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21.08.25 - 10:01
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Mag 7 Firms May Report Positive Earnings Surprises: HSBC (Bloomberg)
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Willem Sels, global CIO of private banking and wealth management at HSBC, discusses the outlook for technology stocks. "The growth figures in terms of earnings growth for analysts, for the tech sector, are actually reasonably low," Sels tells Bloomberg Television. "The Mag Seven in particular are reasonably low, and we could have positive surprises." (Source: Bloomberg)...
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30.07.25 - 06:54
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HSBC plans US$3 billion stock buy-back after 29% drop in second-quarter profit (SCMP)
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HSBC, the largest banking group in Europe and Hong Kong by assets, maintained the size of its stock buy-back programme after reporting a 29 per cent drop in profit last quarter because of bigger-than-expected impairments to its interest in mainland Chinese lender Bank of Communications (BoCom).
The UK lender, whose Asian base is in Hong Kong, will set aside US$3 billion to repurchase its own shares for the next three months, matching the spending in the same period a year ago, according to its......
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