HSBC Bank (China) Co on Friday inked an agreement to provide a credit line of US$250 million to Shanghai Electric Group Co Ltd (SEG)<601727><2727>, China's largest producer of power equipment, to fund the manufacturing giant's development amid the global economic crisis, according to a statement...
* HSBC outperforms on strong response to rights * Local property stocks jump on signs of recovery in sales * HSI hits three-month high; analysts expect further upside (Updates to close) HONG KONG, April 6...
* HSI soars to 3-month high; biggest gain in 4 months * HSBC makes biggest-advance in five months * Turnover soars to three-month high, topping HK$75 billion (Updates to close) HONG KONG, April 2 -...
SEOUL, March 24 - HSBC <HSBA.L> still sees significant opportunities in Asia's insurance market, particularly in countries like India and China, and will not rule out possible acquisitions, a top executive said on Tuesday. David...
HSBC China's profit before taxes hit RMB 2.2 billion(US$321 million), up 85.2% from a year earlier, and its operating income reached RMB 5.4 billion, up 44.5% year on year, according to its statement on Wednesday.Last year, HSBC's loans in China grew 14% year on year and the number of its outlets in...
The Securities and Futures Commission (SFC) of Hong Kong has started a formal probe in the abrupt plunge in shares of HSBC Holdings Plc<5><HBC> in the closing auction session on Monday, shortly before the bank giant's rights issue of US$17.7 billion among existing shareholders, according to SFC's...
For Shanghai market reports, please double-click on [.SS] * Partial recovery in HSBC after record loss on Monday * Energy stocks climb tracking oil price jump * Sinotrans Shipping soars on better-than-expected earnings (Updates to...
HONG KONG, March 10 - HSBC Holdings <HSBA.L>, whose shares fell to their lowest level since 1995 on Monday but enjoyed a bounce on Tuesday, said further price volatility was likely on Wednesday as investors...
* Partial recovery in HSBC after record loss on Monday * Energy stocks climb tracking oil price jump * Sinotrans Shipping soars on better-than-expected earnings (Updates to midday) HONG KONG, March 10 - Hong Kong...
HSBC Holdings<5><HBC>, the largest bank by market value in Europe, will raise its holding in China's Bank of Communications (BoComm)<601328><3328>, the fifth largest bank in China, if possible, said Vincent Cheng, HSBC Executive Director and Chairman for Asia-Pacific, on Friday...