decided to keep its headquarters in Britain, following a review into a potential move that could have shifted the group's base to Hong Kong. The ba ...More
EJ Insight2016-02-15
Retiring early to enjoy life with financial freedom is the goal for many people in Hong Kong. In a recent survey by HSBC, nearly 60 percent of respondents aged over 45 hoped to retire within five yea ...More
EJ Insight2016-02-12
... ess what? HSBC was trading around HK$50 before the stock collapsed to HK$28. In politics, it might not be too bad. In 2008, we had a strong government team with Leung Chun-ying as Executive Council co ...More
EJ Insight2016-02-11
... dvised by HSBC and China CITIC Bank International. They could share spoils of between US$65 to US$95 million in fees, according to the estimates. On the other side of the table, Syngenta was advised b ...More
EJ Insight2016-02-04
