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HSBC News30 articles
FTSE 100 Gains Concentrated in Two-Day Rally; Energy and Earnings in Focus
The FTSE 100 advanced 1.23% last week, but nearly all gains came from a two-day rally. Key earnings from BP, HSBC, and Glencore are due next week.
Markets
HSBC's $36B Australian Exit Boosts Pepper Money's Servicing Scale
HSBC's A$36 billion Australian loan sale to Blackstone makes Pepper Money a major servicer, with a portfolio 1.59 times its March AUM.
Markets
BP North Sea Exit, AI Surge Reshape Global Markets
BP announced North Sea asset divestment, while AI stocks fueled a record KOSPI surge. US futures advanced on easing inflation and robust GDP, with Big Tech earnings boosting optimism.
Markets
30-Year Treasury Yield Surges to 19-Year High as Fed Holds Rates Steady
The 30-year Treasury yield hit a 19-year high of 5.247% after the Fed held rates steady, with real yields leading a sixth straight weekly gain.
Markets
HSBC Sells Singapore Insurance Unit at 23x Earnings; Buyback Decision Looms
HSBC has agreed to sell its Singapore insurance business to Allianz for S$2.7 billion, representing 22.9 times projected 2025 earnings, as the bank nears a key capital return decision.
Markets
SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity
SpaceX's Starship Flight 13 launched on July 24, 2026, but the 20 V3 Starlink demonstration satellites are on a suborbital trajectory and will not add capacity.
Technology
SK Hynix Market Cap Plunges 114 Trillion Won Amid Legal Woes and Tech Sell-Off
SK Hynix shares tumbled 8.34% on Friday, erasing 114 trillion won in market value, as a court order against chairman Chey Tae-won added to a broader tech rout.
Markets
UK Banks Surge as Retail Sales Beat Forecasts, FTSE 100 Gains
The FTSE 100 advanced as banking shares outpaced retailers after UK retail sales unexpectedly rose 1.0% in June, defying forecasts of a decline.
Markets
HSBC Valuation Under Scrutiny as Credit-Loss Rate Declines
HSBC shares edge down 0.04% as analysts forecast a 17% quarterly decline in credit losses, but a 20% higher P/E than Standard Chartered fuels valuation debate.
Earnings
Rivian Stock Holds Above Offer Price Amid Dilution and Cash Concerns
Rivian shares finished Friday at $17.46, a 12.6% premium to the offer price, after a stock sale that increased share count by 6.3% and boosted liquidity.
Markets
Apple Briefly Reclaims World's Most Valuable Company Title as AI Capex Concerns Shift Focus
Apple briefly reclaimed the world's most valuable company title during Friday's tech selloff, outperforming AI peers as investors rotate toward lower-capex AI exposure.
Technology
Analyst Upgrades Mask Stagnant Price Targets as Tech Rally Falters
Analyst upgrades on Friday revealed stagnant median price targets, with Apple accounting for most upward revisions. Uranium rally reverses amid broader market sell-off.
Markets
Arm Holdings Plunges 7.5% as Rich Valuation Exacerbates Semiconductor Rout
Arm Holdings dropped 7.5%, losing $21.9 billion in market cap, as its elevated valuation of 301x earnings magnified a broader semiconductor decline.
Markets
HSBC's Hong Kong Rate Boost Supports $46 Billion Income Target
HSBC gains a rate cushion as one-month HIBOR rises 32.8 bps above its preferred range, supporting its $46 billion income target.
Earnings
FTSE 100 Slips Despite Strong UK GDP; Takeover Bids for Rotork, Gooch & Housego
FTSE 100 drops 52 points to 10,464 despite UK GDP rising 0.8% in three months. Rotork, Gooch & Housego, and Ramsdens agree to takeover bids.
Markets
HSBC Shares Slip 9% from High, Analyst Targets Show Limited Upside
HSBC shares fell 0.8% to 1,450.2p, now 8.8% below their July 6 high. The median 12-month analyst target of 1,471.77p offers just 1.5% upside, leaving little room for error ahead of interim results on Aug 4.
Markets
Pfizer's 7% Dividend Yield Attracts Income Seekers Amid Market Turmoil
Pfizer (PFE) added 1.28% in post-market trading Monday, outperforming the broader market as investors rotated into defensive stocks amid geopolitical tensions and a tech selloff.
Earnings
HSBC's Minimum Trade Cost to Drop Sharply as Board Lot Overhaul Nears
HSBC's board lot reform could slash the minimum trade cost from HK$61,520 to as low as HK$7,690, with 50 or 100 shares the likely new standard sizes.
Markets
FTSE 100 Edges Lower as AstraZeneca, HSBC Drag; Energy Stocks Rally
The FTSE 100 dipped 0.1% to 10,486 as AstraZeneca and HSBC losses outweighed gains from BP and Shell. Housing stocks rose on Help to Buy rumors.
Markets
Rivian's $1.32B Share Sale Triggers $3.4B Market Value Drop
Rivian's stock dropped 13.2% after a discounted share offering raised $1.32B but erased $3.4B in market value. Analysts remain divided on the EV maker's cash burn and production ramp.
Markets
SWIFT's Blockchain Pilot Launches with 17 Banks, but Adoption Remains Limited
SWIFT has launched its blockchain ledger with 17 banks for 24/7 cross-border transfers using tokenized deposits, but the pilot represents only 0.15% of its network.
Technology
Gold Rebounds Past $4,100 as Dollar Weakens, Geopolitical Tensions Linger
Gold recovered above $4,100 an ounce, buoyed by a weaker dollar and persistent Middle East tensions, while investors assess Fed rate hike odds and oil's impact on inflation.
Commodities
Leveraged ETFs Amplify KOSPI Selloff as Chip Stocks Tumble
The KOSPI dropped 5.35%, entering bear territory. Single-stock leveraged ETFs linked to Samsung and SK Hynix are amplifying the selloff, prompting regulatory scrutiny.
Markets
Pfizer Stock Rebounds After HSBC Downgrade, Dividend Yield Nears 7%
Pfizer shares recover some losses after HSBC downgrades the stock to Hold, slashing its price target by $4 to $28, as the dividend yield remains near 7%.
Markets
Pfizer's Dividend Sustainability in Focus After HSBC Downgrade
Pfizer shares slid after HSBC downgraded the stock, turning investor attention to the sustainability of its 7.3% dividend yield amid a payout ratio near 60% of adjusted EPS guidance.
Analysis
Intel Bounces Back Sharply, Recovers Over Half of Thursday's Drop
Intel shares rebounded in premarket trading, recovering 52% of Thursday's decline, as the stock continues its strong momentum ahead of Q2 earnings on July 23.
Markets
HSBC Nears 27-Year High After $3B Debt Call Surpasses Dividend
HSBC shares slipped slightly but stayed near a 27-year high after announcing a $3 billion debt call that exceeds its first interim dividend. The move underscores capital strategy amid acquisition constraints.
Markets
Intel Loses $112B in Market Cap Ahead of Q2 Earnings Test
Intel lost $112 billion in market value from its June 30 peak, closing at $120.35. The chip giant faces a critical earnings report on July 23.
Technology
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Technology
Lloyds Banking Group Rises as UK Financial Stocks Rally Ahead of BoE Decision
Lloyds Banking Group shares rose 1.3% to 104p, beating the FTSE 100, as financial stocks rallied and the bank continued its £1.75 billion buyback program.
Markets