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United States

HSBC Holdings PLC (0005.HK)

0005.HK on Hong Kong Stock

64.55HKD
24 Jan 2017
Change (% chg)

HK$0.05 (+0.08%)
Prev Close
HK$64.50
Open
HK$64.75
Day's High
HK$65.00
Day's Low
HK$64.35
Volume
20,889,916
Avg. Vol
26,902,541
52-wk High
HK$67.25
52-wk Low
HK$44.50

Latest Key Developments (Source: Significant Developments)

JPMorgan Chase reduces holdings in HSBC Holdings to 4.9 pct - HKEx disclosure
Thursday, 18 Aug 2016 10:47am EDT 

Hong Kong stock disclosure shows : JPMorgan Chase & Co has unloaded 363.1 million shares in HSBC Holdings <0005.HK> on August 15 at average HK$54.5 ($7.03) per share .JPMorgan Chase & Co's holding in HSBC Holdings has reduced To 4.91 pct from 6.73 pct.  Full Article

HSBC issued GBP1.0 bln senior unsecured notes due 2028<0005.HK>
Tuesday, 16 Aug 2016 08:28pm EDT 

HSBC Holdings PLC : Issuance of senior unsecured notes <0005.HK> . On 16 August 2016, HSBC Holdings PLC issued GBP1 billion 2.625% senior unsecured notes due 2028 under its debt issuance programme . Application has been made to list new notes on official list of UK listing authority and to trading on London stock exchange .  Full Article

Easyknit International updates on disposal of securities of HSBC holdings plc<0005.HK><1218.HK>
Tuesday, 9 Aug 2016 05:15am EDT 

Easyknit International Holdings Ltd <1218.HK>: Discloseable transaction - disposal of securities of HSBC holdings plc <1218.HK> . Group disposed on-market a total of 573,002 HSBC shares in a series of transactions conducted on 4 August 2016 . Deal for average price of hk$52.60 per HSBC share for an aggregate gross sale proceeds of approximately hk$30.1 million (excluding transaction costs). . Says as a result of the disposal, the group is expected to recognize a gain of approximately HK$629,000 .  Full Article

HSBC removes 'progressive' guidance from dividend payout plans
Wednesday, 3 Aug 2016 01:57am EDT 

HSBC : HSBC CEO says bank can no longer aspire to 'progressive' dividend given current market environment . HSBC CEO says plans to invest in china have not changed, but timetable delayed on slowing growth .CEO Stuart Gulliver says has seen slowdown in applications for new financing from uk small businesses since brexit.  Full Article

HSBC says HY reported profit before tax $9.71 bln<0005.HK>
Wednesday, 3 Aug 2016 12:01am EDT 

HSBC Holdings PLC : 2016 interim results - highlights <0005.HK> . Announcing a share buy-back of up to $2.5BN in the second half of 2016 . HY adjusted revenue of $27.87BLN, down 4% . HY adjusted profit before tax $10.80 billion versus $12.55 billion . HY reported profit before tax (`pbt') in 1h16 of $9.71 billion, down by $3.91 billion . HY return on average ordinary shareholders' equity (annualised) 7.4 percent versus 10.6 percent . As at 30 June, common equity tier 1 ratio 12.1 percent versus 11.9 percent as at Dec 31 . Qtrly reported profit before tax $ 3.61 billion versus $6.11 billion in prior quarter . "HY reported and adjusted operating expenses down" . "Amid a turbulent period, nothing cast doubt on the strategic direction and priorities we laid out just over a year ago" . Group has received regulatory approval from the prudential regulation authority to commence the buy-back . The board is planning in this environment on the basis of sustaining the annual dividend in respect of the year at its current level for the foreseeable future" . Board intends to announce the commencement of the buy-back in due course; it is expected to be completed by the end of 2016 . Sale of brazilian operations expected to add a further 0.7 of a percentage point in the third quarter . "Our focus on the Pearl River Delta remains a key priority" . HY earnings per share were $0.32.  Full Article

HSBC executive Johnson gets $1 mln bond in forex-related case in U.S. court<0005.HK>
Wednesday, 20 Jul 2016 03:46pm EDT 

HSBC Holdings PLC : U.S. judge sets $1 million bond for HSBC Holdings PLC executive mark johnson in forex-related case -- court hearing.  Full Article

HSBC exec says some bank regulations should be revisted due to Brexit
Wednesday, 6 Jul 2016 05:00am EDT 

: HSBC head of global banking and markets Samir Assaf says at Paris financial conference "the world is not ending" after Brexit vote . says regulators should take Brexit into account to revisit some of regulations put in place Further company coverage: [HSBA.L] (Reporting by Paris Newsroom) ((paris.equities@thomsonreuters.com;)).  Full Article

HSBC completes sale of Brazil business
Monday, 4 Jul 2016 02:00am EDT 

HSBC Holdings Plc : Completion of sale of Brazil business . Had received all necessary regulatory approvals for sale of its entire business in Brazil . Completion of transaction was planned for early July .Transaction successfully completed on 1 July 2016.  Full Article

HSBC Holdings says HSBC Finance reaches agreement to resolve shareholder class action<0005.HK>
Thursday, 16 Jun 2016 07:56pm EDT 

HSBC Holdings PLC : HSBC Finance Corp reaches agreement to resolve 14-year shareholder class action <0005.HK> . HSBC Finance agreed to pay US$1.575 BN to settle all claims in Jaffe v. Household International . Settlement is subject to court approval . Settlement is expected to result in a pretax charge to HSBC Finance of approximately US$585M in the second quarter of 2016 .  Full Article

HSBC says Brazil regulator approves sale of unit
Thursday, 9 Jun 2016 02:49am EDT 

Hsbc Holdings Plc : Sale of Brazil business receives reg approval . Transaction was unanimously approved by Brazilian Administrative Council for Economic Defence (Brazil's competition agency) and official publication of this decision is expected to be on or before 14 June 2016 . Bradesco and HSBC plan to complete transaction early in July . Transaction is expected to decrease group risk weighted assets by around $37bn and increase group's common equity tier 1 ratio by c.65bps .HSBC plans to maintain a presence in brazil to serve large corporate clients with respect to their international needs.  Full Article

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HSBC to close 62 branches in Britain, resulting in 180 job losses

LONDON HSBC said on Tuesday it plans to close 62 branches and fire more than 180 employees marking the end of its branch restructuring program in Britain aimed at reducing costs.