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    HSBA   GB0005405286

HSBC HOLDINGS PLC

(HSBA)
  Report
Delayed London Stock Exchange  -  11:35 2022-10-03 am EDT
461.40 GBX   -1.26%
10:29aHSBC HLDGS : RBC gives a Buy rating
MD
12:07aHSBC Starts Investor Briefing On Potential IPO In Indonesia
MT
10/02HSBC Holdings Issues $73.6 Million of Debts
MT
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HSBC rejects demerger of Asian business, citing huge risks

08/01/2022 | 01:59am EDT
HSBC branch in Hong Kong

LONDON/SINGAPORE (Reuters) - HSBC said on Monday a demerger or spinoff of its Asian business risks huge one-off execution costs, higher taxes and ongoing running costs for the bank, in its most detailed rebuttal yet to calls from its largest shareholder to break up the bank.

Sources said in April that Ping An Insurance Group Co of China Ltd had urged HSBC to explore strategic options such as spinning off its mainstay Asian business to unlock greater shareholder value.

(Reporting by Lawrence White and Anshuman Daga; Editing by Muralikumar Anantharaman)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
HSBC HOLDINGS PLC -1.26% 461.4 Delayed Quote.4.16%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. 0.63% 41.58 End-of-day quote.-17.52%
PING AN INSURANCE GROUP COMPANY -4.34% 37.5 Delayed Quote.-30.19%
All news about HSBC HOLDINGS PLC
10:29aHSBC HLDGS : RBC gives a Buy rating
MD
12:07aHSBC Starts Investor Briefing On Potential IPO In Indonesia
MT
10/02HSBC Holdings Issues $73.6 Million of Debts
MT
09/30HSBC Issues $74 Million of Notes Under Debt Issuance Program
MT
09/30HSBC Reportedly Kicks Off Informal Investor Talks for Indonesian Business IPO
CI
09/30Credit Suisse Trims HSBC PT, Maintains Neutral Rating
MT
09/30HSBC HLDGS : Gets a Neutral rating from Credit Suisse
MD
09/30HSBC weighs up plans to leave iconic 45-story Canary Wharf HQ
AQ
09/29Sector Update: Financial Stocks Retreat Premarket Thursday
MT
09/29ETF Preview: ETFs, Futures Decline Pre-Bell After Jobless Claims, GDP Data
MT
More news
Analyst Recommendations on HSBC HOLDINGS PLC
More recommendations
Financials (USD)
Sales 2022 52 619 M - -
Net income 2022 12 717 M - -
Net Debt 2022 - - -
P/E ratio 2022 8,40x
Yield 2022 5,67%
Capitalization 103 B 103 B -
Capi. / Sales 2022 1,96x
Capi. / Sales 2023 1,75x
Nbr of Employees 218 866
Free-Float 98,1%
Chart HSBC HOLDINGS PLC
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Technical analysis trends HSBC HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 5,22 $
Average target price 7,76 $
Spread / Average Target 48,7%
EPS Revisions
Managers and Directors
Colin Bell Chief Executive Officer
Yi Chien Liao Co-Chief Executive Officer
Georges Elhedery Co-Chief Executive Officer
Gregory L. Guyett Co-Chief Executive Officer
Nuno Matos Chief Executive Officer
Sector and Competitors