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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  HSBC Holdings plc    HSBA   GB0005405286

HSBC HOLDINGS PLC

(HSBA)
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Delayed Quote. Delayed London Stock Exchange - 10/23 11:39:07 am
321.4 GBX   +4.71%
10/23Barclays beats profit forecasts as CEO Staley aims to stay on
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HSBC Shares Jump After Ping An Insurance Raises Stake in Bank

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09/28/2020 | 12:28am EDT

By Yi Wei Wong

HSBC Holdings PLC's shares advanced Monday after Ping An Insurance (Group) Co. of China Ltd. raised its stake in the lender.

The insurer raised its stake in HSBC to 8.00% from 7.95% through its investment management unit, a stock-exchange filing showed.

"All we have said previously is HSBC is a long-term investment," a Ping An spokesman said about the purchase when contacted by phone on Sunday by the South China Morning Post.

HSBC shares slumped to a low of HK$27.50 last week, their lowest level since 1995.

At the midday break, shares were up 7.8% at HK$30.40.

 

Write to Yi Wei Wong at yiwei.wong@wsj.com

 


Stocks mentioned in the article
ChangeLast1st jan.
HSBC HOLDINGS PLC 4.71% 321.4 Delayed Quote.-45.70%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. 2.31% 86.35 End-of-day quote.-6.24%
PING AN INSURANCE GROUP COMPANY 1.71% 83.5 End-of-day quote.-2.29%
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Financials (USD)
Sales 2020 50 008 M - -
Net income 2020 3 362 M - -
Net Debt 2020 - - -
P/E ratio 2020 25,3x
Yield 2020 2,24%
Capitalization 84 914 M 84 958 M -
Capi. / Sales 2020 1,70x
Capi. / Sales 2021 1,71x
Nbr of Employees 232 764
Free-Float 98,1%
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Technical analysis trends HSBC HOLDINGS PLC
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 24
Average target price 4,64 $
Last Close Price 4,19 $
Spread / Highest target 77,6%
Spread / Average Target 10,7%
Spread / Lowest Target -30,7%
EPS Revisions
Managers
NameTitle
Noel Paul Quinn Group Chief Executive Officer & Executive Director
Mark Edward Tucker Non-Executive Group Chairman
John M. Hinshaw Group Chief Operating Officer
Ewen James Stevenson Chief Financial Officer & Executive Director
May Lung Cha Independent Non-Executive Director
Sector and Competitors