• Thursday
  • September 18, 2014
  • Last updated: 5:51am
Hong Kong




Search Results

Results 1 - 10 of 525 for hsbc restructuring

Related topics matching your search

Search results

  1. ICBC tops HSBC in global rankings

    Posted Dec 26th 2006, 12:00am by Enoch Yiu

    ... in the world's biggest initial public offering in October, has overtaken HSBC Holdings to become the world's third-largest bank by market value. ICBC's shares surged by the daily limit of 9.9 per cent yesterday to close at 5.21 yuan on the Shanghai Stock Exchange, valuing the firm at US$214.2 billion. HSBC had a market capitalisation of US$208.4 billion at the close of trading ...

  2. Mainland telecoms rise on industry restructuring hopes

    Posted Mar 06th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Shares in mainland mobile-phone operator China Unicom rose 7.46 per cent yesterday after company chairman Chang Xiaobing said the long-awaited industry restructuring could ... that restructuring of the industry was under way. Unicom's CDMA network is widely expected to be sold to China Telecom and its GSM network will be merged with fixed-line operator Netcom. China ...

  3. Restructuring is vital even as we enjoy boom

    Posted Jul 14th 2007, 12:00am by Staff Reporter

    ... in February-March, except that it could be more severe. While economic recovery maintains its momentum, public finances are buoyant and unemployment is now below 4 per cent, economic restructuring must ...

  4. Restructuring for 3G shapes as the billion-dollar question

    Posted Sep 05th 2005, 12:00am by Elaine Chan

    ... Balancing business and public needs is a test for Beijing, writes Elaine Chan How to restructure? That is the multi-billion-dollar question hanging over the telecommunications industry, ... mobile licences, the key to an eventual convergence of fixed-line and mobile communications- and growth. This makes 3G central to the next round of restructuring that industry experts have ...

  5. Esprit plunges on profit warning

    Posted Sep 03rd 2011, 12:00am

    ... of a 'significant' loss in net profit caused by one-off restructuring costs. The share price of Esprit plunged by up to 10.11 per cent to close at a three-week low of HK$19.64, compared to a 1.81 per cent slide in the Hang Seng Index. The company said in a filing on Thursday night that the net profit for the year to June would 'record a significant decrease due to the one-off restructuring ...

  6. Magazines - Style

    Anita Fung: The HSBC chief executive who broke through the glass ceiling

    Posted Oct 09th 2012, 12:00pm by Jane Moir

    ... HSBC's first female CEO for Hong Kong in September last year, she inherited a hot seat. The lender had just announced 3,000 job cuts in Hong Kong and the pressure was on to ramp-up ... at HSBC, being the group's flagship business," she says.  She derives a certain amount of pride at being a home-grown talent, given the bank's 150-year history in the city. ...

  7. Agricultural Bank gets clearance for pre-IPO revamp

    Posted Dec 03rd 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster The Agricultural Bank of China has received approval from the State Council for its long-delayed restructuring plan leading to an initial public offering, sources said. ... the sources said. The restructuring will enable the rural lender to follow in the footsteps of state-owned agricultural banks elsewhere in the world that have transformed into more commercial lenders, ...

  8. Streamlined HSBC ready to hire again

    Posted Aug 01st 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com HSBC Asia Pacific is close to completing planned staff reductions as well as the sale of non-core businesses and now plans to hire new employees in some areas, ... thanks to fast-developing markets including Hong Kong and the mainland. But there have been big layoffs, which have drawn fire from trade unions. In August last year, HSBC said it would sell off ...

  9. HSBC top yuan forex house in London, it says

    Posted May 24th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com HSBC said it has established itself as the largest yuan foreign exchange house in London, the world's largest foreign exchange centre, which is now ... Kong's yuan plans, said HSBC Hong Kong chief executive Anita Fung. Her comments came as representatives from the Hong Kong Monetary Authority and seven banks met the British Treasury and other ...

  10. More cuts feared as HSBC speeds up lay-off plans

    Posted Feb 24th 2012, 12:00am

    ... HSBC is accelerating plans to lay off 3,000 Hong Kong staff, raising concerns it is preparing further jobs cuts in the future. The city's largest lender said lay-offs announced in September would be completed by the end of the second quarter rather than the end of next year. 'If HSBC has accelerated its Hong Kong lay-off programme by two years, the chances ...




SCMP.com Account