|Bid||426.30 x 0|
|Ask||426.55 x 0|
|Day's range||424.10 - 433.30|
|52-week range||281.50 - 466.54|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||30.71|
|Earnings date||27 Apr 2021|
|Forward dividend & yield||0.11 (2.48%)|
|Ex-dividend date||11 Mar 2021|
|1y target est||9.20|
This is the latest example of a firm looking outside of London for talent and cheaper real estate.
HSBC has banned customers of its online share-trading platform from buying or moving into their accounts MicroStrategy Inc stock, a message seen by Reuters showed, calling it a "virtual currency product". The bank will not facilitate the buying or exchange of products related to or referencing the performance of virtual currencies, the message to an HSBC InvestDirect client said. Bitcoin is the largest and best-known virtual currency.
HSBC has struck a deal with Huawei chief financial officer Meng Wanzhou over producing bank records that are expected to be significant in helping her fight extradition to the US. Ms Meng, known as the 'Princess of Huawei', is currently under house arrest in Canada, facing extradition to the US over allegations that she committed bank fraud by misleading HSBC over links between Chinese telecom giant Huawei and Skycom. US authorities allege that the links between Huawei and Skycom enabled Huawei to violate sanctions and sell telecoms equipment to Iran. Huawei has argued that Skycom was a business partner, and that it has been clear over this relationship, whereas prosecutors claim Skycom was effectively a subsidiary of the Chinese telecom giant. In a court hearing Monday, Hong Kong High Court judge Linda Chan approved the document-sharing agreement between Huawei and HSBC. It comes weeks after lawyers for Huawei said records held by HSBC would prove that bank executives knew "the true state of affairs” of deals between Skycom and Huawei. Ms Meng has been under strict curfew in a house in Vancouver since December 2018, when she was arrested whilst transferring between planes. Last year, she lost her first battle in the case, having been attempting to argue it would be unlawful for Canada to surrender her to the US. The Supreme Court of British Columbia ruled against her.