Last checked at 17 Jan 2024 17:05
European shares slide more than 1% on hawkish ECB remarks, disappointing China data
Dec. EZ final consumer prices at 2.9% on yearly basis
*Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
HSBC Holdings Share News (HSBA)
HSBA Share
Price
HSBA Share
News
HSBA Share
Chat
HSBA Share
Trades11,654
HSBA
Live RNS
HSBA Share
Charts
HSBA Level 2
Console
HSBA Live
Share Price
HSBA Broker
Ratings
HSBA Directors
Deals
HSBA Financial
Diary
HSBA
Fundamentals
HSBA Short
Positions
HSBA
Media
HSBC Holdings Information
Share Price Information for HSBC Holdings (HSBA)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
699.20
Bid:
698.50
Ask:
698.80
Change:
3.20 (0.46%)
Spread:
0.30 (0.043%)
Open:
692.10
High:
699.30
Low:
691.50
Prev. Close:
699.20
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.JPMorgan downgrades HSBC on rising emerging market credit risk
Wed, 06th Jan 2016 10:14
(ShareCast News) - JPMorgan Cazenove downgraded HSBC to 'underweight' from 'neutral' as it sees the Asia-focused bank underperform peers due to the increasing probability of worsening credit in emerging markets.JPM said it saw valuation downside due to the potential for rising inflows of non-performing loans (NPLs) in emerging markets."We expect a modest increase in impairment with risks to the downside in 2016/17, primarily driven by Asia."Moreover, persistent pressure on revenues is forecast to continue despite rising US interest rates, while JPM saw "little or no growth" to come in the dividends per share (DPS) rate.The broker noted that the market is already pricing an EM NPL cycle into rival StanChart's valuation, which has brought its shares down to a 40% discount to HSBC, even though it has a stronger capital position based on CET1 levels and has already cut DPS to preserve capital.For dividend yield and for its top UK sector pick, JPM said it preferred Lloyds Banking Group."We believe management's cost focus is a positive with costs expected to remain flat over 2014-17E on an FX adjusted basis. However, we expect pressure on revenue to continue with the group restructuring $220bn RWAs over this period (ex Brazil & Turkey disposals) and a challenging outlook for redeployment into higher return business (circa $150bn)."JP Morgan's analysts not only forecast underlying revenues excluding disposals would be flat in 2016 but also saw downside risk to those forecasts, which were 2/3% below the general consensus, with DPS to remain flat at 50 cents in 2015 and 2016.They did not expect a DPS cut, nor assume neutralisation of the group's scrip dividend of circa 30%.
More News
16 Jan 2024 09:27
IN BRIEF: RBC targets completion of HSBC Canada buy in late March
Royal Bank of Canada - Toronto-based lender - Targets March 28 as close date for acquisition of HSBC Bank Canada. RBC will begin conversion activities once the transaction closes and will open the branches and offices in Canada for business a few days later on April 1.
Read more16 Jan 2024 09:14
LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read more15 Jan 2024 17:06
15 Jan 2024 17:00
European shares start week on shaky footing as bond yields rise
Commerzbank gains after merger talks with Deutsche Bank
*Read more15 Jan 2024 16:57
LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur
(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.
Read more15 Jan 2024 12:04
LONDON MARKET MIDDAY: Stocks head lower in quiet trade amid US holiday
(Alliance News) - Stock prices in London were lower at midday Monday, with trading likely to remain subdued due to a public holiday in the US.
Read more15 Jan 2024 09:11
LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more11 Jan 2024 22:04
First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers
Judge says bank must flesh out claims against ex-SVB employees
*Read more11 Jan 2024 20:28
First Citizens must 'clean up' claims that HSBC poached Silicon Valley Bank workers
Judge says bank must flesh out claims against ex-SVB employees
*Read more11 Jan 2024 17:03
11 Jan 2024 10:59
UK plans new system to tackle small bank failures after SVB collapse
LONDON, Jan 11 (Reuters) - Britain's finance ministry plans to introduce new procedures to manage the failure of small banks more effectively, it said on Thursday, following last year's high-profile collapse of U.S.-based Silicon Valley Bank (SVB).
Read more11 Jan 2024 09:26
TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy
(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".
Read more8 Jan 2024 09:49
Saudi Arabia plans benchmark-sized three-tranche bond
DUBAI, Jan 8 (Reuters) - Saudi Arabia plans to tap global debt markets on Monday with the sale of a triple-tranche bond with tenors of six, 10 and 30 years, IFR, a capital markets publication, reported.
Read more8 Jan 2024 09:24
LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more