HSBC (HSBA) 🏦 🇭🇰 - Share Chat

https://www.cityam.com/hsbc-bank-sees-profits-plunge-as-it-plans-35000-job-cuts/

Anyone holding HSBC?

2 Likes

:sob: :sob: I saw that this morning, thankfully it is one of my smaller holdings.

It might be a buying opportunity for me.

1 Like

I’ve been thinking of investing in HSBC… May hold off for a bit after seeing this.

Could be a chance to pick up a few shares at a bargain price!

1 Like
2 Likes

HSBA is one of my biggest bags. I have confidence in their turnaround strategy however if the world falls apart, I’m not sure a turnaround will turn share prices fully around.

Cancellation of their dividends is a hard hit to investors.