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HSBC Granted Waivers for Enhanced Market Operations
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HSBC Granted Waivers for Enhanced Market Operations

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HSBC Holdings ( (GB:HSBA) ) has issued an update.

HSBC Holdings has received novel waivers from the Hong Kong Stock Exchange’s listing rules and the Code on Share Buy-backs. These waivers allow its subsidiaries to engage in certain activities, such as client facilitation trading and derivatives hedging, without strict compliance to specific rules. The waivers also permit the Company to buy back shares during closed periods or when it holds inside information, subject to conditions, enhancing its operational flexibility and market positioning.

More about HSBC Holdings

HSBC Holdings plc is a leading global financial institution, offering a wide range of banking and financial services. It operates in various markets worldwide, focusing on retail banking, wealth management, and commercial banking services.

YTD Price Performance: -0.38%

Average Trading Volume: 23,070,281

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £140.3B

Find detailed analytics on HSBA stock on TipRanks’ Stock Analysis page.

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