Express News | According to Hong Kong Exchange disclosures, HSBC Holdings' stake in Midea Group's H-shares decreased from 10.03% to 9.88% on July 14.
《New Stock》Zhongji Xuchuang (300308.SZ) has begun gauging investor interest in its Hong Kong IPO and could open for investor subscriptions as early as this week.
Bloomberg reported that optical module giant InnoLight Technology (300308.SZ) held an analyst meeting with investors on Monday (the 20th) to gauge investor interest in its Hong Kong listing, with bookbuilding potentially commencing as early as this week. The company’s Hong Kong IPO could raise up to USD 8 billion, which would make it the largest IPO in Hong Kong since Alibaba-W (09988.HK) listed in 2019. According to filings, Goldman Sachs, CICC, Morgan Stanley, GF Securities, Haitong International Securities, Citi, HSBC, and China Galaxy Securities are participating in the offering.
Goldman Sachs raises HSBC Holdings (0005.HK) target price to HK$181, citing expectations of strong second-quarter earnings performance.
Goldman Sachs issued a research report stating that HSBC Holdings (0005.HK) will announce its second-quarter 2026 results on August 4, with underlying pre-tax profit expected to reach USD 10.2 billion, up 25% year-over-year and 2% quarter-over-quarter, surpassing market expectations by 4%. The firm noted that the sequential growth is primarily driven by a reduction in credit costs to 40 basis points, and it does not anticipate any additional provisions related to Middle East conflicts. The elevated provisions in the first quarter were impacted by one-off credit-related expenses. Additionally, net interest income is expected to increase by 3% quarter-over-quarter, supported by a modest rise in Hong Kong Interbank Offered Rates (HIBOR). The firm further stated that looking ahead, quarterly performance will be
HSBC (HSBC.US) receives the Bank of England's first license, marking a milestone for tokenized bonds
The UK regulatory framework is increasingly embracing blockchain-based securities products, providing traditional banks with a structured pathway to explore digital asset services without immediately having to comply fully with all regulatory requirements.
Express News | According to information from the Hong Kong Exchange, HSBC Holdings' stake in Midea Group's H shares increased from 9.76% to 10.17% on July 10.
HSBC On Pace for Record High Close -- Data Talk