{
}
HSBC Holdings has repurchased 179,200 shares on the Hong Kong Stock Exchange, spending approximately $14.02 million. The shares were acquired at prices ranging from $77.95 to $78.40, with a weighted average price of about $78.26 per share.
HSBC Holdings executed a bullish block trade of 90,400 shares at $77.55, resulting in a turnover of $7.011 million. AASTOCKS.com Limited emphasizes that the information provided is for reference only and does not guarantee accuracy or reliability, urging users to seek professional advice before making investment decisions.
The FTSE 100 delivered a total return of 9.7% in 2024, its best performance since 2021, despite underperforming the S&P 500. Key players include BP, British American Tobacco, and AstraZeneca, with notable revenue growth and strategic shifts towards sustainability and new product categories. The index remains attractive for income-focused investors, with a strong dividend history and low exposure to technology stocks.
HSBC Holdings executed a bullish block trade of 92.8K shares at $77.5, resulting in a turnover of $7.192 million. Year-to-date, the bank has repurchased approximately 7.12 million shares for $554 million, with total buybacks reaching around 7.76 million shares for $594 million. Additionally, HSBC is reportedly considering cutting bonuses for some staff.
HSBC Holdings executed a bullish block trade of 106.4K shares at $77.85, resulting in a turnover of $8.283 million. Year-to-date, the bank has repurchased approximately 7.12 million shares for $554 million, with total buybacks reaching around 7.76 million shares for $594 million. Additionally, HSBC is reportedly considering cutting bonuses for some staff.
HSBC Holdings (00005.HK) has repurchased approximately 7.12 million shares year-to-date for a total of $554 million. On January 16, the bank acquired 7.0016 million shares in the UK at prices between GBP8.111 and GBP8.222, with a weighted average of GBP8.174, and 114,400 shares in Hong Kong at prices ranging from $76.9 to $77.5, averaging around $77.1086.
HSBC Holdings is reportedly planning to reduce bonuses for some staff, particularly in corporate and institutional banking, as part of a cost-cutting restructuring effort. While no final decision has been made, internal guidance suggests that bonus awards may be disappointing in the coming weeks. A spokesman indicated that the board's remuneration committee will determine variable compensation based on full-year performance in the first quarter.
The Hang Seng Index closed midday at 19,445, up 159 points, while the Hang Seng Tech Index rose to 4,401, gaining 37 points. CHINAHONGQIAO surged over 4%, and several companies, including HSBC Holdings and Carsgen-B, reached new highs. Industry insiders suggest the PBOC may cut the RRR before the Spring Festival. Meanwhile, Apple has dropped to third place in the Chinese smartphone market for 2024, according to a recent survey.
HSBC Holdings has repurchased approximately 7.76 million shares for $594 million year-to-date, with an additional buyback of over 7.21 million shares for HKD 548 million. The bank has also acquired around 9.63 million shares this year for a total of $727 million. New measures by HKMA and PBOC aim to enhance the Hong Kong mortgage finance market, while liquidity arrangements for RMB trade financing are set to launch by the end of February.
UBS Group forecasts that mainland-listed stocks will rise by the end of 2025, driven by a projected 6% growth in corporate earnings and supportive policies from Beijing. The bank anticipates an end to China's deflationary trend, bolstered by stimulus measures and a crackdown on industrial overcapacity, which will enhance companies' pricing power and profit margins. Despite a 5% decline in the CSI 300 Index this year, UBS joins other financial institutions in predicting gains for mainland stocks, citing a shift towards looser fiscal and monetary policies.
HSBC HOLDINGS
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
hsbc holdings repurchases 180000 shares for 14 million dollars
01:07 21.01.2025
HSBC Holdings Executes Bullish Block Trade of 90400 Shares at 77.55
08:23 17.01.2025
top ftse 100 stocks to monitor for growth in 2025
United States Dollar
Diageo plc
RELX PLC
Shell plc
Rio Tinto Group
HSBC HOLDINGS
BP p.l.c.
London Stock Exchange Group plc
British American Tobacco p.l.c.
AstraZeneca PLC
Unilever PLC
GBR
Show more
06:18 17.01.2025
HSBC Holdings engages in significant share repurchases amid bonus cuts considerations
05:38 17.01.2025
HSBC Holdings executes significant share buybacks amid potential bonus cuts
02:58 17.01.2025
HSBC repurchases over 7 million shares for 554 million dollars
01:16 17.01.2025
hsbc plans to reduce bonuses amid restructuring efforts and cost cuts
11:17 16.01.2025
Asian markets rise as PBOC hints at potential RRR cut
05:12 16.01.2025
HSBC Holdings announces significant share buybacks and new mortgage market measures
01:14 16.01.2025
ubs forecasts growth for mainland stocks amid policy support and earnings recovery
Chinese Yuan
United States Dollar
The Goldman Sachs Group, Inc.
UBS Group AG
HSBC HOLDINGS
CHN
USA
Meng Lei
Show more
11:06 13.01.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Central Bank Actions
GDP Growth & Recession Forecasts
Global Trade Developments
Market Analysis and Predictions
Industry Mergers & Acquisitions
Financial Scams and Security
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Supply Chain Management
Startups & Entrepreneurship
Workplace Trends
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Microsoft Corporation
Credit Suisse Strategic Income I
NVIDIA Corporation
Amazon.com, Inc.
AXA SA
Safran SA
Banco Santander, S.A.
Novartis AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: