SG StockDetailed Quotes

Provided by Tiger Fintech (Singapore) Pte. Ltd.

HSBC HK SDR 5to1

3.060

+0.0100.33%

Volume:544.70K

Turnover:1.67M

Market Cap:53.48B

PE:2.20

High:3.080

Open:3.080

Low:3.060

Close:3.050

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Overview Company News Filings

Asia's New Exports Plunge in April Amid Tariff Hikes; India Bucks Trend, HSBC Says

MT Newswires Live

BRIEF-HSBC Maintains Its Best Lending Rate At 5.25% In Hong Kong

BRIEF-HSBC Bought Back 1.5 Mln Shares For HK$133.4 Mln On May 7 - HKEX Filing

Corrected-HSBC Bought Back 1.5 Mln Shares for HK$133.4 Mln on May 7 - HKEX Filing (Adds Dropped Word 'Shares')

THOMSON REUTERS

Malaysia's Central Bank Appears to Have Shifted to Dovish Language -- Market Talk

Philippine GDP Growth Could Weaken in 2H Amid Trade Uncertainties -- Market Talk

NetEase Could Unveil Details About Its Next Big Game Soon -- Market Talk

HSBC - Maintains Its Best Lending Rate at 5.25% in Hong Kong

THOMSON REUTERS

Cathay Pacific's Profitability Set to Gain From Falling Fuel Costs -- Market Talk

Market Chatter: HSBC May Face 7,700-Desk Shortfall at New HQ

MT Newswires Live

HSBC Launches Tool to Simplify Tariff Payments for US Clients

MT Newswires Live

BRIEF-HSBC Holdings Launches Tradepay For Import Duties For US Clients

HSBC Holdings Plc - Launches Tradepay for Import Duties for US Clients

THOMSON REUTERS

HSBC Holdings Plc - Tradepay Enables Direct Settlement of Import Duties

THOMSON REUTERS

Malaysia's Growth Outlook Clouded by Tariff Uncertainty, HSBC Says -- Market Talk

HSBC Launches $3 Billion Share Buyback Program

MT Newswires Live

Trump's Tariffs Have Turned Global Trade Upside Down, HSBC Says -- Market Talk

India's Services Sector Growth Accelerates in April

MT Newswires Live

Weak April Inflation Print Bodes Well for Philippine Economy -- Market Talk

Stocks Trim Drop as Solid Data Spur Bond Losses: Markets Wrap

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0005.HK 0005.HK:MAINTAINS ITS BEST LENDING RATE AT 5.25% IN HONG KONGFurther company coverage: 0005.HK ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250508:nFWN3RF3AE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0307460666.USD","LU0572939691.SGD","LU0164880469.USD","LU0171281750.USD","LU0348735423.USD","LU1668664300.SGD","HSBC","LU0264606111.USD","LU1051770623.HKD","HSHD.SI","LU0106831901.USD","LU1023061473.USD","LU0516423091.SGD","LU0171293334.USD","LU1003076772.USD","LU0149721374.USD","LU0516422440.USD","03143","HSBA.UK","BK1231","LU0516422952.EUR","LU1019634622.SGD","LU0516422366.SGD","BK1572","LU1023061713.HKD","LU2091194634.USD","LU1019632923.USD","BK1601","LU1153584641.USD","IE0034235071.USD","LU0516423174.USD","LU0417516738.SGD","BK1610","LU0964806797.USD","00005","BK5152","LU1481107354.HKD","LU0634319403.HKD","LU0898667661.SGD","LU0572940350.SGD","LU0588546209.SGD","LU0831103253.SGD","LU2114397693.USD","LU0540923850.HKD"],"gpt_icon":0},{"id":"2533772589","title":"BRIEF-HSBC Bought Back 1.5 Mln Shares For HK$133.4 Mln On May 7 - 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HKEX Filing (Adds Dropped Word 'Shares')","url":"https://stock-news.laohu8.com/highlight/detail?id=2533297442","media":"THOMSON REUTERS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533297442?lang=en_us&edition=fundamental","pubTime":"2025-05-08 17:22","pubTimestamp":1746696134,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250508:nL8N3RG0YL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0164880469.USD","LU2091194634.USD","LU0171293334.USD","LU0171281750.USD","BK5152","LU0348735423.USD","BK1610","LU0964806797.USD","LU1023061473.USD","LU0572940350.SGD","LU1023061713.HKD","LU0572939691.SGD","LU1481107354.HKD","LU1668664300.SGD","IE0034235071.USD","LU0516423174.USD","LU0588546209.SGD","LU0516422952.EUR","LU0149721374.USD","LU1019632923.USD","LU1019634622.SGD","LU0516422366.SGD","LU0307460666.USD","HSHD.SI","LU0516422440.USD","LU0264606111.USD","BK1601","LU0634319403.HKD","LU0106831901.USD","HSBC","LU1051770623.HKD","HSBA.UK","LU0831103253.SGD","00005","BK1572","LU1153584641.USD","LU0516423091.SGD","BK1231","LU2114397693.USD","LU0898667661.SGD","LU0540923850.HKD","LU0417516738.SGD","03143","LU1003076772.USD"],"gpt_icon":0},{"id":"2533712059","title":"Malaysia's Central Bank Appears to Have Shifted to Dovish Language -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2533712059","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533712059?lang=en_us&edition=fundamental","pubTime":"2025-05-08 17:15","pubTimestamp":1746695700,"startTime":"0","endTime":"0","summary":"0915 GMT - Bank Negara Malaysia appears to have shifted to a more dovish tone, suggesting room for easing, says HSBC Asean economist Yun Liu in a note. \"As a central bank that is cautious about changing its qualitative language, BNM has made multiple adjustments to its growth stance, flagging mounting headwinds,\" she notes. While inflation concerns have eased, the central bank now seems more focused on the downside risks to growth, she adds. HSBC expects a 25bp rate cut in July, while noting the outlook remains fluid and dependent on incoming data to gauge the impact of U.S. tariffs on the Malaysian economy. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4521","LU0540923850.HKD","LU2236285917.USD","LU0052756011.USD","BK1610","HSBA.UK","LU0310800965.SGD","BK1601","HSHD.SI","LU0634319403.HKD","LU0128525689.USD","BK4588","LU0516423091.SGD","LU1481107354.HKD","BK4585","LU0348735423.USD","BK1572","03143","LU0417516738.SGD","BK4207","LU0164880469.USD","HSBC","LU0516422366.SGD","BK1231","LU0516422952.EUR","LU1267930227.SGD","LU0149721374.USD","00005","LU0516423174.USD","LU0516422440.USD"],"gpt_icon":0},{"id":"2533521971","title":"Philippine GDP Growth Could Weaken in 2H Amid Trade Uncertainties -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2533521971","media":"Dow Jones","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533521971?lang=en_us&edition=fundamental","pubTime":"2025-05-08 17:10","pubTimestamp":1746695400,"startTime":"0","endTime":"0","summary":"0910 GMT - The Philippines's GDP growth could weaken in 2H as trade uncertainties and challenges drag the global economy, HSBC Global Research's Aris Dacanay says. \"We think the upcoming headwinds will be tough,\" the economist for Asean writes in a report. Exports of goods are expected to slow as tariffs cascade across the globe, he says. But compared with other Asean economies, the Philippines will be relatively better off, given its robust domestic levers, he says. The Philippines could easily support its domestic economy to make up for the slack in trade, and it is geared to do so through monetary policy, he adds. HSBC forecasts the economy to grow 5.6% this year. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"economic","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1267930227.SGD","LU0310800965.SGD","00005","LU0516422366.SGD","03143","BK4585","LU0540923850.HKD","BK4207","LU2236285917.USD","LU0348735423.USD","BK1572","LU0516423091.SGD","LU0634319403.HKD","BK1231","HSHD.SI","LU0149721374.USD","BK1610","BK1601","BK4521","BK4588","HSBA.UK","LU0417516738.SGD","LU0516422952.EUR","LU0164880469.USD","LU1481107354.HKD","HSBC","LU0052756011.USD","LU0128525689.USD","LU0516423174.USD","LU0516422440.USD"],"gpt_icon":0},{"id":"2533200922","title":"NetEase Could Unveil Details About Its Next Big Game Soon -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2533200922","media":"Dow Jones","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533200922?lang=en_us&edition=fundamental","pubTime":"2025-05-08 15:37","pubTimestamp":1746689820,"startTime":"0","endTime":"0","summary":"0737 GMT - NetEase could unveil details about its next big game title at its coming annual product event, HSBC analysts say in a research note. \"Ananta\" is a cross-platform self-developed title that could have a high profit margin, the analysts say, adding that it could be released in early 2026 to capture users ahead of competitors. HSBC expects NetEase's 1Q revenue to grow 6% on year, with game revenue up 10%. While PC game revenue likely jumped 78% in 1Q on year, NetEase's mobile-game revenue likely dropped 9%, the analysts say. Yet, they think NetEase's momentum in the sector is improving as the company is tweaking its strategies for \"Marvel Rivals\" and \"Naraka: Bladepoint\" to improve performance. HSBC maintains a buy call on NetEase with its target price at HK$120.00. Shares are last at HK$165.40. 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Singapore jet fuel price has fallen 19% on year so far in 2Q, the members note. The HSBC oil and gas team forecasts Brent crude oil to average $68.50/bbl in 2025, down 14% from 2024, and projects a further drop to $65/bbl in 2026. Going forward, structural oversupply in the global oil market, exacerbated by OPEC+ production increase, positions airlines to benefit from prolonged fuel price stability. HSBC lifts its 2025-2027 recurring profit estimates for Cathay Pacific by 7%. It raises the stock's rating to hold from reduce and the target price to HK$9.40 from HK$9.20. Shares are 0.1% higher at HK$9.31. 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HSBC Holdings Plc 0005.HK:LAUNCHES TRADEPAY FOR IMPORT DUTIES FOR US CLIENTSTRADEPAY ENABLES DIRECT SETTLEMENT O","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250507:nFWN3RF1AL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0831103253.SGD","LU0540923850.HKD","LU0634319403.HKD","LU2114397693.USD","LU1023061713.HKD","LU0171293334.USD","03143","LU0516422366.SGD","LU0516423174.USD","LU1003076772.USD","LU1481107354.HKD","HSBC","BK1610","BK1231","LU0964806797.USD","LU0307460666.USD","LU0164880469.USD","LU1668664300.SGD","LU1153584641.USD","LU0898667661.SGD","00005","LU0516422440.USD","LU0264606111.USD","HSHD.SI","BK1601","LU0417516738.SGD","LU0516422952.EUR","LU1051770623.HKD","IE0034235071.USD","LU1023061473.USD","LU0149721374.USD","LU1019634622.SGD","LU0171281750.USD","BK5152","HSBA.UK","LU2091194634.USD","LU1019632923.USD","LU0572940350.SGD","BK1572","LU0588546209.SGD","LU0348735423.USD","LU0572939691.SGD","LU0106831901.USD","LU0516423091.SGD"],"gpt_icon":0},{"id":"2533984371","title":"HSBC Holdings Plc - Launches Tradepay for Import Duties for US Clients","url":"https://stock-news.laohu8.com/highlight/detail?id=2533984371","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533984371?lang=en_us&edition=fundamental","pubTime":"2025-05-07 20:00","pubTimestamp":1746619220,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250507:nFWN3RF1AL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU2114397693.USD","LU1003076772.USD","LU0516422952.EUR","BK5152","LU0572939691.SGD","LU0106831901.USD","HSHD.SI","LU0572940350.SGD","LU1153584641.USD","LU0171293334.USD","LU0964806797.USD","LU1051770623.HKD","LU0171281750.USD","BK1601","LU0831103253.SGD","00005","LU0307460666.USD","03143","LU0540923850.HKD","LU0264606111.USD","LU0516423091.SGD","LU0348735423.USD","LU1023061713.HKD","HSBA.UK","LU1668664300.SGD","LU0164880469.USD","LU2091194634.USD","LU1481107354.HKD","BK1610","LU0516422366.SGD","BK1572","LU0516423174.USD","LU1023061473.USD","LU0417516738.SGD","LU0588546209.SGD","BK1231","LU0516422440.USD","LU0898667661.SGD","LU1019634622.SGD","LU0149721374.USD","HSBC","IE0034235071.USD","LU0634319403.HKD","LU1019632923.USD"],"gpt_icon":0},{"id":"2533310984","title":"HSBC Holdings Plc - Tradepay Enables Direct Settlement of Import Duties","url":"https://stock-news.laohu8.com/highlight/detail?id=2533310984","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533310984?lang=en_us&edition=fundamental","pubTime":"2025-05-07 20:00","pubTimestamp":1746619220,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250507:nFWN3RF1AL:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE0034235071.USD","LU1023061473.USD","LU0540923850.HKD","03143","LU0171293334.USD","LU2091194634.USD","LU0898667661.SGD","BK5152","LU1023061713.HKD","LU1051770623.HKD","BK1610","BK1231","LU0572940350.SGD","LU0964806797.USD","LU1153584641.USD","LU1481107354.HKD","LU0307460666.USD","LU0264606111.USD","BK1601","BK1572","LU0417516738.SGD","LU1003076772.USD","LU1019634622.SGD","HSHD.SI","LU2114397693.USD","LU0171281750.USD","LU0516422440.USD","LU0106831901.USD","LU0572939691.SGD","LU0149721374.USD","00005","LU0164880469.USD","LU0588546209.SGD","LU0831103253.SGD","LU0516422952.EUR","LU1019632923.USD","HSBC","LU0516423091.SGD","LU0516423174.USD","LU0516422366.SGD","LU0348735423.USD","LU0634319403.HKD","HSBA.UK","LU1668664300.SGD"],"gpt_icon":0},{"id":"2533745206","title":"Malaysia's Growth Outlook Clouded by Tariff Uncertainty, HSBC Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2533745206","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533745206?lang=en_us&edition=fundamental","pubTime":"2025-05-07 16:59","pubTimestamp":1746608340,"startTime":"0","endTime":"0","summary":"0859 GMT - Malaysia's economic outlook may face rising risks from U.S. tariff pressures, prompting HSBC to cut its 2025 GDP forecast for the country to 4.2% from 4.7%, and to 3.9% from 4.5% for 2026. A temporary reprieve for electronics exports offers some relief, but uncertainty may keep investors cautious in near term, HSBC economists Yun Liu and Madhurima Nag say in a note. Trade talks may aim to boost imports of U.S. goods to narrow a $25 billion trade surplus, though it's unclear how quickly purchases of planes, LNG and farm goods can close the gap, they note. Still, Malaysia's fundamentals remain solid, and foreign investment is driven by long-term factors beyond tariffs, they say. Domestic demand, especially household spending and public investment, may cushion some external shocks in 2025, they add. ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0348735423.USD","HSBA.UK","LU0310800965.SGD","LU0516422366.SGD","LU0516422952.EUR","03143","LU0540923850.HKD","LU0164880469.USD","LU0516423174.USD","LU0128525689.USD","HSBC","BK4521","LU0052756011.USD","BK1231","LU1267930227.SGD","BK4585","BK1572","LU2236285917.USD","BK4588","LU0417516738.SGD","LU0149721374.USD","BK1601","BK1610","00005","LU0516423091.SGD","LU0634319403.HKD","LU1481107354.HKD","LU0516422440.USD","BK4207","HSHD.SI"],"gpt_icon":0},{"id":"2533050183","title":"HSBC Launches $3 Billion Share Buyback Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2533050183","media":"MT Newswires Live","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533050183?lang=en_us&edition=fundamental","pubTime":"2025-05-06 17:55","pubTimestamp":1746525355,"startTime":"0","endTime":"0","summary":"HSBC (HKG:0005) plans to buy back up to $3 billion of shares of $0.50 apiece, a Tuesday Hong Kong bourse filing said.The repurchase program will be effective between May 7 and July 25.Shares bought back under the program will be canceled.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4521","LU0540923850.HKD","LU2236285917.USD","LU0052756011.USD","BK1610","HSBA.UK","LU0310800965.SGD","BK1601","HSHD.SI","LU0634319403.HKD","LU0128525689.USD","BK4588","LU0516423091.SGD","LU1481107354.HKD","BK4585","LU0348735423.USD","BK1572","03143","LU0417516738.SGD","BK4207","LU0164880469.USD","HSBC","LU0516422366.SGD","BK1231","LU0516422952.EUR","LU1267930227.SGD","LU0149721374.USD","00005","LU0516423174.USD","LU0516422440.USD"],"gpt_icon":0},{"id":"2533798570","title":"Trump's Tariffs Have Turned Global Trade Upside Down, HSBC Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2533798570","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533798570?lang=en_us&edition=fundamental","pubTime":"2025-05-06 17:21","pubTimestamp":1746523260,"startTime":"0","endTime":"0","summary":"0921 GMT - Trump's tariffs have turned global trade upside down, HSBC Research economists say in a note. Asia PMI data for production and employment in April have slowed, in early signs of the tariffs' impact on regional economies, they write. New export orders plunged in Asia with the exception of India and Singapore, but orders that have been brought forward to take advantage of the 90-day pause in reciprocal tariffs would have to be fulfilled soon, which could mean that the data may hold up over the next month or two, HSBC says. India may gain further price competitiveness against China if it negotiates tariffs down, and may benefit from changing supply chains, HSBC says. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00005","BK1601","LU0516422366.SGD","LU0634319403.HKD","LU0540923850.HKD","BK1231","HSBA.UK","HSHD.SI","BK4207","LU0164880469.USD","BK4588","LU0310800965.SGD","LU0516422440.USD","HSBC","BK4521","LU0516423091.SGD","BK4585","BK1572","LU0149721374.USD","LU0516422952.EUR","LU0128525689.USD","LU0417516738.SGD","BK1610","03143","LU0348735423.USD","LU0052756011.USD","LU1267930227.SGD","LU1481107354.HKD","LU0516423174.USD","LU2236285917.USD"],"gpt_icon":0},{"id":"2533056573","title":"India's Services Sector Growth Accelerates in April","url":"https://stock-news.laohu8.com/highlight/detail?id=2533056573","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533056573?lang=en_us&edition=fundamental","pubTime":"2025-05-06 16:23","pubTimestamp":1746519829,"startTime":"0","endTime":"0","summary":"The growth of India's services sector quickened in April, with the seasonally adjusted HSBC India Services PMI Business Activity Index rising to 58.7 from 58.5 in March, according to data from S&P Global released Tuesday.\"This regained momentum was largely driven by a quicker increase in new order inflows, which also underpinned a faster expansion in employment,\" the report said.The overall increase in output was driven by new business intakes, as companies took advantage of improving demand conditions.The finance and insurance sectors had the strongest performance for both output and new orders.\"Margins improved as cost pressures eased and prices charged rose at a faster pace. Though firms remained optimistic about future growth, their confidence waned slightly,\" said Pranjul Bhandari, Chief India Economist at HSBC.Due to the strong growth in the manufacturing and services sector, the HSBC India Composite PMI Output Index increased to 59.7 in April from 59.5 in March.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0540923850.HKD","LU0634319403.HKD","LU1267930227.SGD","03143","LU0516422366.SGD","LU0516423174.USD","LU2236285917.USD","LU1481107354.HKD","HSBC","BK1610","BK1231","LU0164880469.USD","BK4521","BK4585","BK4207","LU0310800965.SGD","00005","LU0516422440.USD","BK4588","HSHD.SI","BK1601","LU0417516738.SGD","LU0516422952.EUR","LU0149721374.USD","HSBA.UK","LU0128525689.USD","BK1572","LU0348735423.USD","LU0052756011.USD","LU0516423091.SGD"],"gpt_icon":0},{"id":"2533547942","title":"Weak April Inflation Print Bodes Well for Philippine Economy -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2533547942","media":"Dow Jones","labels":["economic"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533547942?lang=en_us&edition=fundamental","pubTime":"2025-05-06 14:03","pubTimestamp":1746511380,"startTime":"0","endTime":"0","summary":"0603 GMT - The weak April inflation print bodes well for the Philippine economy, given an uncertain trade and global economic outlook, HSBC Global Research's Aris Dacanay writes in a note. Headline inflation was at 1.4% on year in April, marking the second straight month that it fell below the Philippine central bank's target band of 2%-4%, the Asean economist says. Low inflation will give the BSP room to ease even further to help crank the domestic economy through credit, he adds. HSBC's baseline scenario is for the BSP to cut its policy rate to 5.00% by 4Q, with the next rate cut expected in August. However, there's a risk that the BSP could cut earlier and to possibly to as low as 4.75% by year-end, given how much inflation has been surprising to the downside, Dacanay says. 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