Latest News for: Hsbc asia

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A 'Mind-Boggling' Individual Investor Boom Stirs Up Markets in Asia

Wall Street Journal 04 Mar 2021
“We’ve seen armies of Asia retail investors appear and invest in sizes that are mind-boggling, both in terms of trading volumes and the value of shares traded,” said Herald van der Linde, head of Asia-Pacific equity strategy at HSBC.
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UK banks face savings glut on road to pandemic recovery

Metro USA 02 Mar 2021
Full-year earnings reported by HSBC, Barclays, Lloyds and NatWest last month revealed the extent to which lenders’ finances have been upended by the crisis ... Subscribe. ... Graphic ... The fall was a more modest 10% at HSBC, which benefited from a more international footprint and exposure to markets in Asia that proved more resilient over the year ... .
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Hang Seng Index to Expand Members to 80 in Biggest Makeover

Caixin Online 01 Mar 2021
(Bloomberg) — Hang Seng Indexes Co ... “This is expected to help reduce the volatility of the HSI,” said Jingyi Pan, a market strategist at IG Asia in Singapore. “Immediately, those above 8% in terms of weighting — Tencent, AIA, HSBC — come to mind with selling pressure expected under the changes.” ... and Hong Kong Exchanges & Clearing Ltd ... .
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HSBC bonuses signal company's change of focus to Asian market

China Daily 01 Mar 2021
International banking group HSBC has sent another signal that it is looking to increase its focus on activities in Asia after it was revealed that the number of staff based in Europe who earned one million euros ($1.2 million) or more in 2020 was 324, down from 420 the previous year.
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HSBC Doubles Down on China and Asia Amidst Criticism by US, UK

The Epoch Times 28 Feb 2021
... in the UK and the United States for endorsing the national security law forced upon Hong Kong by the CCP, global banking giant HSBC is now doubling down on China and the Asia market.
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HSBC expansion in Hong Kong will give city a much-needed boost

South China Morning Post 28 Feb 2021
Asia – specifically southern China – is where the real money is.
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Top British stocks for March 2021

The Motley Fool 27 Feb 2021
We asked our freelance writers to share the top British stocks they’d buy this March ... Kevin Godbold ... HL) ... HSBC. Shares in the Asia-focused bank HSBC (LSE ... Andy Ross does not own shares in HSBC ... The Motley Fool UK has recommended Avon Rubber, Barclays, Diageo, Hargreaves Lansdown, HSBC Holdings, Just Eat Takeaway.com N.V., Keywords Studios, and Morrisons.
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HSBC should lean into its Asia pivot to have a shot at becoming ‘The Bank’ ...

South China Morning Post 26 Feb 2021
HSBC describes its strategy internally as an acceleration of its “pivot to Asia” – ...
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HSBC to Prune Europe, U.S. Investment Bank to Fund Asia Expansion

Caixin Online 24 Feb 2021
(Bloomberg) — HSBC Holdings Plc will shift billions of dollars of investment to Asia’s faster growing economies as it looks to become the go-to bank for the region’s wealthy ...The new story here is Asia wealth.” ... HSBC said it shrank staff numbers by 11,000 in 2020 and that more shrinkage was inevitable.
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Profit of HSBC falls a third in 2020

China.dot.org 24 Feb 2021
HSBC said its strategy includes accelerating the shift of capital to areas, principally Asia and wealth, delivering faster, easier and more secure digital banking as well as capturing the opportunities presented by the transition to a low-carbon economy. HSBC said after the ...
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Lean times force banking giant to slim down

The Times/The Sunday Times 24 Feb 2021
HSBC will plough more capital into Asia and wealth management while reducing its dividend payouts and cutting costs in an attempt to boost returns and ...
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UK share investing: a FTSE 100 dividend stock I’d buy for my ISA in March

The Motley Fool 24 Feb 2021
The short-term economic outlook is packed with possible pitfalls as the Covid-19 crisis continues ... Standard Chartered (LSE ... As I recently explained with regards to HSBC, I think the total financial services market in Asia will grow at a stratospheric pace over the next decade ... The Motley Fool UK has recommended HSBC Holdings and Standard Chartered ... .
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European stocks mixed after Asian sell-off

Yahoo Daily News 24 Feb 2021
A collection of British ten and twenty pound sterling banknotes are seen displayed. Photo. Dinendra Haria / SOPA Images/Sipa USA. The FTSE 100 (^FTSE) underperformed on Wednesday as a runaway pound sterling hit share prices on the index ... Chart. Yahoo Finance ... HSBC(HSBA.L), which makes most of its profits in Asia, trailed the FTSE 100 ... READ MORE ... WATCH ... .

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