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Keefe Upgrades HSBC Stock Rating to Outperform

HSBC CEO Georges Elhedery Plans to Work Primarily in Hong Kong Next Year

Luckin Coffee Considers Bid for Nestle's Blue Bottle

Jackson Wealth Management LLC and Others Increase Holdings in HSBC

Hang Seng Investment Management Buys and Sells Hang Seng Bank Shares

Citigroup analyst maintains hold rating on Nestle

Multiple Banks Launch USD Deposit Promotion Schemes

MPFA Announces Further Reduction in MPF Easy Fees in 2026-2027 Fiscal Year

HSBC Extends Fixed-Rate Mortgage Application Period Until End of Next Year

Citibank Sees Positive HSBC 2026 Earnings and Maintains 'Buy' Rating

HSBC UK commits to branch operations until 2027 and invests 55.8 million pounds to improve branches

HSBC Proposes HK$155 Per Share for the Privatization of Hang Seng Bank

HSBC UK commits to keeping all 327 branches open until 2027 and increasing investment

CFRA Maintains Hold Rating on HSBC and Raises Target Price

Swift, Ant International, and HSBC Complete Cross-border Tokenized Deposit Payment Test

HSBC Holdings PLCCuts Holding in InterDigital Inc

HSBC Cuts USD Savings Deposit Rate

HSBC Maintains Hong Kong's Prime Loan Rate at 5.00%

Most Hong Kong Stocks ADRs Rise, Tencent ADR Falls

HSBC Hits 52-Week High as Bank of America Upgrades Rating

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GCI LIBERTY INC COM USD0.01 SER C SUBS RTS 17/12/2025

NSRGF

Bernstein analyst Callum Elliott maintained a Hold rating on Nestlé SA with a price target of CHF79.00. Elliott, a 2-star analyst with a 0.3% average return and a 45.21% success rate, covers the Consumer Defensive sector. Citi’s Cedric Besnard also issued a Hold rating on Nestlé SA today, while Kepler Capital maintained a Buy rating on December 8.

Tip Ranks

Nestlé S.A.

Bernstein Remains a Hold on Nestlé SA (NSRGF)

HSBA

HSBC

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Keefe, Bruyette & Woods upgraded HSBC's stock rating from "market perform" to "outperform." Other analysts have also issued positive ratings, with HSBC receiving a consensus "Moderate Buy" rating and a target price of $63.00. HSBC's stock price rose to $76.74, with a market cap of $263.61 billion. The company reported strong quarterly earnings, surpassing estimates, and institutional investors have adjusted their stakes in HSBC.

- HSBC was upgraded by Keefe, Bruyette & Woods to an "outperform" rating, with several analysts providing increased ratings, indicating positive market sentiment.  
- The company's stock rose to $76.74, influenced by strong quarterly earnings exceeding expectations and an average target price of $63.00 among analysts.  
- HSBC operates globally and has shown robust growth in institutional ownership, although top analysts suggest other stocks as potentially better investments.

Market Beat

HSBC Holdings Plc

HSBC HOLDINGS

HSBC (NYSE:HSBC) Raised to "Outperform" at Keefe, Bruyette & Woods

UK's FTSE 100 index rose 0.9% to 9,774, marking a one-month high, driven by expectations of a Bank of England rate cut. Notable gainers included Barratt Redrow (+3.7%) on rate cut speculation, Phoenix Group (+3.3%) after a UBS upgrade, and HSBC (+2.7%) following a KBW upgrade. UK inflation dropped to an eight-month low, influencing market sentiment.

- London's FTSE 100 rose by 0.9% to close at 9,774, marking its highest level in over a month after recovering from a previous decline.  
- The market remained cautious ahead of the Bank of England's policy announcement, though a 25 bps rate cut is largely anticipated.  
- UK inflation unexpectedly decreased in November to its lowest level in eight months, positively impacting stocks like Barratt Redrow and Phoenix Group.

Trading Economics

UK Stocks Close at Over 1-Month High

HSBC Holdings' share price has risen 42% year-to-date, driven by strong earnings and profitability. Despite trading above analyst targets, it shows a 4.7% overvaluation against a fair value of £10.62. Strategic shifts and digital investments aim to boost margins, but risks include Hong Kong property weakness and Asian macro headwinds. The current P/E ratio of 15.4 suggests a richer valuation compared to European banks. Simply Wall St provides a detailed analysis and valuation breakdown, highlighting potential investment opportunities.

- HSBC Holdings has achieved a 42% increase in share price year-to-date, driven by strong earnings and rising profitability, despite being considered 4.7% overvalued against a fair value of $10.62.  
- The company's strategic shift to prioritize high-return businesses in Asia and the Middle East, along with substantial investment in digital transformation, is expected to enhance net interest margins and return on equity.  
- However, risks such as ongoing weakness in Hong Kong property and potential regulatory challenges in Asia could disrupt projected earnings and margins moving forward.

Simplywall

Is HSBC (LSE:HSBA) Still Undervalued After Its Strong Recent Share Price Rally?

UK's FTSE 100 surged 1.7% to over 9,800, marking its strongest gain since April, driven by softer inflation data and rate cut expectations. Phoenix Group led with a 4.3% rise after UBS upgraded it to 'buy', while HSBC rose 3.3% following KBW's 'outperform' upgrade. Miners, housebuilders, utilities, banks, and oil companies also saw gains.

- London's FTSE 100 rose 1.7% to above 9,800, marking its best day since April 14, driven by softer inflation data and heightened rate cut expectations.  
- A 25 basis point rate cut by the Bank of England is anticipated in their final decision of the year on Thursday.  
- Key performers included Phoenix Group, which rose 4.3% following a UBS upgrade to ‘buy’, and HSBC, which gained 3.3% after being upgraded to ‘outperform’ at KBW.

UK Stocks See Strongest Gain in 8 Months

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HSBC Holdings PLC announced a proposal for the privatization of Hang Seng Bank Limited by The Hongkong and Shanghai Banking Corporation Limited via a scheme of arrangement under section 673 of the Companies Ordinance. The announcement includes the proposed withdrawal of Hang Seng Bank's listing. Financial advisers involved are BofA Securities, Goldman Sachs, Morgan Stanley, and Somerley Capital Limited. The announcement provides updated information on shareholdings and dealings as of 12 December 2025.

- HSBC Holdings is proposing the privatization of Hang Seng Bank through a scheme of arrangement, with a focus on updating shareholders on current holdings and dealings by various parties within its group as of December 12, 2025.  
- The proposal aims to reduce Hang Seng Bank's issued share capital, redistributing shares to HSBC Asia Pacific.  
- All transactions, disclaimers, and shareholding structures comply with securities regulations during the process, emphasizing transparency and compliance.

London Stock Exchange

HANG SENG BANK

REG - HSBC Holdings PLC - Privatisation of HangSengBank-Scheme Document Supp

HSBC ETFs FTSE 100 UCITS ETF reported a net asset value of £653,017,561.70 as of 16 December 2025, with a NAV per share of £96.3864. The fund has 6,775,000 shares in issue, with no shares redeemed since the previous valuation. The information is provided by RNS, the news service of the London Stock Exchange.

- The HSBC FTSE 100 UCITS ETF reported a net asset value of £ 653,017,561.70 as of December 16, 2025.  
- The number of shares in issue is 6,775,000, with a NAV per share of £ 96.3864.  
- This information was disseminated by RNS, the London Stock Exchange's news service, approved by the Financial Conduct Authority.

REG - HSBC ETFs FTSE 100 £ - Net Asset Value(s)

HSBC S&P India Tech UCITS ETF reported a net asset value of €15,916,099.66 as of December 16, 2025, with a NAV per share of €18.7248. The fund has 850,000 shares in issue, with no shares redeemed since the previous valuation. This information is provided by RNS, the news service of the London Stock Exchange.

- The HSBC S&P India Tech UCITS ETF reported a net asset value of €15,916,099.66 and a NAV per share of €18.7248 as of December 16, 2025.  
- With 850,000 shares in issue, there were no shares redeemed since the previous valuation.  
- The information is disseminated by RNS, which is recognized by the Financial Conduct Authority in the UK as a Primary Information Provider.

REG - HSBC ETFs S&P India$ - Net Asset Value(s)

HSBC ETFs Multi Factor Worldwide Equity UCITS ETF announced its net asset value as of December 16, 2025. The fund's NAV is $891,137,938.91, with a NAV per share of $36.5710. The ISIN code is IE00BKZGB098, and there are 24,367,369 shares in issue. This information is provided by RNS, the news service of the London Stock Exchange.

- The HSBC Multi Factor Worldwide Equity UCITS ETF had a valuation date of December 16, 2025.  
- It reported 24,367,369 shares in issue, a net asset value of $891,137,938.91, and a NAV per share of $36.57.  
- This information was provided by RNS, the news service of the London Stock Exchange, which is regulated by the Financial Conduct Authority.

REG - HSBC ETFs WW EQ $ - Net Asset Value(s)

HSBC ETFs MSCI China A UCITS ETF reported a net asset value of $80,494,908.26 as of December 16, 2025, with a NAV per share of $11.6206. The fund has 6,926,932 shares in issue, and no shares were redeemed since the previous valuation. The information is provided by RNS, a news service of the London Stock Exchange.

- The HSBC MSCI China A UCITS ETF reported a net asset value of $80,494,908.26 as of December 16, 2025.  
- There are 6,926,932 shares in issue, with a NAV per share of $11.6206, and no shares redeemed since the previous valuation.  
- This information is published by RNS, a news service recognized by the Financial Conduct Authority in the UK.

REG - HSBC ETFs Chn A $ - Net Asset Value(s)

HSBC ETFs FTSE EPRA DEV Islamic $ reported a net asset value of $9,081,737.99 with a NAV per share of $14.2459 as of 16/12/2025. The fund has 637,500 shares in issue, with no shares redeemed since the previous valuation. The information is provided by RNS, a news service of the London Stock Exchange.

- The HSBC FTSE EPRA NAREIT Developed Islamic UCITS ETF reported its valuation date as of 16 December 2025, with a net asset value of $ 9,081,737.99 and a NAV per share of $ 14.2459.  
- There are currently 637,500 shares issued, with no shares redeemed since the previous valuation.  
- This information is disseminated by RNS, which is recognized by the Financial Conduct Authority as a Primary Information Provider in the UK.

REG - HSBC ETFs FTSE $ - Net Asset Value(s)

HSBC ETFs Plus USA Equity Quant Active UCITS ETF announced its net asset value (NAV) as of December 16, 2025. The NAV per share is $11.6437, with a total NAV of $85,581,427.43 and 7,350,000 shares in issue. This information is provided by RNS, the news service of the London Stock Exchange.

- HSBC Plus USA Equity Quant Active UCITS ETF reported a net asset value of $85,581,427.43 with 7,350,000 shares issued.  
- The NAV per share is $11.6437 as of the valuation date on December 16, 2025.  
- This information is disseminated by RNS, the news service of the London Stock Exchange, which is regulated by the Financial Conduct Authority.