Iran is lobbying to get HSBC to process humanitarian trade transactions that the bank had frozen because of concerns about potential breaches of international sanctions, Reuters reported Tuesday, citi ...More
EJ Insight2014-06-24
Factory activity got a boost on the mainland in June, growing for the first time in six months amid new orders, Reuters reported Monday, citing a preliminary HSBC survey. The HSBC/Markit Flash China ...More
EJ Insight2014-06-23
... nder. The HSBC subsidiary and the second largest retail bank in Hong Kong with 220 branches, was No. 10 last year. The magazine praised Hang Seng Bank for growing its assets 53 percent in seven years ...More
EJ Insight2014-06-19
... this year HSBC and Standard Chartered were reported to have been asked not to advertise in Apple Daily. The story was linked to a rumour that Chief Executive Leung Chun-ying turned down an invitation ...More
EJ Insight2014-06-18
... rector of HSBC Holdings (00005.HK). Alibaba's appointment is his first directorship since he took the city's top job in 1997. Jerry Yang, co-founder and former chief executive of Yahoo Inc., was also ...More
EJ Insight2014-06-17
... upport of HSBC and several small banks. He was also a member of the Hong Kong Development Forum under Hang Lung Group chairman Ronnie Chan Chi-chung. Kung has an eclectic taste for music, ranging from ...More
EJ Insight2014-06-10
... acquired HSBC Plc.'s (00005.HK) US$9.4 billion stake in Ping An Insurance Group Co of China Ltd. (02318.HK, 601318.CN). "Through the proposed strategic investment in True Corp., China Mobile is expe ...More
EJ Insight2014-06-10
... es arm of HSBC Holdings previously estimated that the valuation of Weixin would reach US$65 billion, way higher than Facebook's acquisition on Whatsapp at US$19 billion, Economic Times said. As the bu ...More
EJ Insight2014-06-03
... renminbi, HSBC said in a research note. The likely launch of cross-border renminbi transactions in the zone should point to greater demand for borrowing renminbi offshore and therefore add to the upwa ...More
EJ Insight2014-05-27
... s unit of HSBC Holdings are among those seeking to avoid pleading guilty to helping Americans cheat the Internal Revenue Service (IRS). The guilty plea by Credit Suisse last week marked a watershed i ...More
EJ Insight2014-05-26
HSBC Holdings Plc. (00005.HK) expects more surprises in the banking sector in the next few years, the Hong Kong Economic Journal reported Tuesday, citing chairman Douglas Flint. Flint was responding ...More
EJ Insight2014-05-20
HSBC April fixed-asset investment (FAI) and industrial production (IP) data came in slightly lower than consensus forecasts and were down from March readings as well. Weaker property investment was th ...More
EJ Insight2014-05-14
... Shell and HSBC Holdings, which were among the top 10 last year, have been edged out. Xinhua, the official Chinese news agency, reported the news without comment under the headline “China has world’s 3 ...More
EJ Insight2014-05-13
... t levels. HSBC Holdings Plc (00005.HK), another Hong Kong-listed British bank that focuses on emerging markets, said on Wednesday that its profit fell 20 percent in the first quarter from a year earli ...More
EJ Insight2014-05-08
HSBC Holdings Plc (00005.HK) has decided to incorporate the results for Hong Kong into its overall Asia balance sheet. While the move may enhance the bank's operations from an accounting point of view ...More
EJ Insight2014-05-08
HSBC Holdings Plc (00005.HK), Europe's biggest bank, said Wednesday it is bullish on revenue from its Asian market this year, while the other regions are expected to remain stable. However, the global ...More
EJ Insight2014-05-07
... s such as HSBC Holdings plc (00005.HK) and Tencent Holdings Ltd. (00700.HK), he said. Cheung also said investors cannot get the latest news about their portfolios, given the current practice of fund m ...More
EJ Insight2014-04-17
... mes after HSBC Holdings Plc. (00005.HK) offered record-high yields of as much as 3.8 percent interest per annum for yuan time deposits with a minimum amount of 10,000 yuan (US$6212.36), the British ba ...More
EJ Insight2014-04-09
HSBC Holdings Plc. (00005.HK) has jumped into the renminbi fray, offering record-high yields of as much as 3.8 percent interest per annum for yuan time deposits, Apple Daily reported on Tuesday, citin ...More
EJ Insight2014-04-08
Stuart Gulliver, group chief executive of HSBC Holdings Plc (00005.HK), downplayed the threat posed by China’s shadow banking sector, saying any possible default “would have the benefit of imposing di ...More
EJ Insight2014-03-28