|Day's range||54.40 - 55.00|
|52-week range||42.65 - 56.15|
|PE ratio (TTM)||20.17|
|Earnings date||28 Jul 2017|
|Dividend & yield||0.09 (1.34%)|
|1y target est||61.19|
Emerging Markets The Harding Loevner Emerging Markets portfolio has produced an enviable track record over the past five years, with an annualized total return of 7.4% that is 2.6 percentage points better than the MSCI Emerging Markets Index. Alas, in light of its success, Harding Loevner’s overall emerging markets strategy—$16 billion in all, including this fund (ticker:HLEMX for the advisory class)—has been closed to new investors for almost a year. In a previous chat more than year ago, the New Jersey-based fund liked Chinese internet plays Tencent Holdings (TCEHY), and Baidu (BIDU).
HONG KONG/LONDON, May 4 (Reuters) - HSBC Holdings Plc (Frankfurt: 923893 - news) reported a better than expected first-quarter profit and capital position on Thursday, benefiting from an improved performance from its core operations and the return of cash from its U.S. unit. HSBC's shares rose 3 percent in London on Thursday, outperforming a 1 percent rise in the STOXX European banks index and following an earlier 2 percent rise in Hong Kong. HSBC is still Europe's biggest bank despite slimming down in recent years.
AIA Group (1299.HK) has scored ratings upgrades from Daiwa Capital Markets and CIMB after the pan-Asia insurer delivered a 55% year-on-year jump in first quarter new business. The stock surged 6% on Thursday after the insurer's latest numbers showed strong growth in China and Hong Kong. AIA shares are up 9% this week. Daiwa Capital Markets liked what its saw from the results, lifting its forecast for growth in the value of new business (VNB) - a key industry metric - to 18% from 9% for the 2017 financial year, and now expects sustainable VNB growth of 22%, up from 15%, due to stronger China and Hong Kong markets.