Hsbc Share Discussion Threads

[mrthomas] 06/10/2023 19:25

I sold but would buy in again if gets to 6.50 like a few months. With the US debt talks coming up again could see this going down again. Plus news from China

[spud] 28/9/2023 06:41

Citi Planning to Sell China Retail-Wealth Unit to HSBC, Source SaysSource: Dow Jones NewsBy Elaine Yu and Matthew Thomas Citigroup is in talks to sell its retail-wealth business in China to British rival HSBC, according to a person familiar with the matter.The deal, which is likely to be announced next month, is part of Citi's broader exit from consumer banking outside of its home market. The U.S. bank had announced that it was scaling back at overseas retail banking business in 2021, and said last year that it would wind down the consumer-banking business in China.The retail-wealth segment in China includes customers with assets between $100,000 and $1 million. Citi's China retail wealth deposits and assets under management are currently between $3 billion and $4 billion, and the sale will affect about 400 employees in China, who are expected to transfer to HSBC, said the person.HSBC declined to comment on the potential deal.spud

[pj84] 25/9/2023 17:54

From the above article on Lloyds, Barclays and HSBC. With a fwd yield of over 10% it's a very strong hold for me.

"HSBC
Finally, we have HSBC. It’s currently forecast to pay out 63.1 cents per share for 2023 and 79.8 cents per share 2024 (it reports in US dollars). So at today’s share price of 643.1p, we are talking about yields of 8% and 10.2%.

Dividend coverage stands at around 2.0 and 1.6, so it’s a bit lower than Lloyds and HSBC. (think the article meant to say Barclays not HSBC)

HSBC has quite a lot of focus on Asia these days. And this is a region with a lot of long-term growth potential. The stock is also the only one of the three that’s currently above its 200-day moving average (in a longer-term uptrend).

Of course, the big risk here is the bank’s exposure to China (and the Chinese property market). This adds some uncertainty in the near term.

The best bank stock?
As for the best bank stock of the three, my pick is HSBC. Not only does it have the highest yield (assuming the forecasts are accurate), but it also has the most growth potential in the long run, to my mind.

The post Here are the latest 2023/2024 dividend forecasts for Lloyds, Barclays, and HSBC appeared first on The Motley Fool UK."

[insanityideas] 22/9/2023 16:30

I have never been convinced that dividend reinvestments move the price much. Sure it's garanteed extra purchase volume but different brokers release the dividend at different times and do their buying at different times of the day. Not to mention that some brokers will do this as an off market transaction from their own pool of shares (if it's optimal to do so).I have never seen a good correlation in shares I own. Sometimes the reinvestment days are price downward days and sometimes upward. From an investment perspective I would rather it's a down day so that my dividend buys more new shares.I think the usual random market sentiment or actual news drives the price much more. Same can be said for some share buyback schemes as the volume is usually too low and quite often occurs once or twice a day for a few minutes. Other buybacks in lightly traded shares can be more significant.

[tygarreg] 22/9/2023 09:51

Share price rising as we move into dividend reinvestment period!

[hawkinscp] 14/9/2023 09:40

China concerns subsiding. Momentum building during last few sessions. Lots of optimism here.

[skinny] 13/9/2023 08:44

Goldman Sachs raises HSBC to 'buy' (neutral) - price target 858 (820) pence

[anhar] 12/9/2023 09:10

Sterling value of US10¢ 2023 Q2 divi announced: 7.9780p

[togglebrush] 11/9/2023 08:18

(Bloomberg) -- China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance to investors with its daily reference rate, measures that pushed the managed currency away from a 16-year low.

[coxsmn] 29/8/2023 17:51

HSBC offers its first 40-year mortgage dealsHSBC is to introduce a 'marathon' 40-year mortgage tomorrow, hoping to attract customers who might struggle to meet the monthly payments for a normal offer, and who are willing to be tied down to an extra-long deal.The 40-year term will be offered for both residential and buy-to-let mortgages. Initially it will be available via brokers, before becoming available direct from HSBC on 13 September.

[coxsmn] 21/8/2023 14:34

Https://www.proactiveinvestors.co.uk/companies/news/1024111/hsbc-gets-punchy-target-as-jefferies-shrugs-off-china-crisis-1024111.html

[anhar] 21/8/2023 11:09

Looze Munny raise HSBC target to 1,200p - "sell"

[skinny] 21/8/2023 08:40

Jefferies raises HSBC price target to 1,000 (930) pence - 'buy'

[geckotheglorious] 16/8/2023 08:05

Lol, too funny.
:)


China property sector and economic concerns over the last two days economic stats wise I presume.

[itsaduster] 15/8/2023 16:40

Ooooof ..... what's happened here, have they employed Nick Leeson or something.

[action] 15/8/2023 12:13

Star is fallen as us banks are going to be downgraded including mighty JP Morgan .

[jusjusjus] 15/8/2023 09:36

you wouldn't have thought so given the decline since the results, even taking into account the divi....

[skinny] 14/8/2023 08:23

RBC raises HSBC price target to 825 (800) pence - 'outperform'

[coxsmn] 10/8/2023 07:09

Ex dividend today

[pj84] 03/8/2023 22:28

Anhar, I actually agree and I was just sharing the article and I am positive about the current yield of 5.9% and prospective yield of 8.2% in the preceding article.

I fully understand the logic behind buybacks but I am not a fan and they often don't seem to achieve their desired effect!

[geckotheglorious] 03/8/2023 16:18

The question is why Spud.

I cant stand buybacks, especially when theyre done at stock price highs.
Just give me a special divi with that surplus if management dont want to be locked into a higher dividend going forward.

[spud] 03/8/2023 12:58

The media & IIs are fixated by BBs. It's ridiculous.spud

[dudishes] 03/8/2023 12:47

Closed @ 636.7, a bit of luck, beat target by 10pts.

11404 refers

cheers

[anhar] 03/8/2023 11:19

You miss my point. They refer to 13-18% "yield" for 23 and 24 with 15% later. That is nonsense because it includes BBs. As I suggested, the normal definition of yield is derived from divis.

I wasn't referring to any long term effects of BBs on future divis and specifically tried to avoid getting into arguments about all that.

[coxsmn] 03/8/2023 11:11

BB's increase yield