HSBC share price hits record low Chen Zhenying: All friends around have "stop-loss and leave"

Political situation

Written by: Peng Zhuowei

2020-09-22 19:49

Last update date: 2020-09-22 19:49

HSBC Holdings (00005) stock price has repeatedly hit record lows. HSBC stock price fell below the 30 yuan mark yesterday (21st), approaching the "Century Supply Share Price" of 28 yuan.

When all the stockholders "cry" together, are there any "fans" of HSBC among the members of the Legislative Council?

When receiving enquiries, many members of the industrial and commercial sector all pointed out that they did not hold HSBC stocks, including Liberal Party leader Zhong Guobin, Economic Democrats Wu Yongjia, and financial circles Chen Zhenying.

Among them, Chen Zhenying said with a smile that almost no friends around him still hold HSBC stocks. Many of them have sold "stop loss and exit" when the stock price fell to about 40 yuan. He also pointed out two important considerations for holding shares.

Chen Zhenying said that almost no friends around him still hold HSBC stocks, and many of them have sold "stop loss and exit" when the stock price fell to about 40 yuan.

Chen Zhenying said that in the past, many investors saw HSBC's high interest rates. Even if "Chang Lu" paid interest regularly, since HSBC stopped paying dividends, it has lost the incentive to continue holding shares.

He also pointed out that HSBC is currently at a historical low and "no signs of recovery have been seen in the short term." As for other stocks, such as the mainland's Meituan Dianping (3690), "although there is no interest, it is expected that there will be an upward trend in the future." , More worthy of investment.

New Democrat Party Rong Haien said that he only holds two hands of Alibaba (9988), and said with a smile, "I don't have to buy HSBC's heavyweight stocks." In the past, he only drew new stocks for short-term investment, and stocks were not its investment focus.

Foreign Telecom: HSBC Holdings suspends actively posting information on social media

HSBC Holdings fell below 29 yuan, the HSI fell 233 points throughout the day

HSBC rumored to be listed as unreliable, stock price falls below 30 yuan

01News

HSBC Chen Zhenying