HSBC CEO on Sinking Profit, China Economy, Real Estate
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- Опубликовано: 27 май 2024
- HSBC Holdings Plc reported fourth-quarter profit fell 80% after taking unexpected charges on holdings in a Chinese bank and from selling its French retail operations. Chief Executive Officer Noel Quinn says he has strong confidence in the China economy and has been pleased by stimulus in recent months. He also discusses the China property market and why he de-risked on commercial US real estate. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Daybreak: Middle East & Africa."
this guy doesn't sound like a CEO, he sounds like a junior finance analyst
😂
He's simply more detailed
@@SSYlistclearly not where it counts otherwise he would have seen the disaster up front. CEO is supposed to sell a vision - he did none of that, just comes across as weak and hiding behind numbers.
Sound like your mom benefactor. Love them foreigner sausage
Francine is an excellent journalist
It is a disgrace that his remuneration doubles last year. There is something very wrong about that.
It’s all good according to this banker. “Just give me your money.”
Believe me I am trust you please don't again
Thanks HSBC
The price is sharply down,why he feel good?
Very cristal explanations. Very good macro overview
HSBC's Entanglement with Mexican Drug Cartels
In the early 2010s, HSBC, a 150-year-old institution that had weathered world wars, stock market bubbles, and the 2008 financial crisis, was rocked by a money laundering scandal that would become one of its lowest moments. HSBC had been aggressively restructuring, divesting unprofitable ventures, and centralizing its global operations. Although intended to streamline the bank, these changes indirectly weakened HSBC's compliance mechanisms.
Trai act in India and SEBi shares I will check the Dow Jones the make the decision , I need the same things.
How much bonus will he be getting?
10mil
The remaining 20% of profits
Wonder how much cartel money is flowing through hsbc
Who is this guy think he's fooling 😂
not very convincing was it...
Indian authorities and my last company Infosys have a part to play
This man is reading from a teleprompter with three CCP guys standing right beside him. China is collapsing.
😂
The one collapsing is your lies on China.
Victim of identity , I have approached the local branch to seek HSBC Legal help feom UK or HSBC Hong Kong,and asylum in Russia.
Good to know not to invest in HSBC
Home values will continue to decline for years. Boom, and bust.
no thanks
China housing market has bottomed out😂
So he means it’s time to buy? But PBOC still delivers policies to support the property markets
Only noobs still invest in China 😂
Only clueless noobs write comments like yours 😉
@@eIectrostaticactually he is right. China is a death trap for capital
@@eIectrostaticI would invest Chinese women, they love foreigner men.
@@eIectrostaticseriously how much do you get paid for spreading propaganda?
@@bulthaosen1169 Why do you ask this type of stupid question? Your brain can't handle information that counters your bias? Or is it because the US has a US$500m budget for anti China propaganda, so you assume China must have something similar?
Our Confidence in China is still Strong.