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HSBC first-quarter pretax profit up 4%, beating forecasts

HSBC Holdings (00005.HK) reported a 4 percent jump in pretax profit for the first quarter of 2015, beating market expectations, on the back of improved investment banking operations. Europe's largest ...More

EJ Insight2015-05-06

Gosh... most retirees can't really retire and here's why

In Hong Kong, retirement doesn't mean, well, retirement. Research by HSBC shows about 61 percent of retirees have to support their family members financially. The bank interviewed 1,000 residents incl ...More

EJ Insight2015-04-30

PSL or QE? Whatever you call it, the endgame is the same

... an bet on HSBC China Dragon Fund (00820.HK) or Value Partners Group (00806.HK) to gain exposure to the mainland market. Mainland banking plays and insurance counters are also attractive. This article ...More

EJ Insight2015-04-29

Sands China first-quarter financials disappoint

...  percent. HSBC Securities Services, meanwhile, downgraded the casino operator to "sell" from "hold". Sheldon Adelson, chairman and chief executive of Las Vegas Sands, said the outlook for the Macau ga ...More

EJ Insight2015-04-24

HSBC April China 'flash' PMI falls to one-year low

... measures. HSBC's preliminary China purchasing managers' index (PMI) for April came in at 49.2, compared to the March final reading of 49.6 and falling short of expectations. Economists polled by Reute ...More

EJ Insight2015-04-23

When The Greed of Man becomes reality TV

... itch from HSBC to HKEx. He got the stock tip from fund manager Andrew Look, who told him HKEx would hit HK$500 one day. Ironically, Look wound down his fund early this year, just before the rally bega ...More

EJ Insight2015-04-21

HSBC says sorry after embarrassing hyperlink found on website

It's not only embarassing. It also highlights the vulnerability of the banking sector to internet security threats. Visitors to an official web page of British banking giant HSBC were taken aback afte ...More

EJ Insight2015-04-21

Long new economy, short old economy

... g sector, HSBC Holdings Plc (00005.HK) has dropped to HK$70 from its peak of HK$116.2 in 2007, Hang Seng Bank (00011.HK) never rebounded after a record high of HK$163 in 2008, and Bank of East Asia (0 ...More

EJ Insight2015-04-17

Speculation drives surge in prices of HSBC HK$150 banknotes

Some of the lucky applicants allotted HSBC's HK$150 banknotes are offering them online for as much as five times what they cost -- before even taking delivery. The speculators moved into action soon a ...More

EJ Insight2015-04-15

Taxi drivers may stop taking HK$500 notes as fakes multiply

... issued by HSBC and Bank of China in 2003. -- Contact us at [email protected] EL/AC/FL ...More

EJ Insight2015-04-14

Nina Ricci heiress found guilty in HSBC tax fraud trial

A Paris court has convicted the heiress of the Nina Ricci perfume and fashion business of tax fraud in a high-profile trial prompted by leaked HSBC documents. Arlette Ricci, 73-year-old granddaughter ...More

EJ Insight2015-04-14

Mainland investors snub Hong Kong blue chips

... s such as HSBC Holdings plc (00005.HK), CK Hutchison Holdings Ltd. (00001.HK) and Swire Pacific Ltd. (00087.HK) weren’t among the 10 most traded by mainland investors. Instead, these investors have fo ...More

EJ Insight2015-04-13

Lessons we learned from this week's stock rally

... 0004) and HSBC (00005)? Come on, don’t you have any China stock? I am just double checking here. That's alright. All these are good stocks for long-term investors. You just have to cover your ears whe ...More

EJ Insight2015-04-10

Don't take profit: the peak is yet to come

... ocks like HSBC (00005.HK).  We’re in the middle of a big bull run after six and a half years, which should last longer and go up higher. This article first appeared in the Hong Kong Economic Journal o ...More

EJ Insight2015-04-09

Finding high-return, low-risk investment opportunities

It’s not unusual to find investments with high risk but low return amid an increasingly volatile environment. HSBC Holdings (00005.HK) slumped to HK$33 in March 2009 following the financial crisis in ...More

EJ Insight2015-04-02

More jobs, higher salaries await HK university graduates

... raduates. HSBC also has similar plans, but has not announced the numbers yet. New graduates are expected to receive between HK$10,000 (US$1,290) and HK$13,000 as starting pay, up 2 to 5 percent from a ...More

EJ Insight2015-04-02

Fiji win HK Rugby Sevens after beating New Zealand in final

... ps in the HSBC Sevens World Series. "I'm delighted," Fiji coach Ben Ryan said as he soaked up the celebratory atmosphere inside the packed Hong Kong Stadium. "We were accurate, we controlled things an ...More

EJ Insight2015-03-30

Survey: 24% of HK employees want to leave jobs; low pay cited

... Holdings. HSBC topped other banks in the survey, while IBM was voted the most attractive employer in the technology sector. -- Contact us at [email protected] TL/AC/CG ...More

EJ Insight2015-03-27

HSBC commemorative HK$150 banknotes draw huge demand

The special banknotes being rolled out by HSBC to commemorate its 150th anniversary have drawn huge demand, with one particular package said to have garnered oversubscription of 63 times. The HK$150 n ...More

EJ Insight2015-03-26

China IPO rules bring windfall profits, market distortions

...  markets, HSBC equity strategist Steven Sun wrote in a recent report. And as regulators step up the pace of IPO approvals, more fund products focused on new shares have proliferated. Mutual fund manag ...More

EJ Insight2015-03-26

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