... 2014. The HSBC purchasing managers’ index for the month slid to 49.6, below market expectation, from 50.5 in December. A figure below 50 represents economic contraction. The unexpected decline in Chin ...More
EJ Insight2014-01-24
China has granted gold import licenses to two foreign banks for the first time, Reuters reported on Wednesday, citing sources with knowledge of the matter. ANZ Banking Group and HSBC were awarded impo ...More
EJ Insight2014-01-15
... jor rival HSBC Holdings Plc. (00005.HK) which had been struggling with its businesses in the United States and Europe. ECONOMY and BUSINESS ChinaVision's Dong said being under corruption probe ChinaVi ...More
EJ Insight2014-01-10
... e partner HSBC. The scheme gives international investors access to the Chinese onshore securities market and helps ease the repatriation of funds. Ashmore is the first asset manager to win such a lice ...More
EJ Insight2014-01-08
... inated by HSBC Holdings Plc. and Standard Chartered Plc. -- Contact HKEJ at [email protected] RA ...More
EJ Insight2014-01-06
Hong Kong's benchmark index saw a rather choppy trading session on the first trading day of 2014. The Hang Seng Index (HSI) dropped as much as 133 points in the morning session after HSBC released the ...More
EJ Insight2014-01-02
The final reading of HSBC's purchasing managers' index for China stood at 50.5 in December, representing a three-month low, Chinese news website Wallstreetcn.com reported Thursday, citing data from HS ...More
EJ Insight2014-01-02
HSBC Bank (China) Co. has secured approval from the China Banking Regulatory Commission to open a sub-branch in the Shanghai Free Trade Zone early next year, the bank said in a press release on Tuesda ...More
EJ Insight2013-12-31
Concerns about the circulation of counterfeit HK$1,000 banknotes have heightened following reports that Macau police have seized fake notes bearing the HSBC name in casinos, the South China Morning Po ...More
EJ Insight2013-12-27
... lue chips HSBC (00005.HK), China Mobile (00941.HK) and AIA Group (01299.HK) rose in a range of 0.7 percent to 1 percent. Gaming plays spiked ahead of the Christmas holiday. Galaxy Entertainment (00027 ...More
EJ Insight2013-12-23
... chief of HSBC Holdings Plc. (00005.HK). Given that the Fed is committed to maintaining a highly accommodative monetary policy for a considerable period, there is no exigency to revise HSBC's savings ...More
EJ Insight2013-12-20
... mber. The HSBC flash purchasing managers index fell to 50.5 for the month, compared with 50.8 in November, the bank said. A reading above 50 indicates expansion. The Hang Seng Index gave up 131 points ...More
EJ Insight2013-12-16
The HSBC China Flash Manufacturing Purchasing Managers' Index (PMI), a preliminary reading of the nation's manufacturing activity, fell to a three-month low of 50.5 in December, from a November final ...More
EJ Insight2013-12-16
... eveloper. HSBC to sell off stake in Bank of Shanghai HSBC Holdings Plc. (00005.HK) has agreed to sell off its remaining 8 percent stake, worth about HK$3.63 billion (US$468.13 million), in Bank of Sha ...More
EJ Insight2013-12-12
... the day. HSBC (00005.HK) slipped 1.3 percent after it said it had agreed to sell its 8 percent stake in Bank of Shanghai to Spain’s Banco Santander. AIA Group (01299.HK) fell more than 2 percent. Ch ...More
EJ Insight2013-12-11
The Hongkong and Shanghai Banking Corp. Ltd., a wholly-owned subsidiary of HSBC Holdings Plc (00005.HK), will sell its entire 8 percent stake in Bank of Shanghai Co. Ltd. (BOS) to Spain's Banco Santan ...More
EJ Insight2013-12-11
The Chinese renminbi will be the second or third most important currency in the world in five years, the official Xinhua news agency reported Thursday, citing HSBC Holdings Plc. (00005.HK) group chief ...More
EJ Insight2013-12-06
... tor, said HSBC Holdings Plc. (00005.HK) Group Chief Executive Stuart Gulliver. The substantial increase in capital requirements both locally and internationally has suppressed lenders' ability in exte ...More
EJ Insight2013-12-06
... ll Lynch, HSBC Holdings Plc (00005.HK), Goldman Sachs and other investment banks have lowered their forecasts for gold prices. Gold for immediate delivery eased 0.59 percent to US$1,236 an ounce as of ...More
EJ Insight2013-12-06
Around 3 million of China’s 14 million-plus private firms will face challenges in succession in the next few years, warned Hai Wen, dean of Peking University's HSBC Business School, the Securities Tim ...More
EJ Insight2013-12-04
