9fin Hires Kerry McClelland as VP Finance

9fin has further expanded its senior leadership team by hiring Kerry McClelland as VP Finance The company now has nearly 200 employees across three global offices and continues to grow its team NEW Y

PR NewswireJun 14 20:00

HSBC Private Banking: Hang Seng Index's target of nearly 20,000 points is realistic, and a cautious attitude towards the profitability of Hong Kong-listed companies is maintained.

Fan Zhuoyun, Chief Investment Officer of HSBC Global Private Banking and Wealth Management Asia, said the bank's target forecast for the Hang Seng Index is closer to the 20,000-point level, reflecting a more cautious outlook on Hong Kong corporate earnings prospects, and market forecasts for Hong Kong stock earnings growth lag behind the Asian average at 14%. He believes that the target forecast is also realistic, but it depends on whether the mainland's economic growth momentum will accelerate, as 80% of the market cap of Hong Kong stocks are mainland enterprises. Ho Wai Wah, Chief Investment Officer of HSBC Global Private Banking and Wealth Management North Asia, is bearish on the real estate and medical care industries in terms of Chinese and Hong Kong stocks, and believes that the former is affected by policies and the rate of destocking is still to be observed, while the latter...

AASTOCKSJun 14 17:14

On June 13th, HSBC Holdings (00005.HK) spent HKD 232 million to repurchase 3.4212 million shares.

On June 14th, Gelonghui reported that HSBC Holdings (00005.HK) announced that it will spend HKD 232 million to repurchase 3.4212 million shares on June 13, 2024, with a repurchase price of HKD 67.5-68 per share.

Gelonghui FinanceJun 14 16:33

Hong Kong stocks: Hang Seng Index falls 170 points; Chow Tai Fook plunges 9%, and Zero Run soars 9%.

The US Dow Jones futures fell more than 100 points or 0.4%. Hong Kong stocks fell today, with the Hang Seng index opening down 84 points and falling 185 points in the early stages to a low of 17,927 points. The decline has since narrowed to 2 points to reach 18,109 points. During noon, it continued to hover around 18,000 points, falling 170 points or 0.9% for the whole day, closing at 17,941 points. The National Index fell 47 points or 0.7% to close at 6,374 points, while the Hang Seng Tech Index fell 31 points or 0.8% to close at 3,707 points. The total turnover of the whole market for the day was HKD 116.224 billion, with net inflows of RMB 4.313 billion and RMB 3.727 billion for the Shanghai and Shenzhen-Hong Kong Stock Connect, respectively.

AASTOCKSJun 14 16:26

HSBC Bank Plc: Post Stabilisation Notice

Yahoo FinanceJun 14 15:15

Express News | Birkenstock Holding PLC : HSBC Raises Target Price to $58 From $47

BreakingsJun 14 12:09