London, Jan 30, 2026, 08:09 GMT — Regular session
HSBC Holdings Plc (HSBA.L) shares edged up roughly 0.2% to 1,272.3 pence in early London trading on Friday, after opening at 1,274.6p and closing at 1,270.0p the previous day. The stock remains close to its 52-week peak of 1,286.2p. (MarketScreener)
The subdued shift follows a midweek dip in UK financial shares, as investors turned toward U.S. tech stocks. Axel Rudolph, senior financial analyst at IG, noted in a Wednesday market update: “There seems to have been a rotation out of European and U.K. stocks in favour of U.S. technology stocks.” (Reuters)
Bank investors are keyed up for earnings season, with Lloyds kicking things off. The UK lender posted a 12% jump in profit for 2025 that beat expectations on Thursday. It also unveiled a £1.75 billion share buyback and raised its 2026 return on tangible equity—a key profitability metric—to over 16%. (Reuters)
HSBC faced a system outage Friday afternoon in Hong Kong, knocking its mobile banking app offline and affecting branch services, the South China Morning Post reported. A bank spokesperson confirmed the disruption, with services starting to come back online around 3 p.m. Both HSBC and the Hong Kong Monetary Authority were not immediately reachable for comment, according to the report. (South China Morning Post)
The Financial Times reports that HSBC is ramping up efforts to capture a bigger slice of Hong Kong’s IPO market after largely missing out on last year’s surge. Michael Roberts, head of corporate and institutional banking, told the FT the bank is “maniacally focused” on boosting its IPO market share. According to Dealogic data cited by the paper, HSBC was lead sponsor on just one of more than 100 Hong Kong IPOs in 2025, trailing rivals like Morgan Stanley, JPMorgan, and CICC. (Financial Times)
HSBC’s Hong Kong site shows a non-regular maintenance slot for online and mobile services early Thursday. The bank hasn’t clarified if this maintenance links to Friday’s outage. (HSBC Hong Kong)
Shareholders face a clear threat: service outages risk escalating into a larger issue if they persist or spread, especially in a market where HSBC depends heavily on scale and trust. Meanwhile, the IPO drive hangs on fragile market windows that can close abruptly if equity sentiment takes a hit.
HSBC’s delayed share-price screen listed London at 1,270.0p, Hong Kong at HK$136.80, and New York at $88.54 in the latest update. The bank’s annual results for 2025, due Feb. 25, stand as the next major trigger. Investors are also waiting for more details on the Hong Kong outage. (HSBC)
