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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 663.60
Bid: 663.70
Ask: 663.80
Change: 1.70 (0.26%)
Spread: 0.10 (0.015%)
Open: 663.10
High: 665.80
Low: 661.10
Prev. Close: 661.90
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UPDATE 1-BlackRock joins investor group seeking emission curbs

Thu, 09th Jan 2020 16:40

(Adds context on investor group and BlackRock's past voting
record, activist comments)

By Ross Kerber

BOSTON, Jan 9 (Reuters) - Top asset manager BlackRock Inc
said on Thursday it has joined the Climate Action 100+
investor group seeking emission curbs.

A spokesman for New York-based BlackRock said via e-mail
that "evidence of the impact of climate risk on investment
portfolios is building rapidly" and reiterated past comments the
company will accelerate its talks with corporate executives on
climate risk.

Climate Action 100+ was begun in 2017 and includes nonprofit
organizations and investors including units of HSBC Holdings PLC
, Manulife Financial Corp and the California
Public Employees' Retirement System.

With some $7 trillion under management BlackRock has an
influential voice on how large corporations act on climate
matters such as greenhouse gas emissions.

However to date BlackRock has taken few steps sought by
critics such as backing shareholder resolutions calling for more
emissions disclosures or giving details of its specific talks
with corporate executives.

The BlackRock spokesman, Farrell Denby, did not provide more
details or make executives available for comment

Several activists said they welcomed BlackRock's step but
are waiting to see what specific actions the asset manager might
take.

"BlackRock needs to lend its voice to the many involved in
CA100+ calling for no new investment in expanding fossil fuel
production," said Mark Campanale, chairman of London-based
climate researcher Carbon Tracker, via e-mail.

In a statement on its website Climate Action 100+ steering
committee member Mindy Lubber said that "With BlackRock’s
commitment to the goals of the initiative, we will assuredly see
more impactful results in tackling the global climate crisis."

(Reporting by Ross Kerber;
Editing by Chizu Nomiyama and Andrea Ricci)

More News
30 Oct 2023 11:56

LONDON MARKET MIDDAY: Investors buy ahead of interest rate decisions

(Alliance News) - Stock prices in London were firmly up at midday on Monday, as investors awaited this week's central bank decisions in Japan, the US and the UK.

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30 Oct 2023 09:00

LONDON MARKET OPEN: Stocks rise; Ascential surges on disposals

(Alliance News) - Stock prices in London opened higher on Monday, as investors anticipated the week's central bank meetings, and considered the latest events in the Middle East.

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30 Oct 2023 07:44

LONDON BRIEFING: Pearson upgrades annual guidance; HSBC profit misses

(Alliance News) - Stocks in London are expected to start the week on a more optimistic note, as investors look ahead to central bank decisions and weigh up the potential risk from developments in the Middle East.

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30 Oct 2023 07:28

HSBC Q3 profit misses expectations; $3bn share buyback announced

(Sharecast News) - HSBC posted a smaller-than-expected jump in third-quarter profits on Monday, as it announced a $3bn share buyback.

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30 Oct 2023 06:56

LONDON MARKET EARLY CALL: FTSE to rise before central bank meetings

(Alliance News) - Stocks in London are set to open higher on Monday, as investors look ahead to the week's central bank decisions.

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30 Oct 2023 05:14

TOP NEWS: HSBC launches USD3 billion buyback as quarterly profit jumps

(Alliance News) - HSBC Holdings PLC on Monday reported that quarterly profit more than doubled, but fell short of market expectations, as it prepared to launch a USD3 billion share buyback.

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27 Oct 2023 10:05

IN BRIEF: HSBC completes GBP2 billion share buyback

HSBC Holdings PLC - London-based bank - Completes its USD2 billion share buyback on Thursday. Since launching the programme in early August, HSBC buys back 129.8 million shares in the UK at an average price of GBP6.19 and 129.1 million shares in Hong Kong at an average price of HKD60.60. The buyback is run by Merrill Lynch International. After cancelling the 258.9 million shares, HSBC will have 19.8 million shares, including 325.3 million held in treasury.

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23 Oct 2023 15:46

UK earnings, trading statements calendar - next 7 days

Tuesday 24 October 
Angling Direct PLCHalf Year Results
Anglo American PLCTrading Statement
Barclays PLCQ3 Results
Bunzl PLCTrading Statement
FD Technologies PLCHalf Year Results
Gattaca PLCFull Year Results
Petra Diamonds LtdQ1 Results
Scancell Holdings PLCFull Year Results
Softcat PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
WAG Payment Solutions PLCTrading Statement
Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Virgin Wines UK PLCFull Year Results
Thursday 26 October 
Bank of Ireland Group PLCTrading Statement
Bloomsbury Publishing PLCHalf Year Results
Botswana Diamonds PLCTrading Statement
C&C Group PLCHalf Year Results
e-Therapeutics PLCHalf Year Results
Financials Acquisition CorpTrading Statement
GCP Infrastructure Investments LtdTrading Statement
HarbourVest Global Private Equity LtdHalf Year Results
Hummingbird Resources PLCTrading Statement
Hunting PLCTrading Statement
Inchcape PLCTrading Statement
International Personal Finance PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Renishaw PLCTrading Statement
Standard Chartered PLCQ3 Results
Unilever PLCTrading Statement
WPP PLCTrading Statement
Friday 27 October 
International Consolidated Airlines Group SAQ3 Results
NatWest Group PLCQ3 Results
Monday 30 October 
Airtel Africa PLCHalf Year Results
Computacenter PLCTrading Statement
Glencore PLCTrading Statement
HSBC Holdings PLCQ3 Results
Lok'n Store Group PLCFull Year Results
Pearson PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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17 Oct 2023 09:21

LONDON BROKER RATINGS: SocGen cuts HSBC to sell; DB down on utilities

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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9 Oct 2023 08:46

LONDON MARKET OPEN: Oil majors lifted by tensions in Middle East

(Alliance News) - Stock prices in London opened lower on Monday as investors were put in a risk-off mood at the start of a new week amid exploding tensions in the Middle East.

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9 Oct 2023 08:15

UPDATE: HSBC hails "milestone" as buys Citi consumer wealth in China

(Alliance News) - HSBC Holdings PLC on Monday declared the acquisition of Citigroup Inc's consumer wealth management portfolio in China to be a "milestone" on the road to building its wealth capabilities in Asia.

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9 Oct 2023 07:42

LONDON BRIEFING: Metro Bank secures deal to shore up finances

(Alliance News) - Stocks in London are set to open higher on Monday as interest rate expectations held steady despite Friday's bumper US nonfarm payrolls report.

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9 Oct 2023 06:58

TOP NEWS: HSBC buys Citigroup consumer wealth business in China

(Alliance News) - Citigroup Inc on Monday announced it has agreed to sell its onshore consumer wealth portfolio in China to HSBC Bank China, an arm of London-based lender HSBC Holdings PLC.

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3 Oct 2023 11:59

LONDON MARKET MIDDAY: HSBC and StanChart help FTSE 100 outperform

(Alliance News) - London's FTSE 100 grew in confidence as Tuesday morning progressed, going into the afternoon in the green and outperforming European peers.

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27 Sep 2023 14:28

TRADING UPDATES: Wishbone loss widens; Camellia hit by bad weather

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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