We would love to hear your thoughts about our site and services, please take our survey 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: 695.60
Bid: 695.10
Ask: 695.50
Change: 27.50 (4.12%)
Spread: 0.40 (0.058%)
Open: 678.20
High: 702.40
Low: 677.60
Prev. Close: 668.10
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
2 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 buoyed by UK manufacturing growth

(Alliance News) - The FTSE 100 in London was up at midday on Tuesday, reacting to the UK manufacturing sector returning growth and further PMI data across the globe.

Read more
2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

Read more
2 Apr 2024 08:44

TOP NEWS: HSBC to pay special dividend after completing Canadian sale

(Alliance News) - HSBC Holdings PLC on Tuesday said it would pay shareholders a special dividend after completing the sale of its Canadian business.

Read more
2 Apr 2024 08:05

LONDON BRIEFING: HSBC in special payout on Canada sale; Astra FDA win

(Alliance News) - London's FTSE 100 traded higher on Tuesday following the long weekend, as investors react to US data, and look ahead to manufacturing sector readings from Europe later.

Read more
28 Mar 2024 09:55

UBS makes Ermotti Europe's best-paid bank boss with $16 mln package

Ermotti earned $15.9 mln in 2023

*

Read more
27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

Read more
27 Mar 2024 08:54

Britain's Vanquis bank 'resets' business after 2023 loss

LONDON, March 27 (Reuters) - Vanquis Banking Group on Wednesday said it was resetting its business, highlighting the challenges faced by Britain's smaller banks, after reporting a 4.4 million-pound ($5.55 million) loss before tax for 2023.

Read more
27 Mar 2024 07:44

Britain's Vanquis bank 'resets' business after 2023 loss

LONDON, March 27 (Reuters) - Vanquis Banking Group on Wednesday said it was resetting its business, highlighting the challenges faced by Britain's smaller banks, after reporting a 4.4 million-pound ($5.55 million) loss before tax for 2023.

Read more
25 Mar 2024 10:19

LONDON BROKER RATINGS: SocGen raises Sage; Numis cuts Virgin Money

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

Read more
18 Mar 2024 06:59

PRESS: M&S and HSBC planning loyalty "superapp", seven-year deal — Sky

(Alliance News) - Marks & Spencer Group PLC and HSBC Holdings PLC are preparing plans to announce a new seven-year deal that includes the creation of a loyalty "superapp", Sky News reported Sunday.

Read more
11 Mar 2024 14:05

HSBC to recruit about 50 more bankers for US commercial bank - Reuters

(Sharecast News) - HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to start-up companies, mainly in the technology and healthcare sectors, according to a senior executive.

Read more
7 Mar 2024 15:29

London close: Stocks finish firmer as US jobless claims rise

(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.

Read more
4 Mar 2024 21:56

IN BRIEF: HSBC issues USD2.75 billion worth of senior notes

HSBC Holdings PLC - Asia-focused lender - Issues USD1.50 billion 5.546% fixed rate/floating rate senior unsecured notes due 2030 and USD1.25 billion 5.719% fixed rate/floating rate senior unsecured notes due 2035. HSBC will apply to list the notes on the New York Stock Exchange.

Read more
1 Mar 2024 09:14

LONDON BROKER RATINGS: Numis cuts St James's Place to 'hold'

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

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.