Financial News
Written by: Huang Jie
2020-11-25 10:36
Last update date: 2020-11-25 10:40
The Hong Kong stock market took over the uptrend of the U.S. stock market. It made good early this morning. It rose more than 400 points. Among them, HSBC Holdings (0005) opened the market this morning at 41.05 yuan, up 3.27%, and then the increase expanded. At 10 am, it reached 42.95 yuan. Up 8.05%, the transaction amount reached 2.116 billion yuan.
HSBC has seen a low of 27.5 yuan in September, and its stock price has risen by more than 54% so far!
The latest foreign news quoted that HSBC intends to reorganize its private banking business to reduce costs.
In addition, HSBC’s “friend” Goldman Sachs recently raised HSBC’s target price by 2% to 51 yuan. It is expected that the group may repurchase shares to US$2 billion in 2022.
The Hang Seng Index continued to rise by nearly 350 points, HSBC re-exceeds 40 yuan, and three barrels of oil are ready | continuous update
HSBC Transaction Shares
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