Transcript 投影片 1 - University of Hong Kong

HK economy and HSBC
Yau Tat Kwan, Jacob
2008046921
Analysis of current economy of
Hong Kong







Overview of Hong Kong’s real GPA
2008
4th quarter: -2.6%
2009
1st quarter: -7.8%
2nd quarter: -3.6%
3rd quarter: -2.4%
internal growth





private consumption expenditure edged up 0.2% in
Q3, contributing 0.1 percentage points to GDP
growth.
Gross fixed capital formation did even better by
rising 1.3%, contributing 0.3 percentage points to
GDP.
Government consumption expenditure also rising at
the fastest pace of 3.3% since the recession began
and contributing another
0.3 percentage points to GDP growth,
all three internal growth drivers combined
contributed 0.7 percentage points
HSBC


Stock number: 0005
The Hong Kong and Shanghai Banking
Corporation Limited (HSBC)
HSBC



One of the largest banking and financial
services organizations in the world.
An international network of some 10,000
properties in 86 countries and territories in
Europe; Hong Kong; Rest of Asia-Pacific,
including the Middle East and Africa; North
America and Latin America.
A comprehensive range of financial services is
offered to personal, commercial, corporate,
institutional, investment and private banking
clients.
Profits in 2008




Europe: US$10.9 billion, up 26 per cent.
Asia: US$11.9 billion, 11 per cent down
(Hong Kong): US$5.5 billion, down 26
percent
Latin America: US$ 2 billion, down 6 percent
HSBC HOLDINGS - 10 Years
(Monthly)
Earnings Summary
In the long run




Chinese economy has maintained decent
growth via domestic growth impetus,
providing solid support to the
Hong Kong economy.
Q1: 6.1%
Q2: 7.9%
Q3: 8.9%
Coming into the China Market



After the opening of a subsidiary bank in Fo
Shan, the next step is to set up further banks
in Zhong Shan and Wei Zhou.
The strategy is to occupy most important
cities in the Pearl River Delta.
Taking the advantage of this, HSBC would
like to become the first listed foreign
company in China.
References










http://www.hsbc.com/1/2/
http://n.yam.com/cna/china/200908/20090827845448.html
http://news.bbc.co.uk/chinese/trad/hi/newsid_7510000/newsid_751
6700/7516731.stm
http://hk.news.yahoo.com/article/100112/9/g2nm.html
http://www.takungpao.com/news/07/05/11/JJ-734779.htm
http://big5.jrj.com.cn/gate/big5/bank1.jrj.com.cn/news/2007-1214/000003056099.html
http://www.warrants.fortis.com.hk/warrants.aspx
http://news.bbc.co.uk/chinese/trad/hi/newsid_7670000/newsid_767
3400/7673496.stm
http://ct.acnnewswire.com/Article.Asp?Art_ID=559&lang=CT
http://boc.quotepower.com/web/bochk/stocks_quote.jsp?lang=zh_T
W&domain=BOCHK&rand=354963938&lastLevel1Name=nav_stocks&
lastStock=&stock=5&realtime=