Trading like a bond and likely will remain so until interest rates move and the new leaders can make some positive impact..until then we at least have the dividends...unless Tucker and Flint cut them!
Need strong earnings next month if the stock is going to continue to rise....Am hanging in for the medium term to see what Tucker can bring to the party
Am hoping Mark Tucker can spin his magic as he did at AIA...there during his 7 years the shares rose 160%...he will need to grow revenues to get there after years of cost cutting from.Gulliver.
Patience is all that's required...attention has diverted from hsbc back to H shares ...once new leadership settle in and interest rates move up the share price will start moving towards 100 hkd.meanwhile enjoy the juicy dividends