74.3250.97% ( +0.715 )
Closed: Nov 11, 15:59:55 (EDT)Weekly Recap | HSBC HOLDINGS +2.84%, consensus target above spot
Weekly Review·- HSBC Holdings recorded a weekly gain of 2.84 % to close at 137.5 HKD, underperforming the Hang Seng Index. - The company actively managed its capital structure through share grants, buybacks, and a 1.5 billion USD perpetual subordinated contingent convertible securities offering. - Eleven institutions covered the stock with a consensus buy rating and a target price of 170.35 HKD, representing a 23.9 % premium over the current price.
