Latest News for: Hsbc asia

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A 'Luxe' welcome for the Rabbit

The Manila Times 26 Jan 2023
HSBC Philippines welcomed the Year of the Rabbit with a grand celebration of hope, prosperity and boundless possibilities ... HSBC Philippines President and CEO, Sandeep Uppal, shared at the start of the celebration, "We are very pleased to welcome the Lunar New Year through a face-to-face celebration with our distinguished guests and customers.
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Blockchain-based Red Date Technology introduces Universal Digital Payment Network

Financial Express 23 Jan 2023
It is believed that UDPN is a distributed ledger technology platform. Follow Us ... Reportedly, representation was done of banks such as Deutsche Bank, HSBC, Standard Chartered, The Bank of East Asia, and Akbank were present on a panel at the UDPN launch in Davos. Also Read. “What do we know, and what have we learned” feat. FTX collapse ... FTX collapse.
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China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

Bitcoin 23 Jan 2023
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies ... It did not specifically name them but representatives of Deutsche Bank, HSBC, Standard Chartered, and the Bank of East Asia were present at the UDPN event ... ....
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China’s population is shrinking. The impact will be felt around the world

CNN 19 Jan 2023
The last time China’s population decreased was in 1961, during a famine that killed tens of millions of people across the country ...The Chinese economy is entering a critical transition phase, no longer able to rely on an abundant, cost-competitive labor force to drive industrialization and growth,” said HSBC chief Asia economist Frederic Neumann.
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HSI flat as HSBC sets 22,810 target

Hong Kong Standard 17 Jan 2023
Meanwhile, Herald van der Linde, HSBC Global Research's head of equity strategy for Asia Pacific, said the bank preferred growth stocks, especially Chinese internet companies, in Hong Kong this year.
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FTSE 100 in sight of record high as financial stocks gain

Reuters 16 Jan 2023
Summary. Companies ... Financial stocks were the top gainers, with Asia-focussed HSBC (HSBA.L) and Prudential (PRU.L) up 0.8% and 2.5% respectively on hopes that China's rapid reopening from COVID lockdowns will boost the global economy ... "Confidence has rebounded as investors eye China's reopening." ... Our Standards ... Read Next. Video ... ....
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Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

Bitcoin 14 Jan 2023
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF) ... Samsung’s Bitcoin Futures ETF ... while HSBC Institutional Trust Services (Asia) Ltd ... In June last year, the Hong Kong firm launched “Samsung Blockchain Technologies ETF” and “Samsung Asia Pacific ex NZ Metaverse Theme ETF.” ... ....
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China’s demand surge is Xi’s reform opportunity

Asiatimes 13 Jan 2023
“While the re-opening is likely to be a bumpy affair amid surging Covid-19 cases and increasingly stretched health systems, our economists expect growth momentum across Asia to gather steam, led by China,” says Herald van der Linde, HSBC’s head of Asia-Pacific equity strategy.
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Role in supply chains grows

China Daily 10 Jan 2023
... competitiveness of regional supply chains, according to a report by HSBC. In Asia, intermediate goods imports from the Chinese mainland now account for close to 20 percent of all component imports on average, said HSBC's Asian Economics Quarterly. Retooling Factory Asia report.
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Travel curbs rack up as Covid-hit China readies reopening

Dawn 06 Jan 2023
“While the re-opening is likely to be a bumpy affair amid surging COVID-19 cases and increasingly stretched health systems, our economists expect growth momentum across Asia to gather steam, led by China,” Herald van der Linde, HSBC’s head of equity strategy, Asia Pacific, said in a note. Southeast Asia open.
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Futu Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited

Eagle-Tribune 22 Dec 2022
In addition, the Company has appointed HSBC Securities Brokers (Asia) Limited as the designated securities dealer and Goldman Sachs (Asia) Securities Limited as the alternate designated securities dealer to carry out bridging and other trading arrangements in good faith and on ...
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HSBC launches wealth management center

Taipei Times 18 Dec 2022
“We are fully committed to Taiwan, as it is an important market in Asia and we aim to be the leading wealth management bank,” HSBC Holdings PLC wealth and personal banking chief executive Nuno Matos told a news conference in Taipei on Friday.
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China air travel demand rebounds Bloomberg

Beijing News 18 Dec 2022
Holiday bookings have reportedly jumped on reopening news ... That's equivalent to several thousand flights per day returning to the skies ... They will probably eke out a small profit in 2023 before generating record earnings in 2024, head of transport research for Asia Pacific at HSBC Holdings, Parash Jain, told Bloomberg ... (RT.com) ....
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China air travel demand rebounds – Bloomberg

Russia Today 18 Dec 2022
Holiday bookings have reportedly jumped on reopening news ... That’s equivalent to several thousand flights per day returning to the skies ... READ MORE ... They will probably eke out a small profit in 2023 before generating record earnings in 2024, head of transport research for Asia Pacific at HSBC Holdings, Parash Jain, told Bloomberg.

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