HSBC (HKG:0005) expects to incur a pre-tax loss of between $1.2 billion and $1.6 billion from the Bank of Communications' (HKG:3328, SHA:601328) issuance of up to 120 billion yuan in shares.
The loss will not have any material impact on HSBC's capital ratios, the British lender said in its first-quarter earnings release Tuesday.
Upon completion of BoCom's share issuance launched March 30, the British lender's stake in BoCom will decrease to 16% from 19.03%, HSBC said.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。