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  • September 17, 2014
  • Last updated: 1:22pm
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Results 1 - 8 of 8 for hsbc

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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 - 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. ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. 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 & ...

  7. 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 ...

  8. Business - China Business - STOCKS

    Mainland share market falls to lowest level in 3-1/2 years

    Posted Sep 21st 2012, 12:00am by Daniel Ren

    ... this year, following a 21.7 per cent slump in 2011. The preliminary reading of the HSBC's purchasing managers' index hit 47.8 in September, which showed the mainland manufacturing activity ...



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