What do you think about HSBC's future in Hong Kong and Greater China?
This is utter nonsense, and one of the worst things about 'the internet'. This time next week it'll be forgotten and you'll be making another wild unchecked prediction.
Originally Posted by DimSumBond;3724086[B
Hong Kong is the largest bank in Hong Kong with significant exposures to the domestic lending/ mortgage markets. With property not looking so good, we can expect to see write-offs growing. HSBC is also very active in the PRD and in funding and providing cash management to the companies and SME that make up the PRD Hong Kong economy.
Originally Posted by TheRoadAhead
A revision in dividend payments to foreign shareholders will do significant damage to HSBC in a time where there is so much domestic headwinds. And let's also not forget HSBC's other subsidiaries that are not going to fair well in slow growth and low interest rate environments.
Due to HSBC's concentration on Hong Kong, it is the Elephant in the Room. I'm watching this closely.
Awesome contribution. You having a bad day? Adding you to my ignore list.
Originally Posted by Kowloon72
It would be useful to dive into the exposure of HSBC within Mainland China, Hong Kong and other Asian countries. I don't think they publish their reports splitting the data by country but rather by region as previously shared on this thread.
Originally Posted by DimSumBond
I agree that Mainland China would probably prevent HSBC's reach in Mainland as a result of this apocalyptical event which makes sense from a financial and geopolitical perspective (i.e. they have the largest banks in the world and if HSBC fails that's matter for the CCP to show how HK failed).
This is very tricky. I am planning to open a HSBC Expat account in the UK but I'm wondering if HSBC was to fail how easy it would be to transfer my shares back to another bank (HSBC being the custodian in this case...)