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  • November 1, 2014
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Results 1 - 10 of 11 for hsbc

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  1. Business - Money - STOCKS

    HK stocks hit by sell-off after US market tumbles

    Posted Oct 10th 2014, 12:00pm by CHIM SAU-WAI

    ... scheduled for Friday. Banks and energy stocks were the index movers as their share prices slumped in the morning session. HSBC declined by about 1.4 per cent, CNOOC dropped by more than 3 per cent ...

  2. Business - Money - STOCKS

    Fund managers pull out of Hong Kong companies amid rising risk

    Posted Oct 07th 2014, 05:26am by Jeanny Yu

    ... at this point in time it is difficult to assess how much," said HSBC analysts led by Herald van der Linde in a report yesterday. The benchmark Hang Seng Index, with half of its weighting from ... growth. HSBC said it expected earnings of local companies to fall 8.1 per cent next year, following a 26.2 per cent growth this year. That would imply a significant re-rating of local stocks, ...

  3. Business - Money - STOCKS

    Occupy Central protests keep pummelling HK stocks after holiday break

    Posted Oct 03rd 2014, 10:48am by RAY CHAN AND JEANNY YU

    ... the hardest hit this morning. Heavyweight HSBC lost 1.89 per cent to trade at HK$78.05. Of the Big Four mainland banks, China Construction Bank dropped the most, shedding 1.1 per cent to HK$5.38. ...

  4. 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 ...

  5. 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. ...

  6. 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 ...

  7. 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 ...

  8. 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 ...

  9. Business - Companies - STOCKS

    Outlook dims for Li & Fung shares

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

    ... 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 ... The discontinuation of the US brands would cut hundreds of millions of US dollars from Li & Fung's revenue while incurring US$200 million of costs, it said. But an HSBC report said Li & ...

  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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