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  • July 27, 2014
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  1. Citibank unit taps parent's expertise

    Posted Aug 12th 2004, 12:00am by Staff Reporter

    ... the success of HSBC's Household International in the US, we plan to put more resources in the consumer finance sector,' said Hang Seng Bank chief executive Vincent Cheng Hoi-chuen. 'We ...

  2. Propelled to fame by two bugs

    Posted Aug 22nd 2003, 12:00am by Mary Ann, Mary Ann Benitez

    ... all these on their own,' she said. While leaner, the health department has been wearing a friendlier public face since the Medical and Health Department was restructured drastically ...

  3. Interest cut for elderly prompts warnings

    Posted Aug 09th 2004, 12:00am by Elaine Wu

    ... in interest for one month. Adding the elderly interest rate would have more than doubled the interest return. Of the major banks in Hong Kong, HSBC, Hang Seng and Standard Chartered do not give ...

  4. Measures to curb lending expected

    Posted Apr 21st 2006, 12:00am by Cary Huang

    ... investment, investment in real estate development was 279.3 billion yuan, up 20.2 per cent year on year. Qu Hongbin, HSBC's chief China economist, said a rebound in fixed-asset investment growth ...

  5. Room for H shares provided right methodology is used

    Posted Apr 21st 2006, 12:00am by Tom Holland

    ... by a larger mainland bank. Even so, his argument is ludicrous. Followed to its logical conclusion, it would mean HSI Services should exclude giants such as Hutchison Whampoa and HSBC Holdings ...

  6. Will projects launched in the second half revive the housing market?

    Posted Aug 04th 2004, 12:00am by Staff Reporter

    ... 'No' Derek Cheung, head of property research, HSBC Securities (Asia) 'TO ANSWER THIS question, we need to understand why the housing market began to weaken in the second quarter. From August last year to June this year, the overall average house price rose 49 per cent, largely driven by speculative investors seeking to pre-empt a surge in demand generated ...

  7. Silver lining for economy may not shine so brightly

    Posted Aug 04th 2004, 12:00am by Staff Reporter

    ... only a handful of bank results. But they are from some key lenders, and the pattern emerging is clear. Bank of East Asia, DBS Bank, Hang Seng Bank and HSBC all reported rises in bottom-line ...

  8. Beijing's policies fail to address trade imbalance

    Posted Jul 11th 2007, 12:00am by Cary Huang

    ... economist at HSBC, said global manufacturers were continuing to shift labour-intensive stages of production into the mainland. 'Every three minutes, there is a new foreign joint venture set up ...

  9. Credit card issuers tread uncharted waters

    Posted Apr 17th 2006, 12:00am by Staff Reporter

    ... to the expanding market. Foreign player HSBC Holdings has worked with the Bank of Communications, the fifth-largest lender in the mainland, to offer credit cards since last year, while Citic group ...

  10. Shotgun marriage of two rail systems likely to backfire on MTR

    Posted Apr 13th 2006, 12:00am by Jake Van Der Kamp

    ... an upfront payment of $4.25 billion. We shall treat this as the equivalent of $361 million a year by assigning it a percentage cost of 8.5 per cent, 50 basis points over the HSBC prime rate of 8 per ...




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