Hsbc Share Discussion Threads

[pinemartin9] 16/2/2021 16:40

Thanks T2R

[time 2 retire] 16/2/2021 16:35

Results next Tuesday, February 23rd

[pinemartin9] 16/2/2021 16:23

when are the results? if anyone knows off the top of their head

[porsche1945] 16/2/2021 09:53

Cashed out of these for now, want to see what results are like and what they propose with dividend, even if I have to buy in higher, if the results are soso which they probably will be these will be back to 3.80 straight away. US banks doing so much better, euro and U.K. banks just dire, had expected them to have recovered much more by now, as always anything listed on ftse 350 with the ability to surprise to the downside.
Cant see HK investors putting up with HSBC’s sxxt management and zero dividends much longer. Needs to SPLIT.

[imastu pidgitaswell] 16/2/2021 09:16

Quite a move in 2 days.

Key level here...

I would go as far as to say if this pushed through this level, maybe retests and stays above 430, as HSBA is a major constituent it will be an indicator of the FTSE taking a proper move up.

(Except there's now a big gap...)

[geckotheglorious] 12/2/2021 23:20

Watford,
Monty will be "IN" when these rise to 420-430.
He wont be "in" if they dip to 360-375...

Does anyone believe Monty's flip flopping?

[spud] 12/2/2021 22:37

Nearly at 50% of my intended holding. spud

[watfordhornet] 12/2/2021 19:19

You in here Monty?

[pinemartin9] 12/2/2021 19:13

This will come good, long period of consolidation at 390 to 410 range. I'm tempted for me if it dips sub 400 again.

[montyhedge] 12/2/2021 17:44

Will they resume quarterly dividends, the Asian investors were fuming on being told dividends have to be put on hold.

[datahead] 10/2/2021 08:29

Broker Estimates 15cents for dividend for 2020 - seems about right - cant be the 21c paid last year - you would expect it to be less but pressure is on from Asia Shareholders to make a payment so I am thinking around 15 cents also (USD)

thats approx 2.7% yield for 2020 so not bad - Divi will be announced on day of the results Feb23

[ammu12] 07/2/2021 13:55

Metro Bank completes sale of GBP3bn residential mortgage portfolio to NatWest Group plc ("NatWest")Further to Metro Bank's announcement on 18 December 2020 regarding the sale of a portfolio of owner occupied residential mortgages (the "Portfolio") to NatWest, Metro Bank confirms that the sale completed on 2 February 2021 as expected.The Portfolio had a gross book value of GBP3,044m resulting in a total cash consideration of GBP3,127 million.

[jsforum] 04/2/2021 22:26

No it was Marjorie Taylor Greene

[maxwellman62] 04/2/2021 19:20

Did Joe tell you that?

[ball deap] 03/2/2021 15:47

Beware Joe Bideen and his family have taken out a short on the US market.

[max333] 03/2/2021 10:25

https://www.livemint.com/companies/news/hsbc-considers-moving-top-executives-to-asia-to-strengthen-push-11612345030815.html

[max333] 03/2/2021 10:19

HSBC Doubles Down on China With New Greater Bay Area Office by Bloomberg News HSBC Holdings Plc will establish an office to spearhead its strategy in China's fast-growing Greater Bay Area, stepping up its bet on the world's second-largest economy. https://www.bloomberg.com/news/articles/2021-02-01/hsbc-doubles-down-on-china-with-new-greater-bay-area-office

[jbfnfn] 27/1/2021 19:19

Caught between China and the US, the pressure for HSBC to split grows

Nils Pratley




Noel Quinn, chief executive of HSBC, had his line and he stuck to it. He was just a humble banker, obeying the rules in Hong Kong, even the draconian ones imposed by Beijing that stamp out the last knockings of democracy. “It’s not my position to make moral or political judgments on these matters,” he told the foreign affairs select committee. “I have to comply with law.”

One matter in question was HSBC’s freezing of the bank account of pro-democracy activist Ted Hui. It was the Hong Kong police that told HSBC to act, said Quinn, and any bank would have to do the same. Not complying, he argued repeatedly, could ultimately mean losing the licence to operate.

This straight-bat defence was what you’d expect, of course, and Quinn only looked discomforted when invited to defend the decision of Peter Wong, HSBC’s top executive in Asia, to sign a petition last year supporting China’s new powers for Hong Kong.

Quinn argued that Wong was merely signing as a citizen of Hong Kong and, absurdly, that the act was not political. “I think our definition of what is political may be slightly different,” replied committee chair Tom Tugendhat. Quite.

An hour of questioning by MPs is the least of HSBC’s troubles, however. The wider question is whether a 150-year-old institution can maintain its double life as a UK-regulated bank that makes most of its money in Hong Kong. “I do not see a point where we will have to split the institution into two,” said Quinn.

Again, he’s bound to say that – appearances must be maintained. But, come on, it’s easy to imagine circumstances in which a split could become necessary. For starters, US-China relations could deteriorate further, making the bank an even bigger political football. Remember, HSBC also needs a licence to clear US dollars.

The other important party is the shareholders. It is hard to judge the degree of “Hong Kong discount” in HSBC’s share price, but it’s not nil. If a split comes to be seen as a way to restore value, there will be pressure. Quinn can opine unconvincingly about staying out of politics, but it’s really not that simple.

[zangdook] 22/1/2021 07:00

Do we have a fixed date for the announcement?

[jsforum] 21/1/2021 19:31

They'll announce how conservative the dividend will be next month - considering weve been starved for months 20p shouldn't be too much to expect- it should help the share price too

[ball deap] 21/1/2021 12:34

Div news imminent

[imastu pidgitaswell] 21/1/2021 08:11

Looking to push through 420, a previous resistance (on many occasasions)

We did say back in the Summer come and have a look post US election and post vaccine...

[spud] 20/1/2021 14:37

Unless your tax dodging local trades want cash!

spud