Hsbc Share Discussion Threads

[poikka] 31/5/2020 16:18

Maybe, maybe not, but the rot has set in for Xi and his strategy of expansion and industrial espionage; the curtain's been drawn back and is staying back.

[andyj] 31/5/2020 10:42

Worse was expected from Trump's speech.

[atlantic57] 30/5/2020 18:40

Very little change in New York Friday

[ammu12] 30/5/2020 12:31

I see this down another 10% on Monday with all the issues with China....

[cerrito] 29/5/2020 23:43

The following is the headline
HSBC told not to take ‘unique Hong Kong privileges’ for granted
Sabre rattling no doubt but does not giver me courage to increase my holding even at this depressed price.

[growthpotential] 29/5/2020 23:04

Rule Britannia

[growthpotential] 29/5/2020 22:53

What's China problem man, fools

[gateside] 29/5/2020 17:15

Just about to say the same.Awful chart. Sold these at 400p when they cancelled the dividend. Would like to buy back in, just no idea where support is. Shocking long term performance.

[32campomar] 29/5/2020 17:03

Terrible chart, any technical people tell me where next support is? My data doesn't go back far enough and now we are at a new 52week low it's a bit worrying. I'm thinking 350p ?

[geckotheglorious] 29/5/2020 16:00

Toggle.

I still have mine from Kowloon as well - 16 years old and going strong :)

Admittedly I do not wear one every day now...

[supermarky] 29/5/2020 15:58

chart still looks terrible.I am waiting for lower.might start taking a nibble soon but this is under a dark cloud low can easily go much lowerpatiently waiting.

[diggybee] 29/5/2020 13:40

Sentiment towards China has definitely taken a turn for the worse, all over the world. And it's amazing they are picking fights with India, sinking Vietnamese fishing boats sailing warships through straits of Taiwan, claiming the 9 lines of the South China Sea etc, possibly even more belligerently than before. Maybe that's a mirror reflection of trump, maybe coming anyway. On the other hand. In defence of China and hk etc. 150 years of British rule didn't really see much in the way of democracy either I suppose?!Also, out of all the Asian countries, there aren't many of any that have more freedoms than hk. Maybe japan but cultural mores maybe have a sedative effect. Don't know.

[geckotheglorious] 29/5/2020 13:32

I'm prepared to take the hit to HSBC if Trump does what is morally right.

And that is to end all of Hong Kong's trading privileges..China has not abided by the agreement it made with UK Handover time.

[milliethedog] 29/5/2020 13:28

hxxps://uk.investing.com/news/economy/top-5-things-to-know-in-the-market-on-friday-may-29th-2129840

Depends on exactly what Trump says, but this wouldn't go well for HSBC

"Trump may announce the end of, or changes to, Hong Kong’s trading privileges with the U.S., given that the U.S. has tied these privileges to Beijing’s observation of its promise to abide by the “one country, two systems” arrangement after retaking control of the former British colony in 1997."

[poikka] 29/5/2020 12:50

Good to have differing points of view.

I don't hold with the idea of business as usual with the PRC, and that includes turning a blind eye to their expansionary strategy.

Xi has relied on belief on his own style of charisma during the relatively good times, but I feel that he's now floundering.

He needs a compliant population, hence the recent largesse. But alongside that he's taking HK under his control, and making threats to Taiwan - even if mostly through an ageing general. Then there's the border issue with India, and even Russia is cooling towards China.

The RoW is seeing things differently since the virus, and HK. Indonesia, Vietnam, Malaysia and Philippines are increasingly voicing annoyance about the 5 lines in the China Sea.

Add that to the continuing uncertainty over the US trade dispute.

On one hand, Xi's trying to make friends at home and abroad, and on the other, threatening neighbours.

Meanwhile, in the Politburo, there are those who would like to take his place, and see an uncertain outcome to Xi's strategy; whilst the military is no doubt split.

So, for my money, I'm not adding to my already reduced holding, but, as always, things could turn on a sixpence.

[action] 29/5/2020 12:06

Be careful what you wish for..

[diggybee] 29/5/2020 11:05

If they can sell Us which has always been a millstone. Get rid of France. Trim the investment bank which is kind of rubbish. Maybe even give off the old midland. Then sell themselves to more Chinese, ping an already number one shareholder. And move to hk, and concentrate on the pearl ever delta. Stick to your knitting rather than worlds local bank dreams. Although why a bunch of Oxbridge gweilos are needed in China these days is moot probably.

[diggybee] 29/5/2020 11:01

I don't think Xi thinks he's got Xi on the run though.

[poikka] 29/5/2020 11:00

Some folk who think that this is now attractive because its share price is so low, might be missing the point - why is the share price low, and what might cause a recovery?

Here's my point of view fwiw.

Today, Trump is supposed to hold a press briefing on China. He obviously wants to avoid damaging effects of a trade war (continuing), but at the same time he knows that there's a chance that he's got Xi on the run, and possibly, historically, the chance of a change of leadership in China that could lead to a more pragmatic and diplomatic resolution to trade disputes and relations with, virtually, the RoW.

Got to go.

[spud] 29/5/2020 10:59

I think he's referring to his Post Office savings target....

spud

[milliethedog] 29/5/2020 10:33

57...someone did the same thing the other day.
Said would go to 250
I asked for reasoning why
No answer
Muppets.....so many of them

[atlantic57] 29/5/2020 10:29

T j Bird can you kindly expand on your remarks please.

1) Why
2 Time frame
3 WHY 140 P

[tjbird] 29/5/2020 10:23

140p target here

[thamestrader] 29/5/2020 10:19

Looks tempting at 374, but I think bad news is more likely than good over the weekend, so will review on Monday. If I miss the boat, so be it.