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NASDAQ:PRE News 30 December 2025

Beckham-backed Prenetics stops Bitcoin buying, eyes up to $200 million IM8 revenue

Beckham-backed Prenetics stops Bitcoin buying, eyes up to $200 million IM8 revenue

NEW YORK, December 30, 2025, 10:25 ET Prenetics Global Ltd said on Tuesday it has stopped buying bitcoin and will not make additional purchases, redirecting its capital allocation to its IM8 health supplement brand. The Nasdaq-listed health sciences company said it halted daily buying on Dec. 4 and will keep its 510 bitcoin as a treasury reserve asset. Streetinsider The…

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  • HSBC Holdings Shares Rally 60% in One Year Amid Mixed Valuation Signals
    February 1, 2026, 1:01 PM EST. HSBC Holdings (LSE:HSBA) has surged 60.3% over the past year, reflecting renewed investor confidence in the global bank. Recent gains include 4.4% in the last week, yet valuation signals remain mixed. HSBC scores 2 out of 6 on valuation metrics, indicating a blend of undervaluation and caution. Excess Returns analysis shows HSBC's intrinsic value at £17.97, suggesting a 28.5% discount to current share price and potential undervaluation. The bank's Return on Equity at 14.79% exceeds its cost of equity, supporting this outlook. Despite the strong rally, investors must weigh growth prospects and sector dynamics amid shifting market sentiment on large financial institutions.
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