Hsbc Share Discussion Threads

[imastu pidgitaswell] 04/1/2021 16:44

I think it was in The Times over the end of year period.

Pretty calm considering the volatility elsewhere. Good for 50%+ this year - at some point, no speculation on when though...

😜

[skinny] 02/1/2021 11:01

.

HSBC
As stories swirl about senior staff at Asia-focused banks being members of China’s Communist Party, it feels as though HSBC is as deeply embroiled in East-West tensions now as it has been for much of this year (Katherine Griffiths writes).

The bank has had a rough ride, finding itself a target for opponents of the regime in Beijing and the subject of criticism of both its strategy and sheer size. It undoubtedly has struggled with turbulent political conditions, as well as the economic challenge of ultra-low interest rates and a pandemic that has swept through its markets.

Yet there are indications that this year will be better. The new government in the United States may push through a big stimulus package, which could be a positive catalyst for rates; President-elect Biden is expected to ease off on the hostile rhetoric towards China; and recent news on impairments has been better than expected.

[geckotheglorious] 31/12/2020 09:41

Galeforce,

A time to nibble at the edges then if you're brave.
Have mixed feelings about HSBC. HonG Kong is changing for the worse as the CCP tightens its grip. CCP always wanted Shanghai to be the financial capital, not some upstart island to its south.

A dividend return shortly should see a nice jump(which I will probably sell into)

Looking to invest in another Asian bank, possibly SMBC

Good luck in whatever you choose to do.

[spud] 31/12/2020 08:56

Have only accumulated approx 40% of my intended holding (20k) thus far, so unconcerned with the drop. Once the dividend reinstatement is confirmed, we should see an immediate appreciation in share value.spud

[galeforce1] 31/12/2020 08:40

Gecko - interesting reply. Thanks.
If the GBP reverses at some point soon (which I assume it will when Brexit realities become more apparent and massive UK govt borrowing continues unchecked) HSBC could begin to look more interesting. But at the moment the institutional investors are sellers not buyers.

[dogface] 31/12/2020 08:29

Supermarky, are you refering to Ball Deap or Porche1945?

Happy New Year to all.

[supermarky] 31/12/2020 08:21

Just bought another few hsba on this weakness. Buy and hold for the mid term. Patience.

[spud] 30/12/2020 09:12

Probably because every major UK stock has been tarred with the same brush this year.2021 should be a leveller.spud

[galeforce1] 30/12/2020 09:05

So virtually all of HSBC's profits are made in Asia.

So why is the share price so low? Asia (China in particular) has been the real winner in 2020.

Is it all because of the political problems in Hong Kong? And of course the forced cancellation of the dividend by the UK Regulator.

[peddlers] 30/12/2020 08:32

Topped up yesterday at 383.

[geckotheglorious] 29/12/2020 09:28

"What % of HSBC's revenue and profits come from the UK?"


Not very much at all it would seem.


Challenge number one is Hong Kong. The city where the Hongkong and Shanghai Bank first opened its doors in 1865 is hardly a problem market – quite the opposite. It accounted for more than 90% of group profit of $13.35 billion in 2019, a number skewed by losses at its commercial banking and European investment banking businesses.

HSBC pivots to Asia – again
BY ELLIOT WILSON
April 03, 2020

[galeforce1] 27/12/2020 12:21

What a relief that Boris folded on the fishing and signed off on the EU deal. Definitely the pragmatic thing to do. This was never going to be a battle teh UK was going to win.

What % of HSBC's revenue and profits come from the UK?

[jason_scrap] 27/12/2020 10:24

Despite doubts that negative rates would be adopted, economists warned that they could "become a very real possibility"  The Times

[peddlers] 27/12/2020 08:22

I intend to build my position if I get the opportunity on any further pull back.

[ball deap] 26/12/2020 23:16

Don't forget Bideen gets inaugurated in January and the market will fly too. The markets love criminals in high office they are easily bought. Really good times ahead, just hold tight.

[spud] 24/12/2020 09:27

Rev - I’d be super surprised if this didn’t recommence paying a dividend during 2021.

I’ve 30p pencilled in.

spud

[carlcjasper] 24/12/2020 08:47

How come this one is not going up with good news and all other bank are