HONG KONG (MarketWatch) -- Hong Kong stocks opened on a weak note Wednesday, as weaker-than-expected official manufacturing data for July and overnight losses on Wall Street weighed on banking, resource and mainland property shares.

On Monday, HSBC Holdings PLC ADR (NYSE:HBC) reported its second quarter earnings and discussed the following topics in its earnings conference call.

--KDB Financial drops plan to acquire HSBC's retail business in South Korea. --Disagreement between both parties over staff employed by HSBC.

LONDON--Banking giant HSBC Holdings PLC (HBC) said Tuesday its subsidiary HSBC Europe (Netherlands B.V.) has sold its 100% interest in its Hungarian subsidiary, HSBC Credit Zrt, to Central-Fund Kockazati T kealap for an undisclosed sum.

KDB Financial's Acquisition of HSBC's Retail Business in Korea Falls Through. Published July 31, 2012. Dow Jones Newswires.

HONG KONG (MarketWatch) -- Hong Kong stocks advanced Tuesday, on course for a fourth straight day of gains amid hopes for monetary stimulus from global central banks, with heavyweight HSBC Holdings PLC rising after posting half-yearly results.

HONG KONG (MarketWatch) -- Hong Kong stocks advanced Tuesday, on course for a fourth straight day of gains amid hopes for monetary stimulus from global central banks, with heavyweight HSBC Holdings PLC rising after posting half-yearly results.

H1 2012 Earnings Call. See if (HBC) is traded within the Action Alerts PLUS portfolio by Cramer and Link. July 30, 2012 6:30 am ET.

Executives. Douglas Jardine Flint - Group Chairman. Stuart T. Gulliver - Chairman of Group Management Board, Group Chief Executive Officer and Executive Director.