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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

China central bank sees weaker economy ahead

... omics for HSBC Asia Pacific, said China is facing mounting pressure from a sliding economy, potentially leading to another interest rate cut of 25 basis points (0.25 percentage point).  Translation by ...More

EJ Insight2015-06-11

HSBC spares Hong Kong jobs in sweeping revamp

HSBC Holdings Plc. (00005.HK) has no plans to cut any more jobs in Hong Kong. It will maintain its Hong Kong headcount in line with its expansion plans in the Pearl River delta, the Hong Kong Economic ...More

EJ Insight2015-06-10

HSBC anniversary banknote tanks on spot market

So much for the hype and the heat over the HSBC anniversary banknote. Subscribers waited up to three hours in 32-degree weather outside two main collection centers Tuesday to get their allocation. But ...More

EJ Insight2015-06-10

What you could do with your HSBC anniversary note

It's decision time for HSBC, and more importantly, for holders of its HK$150 commemorative note. HSBC has just announced a new round of job cuts -- 50,000 worldwide -- while many subscribers contempla ...More

EJ Insight2015-06-09

HSBC to axe 50,000 jobs, slash investment bank

HSBC said Tuesday it will shed nearly 50,000 jobs, slash its investment bank and shrink its risk-weighted assets by US$290 billion in an effort to improve its sluggish performance, Reuters reported. T ...More

EJ Insight2015-06-09

HK banks may need new capital for China loans, local mortgages

... x months, HSBC's (00005.HK) share price fell 4 percent while Standard Chartered's (02888.HK) rose 7 percent. Both lenders, with sizable operations in Hong Kong, underperformed the 18 percent rise of t ...More

EJ Insight2015-06-05

SFC confirms investigation into Hanergy

... Ltd., and HSBC Holdings Plc. (00005.HK). SFC's has a strict disclosure policy regarding investigations. Consent from at least two executive directors is required for any ongoing probe to be made publi ...More

EJ Insight2015-05-29

Four more Swiss banks reach deals in US tax probe

...  Baer and HSBC's Swiss private bank, were excluded from the program. -- Contact us at [email protected] RC ...More

EJ Insight2015-05-29

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