Previous Close | 11.50 |
Open | 11.22 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 11.22 - 11.39 |
52 Week Range | 11.00 - 17.86 |
Volume | |
Avg. Volume | 309,593 |
Market Cap | 108.101B |
Beta (5Y Monthly) | 0.71 |
PE Ratio (TTM) | 7.14 |
EPS (TTM) | 1.59 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.70 (6.15%) |
Ex-Dividend Date | Sep 27, 2021 |
1y Target Est | N/A |
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One thing to start: Activist hedge fund ValueAct Capitalhas acquired a 7 per cent stake in The New York Times Company and is putting pressure on the media group to boost digital sales by pushing subscribers towards a higher-priced bundle of its products. In an interview with the FT last year, HSBC chief executive Noel Quinn vowed he wouldn’t “flip-flop” on the bank’s China strategy every time there was a flare-up in tensions between Beijing and the west. What he didn’t know was that his plans to expand across the region faced a more immediate threat: HSBC’s largest shareholder, Ping An.
(Bloomberg) -- Peter Ma isn’t afraid of dramatic change. Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsThree Days After Vote, Result Hangs in the Balance: Kenya UpdateChina Has Painted Itself Into a Semiconductor CornerGarland Seeks to Unseal Trump Warrant, Says He Approved SearchIn the past three years, the 66-year-old chairman of China’s biggest insurer has slashed more than 800,000 roles, or 60% of his
HSBC Holdings Plc's (NYSE: HSBC) top shareholder, Ping An Insurance Group Co, isn't convinced by pushback on HSBC's spinoff of its Asia operations. The shareholder argues that HSBC requires urgent and radical change, Bloomberg reported citing a person familiar with its views. The report says that Ping An estimates the spinoff would generate an additional market value of $25-$35 billion, release $8 billion in capital requirements, and save on headquarter and infrastructure costs. It believes HSBC