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2022-06-20

Global Ship Lease announces full redemption of 8.00% senior notes due 2024GSL -1.45%Now!Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.There will be no 2024 notes outstanding and the 2024 Notes will cease trading on the NYSE on the completion of the full redemption.

2022-06-14

Good article

@TigerEvents:Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi

2022-06-14

TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.

2022-03-22

Thanks Thanks mmmw

Goldman Upgrades Johns Lyng Following Floods

2021-06-16

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Go to Tiger App to see more news

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Ship Lease announces full redemption of 8.00% senior notes due 2024GSL -1.45%Now!Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.There will be no 2024 notes outstanding and the 2024 Notes will cease trading on the NYSE on the completion of the full redemption.","listText":"Global Ship Lease announces full redemption of 8.00% senior notes due 2024GSL -1.45%Now!Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.There will be no 2024 notes 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Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052401914,"gmtCreate":1655199642438,"gmtModify":1676535580992,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.","listText":"TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.","text":"TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052401914","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034549493,"gmtCreate":1647927183421,"gmtModify":1676534281148,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"&nbsp; Thanks Thanks mmmw","listText":"&nbsp; Thanks Thanks mmmw","text":"Thanks Thanks mmmw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034549493","repostId":"1125898120","repostType":4,"repost":{"id":"1125898120","pubTimestamp":1647921153,"share":"https://www.laohu8.com/m/news/1125898120?lang=&edition=full","pubTime":"2022-03-22 11:52","market":"other","language":"en","title":"Goldman Upgrades Johns Lyng Following Floods","url":"https://stock-news.laohu8.com/highlight/detail?id=1125898120","media":"AFR","summary":"Goldman Sachs has kept its “buy” rating on property services group Johns Lyng and lifted its target ","content":"<html><head></head><body><p>Goldman Sachs has kept its “buy” rating on property services group Johns Lyng and lifted its target price on the company due to an expected increase in catastrophic (CAT) event work driven by the recent floods in Queensland and NSW.</p><p>The broker’s forecast for financial year 2022 revenue remains unchanged, given it had already factored in $130 million of revenue with the expectation that future CAT events would occur through the season.</p><p>However, given the scale of the floods on the east coast, Goldman revised its FY23 and FY24 CAT revenue forecasts to $150 million a year, from $100 million a year and $75 million a year respectively.</p><p>“We expect a long tail of work to continue over the forecast period,” said Michael Peet, equities analyst at Goldman Sachs.</p><p>The broker also upgraded its long-term CAT revenue assumptions to $100 million a year, from $75 million previously. This is slightly above the longer-term average of $92 million a year between FY17 and FY24.</p><p>Analysts said the higher forecasts were justified given Johns Lyng had grown its market share of insurance restoration, and geographic diversity provided the company with greater exposure to CAT events across the country.</p><p>Additionally, Johns Lyng is positioned to benefit from an expected increase in the frequency and severity of CAT events based on recent history as well as the latest Intergovernmental Panel on Climate Change report, which suggests an increase in heavy precipitation and flood events.</p><p>Goldman Sachs increased its target price on Johns Lyng by 26 per cent, from $9 to $11.35. With this offering about 30 per cent upside from its current share price of $8.59, the broker retained its “buy” rating on the company.</p></body></html>","source":"lsy1647389686240","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Upgrades Johns Lyng Following Floods</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Upgrades Johns Lyng Following Floods\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-rise-us-bond-yields-surge-on-powell-rate-comments-20220322-p5a6oh><strong>AFR</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs has kept its “buy” rating on property services group Johns Lyng and lifted its target price on the company due to an expected increase in catastrophic (CAT) event work driven by the ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-rise-us-bond-yields-surge-on-powell-rate-comments-20220322-p5a6oh\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JLG.AU":"JOHNS LYNG GROUP LTD"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-rise-us-bond-yields-surge-on-powell-rate-comments-20220322-p5a6oh","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125898120","content_text":"Goldman Sachs has kept its “buy” rating on property services group Johns Lyng and lifted its target price on the company due to an expected increase in catastrophic (CAT) event work driven by the recent floods in Queensland and NSW.The broker’s forecast for financial year 2022 revenue remains unchanged, given it had already factored in $130 million of revenue with the expectation that future CAT events would occur through the season.However, given the scale of the floods on the east coast, Goldman revised its FY23 and FY24 CAT revenue forecasts to $150 million a year, from $100 million a year and $75 million a year respectively.“We expect a long tail of work to continue over the forecast period,” said Michael Peet, equities analyst at Goldman Sachs.The broker also upgraded its long-term CAT revenue assumptions to $100 million a year, from $75 million previously. This is slightly above the longer-term average of $92 million a year between FY17 and FY24.Analysts said the higher forecasts were justified given Johns Lyng had grown its market share of insurance restoration, and geographic diversity provided the company with greater exposure to CAT events across the country.Additionally, Johns Lyng is positioned to benefit from an expected increase in the frequency and severity of CAT events based on recent history as well as the latest Intergovernmental Panel on Climate Change report, which suggests an increase in heavy precipitation and flood events.Goldman Sachs increased its target price on Johns Lyng by 26 per cent, from $9 to $11.35. With this offering about 30 per cent upside from its current share price of $8.59, the broker retained its “buy” rating on the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169199560,"gmtCreate":1623820049150,"gmtModify":1703820487890,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169199560","repostId":"1199891920","repostType":4,"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9049021106,"gmtCreate":1655725131905,"gmtModify":1676535693072,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Global Ship Lease announces full redemption of 8.00% senior notes due 2024GSL -1.45%Now!Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.There will be no 2024 notes outstanding and the 2024 Notes will cease trading on the NYSE on the completion of the full redemption.","listText":"Global Ship Lease announces full redemption of 8.00% senior notes due 2024GSL -1.45%Now!Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.There will be no 2024 notes outstanding and the 2024 Notes will cease trading on the NYSE on the completion of the full redemption.","text":"Global Ship Lease announces full redemption of 8.00% senior notes due 2024GSL -1.45%Now!Global Ship Lease (NYSE:GSL) plans full redemption of its $89.02M aggregate principal senior notes due 2024, bearing 8.00% interest.The redemption price for the notes will be equal to 102% of the principal amount the redemption price plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022.There will be no 2024 notes outstanding and the 2024 Notes will cease trading on the NYSE on the completion of the full redemption.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":29,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9049021106","isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052402881,"gmtCreate":1655199901443,"gmtModify":1676535581072,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good article&nbsp;","listText":"Good article&nbsp;","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052402881","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052401914,"gmtCreate":1655199642438,"gmtModify":1676535580992,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.","listText":"TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.","text":"TestZooming into INTC stock's weekly chart, we can corral the series of bull traps that followed its double top bull trap. Those were significant price action signals that sent INTC stock into negative flow, as seen above.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052401914","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034549493,"gmtCreate":1647927183421,"gmtModify":1676534281148,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"&nbsp; Thanks Thanks mmmw","listText":"&nbsp; Thanks Thanks mmmw","text":"Thanks Thanks mmmw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034549493","repostId":"1125898120","repostType":4,"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169199560,"gmtCreate":1623820049150,"gmtModify":1703820487890,"author":{"id":"3560900851055573","authorId":"3560900851055573","name":"donatis","avatar":"https://static.tigerbbs.com/18209406db4c24a3363215458ef86f0c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169199560","repostId":"1199891920","repostType":4,"repost":{"id":"1199891920","pubTimestamp":1623814932,"share":"https://www.laohu8.com/m/news/1199891920?lang=&edition=full","pubTime":"2021-06-16 11:42","market":"us","language":"en","title":"HSBC Raised to Buy by Citi on Asia Wealth Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=1199891920","media":"Bloomberg","summary":"Citi says HSBC’s Asia wealth could be valued at $96 billion\nHSBC’s regional wealth business is ‘unde","content":"<ul>\n <li>Citi says HSBC’s Asia wealth could be valued at $96 billion</li>\n <li>HSBC’s regional wealth business is ‘underappreciated’</li>\n</ul>\n<p>HSBC Holdings Plc&nbsp;was raised to buy by&nbsp;Citigroup Inc.because of the European bank’s “under appreciated” wealth business in Asia, a region that leads the world in minting billionaires.</p>\n<p>The U.S. bank estimates that HSBC’s Asia wealth business alone could be valued at $72 billion to $96 billion, or as much as 75% of its market capitalization, according to a report by Citgroup analysts including Yafei Tian.</p>\n<p>“Generating over $5 billion in Asia wealth, HSBC’s Asia franchise is under appreciated by the market, in our view, due to the group’s global complexity,” theanalysts said. “Simplification is underway.”</p>\n<p>The London-based bank is in the midst of a plan to shift and invest billions of dollars in Asia and hire more than 5,000 new wealth planners to grow its business over the next three to five years as part of a broader pivot to the region. It’s also exiting or paring back operations in Europe and the U.S.</p>\n<p>While HSBC’s shares in Hong Kong have risen 17% this year, it’s trading at close to historical wide 40% discount to price-to-book valuation versus peers, Citi said. The shares rose 1.2% to HK$47.90 as of 10:29 a.m. in Hong Kong.</p>\n<p>HSBC is well positioned to grow its wealth revenue, benefiting from a plan to link southern Chinese cities with Hong Kong called Wealth Connect, scaling up its private banking and expanding its insurance offerings, Citi said.</p>\n<p>Citi said HSBC, which counts Hong Kong as its biggest market, had the highest revenue from wealth in Asia than of any bank. In private banking, it ranked third last year in terms of assets, excluding mainland China, according to Asian Private Banker.</p>\n<p>HSBC Chief Executive Officer Noel Quinn is targeting making the bank a market leader in wealth management, a steadier source of revenue than lending and trading. To boost its push into Asia, the bank is in the process of moving Nuno Matos, chief executive officer of wealth and personal banking, to Hong Kong from London.</p>\n<p>HSBC also has potential to grow its business in China through partnerships, including with its largest shareholder, Ping An Group Co., according to Citi.</p>\n<p>“If the two can reach partnership, they could greatly increase each other’s wealth market share across the border,” Citi said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC Raised to Buy by Citi on Asia Wealth Potential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHSBC Raised to Buy by Citi on Asia Wealth Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 11:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/hsbc-raised-to-buy-by-citi-on-asia-wealth-potential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi says HSBC’s Asia wealth could be valued at $96 billion\nHSBC’s regional wealth business is ‘underappreciated’\n\nHSBC Holdings Plc was raised to buy by Citigroup Inc.because of the European bank’s “...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/hsbc-raised-to-buy-by-citi-on-asia-wealth-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00005":"汇丰控股","HSBC":"汇丰"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/hsbc-raised-to-buy-by-citi-on-asia-wealth-potential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199891920","content_text":"Citi says HSBC’s Asia wealth could be valued at $96 billion\nHSBC’s regional wealth business is ‘underappreciated’\n\nHSBC Holdings Plc was raised to buy by Citigroup Inc.because of the European bank’s “under appreciated” wealth business in Asia, a region that leads the world in minting billionaires.\nThe U.S. bank estimates that HSBC’s Asia wealth business alone could be valued at $72 billion to $96 billion, or as much as 75% of its market capitalization, according to a report by Citgroup analysts including Yafei Tian.\n“Generating over $5 billion in Asia wealth, HSBC’s Asia franchise is under appreciated by the market, in our view, due to the group’s global complexity,” theanalysts said. “Simplification is underway.”\nThe London-based bank is in the midst of a plan to shift and invest billions of dollars in Asia and hire more than 5,000 new wealth planners to grow its business over the next three to five years as part of a broader pivot to the region. It’s also exiting or paring back operations in Europe and the U.S.\nWhile HSBC’s shares in Hong Kong have risen 17% this year, it’s trading at close to historical wide 40% discount to price-to-book valuation versus peers, Citi said. The shares rose 1.2% to HK$47.90 as of 10:29 a.m. in Hong Kong.\nHSBC is well positioned to grow its wealth revenue, benefiting from a plan to link southern Chinese cities with Hong Kong called Wealth Connect, scaling up its private banking and expanding its insurance offerings, Citi said.\nCiti said HSBC, which counts Hong Kong as its biggest market, had the highest revenue from wealth in Asia than of any bank. In private banking, it ranked third last year in terms of assets, excluding mainland China, according to Asian Private Banker.\nHSBC Chief Executive Officer Noel Quinn is targeting making the bank a market leader in wealth management, a steadier source of revenue than lending and trading. To boost its push into Asia, the bank is in the process of moving Nuno Matos, chief executive officer of wealth and personal banking, to Hong Kong from London.\nHSBC also has potential to grow its business in China through partnerships, including with its largest shareholder, Ping An Group Co., according to Citi.\n“If the two can reach partnership, they could greatly increase each other’s wealth market share across the border,” Citi said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}