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Do China's numbers add up to sustainable growth?

... wn by the HSBC services PMI in recent months. The labor market has remained resilient, implying a gradual improvement in income growth. This, in turn, should support consumption growth in the coming q ...More

EJ Insight2013-12-03

HKEJ Today: Highlights

... als, said HSBC Holdings Plc. (00005.HK) chief executive for Hong Kong Anita Fung. Fung also estimates that the total renminbi-denominated assets under management in the wealth management market will d ...More

EJ Insight2013-12-03

HSI rises 0.6% as HSBC China PMI beats expectations

Hong Kong's benchmark Hang Seng Index (HSI) shot up to a 30-month high Monday after the HSBC China purchasing managers index for November came in at 50.8, the second-highest reading in eight months an ...More

EJ Insight2013-12-02

Focused HSBC aims to help Chinese firms go global, Xinhua says

HSBC Holdings Plc (00005.HK) group chairman Douglas Flint said the bank will focus more on specialty businesses instead of its previous strategy of venturing onto all fronts in the financial markets, ...More

EJ Insight2013-11-28

HKEJ Today: Highlights

... veiled by HSBC Holdings Plc. (00005.HK). The governor of the People’s Bank of China, Zhou Xiaochuan {周小川}, has also sought to reassure on the economic situation, saying price levels and employment are ...More

EJ Insight2013-11-27

HSBC unit cleared for futures margin custodian biz, Xinhua says

HSBC Bank (China) Co. Ltd., a mainland unit of HSBC Holdings plc (00005.HK), said on Monday that it has received approval from the China Financial Futures Exchange (CFFEX) to launch futures margin cus ...More

EJ Insight2013-11-26

HKEJ Today: Highlights

... l center. HSBC Holdings Plc. (00005.HK) Asia Pacific vice chairman and chief executive Peter Wong said separately that Hong Kong needs a long-term plan to strengthen ties with Guangdong to compete bet ...More

EJ Insight2013-11-26

HKEJ Today: Highlights

... ders. The HSBC China Flash Purchasing Managers' Index fell to 50.4 from last month's reading of 50.9. The effects of economic stimulus in the first quarter have begun to weaken with replenishing of st ...More

EJ Insight2013-11-22

Airlines take off despite bleak market sentiment

... hile, the HSBC flash Purchasing Managers' Index for November missed expectations. The reading fell to 50.4 from a seven-month high of 50.9 in October, suggesting China's manufacturing activity continu ...More

EJ Insight2013-11-21

China November HSBC flash PMI eases, Sina says

Growth in China's manufacturing activity eased in November, Sina.com reported Thursday, citing the HSBC China Flash Manufacturing Purchasing Managers' Index. The preliminary gauge of the nation's fact ...More

EJ Insight2013-11-21

The Big Picture: BIGGER LOCAL BANKS

... , such as HSBC Holdings plc (00005.HK), will not be able to have bigger ownership or controlling stake in Chinese banks, they may find it difficult to derive synergy between their mainland branches an ...More

EJ Insight2013-11-15

HKEJ Today: Highlights

... take from HSBC Holdings Plc. (00005.HK) at the beginning of this year. The Thai group's subsidiary Gongbujiangda Jiangnan Industrial Development Co. Ltd. has also pledged some A shares of Ping An it h ...More

EJ Insight2013-11-13

Blue chip sell-off weighs on stocks as CPC plenum ends

... 1.HK) and HSBC (00005.HK) down 1.2 percent and 0.9 percent, respectively. However, Wharf Holdings (00004.HK) bucked the trend, gaining 1.7 percent, one of the day's best performers. Chinese technology ...More

EJ Insight2013-11-12

BNP sees private firms driving next China M&A wave

...  he said. HSBC Holdings plc (00005.HK) announced that five further bank branches will close, in an apparent resumption of its closure program, BBC News reported in mid-April. The bank has closed more ...More

EJ Insight2013-11-12

The best country for expats is China

Despite all the whining about pollution, traffic, censorship, corruption and food safety, expats say China is the best place in the world to live and work. HSBC polled over 7,000 expats based in 100 c ...More

EJ Insight2013-11-08

HKEJ Today: Highlights

...  China at HSBC Holdings Plc. (00005.HK). Qu said he expects leaders will put forward a road map regarding the reforms during the upcoming top political meeting in Beijing. The interest rates on saving ...More

EJ Insight2013-11-07

HSI dips 150 points as A shares get a lift

... 7 percent.HSBC (00005.HK) was one of the few blue chips to rise in the trading session. It closed 1.5 percent higher after saying that it would retain its present dividend policy.Investors also starte ...More

EJ Insight2013-11-05

HSBC, StanChart launch LPR-based swap product, paper says

HSBC and Standard Chartered have launched an interest rate swap product based on the Loan Prime Rate, Shanghai Securities News reported Tuesday. The product will reset interest rate on a quarterly bas ...More

EJ Insight2013-11-05

HKEJ Today: Highlights

Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Tuesday, Nov. 5: TOP STORIES HSBC sees progressive dividend policy intact ...More

EJ Insight2013-11-05

China in for soft landing, HSBC CEO says

HSBC Holdings Plc. (00005.HK) is confident China's economy will make a soft landing, group chief executive Stuart Gulliver said Monday. Gulliver said there are encouraging signs that the economy is co ...More

EJ Insight2013-11-04

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