Hong Kong

Balyasny on hunt for top stock pickers in Hong Kong and Singapore

The hedge fund is searching for new talent in Asia

1 min read

HKEX’s profit falls for second straight quarter on weak trading, listings

Hong Kong Exchanges & Clearing said first-quarter net profit fell 13% from a year earlier to $379.1m

2 min read

Hong Kong’s IPO drought casts pall over region’s businesses

New listings in the city dropped to the lowest total in more than 20 years in 2023

6 min read

Citi promotes Aveline San to Hong Kong and Macau chief

As chief executive for Hong Kong and Macau, San’s responsibilities include fostering key client and regulatory relationships

1 min read

London is the destination of choice for Hong Kong’s most affluent

The BNO scheme provides a direct route to UK citizenship for most Hong Kongers

8 min read

Hong Kong won’t appeal ex-JPMorgan banker bribery acquittal

Leung Kar-cheung was acquitted of two counts of bribery on 1 February

1 min read

HSBC is overhauling its equities trading unit in London amid a push to Asia

HSBC cuts staff and shakes up executives in London equities unit

HSBC makes widespread job cuts at its equity trading division in London as EMEA head of sales trading Oliver Kadhim will move to Hong Kong

5 min read

HSBC is cutting jobs and slashing costs. And then there's China

A massive overhaul is rocking HSBC. Here’s what you need to know

The bank has been shaking up its leadership and slashing jobs amid a shift of operations to Asian hubs

2 min read

HSBC has installed new leaders in its European debt capital markets business as one of its senior dealmakers in France steps down

HSBC overhauls debt capital markets as Gabizon exits after 35 years

Frédéric Gabizon, head of European public sector and head of DCM for France and Belgium, is stepping down as the bank steps up its overhaul

2 min read

HSBC is seeking to thin out its mid-level ranks in the UK as it shifts more operations to Asia, sources told FN

HSBC London bankers brace for job cuts amid Asia shift: ‘There is a lot of middle management in the UK’

Mid-level bankers at HSBC say their jobs are being targeted as leaders of three of the company's biggest business units will soon be in Asia

4 min read

HSBC under pressure from global politicians to unfreeze ex-Hong Kong lawmaker’s accounts

Freezing the former lawmaker's accounts 'undermine the open societies and free economies that underpin HSBC's success', the letter says

3 min read

Dump HSBC, Standard Chartered over Hong Kong, UK lawmakers tell BlackRock and Wimbledon

The group of MPs called the banks' support of China's new security laws in Hong Kong 'fundamentally unethical'

Noel Quinn, chief executive officer of HSBC Holdings PLC, speaks during a panel discussion at the Bloomberg New Economy Forum in Beijing, China, on Friday, Nov. 22, 2019.

HSBC is obliged to comply with Hong Kong police requests on account freezes, chief exec tells MPs

‘I’m not making a moral judgment, it’s not my position to make a moral or political judgement on these matters’

Noel Quinn, CEO of HSBC, is expected to appear before UK politicians to answer questions over the bank's decision to freeze the accounts of activists in Hong Kong

HSBC chief Noel Quinn facing MP questions over freezing Hong Kong activist’s accounts

Activist Ted Hui called on UK lawmakers to question the FTSE 100 bank on its actions

Ted Hui wrote on Facebook that Noel Quinn had told him that HSBC “had no choice” but to legally freeze his bank accounts and credit cards after they’d been instructed to do so by the Hong Kong police

HSBC boss Noel Quinn writes to ex-Hong Kong lawmaker to explain why his accounts were frozen

Ted Hui slams the UK lender for ‘political toadyism’ after freezing his bank accounts and credit cards

When dealing with China, banks may need ‘one company, two systems’

Businesses face the prospect of being caught in the political crossfire between two superpowers. There is a way through to safety, but it will require some work

5 min read

Volatility pushes HSBC’s hedging costs to decade high

The bank’s shares in Hong Kong rose after hitting a 25-year low last month

1 min read

Fund powerhouse Vanguard to halt its Hong Kong operations

Vanguard said it will 'wind down' its Hong Kong operations and exit its exchange-traded funds in the region, with around six such products listed on the Hong Kong Stock Exchange

1 min read

Founder of Alibaba Group Jack Ma

Billionaire Jack Ma’s Ant Group files for bumper listing which could be the world’s largest IPO

The payment and financial technology company did not specify the amount to be raised in the IPO

1 min read