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  • September 19, 2014
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  1. Business - Economy - CHINA

    Mainland consumers more pessimistic this month

    Posted Aug 27th 2014, 10:33am by Victoria Ruan

    ... and production moderated, as indicated by the fall in the HSBC flash China manufacturing purchasing managers' index to 50.3 in August from 51.7 in July. The sentiment survey showed that confidence ...

  2. Business - Banking & Finance - CHINA

    HSBC and BEA approved to operate in Shanghai free-trade zone

    Posted Oct 13th 2013, 12:00am by KANIS LI

    ... Kanis Li Kanis.li@scmp.com Banks given approval for sub-branches in mainland's first free-trade area HSBC and BEA in for Shanghai trade zone HSBC and Bank of East Asia have won ... to set up a sub-branch in the zone, according to separate statements from HSBC and BEA. The Shanghai free-trade zone, the mainland's first such zone, was launched at the end of September. ...

  3. Business - Economy - CHINA

    HSBC says China's economy to take centre stage in 'new world'

    Posted Jan 19th 2013, 12:00am by PAUL SOH

    ... Paul Soh paul.soh@scmp.com Hit by debt and deleveraging, HSBC says outlook for the old world's US and Europe still bearish China to take centre stage in 'new world' The United States, Japan and Europe are set to take the back seat to China's economy, which will take the centre stage of the "new world", according to HSBC. The "old ...

  4. Business - Economy - CHINA

    Premier Li Keqiang rules out strong stimulus despite weaker growth

    Posted Apr 16th 2014, 11:46pm by Victoria Ruan

    ... up last month. Growth in power consumption, a leading indicator for business activity, rose 7.2 per cent in March from 4.5 per cent in the first two months of the year. HSBC economist Qu ...

  5. Business - Economy - CHINA

    Odds narrow on stimulus from Beijing amid economic slowdown

    Posted Mar 26th 2014, 06:34am by Reuters

    ... in mainland China on the world economy, although mainland shares listed in Hong Kong rallied on hopes for stimulus measures from Beijing. Covering March, the flash Markit/HSBC purchasing ...

  6. Lifestyle - Books - CHINA

    Book review: The Contest of the Century, by Geoff Dyer

    Posted Mar 23rd 2014, 03:52pm by Mark O'Neill

    ... chapters are those on the economy. HSBC predicts that by 2015, at least half of China's trade with the developing world, around US$2 trillion, will be in yuan. "The world is slowly, ...

  7. Business - Economy - CHINA

    China factory output rises to 2-year high

    Posted Jan 24th 2013, 11:24am by Victoria Ruan

    ... in the new year, analysts said. Recent reports about looser credit also added to confidence about a recovery. The HSBC flash purchasing managers' index (PMI) for China rose for a fifth month to 51.9 in January, from a final reading of 51.5 last month, according to preliminary survey results issued by HSBC and Markit yesterday. The new orders sub-index fell slightly to 52.7 from 52.9 ...

  8. Business - Economy - CHINA

    China's factories slow down as credit squeeze and holiday disruption kick in

    Posted Feb 02nd 2014, 04:27am by BLOOM

    ... Ding said. The government-sponsored PMI has a stronger representation of large companies and state-owned enterprises that serve the domestic market than the one prepared by Markit and HSBC ...

  9. Business - Economy - CHINA

    Growth slows for China's manufacturers, PMI shows

    Posted May 03rd 2013, 12:00am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com April's purchasing managers' index figure only marginally on positive side, HSBC finds Growth slows for manufacturers in weak ... growth", but cautioned against financial risks. The HSBC purchasing managers index, based on a survey of more than 400 mainland manufacturers by HSBC and Markit, posted a final reading of 50.4 ...

  10. Business - Economy - CHINA

    No spark in services data deepens China gloom

    Posted Jul 03rd 2013, 09:11am by Victoria Ruan

    ... the National Bureau of Statistics and HSBC suggest domestic demand is drooping at the same time as external appetite for mainland exports is shrinking, putting downward pressure on the economy. Yao ... 3.3 per to close at 8,900.25 points, its lowest since June 25, when it hit a 20-month trough. New orders climbed last month at their slowest pace in 55 months, according to the HSBC China ...




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