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Express News | UnitedHealth : HSBC Cuts to Hold From Buy; Cuts Target Price to $490 From $600
HSBC Buys Back Over 1.3 Million Shares in UK, Hong Kong
A wave of buybacks in Hong Kong stocks, with 172 listed companies repurchasing 53.7 billion, and the buybacks have been continually increasing in recent years.
① A wave of stock buybacks has been sparked in the Hong Kong stock market, with 172 listed companies having implemented buybacks totaling 53.708 billion HKD; ② The main players in Hong Kong stock buybacks remain leading companies in the Internet and financial sectors, but some pharmaceutical and Consumer firms have also increased their buyback efforts.
Forex market trades surge, and the Forex platform supported by Citibank will recruit 13 people.
As trading volume and market volatility increase, Spark Systems Pte. plans to recruit up to 13 employees to expand its Forex sales and developer team. The Forex platform, supported by Citibank and HSBC, has its CEO Wong Joo Seng stating in an interview that the plan is to hire approximately three Forex salespeople and ten technical developers within the next year. At the time the plan was announced, Spark's average daily trading volume had surged from about 8 billion dollars at the end of last year to around 10 billion dollars, partly driven by President Trump's policies, which impact 7.5 daily.
Gold Fields Downgraded to Hold at HSBC as Gold Trade 'Looks Crowded'
Smart通 ADR Statistics | April 18.
On Thursday, the three major U.S. stock indices had mixed performance, the HSI ADR declined, closing at 21,150.38 points, down 244.76 points or 1.14% compared to the Hong Kong market close.
