Hsbc Share Discussion Threads

[crontab] 17/3/2005 13:44

Yeah, I think we all did. I still expect $ strength which if it comes will be +ve for HSBC. So I'm holding.

[fzr1000g] 17/3/2005 07:25

took a big hit on these yesterday but keeping the faith,looks like a good chance to top up and get my average down,any other opinions out there???

[crontab] 16/3/2005 16:41

Not enough.
Sorry for my flippant answer. This might help

[madam a] 16/3/2005 16:30

How much is the dividend?

[crontab] 16/3/2005 15:57

Blimey. Times are bad for the banks.

[megsta] 16/3/2005 13:24

HSBC bank 'to offshore more jobs' Think I might move the India!

[glasgow93] 16/3/2005 11:22

how much was dividend announced and when it will be paid? thanks

[crontab] 16/3/2005 10:28

"There have been suggestions that recent huge profits in the banking sector might lead the Chancellor to levy a windfall tax, in the same way that he did in 1997 on the privatised utility companies. This time, however, there is little evidence to suggest this is on the cards."

Let's hope so.

[the_doctor] 16/3/2005 10:16

today's budget is also likely to be a factor
theres concern that the massive profits made by banks could be subjected to increased taxes

[josephmsmith] 16/3/2005 08:13

isit XD today??

why the falll?

[crontab] 11/3/2005 08:06

1d1 you're welcome.

[1destiny1] 10/3/2005 19:10

crontab - thats a very usefull chart thanks

[crontab] 10/3/2005 13:35

Now would be a good time to add IMO. But I'm not going to.
Maybe at 840, but I don't reckon we're going to get there.

[crontab] 09/3/2005 16:43

Well, we managed another day without going anywhere.
Which at least is better than going down.
Hmmph.

[gonnabuildmeahouse] 08/3/2005 21:02

A ray of hope.

BEIJING (AFX) - The Hongkong and Shanghai Banking Corporation Ltd (HSBC) has won
the Chinese banking regulator's approval to act as an agent for insurance
products at three of its Shanghai branches.

With the approval, the bank can start selling insurance products on behalf of
insurers at its Shanghai branches, a service which was previously not open to
foreign banks.

Late last year, Liu Mingkang, chairman of the China Banking Regulatory
Commission (CBRC), said the government would further open the country's banking
sector, including opening more cities to foreign banks and allowing them to
conduct insurance agent services.

Under its WTO commitments, China is required to open the entire banking sector
to foreign players by the end of 2006.

HSBC will apply for a license from the local insurance regulator to start the
business as soon as possible, it said in a statement.

A separate report by Shanghai Morning Post quoted an official with the local
insurance regulator as saying that foreign banks will be allowed to sell all
insurance products that Chinese banks are also selling at their branches.

[e-mail]

[stardream] 07/3/2005 13:41

I think it is probably a bit of both.

[crontab] 06/3/2005 20:00

1d1 - hmm, was really expecting the $ to strengthen on the back of those NFPs.
It's quite illogical because really we have further confirmation that interest rates will rise faster in the US than might have been the case.
I'm not sure if it's a massive short sqeeze or really a sign that the $ has further to fall.

[greatbear] 06/3/2005 15:42

Out of curiosity, why did HSBC miss targets (or was it, it hit lower end of target range)??

I'm reading in the press that it was Household profits that let them down. Is that the general perception on the board??

GB.

[1destiny1] 05/3/2005 00:43

crontab - "remember this stock benefits when dollar index rises..."
a very good point! cheers

[crontab] 04/3/2005 12:12

Blimey this is proving hard going.
This weeks is a complete write-off methinks. Next week should be better.
Of course it could just be more of the same.
Note to self: remember this stock benefits when dollar index rises...

[stardream] 03/3/2005 09:27

looking better today.