How To Open an HSBC Account

Monday, 25 May 2020, 09:00:00
It’s simpler than you think to get started with HSBC.
— GO Banking Rates

Hong Konger’s Card Game Passions Drives HSBC Digital Payment Growth

Monday, 25 May 2020, 03:28:20
HSBC’s PayMe – Hong Kong’s largest e-wallet operator – reached 2 million users, fuelled in part by the city’s love for card and tile games.
— Finews.Asia

Thanks to mahjong and poker, HSBC’s e-wallet hits new milestone on pandemic-driven surge in online payments

Monday, 25 May 2020, 01:30:18
HSBC’s digital payment platform PayMe is enjoying a surge in popularity during the coronavirus pandemic, hitting a new milestone since its introduction in 2017, as consumers go online to pay for everything from face masks to virtual social games.Its users reached the 2 million landmark last week, the lender said, representing a 25 per cent jump from a year earlier. The increase, together with 10 other e-wallets in the city, helped underpin a three-fold surge in transactions through the faster…
— South China Morning Post

Hedge Funds Have Never Been More Concentrated Into The Same Handful Of Stocks

Sunday, 24 May 2020, 19:25:00
Hedge Funds Have Never Been More Concentrated Into The Same Handful Of Stocks Tyler Durden Sun, 05/24/2020 – 15:25 Six years ago, back in 2013 , we presented what we then viewed (and still view) as the best trading strategy of the New Ab normal period, when we said that buying the most shorted names while shorting the names that have the highest hedge fund concentration and institutional ownership is the surest way to generate alpha , to wit: … in a world in which nothing has changed from a year ago, and where fundamentals still don’t matter, what is one to do to generate an outside market return? Simple: more of the same and punish those who still believe in an efficient, capital-allocating marketplace and keep bidding up the most shorted names. Following this initial observation, we would periodically urge readers to keep doing this simple trade year after year, which repeatedly proved to be the best source of alpha in a market that has become infatuated with beta, as none other than Bank of America confirmed in late 2019 when it showed that going long the most shorted names and shorting the most popular ones has continued to be not only the most consistently profitable, alpha-generating strategy, but that in 2019, the top 10 crowded stocks underperformed the 10 most neglected stocks by 23%, the most on record!
— Zero Hedge

The banks offering ZERO interest

Thursday, 21 May 2020, 19:10:35
More than 200 High Street banks, including giants like HSBC, have a mere 0.01 per cent interest rate, meaning customers who invest £10,000 will only claw in £1.
— Daily Mail Online