Just over a year after HSBC Holdings acquired the UK unit of Silicon Valley Bank (SVB) for £1 (US$1.27), wealthy customers from Hong Kong and the rest of Asia are …
A spectacular run in Chinese stocks has divided global investment banks into two camps, with Goldman Sachs, UBS Group and HSBC Holdings firmly in the bullish camp while Morgan Stanley …
But even with this shift in approach, observers did not seem ready to declare the end of the crisis in sight. “It is really too small to make more than …
On Friday, Longfor Group Holdings surged 11 per cent to HK$15.30 and China Overseas Land and Investment jumped 4.4 per cent to HK$16.52. China’s CSI 300 Real Estate index of …
Hang Seng Indexes Company, the compiler of Hong Kong’s Hang Seng Index, will add handset assembler BYD Electronic International to the benchmark following its latest quarterly review, replacing Country Garden …
China’s largest insurer Ping An Insurance (Group) has sold HK$392 million (US$50 million) worth of its shares in London-based HSBC in an apparent tantrum days after reports that the bank’s …
Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It is a question that is undoubtedly preying on the minds …
“The executives who attend the summit can also meet local staff and clients, while some of them could also visit the mainland. They can share their insights about Hong Kong …
Despite easing to 60.8 in April from 61.2 in the previous month, India’s service sector kept humming, recording one of the fastest growths in output in fourteen years, according to …
Goldman Sachs said changes are afoot in China that point to a potentially stronger risk appetite and a more conducive trading environment for A shares in the near term, after …