Hsbc Share Discussion Threads

[pharmaboy3] 10/6/2020 09:51

If any company knows how to walk the tightrope between HK / China/Chinese communist party/ rest of the world it's HSBC. Built into their corporate genes over 200 years .Just disappointed in divi stop.So , for me, now a growth play.Used them as my go to bank wherever I've lived and transfers were seamless.So I also guarantee, a lot of HK residence already have their UK accounts set up.

[time_traveller] 10/6/2020 09:46

HSBC have really stuck their neck out for the Chinese, and commentary and the effect on the share price has been wholly and severely negative, but now the Chinese are placated, I would expect some favourable treatment over competitors. The PR value of Wong signing the petition was immense for China.

[deduce101] 10/6/2020 09:34

HSBC wobbles on a geopolitical tightrope: Bank’s mantra of ‘guests in every country’ under pressure after backing China’s Hong Kong security law

[time_traveller] 10/6/2020 09:22

Approx 53% vs 41% HK of pre tax profits - significant, but the divergence in share price from SC seems excessive

[datahead] 10/6/2020 09:00

Hsbc way more dependent on hk than stan chart is

[time_traveller] 10/6/2020 08:54

The macro political factor in the share price is obvious, but why is HSBC being trounced by its Hong Kong stable mate; STAN? - the latter outperforming HSBA by 11% in June.

[action] 09/6/2020 17:53

More buy in this down day. Good sign.

[imastu pidgitaswell] 09/6/2020 15:56

Hmmm. Sort of waiting for the higher low I rambled about last week; but not very enthusiastic about it, today at any rate.

Maybe see what happens at 400, if it gets there.

[action] 09/6/2020 15:38

Someone just bought @ 416p large chunk

[action] 08/6/2020 21:11

Just see Standard Charteted share price rise. Compare to STAN HSBA has long way to go.

[deduce101] 08/6/2020 19:40

@Warfordhornet - It is never going to be a binary choice of who to side with (US/UK/Europe vs China).

HSBC needs to be in favour with both, trying to navigate between the two with tactical plays in the future simply in order to maintain the East-West banking business.

On the other hand, however, there is a possibility that the West becomes less and less economically important for HSBC and China.

Stephen King (not the crime/thriller author, but a senior economic adviser at HSBC) produced a report back in 2011, that expected the development of the Belt Road Initiative (BRI) to be dependent on the major emerging economies trading with one another. Replacing the growth which is generated by trading with high-income countries as they become less economically important. This connects with Xi's international relations policy of enacting the BRI as a soft-power play that will challenge the US dollar as a reserve currency, not to mention how China's funding of the overseas infrastructure projects to underpin the BRI with heavy collateralisation placed upon the host countries if they default. Moreover, the West's sanctions on Russia and other countries have already helped accelerate the BRI forward.

King writes: "Excluding the possibility of trading with Mars or Venus, there are two primary options: either more of each emerging nation’s growth comes from internal sources or more comes from the emerging nations connecting economically with each other. The developed world simply won’t be big enough to accommodate the emerging world’s ambitions and expectations."

The original report link no longer works but this blog post covers the report here:


Peter Wong (2018): "The Belt and Road Initiative has the potential to transform China’s domestic economy – and the global economy – over the next decade. Business leaders should be primed and ready to get involved."



(30 April, 2020): FT: "China faces wave of calls for debt relief on ‘Belt and Road’ projects: Bankers will consider suspending interest payments but writing off loans is unlikely"

[watfordhornet] 08/6/2020 18:31

It is - they are in difficult situation. Strategy based around a China's belt and road project.Already annoyed China with Huawei CFO bank details. Now supported China in a HK but that will annoy US and UK.At some point they will either annoy China or the western governments. Who do they side with?

[action] 08/6/2020 18:15

As I understand HSBA is the 7th largest bank on the world. COVID19 brought forward digitisation and cuts by at least 10 years.

[watfordhornet] 08/6/2020 17:49

It is cheap compared to the UK banks but for very good reasons.Only have to watch the news to understand why

[action] 08/6/2020 17:42

HSBA is cheap compare to recent price surge other banking stocks STAND BARC LLOYDS RBS to name the few. DYOR as always.

[ianood] 05/6/2020 20:02

Copied from Black Beauty A Recovering Quadruped Board

xxxxxy5 Jun '20 - 18:40 - 306519 of 306523
0 1 0
HSBC. 300000+ could be heading to UK soon. ...

Robert Morgan5 Jun 2020 1:08PM

Perhaps it will choose to be a bank somewhere other than the U.K. or HK? The Bank reviews its Group domicile every five years as a matter of course, and there are certainly other contenders. The U.K. has hardly done the bank any favours in the last ten years and being hounded by the British press for being one of the largest contributors to HMRC’s purse is a privilege that I’m sure would be gladly relinquished. There was a time not so long ago that spinning off the U.K. entity was being touted as a way to avoid some of the ridiculous punitive tax proposals that emerged following the financial crisis. China might turn out to be a friendlier bed-fellow than Britain, and remember where the HSBC shareholder centre of gravity sits: the U.K. was originally just a bolt-hole designed in the late eighties to hedge against the risk of disruption of the 1997 HK handover to China. This hedge may have run its course....

LikeReply

Paula Hill5 Jun 2020 1:21PM

@Robert Morgan Well then....byeee.....and shut the door your way out, there's a good chap.

2LikeReply

jonathan steel5 Jun 2020 2:22PM

@Robert Morgan I suspect quite a few of HSBC's wealthier shareholders with UK passports will shortly prefer to relocate to the UK.

LikeReply

Cheryl Davies5 Jun 2020 5:05PM

@jonathan steel @Robert Morgan Very true

[action] 05/6/2020 14:19

Join them. Yes.LOL.

[imastu pidgitaswell] 05/6/2020 14:09

Yes, going to rotate out of some and (more) into dear old FRES, on top of POLY.

All a bit of a game in these conditions - fake jobs, fake share prices. But if you can't beat them...

[action] 05/6/2020 14:07

Your wish could be fulfilled even today .

[spud] 05/6/2020 13:42

"Postponement"spud

[geckotheglorious] 05/6/2020 12:58

450 and I'm a seller.
Bought close to 390.

Not a huge stake but the cancellation of the dividend sees me looking to exit for as decent a profit as possible as soon as I am able whereas a chance of its re-imposition in near future would see me stay a holder.

[imastu pidgitaswell] 05/6/2020 12:53

Doing very nicely - sub 380 was plain silly, imho.

There will be a pullback, possibly at 420-430 per the chart - and the bottom of the pullback will be the time to get in properly.

Possibly, unless it isn't...


:-)

[scobak] 05/6/2020 11:54

Listing would not change, just their domicile. (head office/place of business)