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HSBC is reportedly aiming to be among the first few foreign companies to float their shares in China, as mainland authorities prepare to allow non-Chinese firms to list in Shanghai.
HSBC Holdings could be among the first foreign firms to list on the Shanghai stock exchange within two to three years as the mainland's richest city ramps up its ambitions to become a global ...
HSBC, which holds 19.01 percent of Shanghai-based Bank of Communications (BoCom), said earlier this week that it would subscribe to a BoCom rights issue in full for $921 million.
November 28, 2001 Posted: 1417 GMT. LONDON (CNN) -- HSBC Holdings, Europe's biggest bank by market value, said on Wednesday it is in talks to buy a stake in China's Bank of Shanghai.
HSBC seeks Shanghai stake November 28, 2001: 9:16 a.m. ET Europe's biggest bank in talks to buy stake in China's Bank of Shanghai ...
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