Previous close | 1.5000 |
Open | 1.6000 |
Bid | 1.5000 |
Ask | 1.7000 |
Strike | 44.00 |
Expiry date | 2024-09-20 |
Day's range | 1.5000 - 1.6500 |
Contract range | N/A |
Volume | |
Open interest | 6 |
The Chinese insurance giant, which emerged as a major shareholder in HSBC in 2017 through its asset management arm and has had a tumultuous relationship with the lender in the recent past, has been offloading shares in the London-headquartered banking group. It has sold HSBC shares worth $50 million so far this month and the report adds Ping An is considering selling more as it looks to cut its $13.3 billion stake in the lender. Ping An had been pushing the lender to implement a slew of reforms, including spinning off its Asia business.
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NEW YORK, May 15, 2024--HSBC Bank USA today announced the launch of the HSBC Hybrid Checking Account, a new product designed to maximize a company’s returns by combining an Earnings Credit Rate (ECR) with credit interest, thus earning interest on every dollar deposited into the account.