On December 20, HSBC Holdings (00005.HK) spent 0.136 billion Hong Kong dollars to buy back 1.8264 million shares.
On December 23, Gelonghui reported that HSBC Holdings (00005.HK) announced that on December 20, 2024, it spent 0.136 billion Hong Kong dollars to repurchase 1.8264 million shares at a price of 74.45-74.9 Hong Kong dollars per share.
Express News | HSBC Bought Back 1.8 Mln Shares for HK$136.4 Mln on Dec 20 - HKEX Filing
HSBC Signs MoU for Sale of French Life Unit to Matmut
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[Hong Kong Stock Connect] HSBC Holdings (00005) plans to sell its life insurance business in France for €0.925 billion.
King Wu Finance News | According to media reports, HSBC Holdings (00005) has signed a memorandum of understanding regarding the potential sale of its French life insurance business, HSBC Assurances Vie (France), to Matmut Societe d’Assurance Mutuelle. It is reported that Matmut will acquire HSBC Assurances Vie (France) for 0.925 billion euros in Cash, which is expected to benefit HSBC.
HSBC Repurchases 9.1 Million Shares in UK, Hong Kong
The HSBC HOLDINGS Manufacturing PMI for December is 57.4, exceeding the previous month.
In December, India's HSBC HOLDINGS Manufacturing PMI was 57.4, exceeding the previous month's figure. The December HSBC HOLDINGS Manufacturing Purchasing Managers' Index (PMI, preliminary) stood at 57.4, surpassing last month's 56.5. Additionally, the HSBC HOLDINGS Services PMI for the same month rose to 60.8 from last month's 58.4. The Ministry of Finance recently indicated that the economic slowdown in the July-September period was temporary and that the growth rate would accelerate again in the second half of fiscal year 2024.
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Express News | Greenlight Capital Re Ltd - HSBC Letter of Credit Facility Amount $100 Million
Express News | HSBC: This Deal With Matmut Is Estimated to Generate a Pre-Tax Loss of Approximately 0.1 Bln Euros for HSBC Continental Europe.
Express News | HSBC: - Matmut Would Acquire HSBC Assurances Vie (France) for Cash Consideration of 925 Mln Euros.
HSBC Continental Europe Enters Into a Memorandum of Understanding Regarding Potential Sale of HSBC Assurances Vie (France) to Matmut Société D'Assurance Mutuelle
On December 19, HSBC Holdings (00005) spent 0.196 billion Hong Kong dollars to repurchase 2.632 million shares.
HSBC Holdings (00005) announced that on December 19, 2024, the company will spend 0.196 billion Hong Kong dollars...
HSBC Buys Back 9 Million Shares
Express News | Singapore's Bolttech Raises More Than $100 Million in Latest Funding Round Led by Mufg-Liquidity's Dragon Fund, Statement Says
Express News | The Series C Funding Round Values Bolttech at $2.1 Billion, Statement Says
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Zhitoong ADR Statistics | December 20
On Thursday, the three major U.S. stock indices showed mixed results, with the HSI ADR declining. It closed at 19,638.95, down 113.56 points or 0.57% compared to the Hong Kong closing.
HSBC expects the dollar to remain strong, while the euro is likely to fall below parity.
HSBC stated in a report on Thursday that there are no conditions for the dollar to weaken like it did when Donald Trump first took office in 2017. A strong dollar means that the euro will fall below parity next year, and the yen will drop toward 160. Analysts led by Paul Mackel, the head of Global Forex Research at HSBC in London, stated in the report that risks from the trade war, relatively higher yields on US government bonds, and the divergence of the global growth cycle should continue to support the dollar. Fiscal, monetary, and Forex policies are 'just right' for the dollar, but 'not so' for the euro. It is not just the dollar, but it is expected that by 2025.