Can It Be True, that HSBC's Impairments Costs Are at a 26-Year Trough?

HSBC Reports Mixed Results; Continued Cost Reductions Remain Surest Near-Term Lever

Macro & Asian equity Technical Strategies, BBSP Asia

Federico D'Inca

Macro & Asian equity Technical Strategies

BBSP Asia

Technical Analysis

<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/026/608/original/BBSP%20HSBC%205HK%2024%2005%202017%20.JPG?1495590750" class="editor-image img-responsive" data-smartkarma-image-id="26608"></figure><h2>WEEKLY KEY ELEMENTS</h2><p>As long as 61.00 holds, indicators (34 week MA and 34Week RSI) favor a breakout of the long-term range through 71.00 towards 88.00 (Fibonacci projection target).</p><div class="content-remarks"><p>Access to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any unauthorised use, dissemination, distribution or copying of this document, in whole orin part, is strictly prohibited.This document is provided solely for information purposes. Under no…</p></div>

WEEKLY KEY ELEMENTSAs long as 61.00 holds, indicators (34 week MA and 34Week RSI) favor a breakout of the long-term range through 71.00 towards 88.00 (Fibonacci projection target).Access to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any unauthorised use, dissemination, distribution or copying of this document, in whole orin part, is strictly prohibited.This document is provided solely for information purposes. Under no…

HSBC Holdings

5 HK HSBC Long Term View