|Bid||33.26 x 1800|
|Ask||33.96 x 800|
|Day's range||33.31 - 33.62|
|52-week range||24.31 - 38.61|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||10.09|
|Forward dividend & yield||1.35 (4.06%)|
|Ex-dividend date||18 Aug 2022|
|1y target est||46.04|
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.
The Chinese investor campaigning to break up HSBC believes a split would unlock as much as $35bn (£28.6bn) in value for shareholders.
The Chinese shareholder has accused HSBC executives of exaggerating the downfalls of separating off the Asian business