Financial News
Written by: Xu Shihao, Hu Xueneng, Deng Huilin
2020-09-21 10:50
Last update date: 2020-09-21 12:22
HSBC's (0005) share price continued to find its bottom. The 30 yuan mark fell below the "tsunami price" and it also took a step towards the 2009 Century Supply price of 28 yuan.
"Hong Kong 01" at 11 o'clock in the morning with Guo Sizhi, vice chairman of the Hong Kong Stock Analyst Association, and the audience disassembled the prospects of HSBC and the trend of the market outlook.
Tan Langwei, co-director of Future Securities, believes that retail investors should not buy goods at this stage, "at least they must first consider returning dividends."
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Guo Sizhi said that he "buyed Shao Shao HSBC" last Friday, but was temporarily affected by the incident that China may include HSBC in the "Unreliable Entity List Regulations" this morning.
He explained that when he decided to buy last week, he estimated that the European Central Bank might allow banks to decide on their own whether to pay dividends. HSBC may also make up for the final dividend that was cancelled in February this year. Therefore, it made a mid-line deployment. Political events are expected, so "stop-loss" leaves the market. "As long as politics is involved, technical analysis can't be used."
He bluntly said that HSBC is a "complex" for Hong Kong people and does not object to investors "slowly buying" at a low level, but he emphasized the need to be psychologically prepared. Affected by political events, the stock price trend will remain unclear and the stock price "repeats Unclear all the way is soft."
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Tan Langwei: If you fall below 28 yuan, the support level is not estimated
Tan Langwei, co-director of Future Securities, said in an interview with "Hong Kong 01" that the stock price of Forex Holdings may see the Century's supply price of 28 yuan within this year.
He pointed out that global interest rates are low, and the net interest margin on which the financial industry depends on profit is weakening, and HSBC does not pay dividends. It is expected that long-term investors will not deploy to buy this stock in the short term; and HSBC is expected to be under the Sino-US trade friction. , May face many charges and fines.
Tan believes that 28 yuan is of great symbolic significance. In the short term, it may try this price. If it falls below the support level, the lower support level is "not estimated". Retail investors are urged not to make a bottom. "At least they must restore the dividend before considering it." It is also possible that the stock price sees "1".
As for HSBC’s securities margin trading service’s list of approved stocks for trading, HSBC will terminate the provision of margin credit on December 7. Tan believes that this is related to the decrease in demand for margin credit for this stock, "Proof (HSBC) No fry."
Tan Langwei believes that this is not the time when retail investors are seeking foreign exchange control.
(Photo by Gao Zhongming)
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"Huanshi" reporter quoted news: HSBC and FedEx are very likely to be included in the list of unreliable entities
HSBC's (0005) stock price continued to find its bottom. As of 9:33 a.m., the stock fell 3.23% to 29.95 yuan. The 30 yuan mark fell below the "tsunami price" and the stock price was 28 yuan in 2009. Take a step forward.
Recently, there have been many negative news about HSBC, including the Chinese Ministry of Commerce announced on Friday the "Unreliable Entity List Regulations" to fight back against the United States. The chief reporter of the Chinese state media "Global Times" Qingqing Chen quoted a source on his personal Twitter saying that HSBC And FedEx (FedEx) is very likely to be included in the "unreliable entity list."
At the same time, HSBC recently announced that the margin loans for HSBC Holdings and Hang Seng Bank stocks will be terminated on December 7 this year.
On Sunday, foreign media quoted leaks showing that HSBC had allowed Ponzi scheme funds to be transferred to Hong Kong via the United States.
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