Jan. 5, 2009 (China Knowledge) - BOC International cut its target price for HSBC Holdings<5><HBC> to HK$72 amid the economic downturn. BOC International also forecast HSBC Holdings' earnings per share (EPS) will drop by 15.1%...
HSBC Holdings<0005><HBC>, the largest bank by market value in Europe, has no timetable for raising its shareholding in China's Bank of Communications (BoComm)<601328><3328>, the fifth largest bank in China, said Vincent Cheng, HSBC executive director and chairman for Asia-Pacific, Reuters reported...
LONDON, March 20 - A stock market rally over the past 10 days has helped rights issues achieve high take-up rates, boding well for HSBC Holdings'...
HSBC Holdings Plc announced Tuesday that the company will join an underwriting group of bonds issued by the Bank of Shanghai, becoming the first foreign bank in China to participate the underwriting of yuan-denominated bonds issued by Chinese financial institutions. The Bank of Shanghai plans to ...
TAIPEI, Nov 2 - HSBC Holdings, Europe's biggest bank will focus its Asia acquisitions strategy on China and other expanding markets, Sandy Flockhart, chief executive of Hong Kong and Shanghai Banking Corp said on Monday....
HSBC Holdings Plc<0005><HBC> is now the leading bidder for the Chinese, Indian and Malaysian retail and commercial banking assets of Royal Bank of Scotland Group Plc, the Wall Street Journal reported, citing a person familiar with the situation as saying.The assets are worth upwards of US$200 million,...
HSBC Holdings PLC said Friday that it will return the principal office of the group chief executive to Hong Kong, a small but symbolic gesture that highlights the rising importance of the UK bank's business in Asia鈥攑articularly in China, where it hopes to list its shares. The announcement is a ...
HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, announced Monday that its mainland unit, HSBC Bank (China) Co Ltd, issued RMB 2 billion in RMB-denominated bonds to investors in Hong Kong last Friday.The bonds have a maturity of two years and carry a fixed coupon rate of...
HSBC Jintrust Fund Management Co, HSBC Holdings Plc's<0005><HBC> China fund venture, expects to establish a small-cap equity fund this year, a senior executive of the company, sources reported.The move is expected to help HSBC Jintrust Fund to double its assets under management over the next five years....
HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, is in advanced talks with China-based Industrial Securities Co to set up an securities venture, a Hong Kong-based Chinese newspaper reported.If the things go well, the two parties are expected to reach an agreement as early as...