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HSBC Holdings PLC (0005.HK)

0005.HK on Hong Kong Stock

74.60HKD
17 Aug 2017
Change (% chg)

HK$-0.65 (-0.86%)
Prev Close
HK$75.25
Open
HK$75.30
Day's High
HK$75.30
Day's Low
HK$74.50
Volume
18,676,491
Avg. Vol
27,873,212
52-wk High
HK$79.55
52-wk Low
HK$54.60

Latest Key Developments (Source: Significant Developments)

Comstock Resources Q2 loss per share $1.45
Monday, 7 Aug 2017 02:24pm EDT 

Aug 7 (Reuters) - Comstock Resources Inc :Comstock Resources - produced 17.3 billion cubic feet of natural gas and 243,000 barrels of oil or 18.8 billion cubic feet of natural gas equivalent in q2.Comstock Resources qtrly natural gas production averaged 190 million cubic feet per day, growth of 37% from pro forma natural gas production in q2 2016.Comstock Resources Q2 loss per share $1.07 excluding items.Comstock Resources Q2 loss per share $1.45.Comstock Resources- oil production in q2 2017, averaged 2,674 barrels of oil per day, declined by 31% from 3,900 barrels per day produced in q2 2016.Q2 earnings per share view $-1.73 -- Thomson Reuters I/B/E/S.  Full Article

Aviva ‍announce ten-year general insurance agreement with HSBC​
Thursday, 3 Aug 2017 02:09am EDT 

Aug 3 (Reuters) - AVIVA PLC ::‍AVIVA ANNOUNCE TEN-YEAR GENERAL INSURANCE AGREEMENT WITH HSBC​.‍TEN-YEAR PARTNERSHIP WILL SEE AVIVA PROVIDE A RANGE OF GENERAL INSURANCE PRODUCTS FOR HSBC IN UK​.‍MULTI-PRODUCT BANCASSURANCE DEAL WILL DELIVER SIGNIFICANT GROWTH OPPORTUNITIES FOR AVIVA'S GENERAL INSURANCE BUSINESS OVER NEXT DECADE​.‍NEW DEAL BUILDS ON A FORMER FIVE-YEAR AGREEMENT WITH HSBC TO PROVIDE HOME AND TRAVEL INSURANCE​.  Full Article

HSBC updates on share buy-back
Tuesday, 1 Aug 2017 12:03am EDT 

Aug 1 (Reuters) - HSBC <0005.HK>:enters irrevocable, non-discretionary agreement with Credit Suisse Securities (Europe).deal to enable purchase of shares by Credit Suisse, acting as principal, during period from 1 Aug and ending no later than 31 Dec.agreement for purchase price of no greater than $2 billion and simultaneous on-sale of such ordinary shares by Credit Suisse to HSBC.  Full Article

HSBC Holdings says HY reported profit before tax of $10.24 bln versus $9.71 bln
Monday, 31 Jul 2017 12:03am EDT 

July 31 (Reuters) - Hsbc Holdings Plc :HY reported profit before tax $ 10,243 million versus $ 9,714 million.HY adjusted profit before tax $ 11,967 million versus $ 10,651 million.HY adjusted revenue of $26.1 billion, up $0.8 billion or 3%.Directors declared a second interim dividend of $0.10 per ordinary share in respect of financial year ending 31 December 2017.HY reported operating expenses of $16.4 billion were $2.2 billion or 12% lower.Says Board has determined to return to shareholders up to a further US$2 billion by way of a share buy-back.As at june 30, 2017 common equity tier 1 ratio 14.7 percent."Remain on track to hit our revised cost- saving target by end of 2017"."Will continue to identify and remove low-return rwas to end of 2017 and beyond"."We are targeting 1 July 2018 as deadline to operationalise UK ring-fenced bank, ahead of statutory implementation date of 1 Jan 2019"."Remain on track to achieve around $6bn of annualised cost savings by end of year"."Expect to move all remaining sterling accounts that require new HSBC UK sort codes by end of september 2017".Remain on track to have a fully functioning team in place for opening of our new UK headquarters in q1 of 2018."We are very well advanced in filling roles that will move from London to Birmingham".  Full Article

HSBC enters EUR1.38 bln subscription agreement in relation to securities
Friday, 30 Jun 2017 06:36am EDT 

June 30 (Reuters) - Hsbc Holdings Plc :Announces issuance of perpetual subordinated contingent convertible securities.Entered into a subscription agreement dated 30 June 2017 in relation to securities.Pursuant to subscription deal, managers have agreed jointly to subscribe for firm securities issued by co in an aggregate amount of up to EUR1.38 billion.  Full Article

HSBC Holdings to issue up to 1.38 bln euros convertible securities
Friday, 30 Jun 2017 05:45am EDT 

June 30 (Reuters) - HSBC Holdings Plc ::Intends to issue up to 1.38 bln euros 4.75 pct perpetual subordinated contingent convertible securities on 4 July 2017.Denomination of securities will be 200,000 euros and integral multiples of 1,000 euros in excess thereof up to and including 399,000 euros.  Full Article

Hong Kong authorities ban ex-employee HSBC from re-entering industry for eight months
Tuesday, 13 Jun 2017 05:00am EDT 

June 13 (Reuters) - Hong Kong Securities and Futures Commission :Ssays it bans Li Bo, former employee of the Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for eight months.  Full Article

HSBC Holdings to issue S$1 bln 4.70% perpetual subordinated contingent convertible securities
Tuesday, 6 Jun 2017 06:05am EDT 

June 6 (Reuters) - Hsbc Holdings Plc :Intends to issue s$1 billion 4.70% perpetual subordinated contingent convertible securities on 8 june 2017.‍Application will be made for securities to be listed on global exchange market of irish stock exchange​.Intends to use net proceeds from sale of securities to further strengthen company's capital base pursuant to requirements under crd iv​.Net proceeds from issuance of securities, after deduction of commission, are expected to be s$990 million.  Full Article

HSBC Holdings to issue perpetual subordinated contingent convertible securities
Monday, 15 May 2017 06:19pm EDT 

May 16 (Reuters) - Hsbc Holdings Plc ::Intends to issue US$3 billion 6.000% perpetual subordinated contingent convertible securities.  Full Article

HSBC CEO says 1000 jobs moving to Paris is based on 'hard brexit' scenario
Thursday, 4 May 2017 04:26am EDT 

May 4 (Reuters) - Hsbc Holdings Plc :Hsbc ceo says figure of 1000 jobs moving to paris is based on 'hard brexit' scenario.  Full Article

MOVES- HSBC, Lazard, Baird

Aug 14 The following financial services industry appointments were announced on Monday. To inform us of other job changes, email moves@thomsonreuters.com.