Weekly Recap | HSBC HOLDINGS -2.57%, CFO succession in the frame
Weekly Review·
- HSBC Holdings fell 2.57 % this week to close at 163.3 HKD, slightly underperforming the Hang Seng Index.
- The company announced that Group Chief Financial Officer Pam Kaur plans to step down in 2027, while actively continuing share buybacks and bond issuances.
- Institutional ratings remain largely positive with a consensus buy rating and an average target price of 177.26 HKD.
