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HSBC Holdings PLC (HSBA.L)

HSBA.L on London Stock Exchange

659.40GBp
24 May 2019
Change (% chg)

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659.40
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20,460,255
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740.70
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Tue, May 21 2019

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HSBC plans more China tech jobs in push for market share

HONG KONG HSBC Holdings PLC plans to add more than a 1,000 jobs this year at its technology development centers in China, as the Asia-focused lender seeks to bolster its presence in the world's second largest economy. | Video

HSBC plans more China tech jobs in push for market share

* Tech plans will help make China retail banking profitable -exec

UPDATE 2-FTSE rises after HSBC profit beat, miners recover

* Intu slumps after poor forecast (Adds company news items, updates to closing prices)

Asia powers HSBC profit beat as trading arm languishes

HONG KONG/LONDON HSBC Holdings PLC smashed forecasts with a 31 percent rise in first quarter profit, bolstered by a surge in income from its core Asian business and lower costs that outweighed a poor performance from investment banking.

UPDATE 4-Asia powers HSBC profit beat as trading arm languishes

* U.S. business turnaround is most challenging priority (Adds details, investor quote)

Breakingviews - HSBC’s rich valuation reflects spare buyback ammo

LONDON (Reuters Breakingviews) - HSBC’s first-quarter results shore up its rich valuation. The global bank reported a robust 10.6 percent return on tangible equity in the first three months of the year, buoyed by a lending spike. Investors were already assuming that the bank hits its 2020 return targets. Potential for more buybacks in the second half provide additional firepower.

Hong Kong shares close higher on HSBC's earnings beat

* Hang Seng +0.5 pct, H-shares +0.2 pct; China closed for holiday

FTSE 100 cheery as HSBC gains on results, miners recover

May 3 Britain's main index inched up on Friday, after three sessions in the red, as a profit beat lifted HSBC and miners jumped after Tesla said it expects global shortages of copper. Intu Properties weighed down midcaps after an annual target cut.

HSBC Q1 profit rises 31 pct, beats estimates

HONG KONG/LONDON, May 3 HSBC Holdings PLC posted on Friday a 31 percent rise in first-quarter profit, beating estimates, bolstered by a surge in income in its core Asian business and as the London-headquartered bank managed to rein in costs.

HSBC shakes up under-pressure global banking business

LONDON HSBC has reshuffled its global banking division as former JP Morgan banker Greg Guyett put his stamp on the business, which has been under pressure in recent years.

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