HSBC share price set for Monday spotlight as profit-target talk swirls ahead of results
HSBC is expected to raise its return-on-tangible-equity target in next month’s annual results, with analysts predicting an increase of about two percentage points. Shares slipped 1.1% to 1,231 pence Friday. The bank declined to comment. In Hong Kong, HSBC’s privatisation of Hang Seng Bank is set to take effect Jan. 26, with delisting scheduled for Jan. 27.