SHANGHAI, Aug 4 - HSBC Holdings Plc, Europe's biggest bank, said on Tuesday that it had appointed underwriters for an initial public offering in Shanghai, without giving names. China International Capital Corp and Citic Securities...
* HSBC plans to list as a holding company in Shanghai * Sources say IPO more likely in the second half of 2010 * Bank wants to list, yet to mandate underwriters * Could raise...
HSBC Bank (China) Co Ltd, the mainland subsidiary of HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, said on Tuesday that it has obtained approval to set up a branch in Taiyuan, the capital of the northwest Shanxi Province.The bank has further enhanced its presence in...
HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, may launch an initial public offering in mainland China as early as the first half of next year, said unnamed sources, the Apple Daily reported on Monday. The market expects that the bank will raise at least US$3 billion via the IPO and...
HSBC has picked four to five investment banks in its first round of selecting sponsorships and underwriters in its plan to launch shares in China, Apple Daily said yesterday citing unidentified sources. HSBC had invited mainland and Sino-foreign joint venture investment banks in the country to su...
HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, has obtained approval from the People's Bank of China (PBOC) to issue RMB 3 billion worth of RMB-denominated bonds in Hong Kong, sources reported. A source familiar with the matter said that there is still no timetable for the issuance....
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...
BEIJING, June 11 - HSBC Holdings <HSBA.L><0005.HK>, Europe's biggest bank, has no timetable for increasing its stake in China's Bank of Communications <3328.HK><601328.SS>, an HSBC senior executive said on Friday. HSBC currentl...
HSBC Holdings PLC<0005><HBC>, the biggest foreign bank in mainland China, has obtained regulatory approval to set up a joint venture (JV) insurance company, namely HSBC Life Insurance Co, with Beijing-based National Trust, the Standard reported....
Standard Chartered<2888> and HSBC Holdings Plc<0005><HBC> said on Wednesday that it will issue RMB-denominated bonds in mainland China, becoming the first foreign lender to do so, the Shanghai Daily reported. Standard Chartered Bank (China) Ltd, a locally incorporated subsidiary of the UK-based lender...