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Results 1 - 10 of 220 for hsbc restructuring

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  1. Business - Economy

    China services growth slows in December: HSBC PMI

    Posted Jan 04th 2013, 10:24am by Reuters in Beijing

    ... that a fourth-quarter economic growth revival will remain modest. The HSBC services Purchasing Managers’ Index (PMI) for December softened to 51.7 in December from 52.1 in November. The December reading was the lowest since August last year. A reading above 50 indicates growth is accelerating, while one below 50 indicates it is slowing. The HSBC services PMI follows a complementary survey ...

  2. Slow-burn China reforms light a fire under investors

    Posted Oct 01st 2005, 12:00am by Tom Holland

    ... As foreign banks queue up for a piece of the action, Tom Holland advises caution China has always shied away from Big Bang financial restructuring. But the rapidly accelerating succession ... restructuring, China's two flagship listing candidates, CCB and Bank of China, remain riddled with inefficiencies and problem loans. Industrial and Commercial Bank of China, the mainland's ...

  3. China is as China does

    Posted Oct 12th 2011, 12:00am

    ... where the foreign management of the foreign firm has the upper hand in the negotiations. Therefore, if the bank, HSBC or whoever, buys in in a bigger way and goes to the State Council and says, 'We need to bring in drastic reform to make this work,'- and that drastic reform needs to include redundancies, major restructurings, write-offs, write-downs- it's not at all clear ...

  4. China bank wins 11th hour reprieve on bad-loan book

    Posted Oct 06th 2005, 12:00am by Staff Reporter

    ... loan portfolio. In the wake of a massive financial restructuring last year, the China Banking Regulatory Commission (CBRC) set an end-of-year deadline for CCB to hit profitability and asset ... 'This is a restructuring story rather than a growth story,' said Yang Liu, a managing director with Atlantis Investment Management. She said management was '100 per cent focused ...

  5. Business - Economy - MAINLAND

    China manufacturing grows at slowest pace for months

    Posted Feb 25th 2013, 09:48am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Output at factories slows sharply this month after reaching a two-year high in January China manufacturing retreats from 2-year high: HSBC ... The HSBC flash purchasing managers' index (PMI) for China retreated from a two-year high of 52.3 in January to 50.4 in February, according to a preliminary survey issued by HSBC and Markit ...

  6. Business - Banking & Finance - STAFFING

    Global banks hiring staff in China

    Posted Oct 15th 2012, 12:00am by PHOENIX KWONG

    ... the expansion of their networks. Three European banks- Britain's HSBC and Standard Chartered, and Germany's Deutsche Bank- are hiring people for various functions on the mainland, according ... such as HSBC are continuing to build their branch networks and are adding to their headcounts according to a headhunter familiar with HSBC's hiring plan on the mainland. Robert Grandy, a managing ...

  7. Business - Economy - ECONOMY

    PMI pickup cuts odds for policy easing

    Posted Dec 04th 2012, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com HSBC survey confirms expansion in mainland manufacturing, but data shows weakness in US PMI pickup cuts odds for easing The mainland's manufacturing sector is picking up, reducing the odds for further policy easing in the near term, but economists say a recovery might be uneven. The HSBC Purchasing Managers' Index rose to 50.5 ...

  8. HSBC seals advisory role with Chang An Hospital

    Posted Jul 27th 2004, 12:00am by Elaine Chan

    ... Elaine Chan HSBC will provide advice to a Sino-foreign hospital in an agreement that could give the financial giant access to China's fast-growing health industry. Chang An Hospital, which aims to more than double the value of its assets over the next two years, last week signed a framework agreement with HSBC. The bank will draw up strategies for fund-raising, acquisitions, ...

  9. State's grip loosens as world banks on China

    Posted Oct 01st 2005, 12:00am by Staff Reporter

    ... Bei Hu Foreign investments, multibillion-dollar listings and government bailouts mark a period of seismic restructuring among mainland lenders THE PAST TWO years have been among the most ... Bank, which kickstarted the massive restructurings of the Big Four state banks. ICBC, the Bank of China, China Construction Bank and the Agricultural Bank of China still control more than 50 per ...

  10. Comment - Blogs

    China news round-up: Dandong denies halt to North Korea tourism, cargo traffic reported normal

    Posted Apr 11th 2013, 06:59am by Patrick Boehler

    ... in the fashion world." Time Weekly* looks at the employees losing out in the restructuring of the tobacco industry.   Politics and civil society Radio Free Asia Uyghur boy hacked to death ...




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