• Tuesday
  • October 21, 2014
  • Last updated: 2:10pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 94 for hsbc

Related topics matching your search

Search results

  1. Mainland telecoms firms prop index as HSBC dips

    Posted Jul 20th 2005, 12:00am by Staff Reporter

    ... telecommunications operators offset a slump in HSBC triggered by worse than expected second-quarter earnings from its bigger rival Citigroup. Investors began taking profit on Sino Land, New World Development ... to five days. At the close of trading, the index was 0.74 point higher at 14,567.74 after moving in a range between 14,493.27 and 14,625.08 points. HSBC pulled the index 32.2 points lower ...

  2. HSBC establishes insurance offices in the mainland

    Posted Sep 18th 2003, 12:00am by Enoch Yiu

    ... HSBC has set up six insurance representative offices on the mainland and hopes to be granted a licence to sell life and general insurance policies by 2006. The step takes the group closer ... before applying for a licence. Choy Chung-foo, chief executive of HSBC Insurance (Asia-Pacific) Holdings, said HSBC already met two other requirements: a 30-year track record in the insurance ...

  3. Reliable HSBC makes basket case of newly released Sprint Funds

    Posted Mar 12th 2005, 12:00am by Staff Reporter

    ... Kelvin Wong It's a standing joke that investment advisers always tell clients to put their money on HSBC whenever they are in doubt about the market outlook. But we wonder ... pretty much like any other structured products but there's a catch: the payout of the two 'Sprint Funds' will not rely on HSBC's share price performance alone. 'The ...

  4. HSBC close to Korea bank deal

    Posted Nov 13th 2004, 12:00am by Louis Beckerling

    ... Louis Beckerling The banking giant may be third time lucky, with a bid of US$3b to buy 49pc of the country's eighth-largest lender HSBC is poised to pay debt work-out specialist Newbridge Capital up to US$3 billion for its 49 per cent stake in Korea First Bank (KFB), analysts say. Should the deal be concluded, it would be third time lucky for HSBC, which has twice before ...

  5. HSBC acquires Marks & Spencer's banking unit for $11b

    Posted Jul 13th 2004, 12:00am by Louis Beckerling

    ... Louis Beckerling HSBC Holdings, parent of Hong Kong's biggest lender, is to buy the financial services arm of British clothing retailer Marks & Spencer for GBP762 million ... with global rivals Citigroup and Newbridge Capital for access to Japan's consumer finance market. 'We go from one acquisition story to another and the message is that HSBC has done its big ...

  6. HSBC's overnight rally runs out of steam

    Posted Aug 04th 2004, 12:00am by Louis Beckerling

    ... Louis Beckerling and Prashant Rao A post-results surge in HSBC's share price in overnight trade in London ran out of steam on the Hong Kong market yesterday. Reacting to news of a forecast-beating 55 per cent jump in net earnings to US$6.35 billion on Monday, investors chased HSBC shares 3.21 per cent higher to close at 833.5 pence (HK$119.040). On the Hong Kong market yesterday, ...

  7. Manager suspended, bank says HSBC deal still on

    Posted Jul 12th 2004, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai Hit by sit-ins at a Shanghai branch and a 200 million yuan fraud in Liaoning, the Bank of Communications (Bocom) is fighting to save an investment from HSBC ... 60 per cent of the shareholders at its annual meeting on June 20 had approved its plans to restructure and bring in strategic investors. 'Negotiations with HSBC are going smoothly,' ...

  8. Shares slip as players await HSBC earnings

    Posted Aug 03rd 2004, 12:00am by Staff Reporter

    ... as investors opted to stay on the sidelines before seeing interim results announcements from index heavyweights HSBC and Hang Seng Bank after the market close. Investors also feared persistently high ... Trading was quiet with turnover just exceeding $8 billion. 'Everyone now is just waiting for the results from HSBC and Hang Seng Bank,' one broker said. 'It was another unexciting ...

  9. HSBC turns poacher to snare mortgage clients

    Posted Aug 18th 2004, 12:00am by Louis Beckerling

    ... Louis Beckerling Refinancing other banks' customers accounts for 30pc of new business Hong Kong's biggest home lender HSBC employed a range of 'tactical offers' ... one of the attractions, Ms Sit said. She said HSBC had also almost doubled sales of investment products to customers during the first half of this year. Growth was recorded in all three ...

  10. Household returns and exchange rate gains offset global downturn

    Posted Aug 05th 2003, 12:00am by Staff Reporter

    ... Two recent acquisitions and exchange rate gains were the main drivers of banking giant HSBC Holdings' robust 25 per cent year-on-year surge in first-half net profit to US$4.1 billion, ... with short or poor credit histories - boosted HSBC's interim pre-tax cash profit by US$651 million, but was also the chief source for a tripling of its bad and doubtful debt charges ...




SCMP.com Account