One sector in China is getting the money and growth. Stocks to play it
An issue that’s frequently come up in my five years in China is how hard it is for many businesses to get a loan. That’s partly because the big banks …
HSBC Holdings PLC
Metro Bank expected to struggle to raise capital with ‘no easy solutions’
The U.K.’s embattled Metro Bank has launched talks to sell a third of its mortgage book in an urgent attempt to shore up its balance sheet. Matthew Horwood | Getty …
JPMorgan Chase UK shouldn’t ‘deplatform’ crypto industry
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images …
Looking for value stocks? Citi lists over 10 global names
European value stocks are doing better than growth stocks right now, according to Citi analysts. “We believe European Value still has more to run with its undemanding valuations and upside …
HSBC-backed startup is using AI to help banks fight financial crime
The co-founders of Silent Eight, from left to right: Michael Wilkowski, Julia Markiewicz and Martin Markiewicz. Silent Eight WARSAW — When it comes to financial crime, banks can often be …
HSBC names Europe’s ‘most and least vulnerable stocks’ as rates rise
Analysts at British bank HSBC have named the “most and least vulnerable stocks” in the European market, which is currently weighed down by a spike in corporate lending rates. “Across …
Durian demand has soared 400%, fueled by China’s ‘craze’ for the fruit
Different varieties of durian fruits on display at a durian stall in Petaling Jaya, Selangor, Malaysia,. Bloomberg | Bloomberg | Getty Images Some say it’s sticky-sweet, others say it smells …
Hong Kong’s benchmark Hang Seng index closes in bear market territory
People standing in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong on July 26, 2021, after stocks plunged as tuition firms …
Alibaba is doubling down on A.I. — Chinese stocks to watch
Chinese e-commerce giant Alibaba is declaring a new era. “We believe the growth opportunity driven by AI services have just begun,” management said in a conference call with analysts Thursday. …
HSBC sees 89% YOY rise in Q2 pre-tax profit, beating analysts’ expectations
An HSBC Holdings bank branch in Hong Kong on May 24, 2022. A Hong Kong-based trade platform launched by HSBC Holdings three years ago with much fanfare has shut down …