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 3-'It doesn't matter if it's Christmas' - Hong Kong pro-democracy activists keep up protests

Wed, 25th Dec 2019 11:16

* Anti-government protesters march through shopping malls

* Riot police fire tear gas in popular protest area of Mong
Kok

* HK leader says Christmas Eve celebrations have been
"ruined"
(Adds details)

By Donny Kwok and Mari Saito

HONG KONG, Dec 25 (Reuters) - Hong Kong anti-government
protesters marched through Christmas-decorated shopping centres
on Wednesday, chanting pro-democracy slogans and forcing one
mall to close early, as police fired tear gas to disperse crowds
gathering on nearby streets.

The protests have turned more confrontational over the
festive season, though earlier in December they had been largely
peaceful after pro-democracy candidates overwhelmingly won
district council elections.

Despite the embarrassing results, Hong Kong's pro-Beijing
leaders have made no new concessions.

"Confrontation is expected, it doesn't matter if it's
Christmas," said Chan, a 28-year-old restaurant worker who was
part of a crowd which exchanged insults with police outside a
shopping centre in the Mong Kok district.

"I’m disappointed the government still didn’t respond to any
of our ... demands. We continue to come out even if we don’t
have much hope," said Chan, who only gave his surname.

Riot police patrolled several neighbourhoods while tourists
and shoppers, many wearing Santa hats or reindeer antlers,
strolled past.

There were no major clashes, but with impromptu crowds
forming to shout expletives at the unpopular officers, who have
been accused of using excessive force, police briefly fired tear
gas in Mong Kok, a popular protest area.

Police describe their reaction to the unrest as restrained.

Hundreds of protesters, dressed in black and wearing face
masks, descended on shopping malls around the Chinese-ruled
city, shouting popular slogans such as "Liberate Hong Kong!
Revolution of our times!"

Police arrested several people in a shopping mall in the Sha
Tin district after pepper-spraying them. The mall closed early.

CHRISTMAS 'RUINED'

Baton-wielding police fired tear gas on Tuesday at thousands
of protesters who barricaded roads and trashed a Starbucks cafe
and an HSBC branch.

The city's leader Carrie Lam said in a Facebook post on
Wednesday that many Hong Kongers and tourists were disappointed
that their "Christmas Eve celebrations have been ruined".

"Such illegal acts have not only dampened the festive mood
but also adversely affected local businesses."

The Hospital Authority said 25 people had been injured
overnight, including one man who fell from the second to first
floor of a shopping mall as he tried to escape the police.

HSBC has become embroiled in a controversy
involving a recent police crackdown on a fund-raising platform
supporting protesters. HSBC denied any connection between the
crackdown and its closure of an account linked to the group, but
remains the target of protester rage.

Starbucks has been targeted after the daughter of the
founder of Maxim's Caterers, which owns the local franchise,
publicly condemned the protesters.

DINNER WITH STRANGERS

The protests started more than six months ago against a
now-withdrawn bill which would have allowed extraditions to
mainland China where courts are controlled by the Communist
Party.

They have since evolved into a broader pro-democracy
movement, with demonstrators angry at what they perceive as
increased meddling by Beijing in the freedoms promised to the
former British colony when it returned to Chinese rule in 1997.

China denies interfering, saying it is committed to the "one
country, two systems" formula put in place at that time and
blaming foreign forces for fomenting unrest.

While protesters have repeatedly vandalised businesses they
believed to have ties with pro-Beijing figures, they
deliberately supported those which have offered them shelter
from tear gas or free water during hot summer marches.

One eatery in the Tsim Sha Tsui tourist area organised a
Christmas dinner for protesters, with hundreds queuing outside
for a free plate of noodles or fried chicken.

"It’s my first time going to a buffet with strangers, but we
share the same goals ... so it feels like a meaningful way to
spend Christmas," said private tutor Kenny, 46, who was eating
outside the diner.
(Additional reporting by Lucy Nicholson, Ronn Bautista, Felix
Tam and Twinnie Siu; Writing by Marius Zaharia, Editing by
Gareth Jones and Ed Osmond)

More News
21 Feb 2024 07:52

CORRECT: Glencore profit plunges as energy market normalises

(Corrects UK public sector net borrowing figure to billion from million.)

Read more
21 Feb 2024 07:41

LONDON BRIEFING: Glencore profit plunges as energy market normalises

(Alliance News) - Stocks in the UK are called flat on Wednesday, with some large-cap UK company earnings for investors to digest, ahead of key catalysts to come from across the Atlantic.

Read more
21 Feb 2024 07:02

HSBC profits soar 78% but miss forecasts on China exposure

(Sharecast News) - Shares in HSBC fell on Wednesday as a record annual profits missed forecasts after it was forced to take a $3bn hit from its exposure to a Chinese bank.

Read more
21 Feb 2024 06:52

LONDON MARKET EARLY CALL: FTSE to open flat; HSBC posts record profit

(Alliance News) - Stocks in London are set to open flat on Wednesday, as investors look ahead to the Federal Reserve meeting minutes, and results from Nvidia.

Read more
21 Feb 2024 05:57

TOP NEWS: HSBC launches USD2 billion buyback on record annual profit

(Alliance News) - HSBC Holdings PLC on Wednesday announced further share buybacks as annual profit soared on the back of higher interest rates, though its fourth-quarter performance suffered due to an impairment.

Read more
20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

Read more
20 Feb 2024 12:29

Wednesday preview: Fed meeting minutes, HSBC in the spotlight

(Sharecast News) - Investors' focus in the middle of the week will be on the release of the minutes of the Federal Reserve's most recent policy meeting, in January.

Read more
14 Feb 2024 14:15

UK earnings, trading statements calendar - next 7 days

Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
BAE Systems PLCFull Year Results
Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-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
9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

Read more
2 Feb 2024 09:27

LONDON BROKER RATINGS: Barclays raises easyJet and Wizz Air

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

Read more
30 Jan 2024 16:00

London close: Stocks finish higher on raft of global data

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

Read more
30 Jan 2024 09:34

Bank of England fines HSBC for "serious" deposit protection failures

(Alliance News) - HSBC Holdings PLC has been fined GBP57.4 million by the Bank of England's Prudential Regulation Authority for "serious failings" over customer deposit protection – the second highest penalty ever imposed by the financial watchdog.

Read more
30 Jan 2024 07:27

HSBC slapped with £57.4m fine for deposit protection failures

(Sharecast News) - HSBC bank has been fined £57.4m by the Bank of England after admitting serious failings in protecting customer deposits.

Read more
29 Jan 2024 14:25

Safestay annual trading to meet expectations; refinances borrowings

(Alliance News) - Safestay PLC on Monday said its annual trading was "comfortably" in line with market expectations.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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.