HSBC Holdings plc (HBCYF)
| Previous close | 6.66 |
| Open | 6.66 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 6.66 - 6.66 |
| 52-week range | 4.88 - 7.70 |
| Volume | |
| Avg. volume | 8,359 |
| Market cap | 136.941B |
| Beta (5Y monthly) | 0.53 |
| PE ratio (TTM) | 12.11 |
| EPS (TTM) | 0.55 |
| Earnings date | N/A |
| Forward dividend & yield | 0.25 (3.92%) |
| Ex-dividend date | 10 Mar 2022 |
| 1y target est | N/A |
- Financial Times
HSBC feels the heat from its biggest shareholder
One thing to start: Activist hedge fund ValueAct Capitalhas acquired a 7 per cent stake in The New York Times Company and is putting pressure on the media group to boost digital sales by pushing subscribers towards a higher-priced bundle of its products. In an interview with the FT last year, HSBC chief executive Noel Quinn vowed he wouldn’t “flip-flop” on the bank’s China strategy every time there was a flare-up in tensions between Beijing and the west. What he didn’t know was that his plans to expand across the region faced a more immediate threat: HSBC’s largest shareholder, Ping An.
- Bloomberg
Ping An’s HSBC Breakup Gambit Shows Peter Ma’s Thirst for Change
(Bloomberg) -- Peter Ma isn’t afraid of dramatic change. Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsThree Days After Vote, Result Hangs in the Balance: Kenya UpdateChina Has Painted Itself Into a Semiconductor CornerGarland Seeks to Unseal Trump Warrant, Says He Approved SearchIn the past three years, the 66-year-old chairman of China’s biggest insurer has slashed more than 800,000 roles, or 60% of his
- The Telegraph
Breaking up HSBC would unlock up to £29bn payday, says Chinese shareholder
The Chinese investor campaigning to break up HSBC believes a split would unlock as much as $35bn (£28.6bn) in value for shareholders.
