Leasing momentum, lower interest rates unlikely to rescue Hong Kong's distressed office landlords [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
Company Research
Source: Yahoo! Finance
From their peak in October 2018, prices of prime office space in the city's main business zones of Sheung Wan/Central, Wan Chai/Causeway Bay and Tsim Sha Tsui declined by more than 46 per cent as of November, according to the latest data from the Rating and Valuation Department. Overall rents, meanwhile, across the city's premium office space segment are estimated to have fallen 8.6 per cent this year, according to real estate firm JLL. The property consultancy forecasts office rents to drop by as much as 10 per cent in 2025. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "A few years ago, rental transactions would go for 50,000 sq ft, but now leasing transactions are just for 18,000 sq ft, so rents could not fund the loans," said Oscar Chan, head of capital markets at JLL in Hong K
Show less
Read more
Impact Snapshot
Event Time:
HSBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSBC alerts
High impacting HSBC Holdings, plc. news events
Weekly update
A roundup of the hottest topics
HSBC
News
- Remote work impeded women's careers, CEO of top U.K. bank claims amid industry-wide RTO surge [Fortune]Fortune
- Trump's tariff pledge hasn't sparked a stock-market panic. What investors need to watch. [Yahoo! Finance]Yahoo! Finance
- Should You Invest in the iShares MSCI Europe Financials ETF (EUFN)? [Yahoo! Finance]Yahoo! Finance
- This millennial made $130,000 in 2024 — and shares two strategies that helped her do it [CNBC]CNBC
- Madoff fraud victims get $4.3bn as fund completes payouts [Yahoo! Finance]Yahoo! Finance
HSBC
Sec Filings
- 1/2/25 - Form 6-K
- 12/31/24 - Form 6-K
- 12/31/24 - Form 6-K
- HSBC's page on the SEC website