AIA Group – It’s About Balance Sheet, Not Growth
* Weak Operational Results: AIA (1299.HK) released an its very abbreviated 1Q20 operating results. Unsurprising, the regional COVID-19 restrictions...
149 Views
HSBC Holdings – Likely Insolvent Under Revised US Stress Test
*More Stringent US Stress Test Coming: While the largest US banks have already agreed to suspend share buybacks, Democrat lawmakers and consumer...
174 Views
HSBC Holdings - Fire Sale Time
*Gross Operating Revenues Do NOT Cover Recurring Costs At HSBCNA: HSBC Holdings plc (HSBC) [5.HK/HSBA.LN] is a complete and utter mess. Nowhere is...
247 Views
HKEx – He’s Li-Eaving!!
* Swing and A Miss:Hong Kong Exchanges & Clearing (388.HK)[HKEx] reported 1Q20 results of HKD 2.26 mn. Although 13.9% below consensus, linked...
365 Views
Standard Chartered – Going Backward Again
* Solid 1Q20 Result: Standard Chartered plc (2888.HK/STAN.LN) [STAN] reported a fairly robust set of 1Q20 results – coming in at USD 517 mn,...
325 Views