Shareholders of HSBC should have mental preparation of 005.HK may touch HK$28.
It will have many redundancy and restructuring costs.
Its future "Dividend Per Share" will not be more than its "Net Profit Per Share". I predict it can only pay annual dividend @US$0.25/share, i.e. cut half!
Among local listed banks, I think 1111.HK may be is the best.
It is a Greater Bay Area stock. Its parent company have solid background in Greater Bay Area cities. I see 1111.HK's businesses have been transformed over past 2 years.
Shareholders of HSBC should have mental preparation of 005.HK may touch HK$28.
回覆刪除It will have many redundancy and restructuring costs.
Its future "Dividend Per Share" will not be more than its "Net Profit Per Share". I predict it can only pay annual dividend @US$0.25/share, i.e. cut half!
Among local listed banks, I think 1111.HK may be is the best.
刪除It is a Greater Bay Area stock. Its parent company have solid background in Greater Bay Area cities. I see 1111.HK's businesses have been transformed over past 2 years.
^_^
HSBC forget it!
刪除1111 too small size
刪除Its size is compared with 2356.HK.
刪除1111.HK earned HK$1193M in 2015 and earned HK$1901M in 2019, while 2356.HK earned HK$2240M in 2019.
626.HK is the smallest. 626.HK only earned HK$466M in 2019.
^_^
P.S. The most important is not the size. I have considered 1111.HK's business growth prospects.
刪除