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Stock market riots

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    #11
    Originally posted by The Lone Gunman View Post
    Hence the question mark.
    If there are heavy losses in Hong Kong and Shanghai and the locals are causing a run on the banks I am guessing that the Hong Kong and Shanghai bank is likely to have problems.
    you do know that HSBC is a british bank?
    Coffee's for closers

    Comment


      #12
      Originally posted by snaw View Post
      Ummm ... where to start.
      go on, I am interested. Enlighten me.
      I am reading how the Chinese are borrowing to buy shares. HSBC is a local bank, possibly the biggest so is it not likely they have loaned a lot of this money?
      I am not qualified to give the above advice!

      The original point and click interface by
      Smith and Wesson.

      Step back, have a think and adjust my own own attitude from time to time

      Comment


        #13
        Originally posted by Spacecadet View Post
        you do know that HSBC is a british bank?
        HSBC parent is in Hong Kong.
        I am not qualified to give the above advice!

        The original point and click interface by
        Smith and Wesson.

        Step back, have a think and adjust my own own attitude from time to time

        Comment


          #14
          Originally posted by Spacecadet View Post
          you do know that HSBC is a british bank?
          WHS.
          Hang on - there is actually a place called Cheddar?? - cailin maith

          Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

          That will be a simply fab time to catch up for a beer. - Tay

          Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

          Comment


            #15
            Its down 5% at the moment, but its share price still looks healthy.
            Last edited by M_B; 8 October 2008, 13:07.

            Comment


              #16
              Originally posted by The Lone Gunman View Post
              HSBC parent is in Hong Kong.
              http://www.hsbc.com/1/2/about-hsbc



              We are the world's local bank.

              Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBC's international network comprises around 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.

              With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around 200,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depositary Receipts.

              Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.
              Hang on - there is actually a place called Cheddar?? - cailin maith

              Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

              That will be a simply fab time to catch up for a beer. - Tay

              Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

              Comment


                #17
                Originally posted by The Lone Gunman View Post
                HSBC parent is in Hong Kong.
                From Wiki (http://en.wikipedia.org/wiki/HSBC)

                HSBC Holdings plc <snip></snip> is a public limited company incorporated in England and Wales, headquartered in London.[1] It is the holding company of the world's largest company, and it is the world's largest banking group[2][

                Comment


                  #18
                  Originally posted by snaw View Post
                  WHS.
                  Hong Kong and Shanghai Banking Corporation HSBC. Big clue in the name there guys.
                  I may be wrong but I was under the impression that this company owns HSBC UK.
                  Please correct me.
                  I am not qualified to give the above advice!

                  The original point and click interface by
                  Smith and Wesson.

                  Step back, have a think and adjust my own own attitude from time to time

                  Comment


                    #19
                    Originally posted by PRC1964 View Post
                    From Wiki (http://en.wikipedia.org/wiki/HSBC)

                    HSBC Holdings plc <snip></snip> is a public limited company incorporated in England and Wales, headquartered in London.[1] It is the holding company of the world's largest company, and it is the world's largest banking group[2][
                    WHS as well as WIS.
                    Hang on - there is actually a place called Cheddar?? - cailin maith

                    Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

                    That will be a simply fab time to catch up for a beer. - Tay

                    Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

                    Comment


                      #20
                      Originally posted by The Lone Gunman View Post
                      Hong Kong and Shanghai Banking Corporation HSBC. Big clue in the name there guys.
                      I may be wrong but I was under the impression that this company owns HSBC UK.
                      Please correct me.
                      You're wrong.
                      Hang on - there is actually a place called Cheddar?? - cailin maith

                      Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

                      That will be a simply fab time to catch up for a beer. - Tay

                      Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

                      Comment

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