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  • October 1, 2014
  • Last updated: 6:39pm
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Results 1 - 10 of 11 for hsbc restructuring

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  1. Business - Money - STOCKS

    Hang Seng Index hits six-year high on economic data and property hopes

    Posted Sep 04th 2014, 01:09am by DON WEINLAND

    ... watermark driven in part by the release of better-than-expected economic data. HSBC's and Markit Economics' non-manufacturing Purchasing Managers' Index, a gauge on activity ...

  2. Business - Companies - STOCKS

    Outlook dims for Li & Fung shares

    Posted Jan 14th 2013, 11:58am by Toh Han Shih

    ... was the biggest since August 10 last year. On Friday, Li & Fung warned that core operating profit for last year would plummet 40 per cent because of restructuring costs and provisions in its US ... HK$15.20; HSBC reduced its target price to HK$16.25 from HK$17.80; Goldman Sachs slashed its target price to HK$13.10 from HK$17; and Barclays Capital chopped its target price to HK$13.50 from ...

  3. Business - Banking & Finance - STOCKS

    HSBC executives cash in shares worth HK$46m

    Posted Mar 09th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Top three sold holdings on same day banking giant announced 18pc rise in underlying profit HSBC executives cashed in shares worth HK$46m HSBC plans to raise its ... full-year results are announced. As soon as HSBC's closing period ended, Gulliver sold 500,148 shares, about 10 per cent of his holdings. Flint sold 60,658 shares, and Mackay sold 8,618 shares. ...

  4. Business - Money - STOCKS

    Macau casinos' shares fall on lower Lunar New Year revenue

    Posted Feb 20th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com HSBC says gaming income misses target despite 20pc rise in mainland tourists during new year Macau casino shares fall on low holiday revenue Macau casino shares dropped steeply on Tuesday in response to a report from HSBC Global Research that gaming revenues failed to reach its projections for the first 17 days of this month. Shares in SJM led ...

  5. Business - Money - STOCKS

    Investors dump Fu Ji despite revamp

    Posted Jul 09th 2013, 12:00am by Ray Chan

    ... restructurings and that an auditor had certified it had sufficient working capital. The Hang Seng Index yesterday closed 1.31 per cent lower after recovering from a sharp fall in earlier trading, ...

  6. Business - Money - STOCKS

    A toast to 20 years of H-share listings

    Posted Jul 02nd 2013, 12:00am by Enoch Yiu

    ... with Hong Kong and international standards in terms of disclosure and corporate governance. "This is how they could restructure all the state-owned enterprises in the past 20 years, ... and investment banks help with the restructuring. Lee said some mainland officials and Hong Kong executives had proposed letting H shares list on a second board, called the China board, which would only ...

  7. Business - Money - STOCKS

    Bank shares tumble after freeing of lending rates

    Posted Jul 23rd 2013, 12:00am by KANIS LI

    ... per cent to HK$3.15. HSBC economist Qu Hongbin said the PBOC's next move would be to widen the floating range for deposit rates, but this would require the introduction of deposit ...

  8. Business - Money - STOCKS

    Carlyle's exit prompts sell-down in insurance stocks

    Posted Jan 09th 2013, 12:00am by Jeanny Yu

    ... to buy HSBC's stake in the nation's No 2 insurer. Ping An fell 4.01 per cent to HK$68.15, on a day the Hang Seng Index lost 0.94 per cent. In Shanghai, Ping An dropped 3.7 per cent to 45.46 yuan (HK$56.60). HSBC fell 0.36 per cent to HK$82.75. Fund managers are expecting more falls in the near term for mainland insurers, given the relatively expensive valuation and less ...

  9. Business - Companies - STOCKS

    Doubts rise over Li & Fung future

    Posted Feb 09th 2013, 12:00am by Anita Lam

    ... profit on January 11. But Yan said most of the losses came from the expenses to restructure its brands and business model, which he said was a good decision as many of the brands offered low ...

  10. Business - Money - STOCKS

    Liquidity will drive up Hong Kong stock in 2013: SCMP Survey

    Posted Dec 29th 2012, 12:00am by Jeanny Yu

    ... of portfolios, strategists from Goldman Sachs, UBS, HSBC and select star fund managers are bullish on cyclical shares, including some industrial and resources firms, on the back of a boost ... that sell discretionary items which people buy more in boom times and cut back on during recessions. HSBC fund manager Mandy Chan, whose fund beat the Hang Seng Index this year, said investors ...




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