HSBC Holdings Plunges 3.01% Amid Tariff Concerns

On April 30, 2025, HSBC Holdings experienced a 3.01% drop in pre-market trading, reflecting investor concerns and market dynamics.

Analysts at Midland Securities have adjusted their forecasts for HSBC Holdings, citing macroeconomic uncertainties due to tariffs and other factors. The firm has lowered its earnings estimates for the current and next fiscal years by approximately 5% and 8%, respectively. Despite these adjustments, Midland Securities maintains a target price of HK$102.3 and a "market outperform" rating for the company. The firm expects HSBC to maintain its dividend payout ratio at 50% and aims for a low single-digit growth in loans.

HSBC Holdings has announced a new share repurchase program of up to $3 billion for the first half of 2025. This move comes as the bank faces declining profits and revenue, with economic uncertainties playing a significant role. The bank has stated that it will continue to focus on cost management and maintaining its dividend payout ratio at 50%.