HSBC US Head of Wealth, Premier and Global Private Banking Racquel Oden Wins the London Stock Exchange Group Global Executive Leader Award
HSBC Holdings (00005) spent 6.7979 million British pounds on repurchasing 0.992 million shares on October 25th.
HSBC Holdings (00005) announced that it will spend 6.7979 million British pounds to repurchase...
HSBC Lin Wailing: Currently experimenting with approximately 100 generative artificial intelligence solutions.
HSBC Hong Kong Chief Executive Lin Wai-hung stated at the 'Hong Kong Fintech Week 2024' that the bank welcomes the government's policy declaration on the responsible use of artificial intelligence in the financial market. Through a dual-track approach, financial institutions can promote the appropriate application of AI while managing relevant risks. The bank has over 1,000 use cases of AI in areas such as fraud detection, back-office automation, trade monitoring, customer service, and risk assessment. For example, AI is used to detect signs of financial crime in 1.3 billion global monthly transactions. As for generative AI, HSBC is currently experimenting.
Express News | Hong Kong Exchange: On October 25, HSBC Holdings repurchased 0.992 million shares of stocks on other exchanges for 6.8 million British pounds.
Express News | HSBC: Net income in the third quarter is expected to decrease by 3.7%.
HSBC Expected to Post 3.7% Drop in Third-Quarter Net Profit -- Earnings Preview
CICC: Amid expectations of dividend tax adjustments, there is limited room for narrowing the discount of H shares in domestic silver banks.
CICC's report indicates that the third quarter bank fund's position is 2.7%, up 0.06 percentage points from the previous quarter, still at a historical low. From the beginning of 2024, A-share/H-share banks have risen by 35.5% and 33.2% respectively, maintaining a lead over the market level, with higher regional performance. Currently, the overall bank sector is underweighted by funds by about 9.7 percentage points, although the degree of underweighting has narrowed slightly on a quarterly basis, it remains at a historically high level, indicating that there is still room for additional positions in bank stocks. The report mentions that the bank holdings slightly increased in the third quarter. Within the sector, commercial banks have seen more additions to their positions while the proportion of holdings by large banks has decreased. At present, bank equity active funds...
HSBC Holdings Buys Back About 1.5 Million Shares; Concludes $3 Billion Buyback Program
Survey reveals that 70% of Hong Kong's Generation Z prioritize 'work to travel,' with savings accounting for 28% of their income.
HSBC's first study focusing on the Z generation in Hong Kong, the 'HSBC One Financial New Z Dimension Survey,' found that travel, autonomy, and flexibility are important considerations for their life goals. Unlike previous generations of Hong Kong people, although the Z generation pursues 'loha living in the moment,' at the same time, they also maintain strict financial discipline and balance between entertainment spending and long-term financial goals. More than seven out of ten (71%) Z generation respondents believe that 'travel' is one of their important work motivations, higher than homeownership (39%) and starting a family (34%). In addition, six out of ten respondents consider homeownership to be 'unattainable' for them, and agree that working is to meet
October 25th buyback collection | HSBC Holdings, AIA and others have successively repurchased, with HSBC Holdings spending 65.7889 million Hong Kong dollars.
According to the disclosure documents released by hkex on October 28, hsbc holdings (00005.HK), aia (01299.HK), and others repurchased shares. ① hsbc holdings (00005.HK) repurchased 0.96 million ordinary shares on October 24, involving 65.7889 million Hong Kong dollars, with a repurchase price per share ranging from 68.75 Hong Kong dollars to 68.2 Hong Kong dollars. ② aia (01299.HK) repurchased 0.9856 million ordinary shares on October 25, involving 62.3662 million Hong Kong dollars, with a repurchase price per share ranging from 64.3
Selected Announcements | Alibaba reaches a settlement agreement of over 0.4 billion USD in shareholder class action lawsuit; China Shenhua Energy earns over 50 billion yuan in net profit in the first three quarters.
China Shenhua Energy's net profit in the first three quarters exceeded 50 billion yuan, how fast is the growth rate?
Express News | hsbc holdings: completed a share buyback of approximately 3 billion US dollars
hsbc holdings (00005) repurchased a total of 1.6404 million shares on October 25th.
hsbc holdings (00005) announced that on October 25, 2024, they repurchased 0.992 million... at a location in the United Kingdom.
One-week lookahead | Heavyweight financial reports coming! Technology giants such as apple, microsoft are unveiling one after another; USA economic data bombardment one after another! Non-farm payroll report finale on Friday.
Multiple countries will announce their GDP for the third quarter, with the USA's economy expected to achieve an annualized growth rate of 3.3% in the third quarter; Bank of Japan interest rate decision: expected to maintain short-term interest rates unchanged, gradually reducing the scale of bond purchases.
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Express News | HSBC Holdings has hired Lawrence Xu from Goldman Sachs to be in charge of European financial credit trading.