Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBCs international network comprises over 9,800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Companby has listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

            Red = 25 day moving average.           Green = 200 day moving average.

You'll have to explain fred........

Bought in for 0.21$ div, 3/3/16

8-)

ok div tomorrow of 0.21$, bought in at 470p today........ happy.,. ;))

EARNINGS RELEASE FOR FIRST QUARTER 2016 AND
FIRST INTERIM DIVIDEND FOR 2016

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

How sustainable do we think the 8.1% dividend is? I have to choose what to buy if the market stays down here and thinking there must be some significant risk around it at 8%+

2016 INTERIM RESULTS - HIGHLIGHTS

HSBC's $2.5 billion buy-back boosts shares as bank postpones profit goal

Very nice.

Broker Forecast - Barclays Capital issues a broker note on HSBC Holdings PLCBFNBarclays Capital today reaffirms its equal weight investment rating on HSBC Holdings PLC (LON:HSBA) and raised its price target to 525p (from 500p).

Getting very overbought now but I'm staying in. Dividend yield down to a mere 6.0% with the rise

Still looking good here - but then so are plenty of others!

Quite a spectacular "V" - well if you squint!

Nice chart. Im holding here from 452p

Me too.

HSBC's Q3 profit

StockMarketWire.com

HSBC Holdings posts third quarter pre-tax profits of $843m - 86% down from $6,097m a year ago.

On an adjusted basis, pre-tax profits rose by 7% to $5,591m.

HSBC uses adjusted performance to understand the underlying trends in the business. The main differences between reported and adjusted are foreign currency translation and significant items, including the operating results for our Brazil business as well as the loss recognised on disposal.

Return on average ordinary shareholders' equity (annualised) was -1.4% in the three months to the end of September against 10.9% a year ago.

Group chief executive Stuart Gulliver said: "Our third-quarter performance reflected the strength of our network and the deepening impact of our strategic actions. Reported profits were down, but adjusted profits were higher than last year's third quarter in all four global businesses and four out of five regions.

"Reported profits included the impact of the disposal of our operations in Brazil, changes in the fair value of our own debt, and the costs of implementing our cost-reduction programmes.

"Our global universal banking model generated higher adjusted revenue than for the same period last year, and our cost-reduction programmes continued to reduce our operating expenses. This produced adjusted positive jaws of 5.6% for the third quarter and 1.5% for the first nine months of the year. Global Banking and Markets had strong adjusted revenue growth in the quarter, with market share gains in Debt Capital Markets globally, and Rates and Credit in Europe.

"We also achieved one of our best ever rankings for global cross-border mergers and acquisitions. Principal Retail Banking and Wealth Management performed relatively well due to the impact of stock market movements on our insurance business in Asia, compared with a weak third quarter of 2015. Commercial Banking revenue remained stable, as higher balances in Global Liquidity and Cash Management helped mitigate the impact of lower revenue from trade finance.

"Following a change in the regulatory treatment of our investment in BoCom, our common equity tier 1 capital ratio increased to 13.9%. This is another action forming part of our ongoing capital management of the Group that reinforces our ability to support the dividend, to invest in the business and, over the medium term, to contemplate share buy-backs, as appropriate. It also provides us with a significant capacity to manage the continuing uncertain regulatory environment.

"We had completed 59% of our $2.5bn equity buy-back at 31 October. We expect to finish the programme by the end of 2016 or early in the first quarter of 2017, depending on market trading volumes in the fourth quarter."

"V" bottom almost reversed - where now!

Goldman Sachs Neutral 642.45 675.00 675.00 Reiterates

750 I hope..

Ditto driver. :)