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
... 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
... 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
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
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
... 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 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
... 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
... 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
... 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
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
... , 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
... 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
... 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
... 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
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
... 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
