HSBC Holdings (HSBA)

Sector:

Banking

Index:

FTSE 100

688.00p
   
  • Change Today:
    -5.40p
  • 52 Week High: 720.80p
  • 52 Week Low: 575.80p
  • Currency: UK Pounds
  • Shares Issued: 18,761m
  • Volume: 20,359,924
  • Market Cap: £129,073m
  • RiskGrade: 167

HSBC in talks to buy L&T mutual fund arm - report

By Frank Prenesti

Date: Tuesday 31 Aug 2021

LONDON (ShareCast) - (Sharecast News) - HSBC is in advanced and exclusive talks with L&T Finance Holdings to buy its the Indian firm's mutual fund arm, according to reports on Tuesday.
Blackstone had a bid rejected in 2020 by the Indian Securities and Exchange Board which disapproved of private equity firms having a significant stake in mutual funds owing to their short-term approach.

Given the delay and the additional approvals required, L&T Finance Holdings has been engaged with HSBC about a possible sale of its mutual fund arm, the news website Moneycontrol reported, citing people with direct knowledge of the matter.

HSBC and L&T declined comment, the website added.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HSBC Market Data

Currency UK Pounds
Share Price 688.00p
Change Today -5.40p
% Change -0.78 %
52 Week High 720.80p
52 Week Low 575.80p
Volume 20,359,924
Shares Issued 18,761m
Market Cap £129,073m
RiskGrade 167

HSBC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.49% above the market average90.49% above the market average90.49% above the market average90.49% above the market average90.49% above the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Price Trend
62.78% above the market average62.78% above the market average62.78% above the market average62.78% above the market average62.78% above the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average
Income
96.48% above the market average96.48% above the market average96.48% above the market average96.48% above the market average96.48% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Growth
69.24% above the market average69.24% above the market average69.24% above the market average69.24% above the market average69.24% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 6
Sell 2
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSBC Dividends

  Latest Previous
  Special 1st Interim
Ex-Div 09-May-24 09-May-24
Paid 21-Jun-24 21-Jun-24
Amount 21.00¢ 10.00¢

Trades for 28-May-2024

Time Volume / Share Price
16:23 0 @ 686.40p
16:27 3 @ 686.60p
16:23 0 @ 686.30p
15:58 7 @ 685.60p
15:56 1 @ 685.50p

HSBC Key Personnel

CEO Noel Quinn

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