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| HSI1 | 25,889.48 | -400.84 | 490.37B |
| HSCEI1 | 9,222.54 | -135.78 | 194.82B |
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2025-10-13 11:15:53 DBS Group Research report mentioned HSBC HOLDINGS (00005.HK)’s proposed privatization of HANG SENG BANK (00011.HK) at HKD155 per share last Thursday (9th), with a transaction valuation of USD13.7 billion. This move aligns with HSBC's strategy to deepen its business in Hong Kong, expected to generate long-term revenue and cost synergies. DBS believed the impact on HSBC's EPS is minimal, and stock buybacks will be suspended for the next three quarters. DBS reaffirmed its Buy rating for HSBC HOLDINGS, raising the target price from HKD98.7 to HKD113.7, implying a 1.18x FY2026E P/BV. The broker expected the stock to continue to offer 5%+ dividend yield in FY2026-27. It estimated HSBC's DPS to be HKD5.31, HKD5.56, and HKD5.94 for FY2025-27, with dividend yields of 5.1%, 5.3%, and 5.7%, respectively. ~ AASTOCKS Financial News Website: www.aastocks.com | |