Changes in Hong Kong stocks | HSBC Holdings (00005) falls more than 2% and plans to issue US$1.5 billion in permanent post-payment or convertible securities Q3 adjusted net interest income falls short of expectations

The Zhitong Finance App learned that HSBC Holdings (00005) fell by more than 2%. As of press release, it fell 2.06% to HK$138.2, with a turnover of HK$1,015 billion.

According to the news, on November 6, HSBC Holdings announced that the company plans to issue 7.625% permanent post-payment or convertible securities (which can be redeemed during any optional redemption period) (ISIN US404280FV60) with a total value of US$1.5 billion on November 13, 2026. According to the announcement, it is expected that the relevant securities will be included in the official list and traded on the Irish Stock Exchange Global Exchange under the name Euronext Dublin within 30 days of the issuance date. The face value of the relevant securities is $200,000, and the excess is calculated as an integer multiple of $1,000.

Earlier, HSBC Holdings disclosed third-quarter results. CICC indicated that HSBC Holdings' 3Q26 adjusted net interest income was US$11.7 billion, +5.5% year-on-year, lower than market expectations. 3Q26 customer deposits increased 5.7% year over year, mainly due to retail and public deposit inflows from Hong Kong, China after the privatization of Hang Seng, and deposit growth brought about by India's FCNR program; net loan amounts were +4.8% year-on-year, mainly due to growth in Hong Kong, China, commercial loans in the UK, and loans under the FCNR program in India. Furthermore, the withdrawal of the Australian retail business led to the transfer of about 26 billion US dollars of loans to be sold and some deposit outflows, reducing the Group's book deposit and loan balance.