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HKG:0011 News 24 January 2026

HSBC share price slips into the weekend as Hang Seng Bank delisting nears — key dates ahead

HSBC share price slips into the weekend as Hang Seng Bank delisting nears — key dates ahead

London, Jan 24, 2026, 07:56 GMT — Market closed HSBC Holdings’ shares on the London market (HSBA.L) slipped 1.1% to 1,231 pence on Friday, following a court ruling that greenlights the bank’s bid to privatize Hong Kong’s Hang Seng Bank. (Hargreaves Lansdown) The timing is crucial as the paperwork deadline approaches. HSBC anticipates the scheme will take effect on Jan.…

Stock Market Today

  • Sugar Prices Fall Amid Increasing Global Production and Export Prospects
    January 24, 2026, 6:10 AM EST. Sugar prices dropped on major exchanges as higher global sugar production weighs heavily on markets. Brazil's 2025-26 Center-South output rose 0.9% year-on-year (y/y), reaching 40.222 million metric tons (MMT), with a higher proportion of cane crushed for sugar. India's sugar output surged 22% y/y to 15.9 MMT through mid-January, prompting the India Sugar Mill Association to raise its production estimate to 31 MMT and reduce forecast sugar use for ethanol. This shift could boost India's sugar exports, intensifying supply pressure. Brazil's crop agency Conab raised its sugar forecast to 45 MMT, while analysts predict a global sugar surplus of 4.7 MMT in 2025-26, up from 4.1 MMT. However, future sugar production declines in Brazil could temper this. Market positions in white sugar futures at record highs may accelerate price falls.
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