They had some interesting insights about 0005.HK on (http://Stocks-tracker.com). Definitely made me think twice about the company.
M
Aside from the outstanding valuation, still well below book, here's another reason the shares have a long way to go- HSBC is still the safest way to get in on China growth.
" SINGAPORE: HSBC dumped all its stake in Evergrande early this month, following in the footsteps of TCW, which exited the month before, according to Morningstar. The fund managers are the latest to join a chorus of Evergrande’s bears, including Pimco, Barings, and T. Rowe Price, which have shunned or have significantly cut exposure to Evergrande in their portfolios since mid-last year. "
Evergrande Woes Spread to China’s $12 Trillion Local Market
www.youtube.com
M
HSBC trading 40% below book value. P/E less than 12. Check Bloomberg for exact numbers.
A
I try to only post intelligent knowledge and here's a warning... HSBC is a China-Investment entity essentially and they have large exposure to Evergrande. "Ashmore Group Plc, a London-based money manager that specializes in buying emerging-market debt, was one of the biggest holders of the company’s bonds with more than $400 million worth, according to data compiled by Bloomberg based on end of June filings. Rules on how funds disclose their holdings vary in different countries.
BlackRock Inc., UBS Group AG and HSBC Holdings Plc were also large owners, many of them held by vehicles that focus on riskier emerging market or Asian credits." -Bloomberg
M
" SINGAPORE: HSBC dumped all its stake in Evergrande early this month, following in the footsteps of TCW, which exited the month before, according to Morningstar. The fund managers are the latest to join a chorus of Evergrande’s bears, including Pimco, Barings, and T. Rowe Price, which have shunned or have significantly cut exposure to Evergrande in their portfolios since mid-last year. "
HSBC headed for a full exit, following other early bearish movers Pimco, Barings, and T. Rowe Price that have cut exposure to the debt-stricken developer.
HSBC headed for a full exit, following other early bearish movers Pimco, Barings, and T. Rowe Price that have cut exposure to the debt-stricken developer.
citywireselector.com
A
With rising interest rates HSBC will earn a lot of money. Will start buy backs later. Earnings should be good. Low pe.
A
Share price easily falls below $20 with the Evergrande exposure HSBC has... along with every other Chinese stock in their portfolio declining due to contagion.
H
Why is this share below $26 when most are positive on this share? Will it’s downward trend continue !
S
This bank is done. Just a corporate club that talks to each other all day and produces nothing
M
Two upgrades today and an imminent short squeeze. It's still early. Added more again .
D
China have about 50 trillions in real estates… HSBC is one of the larges lender to most developers in China… majority of developers in China are over leverage. Evergrande is first to fall. Who is next? HSBC is most hated bank… no country will bail out HSBC.
M
Some here may remember me, most will not. I expect HSBC to more than double in value over the next 18 months.... $60/share. My opinion. Do your own due diligence.
R
Anyone know if we are likely to get a dividend paid in November?
S
This will be the next Santander bank. See you at 22
s
$HSBC Target Set by Barclays GBX 530 Target Set by RBC Capital GBX 460
m
Does anyone have information about how much debt exposure HSBC has to Evergrande Group (恒大集团) ?
" SINGAPORE: HSBC dumped all its stake in Evergrande early this month, following in the footsteps of TCW, which exited the month before, according to Morningstar.
The fund managers are the latest to join a chorus of Evergrande’s bears, including Pimco, Barings, and T. Rowe Price, which have shunned or have significantly cut exposure to Evergrande in their portfolios since mid-last year. "
https://citywireselector.com/news/hsbc-pimco-and-t-rowe-price-cut-exposure-to-evergrande/a1562064
https://www.youtube.com/watch?v=0vCzeKUKdPY
"Ashmore Group Plc, a London-based money manager that specializes in buying emerging-market debt, was one of the biggest holders of the company’s bonds with more than $400 million worth, according to data compiled by Bloomberg based on end of June filings. Rules on how funds disclose their holdings vary in different countries.
BlackRock Inc., UBS Group AG and HSBC Holdings Plc were also large owners, many of them held by vehicles that focus on riskier emerging market or Asian credits." -Bloomberg
The fund managers are the latest to join a chorus of Evergrande’s bears, including Pimco, Barings, and T. Rowe Price, which have shunned or have significantly cut exposure to Evergrande in their portfolios since mid-last year. "
https://citywireselector.com/news/hsbc-pimco-and-t-rowe-price-cut-exposure-to-evergrande/a1562064
Target Set by Barclays GBX 530
Target Set by RBC Capital GBX 460