HSBC 02 (0005) (Jun 10 - Dec 27)

[winston]

vested

<Research>Barclays Optimistic About HSBC HOLDINGS Plan to Privatize HANG SENG BANK', Bringing Potential EPS Upside

Barclays released a research report expressing optimism about HSBC HOLDINGS (00005.HK) 's plan to privatize HANG SENG BANK (00011.HK) .

Although achieving synergies requires patience, the transaction is expected to bring significant upside potential for EPS, with an attractive value based on a forward PE ratio of 7.5x.

Therefore, Barclays reiterated rating at Overweight. While the transaction may impact short-term capital return yields, it is believed that over time, it could create ideal value and welcomes the Group's increasing capital focus towards Hong Kong.

Related News: DBS Raises HSBC HOLDINGS TP to $113.7, Expects Div. Yield 5%+ in 2026 & 2027

The broker expected HSBC HOLDINGS to have prominent upside potential in earnings through stronger net interest income and fee income, as well as improved cost efficiency.

Source: AASTOCKS Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN