You are here

Prices & Quotes - UK Markets - HSBC Holdings (HSBA)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 359.75p
Change Today:
-1.95p
Market Cap:
73,484m
Sector:
Banks

Didi shares fall over 25% in response to Chinese crackdown

By Caoimhe Toman

Date: Tuesday 06 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Didi Global shares fell over 25% in US pre-market trade on Tuesday, ahead of its first trading session since Chinese regulators ordered the company's app be taken down in that country.
The crackdown from Beijing has had a negative impact on investor confidence and comes just days after its $4.4bn listing on the New York Stock Exchange.

The ride-hailing giant's app was ordered to be removed from mobile app stores in China on Sunday by the Cyberspace Administration of China (CAC) over concerns regarding the handling of customer data.

In pre-market trade on Tuesday (as the NYSE was closed on Monday because of the bank holiday of the 4th of July), Didi shares fell as much as 25% to $11.59.

This is considerably below its debut price of $16.65 on 30 June.

According to Reuters, at that pre-market level, Didi is set to shed nearly $19bn in market capitalisation.

Didi said on Monday the app's ban would have an adverse impact on its revenue in China despite it remaining available for existing users.

The day before, the Global Times, which is connected to China's Communist party, said that Beijing would not allow any internet giant to become a super data base with more personal data than the state itself.

In the same article, the tabloid noted that Didi's two largest shareholders were foreign which required more strict supervision in order to safeguard both personal data security and national security.

Beijing's latest moves had also triggered concerns among some market watchers about the growing decoupling between China and the US whilst yet others noted that US listing for Chinese companies had proven quite lucrative for the largest American investment banks, including Goldman Sachs and Morgan Stanley.

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

 

HSBC Holdings Market Data

Currency UK Pounds
Price 359.75p
Change Today -1.95p
52 Week High 455.50p
52 Week Low 283.35p
Volume 35,928,769
Shares Issued 20,426m
Market Cap 73,484m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Price Trend
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Growth
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Dividend Yield
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 11
Buy 1
Neutral 9
Sell 0
Strong Sell 2
Total 23
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSBC Holdings Dividends

  Latest Previous
  Interim Interim
Ex-Div 19-Aug-21 11-Mar-21
Paid 30-Sep-21 29-Apr-21
Amount 7.00¢ 15.00¢

Trades for 21-Sep-2021

Time Volume / Share Price
16:37 42,802 @ 359.50p
16:35 50,214 @ 359.75p
16:35 8,462,243 @ 359.75p
16:30 500 @ 358.93p
16:29 465 @ 359.20p

HSBC Holdings Key Personnel

CFO Ewen Stevenson
CEO Noel Quinn