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Top related persons:
Steven Sun - 1 Wu Qing - 1 Morgan Stanley - 1 Laura Wang - 1 Wang - 1 Xi Jinping - 1 Michael Bloom - 1
Top related locs:
China HSBC China Shanghai Beijing Chongqing — Shenzhen
Top related orgs:
Beijing - 1 Authorities - 1 HSBC - 1 Finance - 1 Information - 1 Inovance - 1 Naura Tech - 1 Sanqi Entertainment — HSBC - 1

Search resuls for: "HSBC China"


3 mentions found


☆ China says it plans to boost these industries. Stocks to play the trend
  + stars: | 2024-03-10 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +6 min
"MS' Economics team believes that the announced fiscal package is insufficient to boost the economy as fiscal package remains supply-centric," Wang said. "Policy support for developing advanced production capacity will lead to increased capex in associated value chains like the industrials and IT sectors," the HSBC analysts said. All four stocks are listed in Shenzhen: Inovance — as a seller of factory automation components, Inovance should "benefit from the recovery of the discrete automation market in 2024," the HSBC analysts said. The HSBC analysts expect Innolight to increase its sales of its most advanced product, and introduce an even better product in the fourth quarter. Sanqi Entertainment — HSBC analysts expect this gaming stock can nearly double to 36 yuan a share.
Persons: Steven Sun, Wu Qing, Morgan Stanley, Laura Wang, Wang, Xi Jinping, Michael Bloom Organizations: Beijing, Authorities, HSBC, Finance, Information, Inovance, Naura Tech, Sanqi Entertainment — HSBC Locations: China, HSBC China, Shanghai, Beijing, Chongqing —, Shenzhen
☆ HSBC China says it's unaware of remittance curbs after Mobius' claims
  + stars: | 2023-03-07 | by ( ) www.reuters.com   time to read: +2 min
HSBC China made the statement in response to Reuters' questions regarding Mark Mobius' claims that he could not remit his money out of China from his account with HSBC in Shanghai due to China's capital controls. Mobius, founder of Mobius Capital Partners, told FOX Business last week that he faced all kinds of barriers in the process, including requirements to show records from 20 years of how he made the money. HSBC China declined to comment on individual client circumstances but said: "As common practices in many countries commercial banks conduct businesses under operational procedures and control requirements for processing transactions appropriately." The Chinese forex regulator added it will urge commercial banks to optimise cross-border financial services and improve quality of service. Reporting by Shanghai newsroom; Editing by Christopher Cushing and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.
☆ HSBC extends Chinese private banking network to lure new digital millionaires
  + stars: | 2022-10-11 | by ( Selena | ) www.reuters.com   time to read: +2 min
FILE PHOTO: Pedestrians wearing face masks following the coronavirus disease (COVID-19) outbreak, walk past a HSBC bank branch in Hong Kong, China February 22, 2022. HSBC sees robust demand for wealth management in Chengdu, capital of the western province of Sichuan with more than 21 million people. The bank has already launched private bank services in Beijing, Shanghai, Guangzhou and Shenzhen. “As a new class of HNW and ultra HNW individuals emerges from the vigorous development of Hangzhou’s digital economy, demand for international wealth management has also grown significantly,” Jackie Mau, head of global private banking at HSBC China, said in a statement. Beijing launched in late 2020 a crackdown that effectively halted Ant’s initial public offering that could have created more millionaires keen for wealth services.
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