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  1. Business - Economy

    China services growth slows in December: HSBC PMI

    Posted Jan 04th 2013, 10:24am by Reuters in Beijing

    ... that a fourth-quarter economic growth revival will remain modest. The HSBC services Purchasing Managers’ Index (PMI) for December softened to 51.7 in December from 52.1 in November. The December reading was the lowest since August last year. A reading above 50 indicates growth is accelerating, while one below 50 indicates it is slowing. The HSBC services PMI follows a complementary survey ...

  2. HSBC seals advisory role with Chang An Hospital

    Posted Jul 27th 2004, 12:00am by Elaine Chan

    ... Elaine Chan HSBC will provide advice to a Sino-foreign hospital in an agreement that could give the financial giant access to China's fast-growing health industry. Chang An Hospital, which aims to more than double the value of its assets over the next two years, last week signed a framework agreement with HSBC. The bank will draw up strategies for fund-raising, acquisitions, ...

  3. Business - Economy - MAINLAND

    China manufacturing grows at slowest pace for months

    Posted Feb 25th 2013, 09:48am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Output at factories slows sharply this month after reaching a two-year high in January China manufacturing retreats from 2-year high: HSBC ... The HSBC flash purchasing managers' index (PMI) for China retreated from a two-year high of 52.3 in January to 50.4 in February, according to a preliminary survey issued by HSBC and Markit ...

  4. Business - Banking & Finance - STAFFING

    Global banks hiring staff in China

    Posted Oct 15th 2012, 12:00am by PHOENIX KWONG

    ... the expansion of their networks. Three European banks- Britain's HSBC and Standard Chartered, and Germany's Deutsche Bank- are hiring people for various functions on the mainland, according ... such as HSBC are continuing to build their branch networks and are adding to their headcounts according to a headhunter familiar with HSBC's hiring plan on the mainland. Robert Grandy, a managing ...

  5. Business - Economy - ECONOMY

    PMI pickup cuts odds for policy easing

    Posted Dec 04th 2012, 12:00am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com HSBC survey confirms expansion in mainland manufacturing, but data shows weakness in US PMI pickup cuts odds for easing The mainland's manufacturing sector is picking up, reducing the odds for further policy easing in the near term, but economists say a recovery might be uneven. The HSBC Purchasing Managers' Index rose to 50.5 ...

  6. Mainland bankers in line for pay rises

    Posted Jul 18th 2012, 12:00am

    ... banks operate in China. Senior executives from 41 of those banks, including all the major players such as HSBC, Citigroup and Standard Chartered, participated in the survey, which was conducted ...

  7. Smoothing the way with transaction management

    Posted Oct 31st 2007, 12:00am by Martin Donovan

    ... and a situation best avoided by ... you guessed it, using a transaction management (TM) team. Microsoft and HSBC are two examples of multinationals that insist on TM when sourcing, but use it in different ... into the China property market and worked with high-level government contacts as well as 'leveraging off' the services of Jones Lang LaSalle. HSBC has retained a TM specialist to deal ...

  8. China sets sights on 10pc trade growth

    Posted Jun 27th 2012, 12:00am

    ... Despite euro-zone woes and a weak US economy, the Ministry of Commerce forecasts that China's international trade will grow at a moderate pace - barring global catastrophes. A HSBC ... to the mainland grew 9.5 per cent. In contrast, Hong Kong's exports to Germany plunged 20 per cent and its exports to the US fell 0.8 per cent in May. Meanwhile, the HSBC Trade Confidence Index ...

  9. No easy answer to how much fixed capital China requires

    Posted Jun 06th 2012, 12:00am

    ... Analysts at HSBC estimate that at the end of 2010, China's capital stock stood at about US$14 trillion. That's less than a third of the value of the capital stock of the United States, which came to almost US$45 trillion. In per capita terms, the discrepancy is even more pronounced. HSBC estimates that China's capital stock per worker is just 15 per cent of South ...

  10. Business - Economy - MARKETS

    China markets poised for recovery if US initiates third liquidity injection

    Posted Sep 06th 2012, 12:00am by Charlotte So

    ... by the US Federal Reserve begins in the fourth quarter, HSBC said. "The fear of China heading for a hard-landing is overstated," said Philip Poole, global head of macro and investment strategy at HSBC Global Asset Management. The Shanghai Composite Index dropped 0.3 per cent to 2,037 points yesterday, the lowest since February 2009. "The corporates in mainland China ...




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