Hong Kong top rich men is putting money to "save" HSBC

These top five riches men in Hong Kong: 李兆基, 長實 - 李嘉誠, 新世界發展 - 鄭裕彤, 華置 - 劉鑾雄, 新鴻基金融集團 are saying they will support the right issue of HSBC. They say they have confidence in the bank. However, they are big shot, they can get a lower commissions, so for the small investors, it may not be wise to follow them.

People suspect that so many rich guys are supporting HSBC, could it be supported by the mainland government. But the insider says, though mainland government is paying attention to the development of HSBC, as HSBC plays an important part for the Hong Kong to be financial center. But they will not interfere, at least at this moment.

HSBC drops 19% to $46.25. This is the second worst performance since 1987, where during 1987, the stock drop 21.69% in one day. Soon you will not only human, but dog ask for money on the street.

HSBC trading suspended, wait for results at 4pm

Trading in shares of HSBC Holdings was suspended in Hong Kong on Monday, the Hong Kong stock exchange said, ahead of what sources have said will be a rights issue of up to $18 billion to be announced later on Monday alongside its 2008 results.

Shares of HSBC's Hong Kong-based subsidiary, Hang Seng Bank, dropped 4% ahead of its own results for 2008. Daiwa Research expects Hang Seng's 2008 profit to drop to HK$14.06 billion from $18.24 billion in 2007.

匯控今早9:30開始停牌，與該公司有關的所有結構性產品，亦同時暫停買賣。消息指，滙控已將供股消息，知會主要投資者，又與三十家銀行接洽，而多個中東投資者，都有意供股。而供股集資完成後，滙控的核心一級資本比率將由百分之六點五，上升至百分之九點五，成為全球資本最充足的銀行之一。

滙控對上一次供股計畫，要追溯到八七年三月，八供一，供股價每股七元，集資三十三億元，集資理由同樣是增強資本，而同年十月即爆發股災，反映滙控管理層洞悉先機。當時為了吸引投資者供股，滙控更派發點心，八送一紅股。未知今次滙控會否再派發「甜品」吸引投資者供股。

Hong Kong Airport Aunty 機場阿嬸

Remember the Hong Kong bus uncle some years back? "You got pressure I also have pressure". Now we have Hong Kong airport aunty. This Chinese lady missed her flight at HK International Airport, and lets see what she did.

Come on, just miss a flight, does she need to act like this? No matter how hard she cries, the plane already flies away.