The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 705.50
Bid: 707.20
Ask: 707.30
Change: 0.50 (0.07%)
Spread: 0.10 (0.014%)
Open: 706.50
High: 714.40
Low: 705.00
Prev. Close: 705.00
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-China companies issue staff with masks, travel warnings as virus outbreak fears grow

Wed, 22nd Jan 2020 12:06

(Updates to add quote from International SOS)

By Engen Tham and Scott Murdoch

SHANGHAI/HONG KONG, Jan 22 (Reuters) - Companies across
China are handing out masks and warning staff to avoid the
central city of Wuhan amid fears that the new flu-like
coronavirus will rapidly spread with much of population
embarking on travel for Lunar New Year holidays.

Firms from Foxconn to Huawei Technologies
and HSBC Holdings have issued advisories. The
government has urged members of the public to be extra careful
if showing symptoms of a fever or a cold, and has asked travel
and other companies to accommodate people who might be affected.

The death toll rose to nine on Wednesday with more than 470
confirmed cases, Chinese health officials said.

At Foxconn's Lunar New Year party on Wednesday, founder
Terry Gou advised Taiwan-based employees not to visit mainland
China during the week-long holiday period.

"Colleagues and their families who have come back from Wuhan
are all in isolation at home. The infection is spreading very
fast," Gou added.

Company workers in Wuhan, the centre of the outbreak, have
been wearing facemasks and getting their temperature checked,
the Apple supplier also said.

Huawei Technologies has asked staff to reduce travel to
Wuhan and avoid contact with animals, adding that it had set up
an outbreak prevention and control team in the city to carry out
disinfecting activities, according to an internal note seen by
Reuters.

Citic Securities and investment bank China
International Capital Corp have asked employees to
avoid trips to Wuhan and Hubei, the province of which it is the
capital, if they can, sources said. Employees who travel there
are required to report the trip.

Citic has also asked staff to voluntarily quarantine
themselves if they do travel to Hubei.

Huawei and Citic Securities did not respond to requests for
comment. A CICC representative declined to comment.

HSBC said it had advised employees that travel can continue
to Wuhan, but has asked them to be extra vigilant.

"We have stepped up cleaning measures at all our premises
and all employees have been reminded to be more mindful of
hygiene procedures and to stay at home or see a doctor if they
feel unwell in any way," a spokeswoman said in an email.

Didi Chuxing, China's largest ride-hailing company, said
this week it would issue masks and disinfectant to its drivers
and would let passengers and drivers in Wuhan cancel trips for
free in the days up to Jan. 31. The company would bear the
costs.

Anthony Renshaw, medical director for health consulting at
International SOS, said more than 100 multinational companies
had contacted the medical and travel security services firm so
far for information and advice, mainly about travel to Wuhan but
also for international planning.

"Some companies are wondering whether they should have
something like this, a global health incident plan. If they do
have something like this many of them are reviewing it in the
context of the coronavirus incident," he said.

"Companies are at the moment raising their crisis teams and
having regular meetings about the situation and getting
briefings.... A lot of multinationals are seeing this as a key
risk for business resilience."

Travel booking platforms such as Trip.com have said
users can cancel travel plans to Wuhan for free, while
Shanghai's Disneyland said it will waive rescheduling fees for
entry and hotel ticket buyers within six months of the purchase
date, given that customers might be changing their travel plans.

Hong Kong's Cathay Pacific Airways Ltd said it
will allow passengers to Wuhan to change or cancel flights
without charge through Feb. 15 and permit cabin crew to wear
masks on flights to the mainland.

Tencent Holdings also cancelled an annual event in
Shenzhen at which founder Pony Ma and other top executives hand
employees Lunar New Year red envelopes containing cash. A
spokesman for the tech giant declined to comment if it was due
to the virus.
(Reporting by Engen Tham and Scott Murdoch; Additional
reporting by Yimou Lee in Taipei, Zoey Zhang in Shanghai, Kane
Wu in Hong Kong, David Kirton in Shenzhen and Yilei Sun in
Beijing; Writing by Brenda Goh; Editing by Edwina Gibbs and
Peter Graff)

More News
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 09:18

Venture Life renews revolving credit facility with Santander and HSBC

(Alliance News) - Venture Life Group PLC on Friday said it had renewed its revolving credit facility with Santander UK PLC and HSBC Innovation Bank Ltd.

Read more
18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Secure Trust Bank PLCex-dividend payment date
Seed Innovations Ltdex-dividend payment date
Seplat Energy PLCex-dividend payment date
Shaftesbury Capital PLCex-dividend payment date
Spirax-Sarco Engineering PLCex-dividend payment date
St James's Place PLCex-dividend payment date
Stelrad Group PLCex-dividend payment date
Team Internet Group PLCex-dividend payment date
Tufton Oceanic Assets Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Volta Finance Ltddividend payment date
Wickes Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
17 Apr 2024 16:42

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects.

Read more
17 Apr 2024 11:49

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs on deal slowdown

HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects.

Read more
16 Apr 2024 17:09

Europe's STOXX 600 slides in broader market decline on geopolitical jitters

ECB policymakers stick with June rate cut plan

*

Read more
11 Apr 2024 10:06

Blackstone, CVC consider bids for Superstruct festivals firm, sources say

LONDON, April 11 (Reuters) - Blackstone and CVC are among a list of potential bidders for European festivals organiser Superstruct Entertainment, several sources with knowledge of the situation told Reuters.

Read more
9 Apr 2024 22:39

Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal

BUENOS AIRES, April 9 (Reuters) - Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lending in the South American nation.

Read more
9 Apr 2024 15:40

Financial firms tout energy business after West Virginia restrictions

NEW YORK, April 8 (Reuters) - West Virginia has added Citi, HSBC and two other financial firms to a list of institutions that may be barred from some state business due to their energy finance policies, prompting three of them to assert their commitment to that industry.

Read more
9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

Read more
9 Apr 2024 15:12

HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

Read more
9 Apr 2024 08:52

TOP NEWS: HSBC to take USD1 billion loss on sale of Argentina business

(Alliance News) - HSBC Holdings PLC on Tuesday said it will sell its business in Argentina to Grupo Financiero Galicia SA, which it called the largest private financial group in the South American country.

Read more
9 Apr 2024 08:44

LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

Read more
9 Apr 2024 08:37

HSBC takes $1 bln hit from Argentina sale as Asia pivot continues

Grupo Financiero Galicia to buy the business for $550 mln

*

Read more
9 Apr 2024 07:39

LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.