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HSBC Holdings plc (0005.HK)

HKSE - HKSE Delayed price. Currency in HKD
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42.650+2.300 (+5.70%)
At close: 04:08PM HKT
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Previous close40.350
Bid42.600 x 0
Ask42.650 x 0
Day's range42.500 - 43.200
52-week range39.800 - 59.600
Avg. volume18,505,430
Market cap856.212B
Beta (5Y monthly)0.48
PE ratio (TTM)7.67
Earnings dateN/A
Forward dividend & yield2.12 (4.97%)
Ex-dividend date18 Aug 2022
1y target estN/A
  • Reuters

    Analysis-As British lender HSBC considers Canada unit sale, antitrust issues loom

    As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country's concentrated banking market could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition. An HSBC deal would be the first big banking sale in a decade in Canada, one of the world's most concentrated markets where the top six banks control about 80% of total assets, according to Reuters calculations, about double the saturation of the United States where the top five banks control 40%. The market is so saturated that Canadian banks are expanding overseas to reduce their exposure and the Competition Bureau Canada was granted more powers to prevent further concentration.

  • The Telegraph

    HSBC weighs $7bn sale of Canadian business

    HSBC has hired bankers to find buyers for its Canadian business, as it resists calls from its biggest investor to split the global bank in two.

  • Evening Standard

    HSBC explores sale of Canadian operations after calls for break-up

    HSBC has come under pressure from its largest shareholder to improve profits