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HSBC Holdings PLC (0005.HK)

0005.HK on Hong Kong Stock

64.25HKD
28 Apr 2017
Change (% chg)

HK$-0.15 (-0.23%)
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HK$64.40
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HK$64.20
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HK$64.45
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HK$64.10
Volume
12,448,406
Avg. Vol
22,173,873
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HK$69.10
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HK$44.50

Latest Key Developments (Source: Significant Developments)

HSBC says to maintain current dividend for foreseeable future
Friday, 28 Apr 2017 06:16am EDT 

April 28 (Reuters) - Hsbc Holdings Plc :Our current intention is to sustain annual dividend at current level for foreseeable future -Chairman.We may need to relocate some 1,000 roles from london to paris progressively over next two years.Our clear preference is to retain as much activity in uk as we can.If globalisation continues to retreat, as currently seems likely, we expect world to evolve into big trading blocs.  Full Article

HSBC says non-executive director Paul Walsh resigns
Friday, 21 Apr 2017 10:50am EDT 

April 21 (Reuters) - Hsbc Holdings Plc :Non-executive director Paul Walsh, who joined board on 1 January 2016, has today informed company that he has resigned from board.Walsh will not be seeking re-election by shareholders at annual general meeting of company to be held on 28 april 2017.  Full Article

HSBC says issued $2.5 bln senior notes due 2023 on March 13
Tuesday, 14 Mar 2017 01:04am EDT 

Hsbc Holdings PLC : On March 13, 2017, HSBC Holdings Plc issued $2.5 billion 3.262% fixed rate / floating rate senior unsecured notes due 2023 .US$2.50 billion 4.041% fixed rate / floating rate senior unsecured notes due 2028 pursuant to its senior indenture dated August 26, 2009.  Full Article

HSBC says issued $2.5 bln senior notes due 2023 on March 13
Monday, 13 Mar 2017 12:20pm EDT 

Hsbc Holdings PLC : On March 13, 2017, HSBC Holdings Plc issued $2.5 billion 3.262% fixed rate / floating rate senior unsecured notes due 2023 .US$2.50 billion 4.041% fixed rate / floating rate senior unsecured notes due 2028 pursuant to its senior indenture dated August 26, 2009.  Full Article

HSBC appoints Mark Tucker to succeed Douglas Flint as group chairman
Sunday, 12 Mar 2017 06:23pm EDT 

HSBC Holdings-<0005.HK> : HSBC appoints Mark Tucker to succeed Douglas Flint as group chairman . Tucker, will take over responsibility for leading process of identifying a successor to current group CEO, Stuart Gulliver . Process of identifying a successor "expected to conclude during 2018 in order to meet Stuart Gulliver's expressed desire to retire in that timeframe" .Upon appointment, Mark Tucker will be independent and will be stepping down from boards of AIA and Goldman Sachs.  Full Article

HSBC CEO Gulliver to announce he will leave the bank in 2018 - WSJ
Sunday, 12 Mar 2017 03:03pm EDT 

:HSBC Holdings Plc CEO Stuart Gulliver to announce he will leave the bank in 2018 - WSJ, citing a source.  Full Article

HSBC Holdings updates on sale of additional portfolio of US consumer mortgage loans
Wednesday, 8 Mar 2017 07:21pm EST 

HSBC Holdings Plc : On 8 March, HSBC Finance Corp & HSBC Bank USA, N.A. completed sale of portfolio of US first lien residential mortgage loans . "sellers have received cash consideration of us$3.396bn" . "proceeds will be used to pay down long-term debt and for general corporate purposes" .Disposal of loan portfolio is expected to generate a pre-tax gain on sale, after associated costs, of approximately us$150m..  Full Article

Hsbc to start share buy-back of ordinary shares
Wednesday, 22 Feb 2017 02:12am EST 

Hsbc Holdings Plc : HSBC announces that, as outlined in its announcement on 21 february 2017, it will commence a share buy-back of HSBC's ordinary shares of $0.50 each for up to a maximum consideration of $1,000,000,000 . The purpose of the buy-back is to reduce HSBC's outstanding Ordinary Shares .HSBC has entered into an irrevocable, non-discretionary agreement with Credit Suisse Securities to enable the purchase of ordinary shares by Credit Suisse, acting as principal, during the period running from 22 February 2017 and ending no later than 30 June 2017.  Full Article

HSBC enters into agreement with Credit Suisse Securities to enable purchase of ordinary shares
Tuesday, 21 Feb 2017 11:04pm EST 

Hsbc Holdings Plc : Entered into agreement with Credit Suisse Securities (Europe) to enable purchase of ordinary shares by Credit Suisse, acting as principal .Deal for aggregate purchase price of no greater than US$1 billion and simultaneous on-sale of such ordinary shares by Credit Suisse to HSBC.  Full Article

HSBC says no shortlist yet for candidates to replace Chairman
Tuesday, 21 Feb 2017 04:24am EST 

Hsbc Holdings Plc : HSBC CEO says bank not in a situation where it has a shortlist of candidates for chairman's successor .HSBC CEO says expects to identify successor to chairman Douglas Flint in calendar year 2017.  Full Article

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BRIEF-28 pct of HSBC shareholders vote against Irene Lee for board

* Hsbc shareholders vote to reelect irene lee to board but 28 percent vote against Source text for Eikon: Further company coverage: (Reporting by Lawrence White)