The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 692.80
Bid: 693.60
Ask: 693.90
Change: -4.90 (-0.70%)
Spread: 0.30 (0.043%)
Open: 697.70
High: 702.30
Low: 692.00
Prev. Close: 697.70
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Former Hong Kong lawmaker Ted Hui says his bank accounts frozen

Sun, 06th Dec 2020 13:04

(Add police statement)

HONG KONG, Dec 6 (Reuters) - Former Hong Kong lawmaker Ted
Hui said on Sunday his local bank accounts appeared to have been
frozen after fled to Britain with his family to continue his
pro-democracy activities.

Hui told Reuters via social media WhatsApp that bank
accounts belonging to him, his wife and his parents at Bank of
China Hong Kong, HSBC and Hang Seng Bank were
frozen. He gave no further details.

Democracy activists say conditions have worsened in the
former British colony after China imposed security legislation
on the financial hub in June, making anything Beijing regards as
subversion, secession, terrorism or colluding with foreign
forces punishable by up to life in prison.

China, which promises Hong Kong a high degree of autonomy,
denies curbing rights and freedoms, but authorities in Hong Kong
and Beijing have moved swiftly to quash dissent after
anti-government protests erupted last year and engulfed the
city.

Local media reported that at least five accounts worth
hundreds of thousands of U.S. dollars belonging to Hui and his
family had been inaccessible since Saturday.

Hui contacted the banks and was told there were "remarks"
placed on his accounts, but the staff refused to provide further
information, Hong Kong's South China Morning Post reported.

"We do not comment on the details of individual accounts," a
Hang Seng Bank spokesman told Reuters by email. HSBC and Bank of
China did not immediately respond to requests for comment.

Hong Kong police said late on Sunday that they were
investigating a Hong Kong person, who had absconded overseas
with bank accounts being frozen, for suspected money laundering
and possible violation of the new national security law.

It was not immediately clear who police were referring to.

Hui said on Thursday he had fled Hong Kong after facing
criminal charges and would seek exile in Britain.

One of the pro-democracy activists arrested last month and
charged with disturbing legislature proceedings, Hui arrived in
Copenhagen last week on an invitation from Danish lawmakers.

Hong Kong's Security Bureau issued a statement on Friday
that, while not naming Hui, said "running away by jumping bail
and using various excuses such as so-called 'exile' to avoid
one's responsibility is a shameful, hypocritical and cowardly
act of recoil".

Hui was one of several opposition lawmakers who quit Hong
Kong's Legislative Council last month in protest at the
dismissal of four colleagues in what they called another push by
Beijing to suppress democracy in the city.
($1 = 7.7507 Hong Kong dollars)
(Reporting by Yanni Chow and Donny Kwok; Editing by William
Mallard and David Clarke)

More News
6 Sep 2023 15:22

America Movil prioritizing peso-denominated debt, CFO says

Sept 6 (Reuters) - Mexican telecommunications giant America Movil is looking to increase the percentage of its debt held in pesos, Chief Financial Officer Carlos Garcia Moreno said on Wednesday.

Read more
5 Sep 2023 12:05

IN BRIEF: Kinovo renews banking facilities with partner HSBC

Kinovo PLC - London-based property services provider offering safety compliance and sustainability solutions - Renews banking facilities with partner HSBC Holdings PLC. The facilities have been renewed to May 31, 2024, to align with Kinovo's year-end reporting schedules. They consist of a GBP2.5 million overdraft facility at an interest rate of 2.85% above the Bank of England base rate and a GBP6.0 million purchasing card facility, on which there is no interest charge.

Read more
4 Sep 2023 07:54

Ex-GIC bond manager to launch hedge fund -BNP Paribas

LONDON, Sept 4 (Reuters) - Reuben Abrams, a former portfolio manager at Singapore sovereign wealth fund GIC, is set to launch a hedge fund by year-end in London, according to a note to clients from BNP Paribas.

Read more
1 Sep 2023 18:26

RBC's $10 bln deal for HSBC unit approved by Canada's Competition Bureau

Sept 1 (Reuters) - Canada's Competition Bureau said on Friday that Royal Bank of Canada's (RBC) C$13.5 billion ($10 billion) offer to buy HSBC's domestic unit was unlikely to hurt competition, clearing the way for the country's largest bank to push ahead with its biggest acquisition.

Read more
1 Sep 2023 00:01

Some UK banks improving interest rates for savers, says watchdog

LONDON, Sept 1 (Reuters) - More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said on Friday.

Read more
30 Aug 2023 12:19

40-year mortgage terms now offered by HSBC UK

(Alliance News) - HSBC Holdings PLC's HSBC UK is offering 40-year mortgages to help people on to or up the property ladder.

Read more
29 Aug 2023 17:27

European shares at two-week high; UK's FTSE 100 outperforms

U.S. job openings data boosts Fed pause bets

*

Read more
29 Aug 2023 12:51

China's Ping An Insurance first-half profit falls 1.2%, retail business weakens

HONG KONG/BEIJING, Aug 29 (Reuters) - Ping An Insurance (Group) Co of China Ltd on Tuesday reported a 1.2% drop in first-half net profit.

Read more
29 Aug 2023 09:27

LONDON BROKER RATINGS: UBS cuts HSBC; Barclays cuts SDCL Energy

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
29 Aug 2023 07:49

LONDON BRIEFING: Bunzl profit up; Rio Tinto sells copper project stake

(Alliance News) - Stocks in London are called to open higher on Tuesday, following a long bank holiday weekend.

Read more
27 Aug 2023 11:37

Saudi Arabia healthcare group Fakeeh Care weighs IPO, appoints HSBC - sources

DUBAI, Aug 27 (Reuters) - Saudi Arabia's Fakeeh Care, one of the largest private hospital groups in the kingdom, is considering selling a 30% stake through an initial public offering (IPO), two sources with knowledge of the matter told Reuters.

Read more
21 Aug 2023 09:24

LONDON BROKER RATINGS: Jefferies raises HSBC price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
21 Aug 2023 07:43

LONDON BRIEFING: Crest Nicholson lowers annual profit forecast

(Alliance News) - Stocks in London are called flat on Monday, with little in the way of economic data or company updates to reignite risk appetite.

Read more
18 Aug 2023 17:34

European shares sink to lowest in six weeks, China woes loom large

China-exposed firms fall on growth concerns

*

Read more
18 Aug 2023 10:22

UK banking stocks are undervalued, says Shore Capital

(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.