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HK may gain as Shanghai bull market shows signs of tiring

... s such as HSBC Holdings PLC say the premium for mainland-listed stocks has grown too big and that the “value trade” is to buy Hong Kong shares, the report said. Last week, Bank of America Merrill Lyn ...More

EJ Insight2015-01-14

CY Leung reveals 'external forces' in Occupy Central

... hrough an HSBC branch in Kwung Tong. Leung, citing public information, also said that Jimmy Lai, former boss of Next Media Group, has made donations amounting to HK$57 million to pro-democracy politic ...More

EJ Insight2015-01-13

What lies behind Li Ka-shing's mega group restructuring?

... 1979 when HSBC chose to sell a 22 percent stake in Hutchison to Cheung Kong. Li has not turned back since, as Hutchison became a one-of-its-kind fast growing international firm and an Asian GE. Hutchi ...More

EJ Insight2015-01-12

HSBC Hong Kong chief Anita Fung quits amid revamp

Anita Fung Yuen-mei, HSBC Holdings Plc (00005.HK) chief executive for Hong Kong, has resigned for "personal development reasons" amid a management reorganization in the bank, the Hong Kong Economic Jo ...More

EJ Insight2015-01-09

Upgraded fake banknotes appear in Hong Kong

Counterfeit 2003 series HSBC HK$1,000 banknotes have re-emerged in Hong Kong, using upgraded technology that make them more similar to the real notes, Apple Daily reported Friday, citing police. Cheng ...More

EJ Insight2015-01-09

Kaisa may have defaulted on offshore bonds: WSJ

... loan from HSBC Holdings Plc. Credit rating agencies Standard & Poor’s and Moody’s Investors Service have downgraded the developer's debt from just below investment grade to ratings that reflect an ...More

EJ Insight2015-01-09

RMB bond market seen robust despite Kaisa default

Kaisa Group Holdings' (01638.HK) default on a loan from HSBC Holdings Plc (00005.HK) is unlikely to affect new issuances in the offshore renminbi bond market, according to a senior executive at UBS. D ...More

EJ Insight2015-01-08

China fast-tracks projects worth US$1 trn to spur growth

... mist with HSBC Holdings Plc (00005.HK), was quoted as saying. “Infrastructure investment will continue to be a major driver for China’s economic growth.” The projects will be funded by the central and ...More

EJ Insight2015-01-07

JPMorgan to pay US$100 mln to settle US forex rigging suit

... roup Inc, HSBC Holdings Plc. (00005.HK), Morgan Stanley, Royal Bank of Scotland Group Plc and UBS AG. According to the lawsuit, the 12 banks held an 84 percent global market share in currency trading, ...More

EJ Insight2015-01-06

Why companies should support LGBT community

“Embracing diversity is simply good for business.”  HSBC group chief executive officer Stuart Gulliver spoke those words in support of the LGBT community. (LGBT refers to lesbians, gays, bisexuals and ...More

EJ Insight2014-12-19

Time for HK investors to show more love for local firms

Forget HSBC Holdings (00005.HK), Hong Kong and China Gas Co. (00003.HK), Hong Kong and Shanghai Hotels (00045.HK) and other Hong Kong blue chips. Almost all of the stocks have underperformed their mai ...More

EJ Insight2014-12-18

Moody's to bankers: Don't be too greedy

... Barclays, HSBC and Royal Bank of Scotland would end up with the world’s toughest prescriptions on pay if British reforms, such as a seven-year deferral period, were adopted as planned. Bank of America ...More

EJ Insight2014-12-09

Hong Kong firms get red-carpet Qianhai welcome

... s, led by HSBC and Standard Chartered Bank, prepared to move in on Sunday. They will be the first tenants in the 15-square-kilometer enclave designed to promote innovation in the service industry. Hon ...More

EJ Insight2014-12-05

HSBC unit cancels bitcoin account

Hongkong and Shanghai Banking Corp., a unit of HSBC Holdings Plc. (00005.HK), has decided to cancel a bitcoin account over money laundering concerns, the Hong Kong Economic Journal reported Wednesday. ...More

EJ Insight2014-12-03

HK urged to boost links with Guangdong for world-class economy

... ing giant HSBC Holding Plc (00005.HK) said. "Hong Kong will be responsible for creating financial products and providing financial services for the development of and investment in Guangdong province, ...More

EJ Insight2014-12-01

Weakness in Chinese manufacturing continues

... e private HSBC/Markit gauge touched a six-month low, data released Monday showed. “Investment in property and manufacturing remains weak, so the government is the only one spending,” Macquarie Group e ...More

EJ Insight2014-12-01

Argentina charges HSBC with aiding tax evasion

Argentina has charged HSBC with aiding more than 4,000 clients to evade taxes by stashing their money in secret Swiss bank accounts, Reuters reported, citing the country's AFIP tax authority. The agen ...More

EJ Insight2014-11-28

HSBC, Goldman accused of rigging metal prices for years

Goldman Sachs Group Inc. and HSBC Holdings Plc conspired for eight years to manipulate platinum and palladium prices, according to a class-action lawsuit filed in New York. Standard Bank Group Ltd. an ...More

EJ Insight2014-11-27

US prosecutors probing possible HSBC leak to hedge fund

The US Justice Department is investigating whether an employee of HSBC Holdings Plc leaked confidential client information to a major hedge fund, the Wall Street Journal reported, citing unnamed sourc ...More

EJ Insight2014-11-26

Singapore still best place to do business: Survey

... st month, HSBC named Singapore the best expatriate destination after Switzerland. A survey by the bank found 86 per cent of respondents felt Singapore was “a safer place to raise a child than their ho ...More

EJ Insight2014-11-21

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