*Hong Kong shares flat ahead of major bank earnings. SHANGHAI, Aug 19- China's stock indexes fell slightly by midday on Tuesday due to weakness in the financial sector while Hong Kong shares were mostly flat on investor caution ahead of earnings.
Sharnie Wong, Asia Banks Analyst, Barclays explains why she is overweight on HSBC and Bank of China Hong Kong.
China’s largest state-owned banks are moving big chunks of their European business to Luxembourg as they seek to escape tougher regulation in the City of London. The FT reports.
and HSBC, two major banks in the offshore yuan market, have raised yuan deposit rates in Hong Kong, amid increasing competition to attract more yuan funds and maintain market share.