CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure. CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure.

HSBC share price: what to expect from its Q1 results

The lender recorded strong growth in 2018, but with a myriad of macroeconomic headwinds piling pressure on the UK banking sector the bank has a tough year ahead with investors eager to see how it has fared in its first quarter.

When is HSBC’s results date?

HSBC will release its Q1 results on May 3.

HSBC results preview: what does the City expect?

HSBC managed to record strong growth in 2018 despite the banking sector bogged down by a myriad of macroeconomic headwinds, with Brexit, trade disputes between the US and China and a slowing global economy.

In fact, the lender saw its revenue and pre-tax profit rise by 5% and 16% respectively last year. HSBC’s share price, however, has fluctuated significantly, with the bank’s stock losing more than 20% last year from a high of £7.91 back in January to £6.00 in late-October.

Since then, the lender’s share price has regained some of its losses, with the stock rallying more than 8% over the last month, sitting at £6.60 levels as of Thursday 2:15pm GMT, but there is still a lot of work to do in 2019 if the bank is to claw back the ground it has lost.

In a bid to recoup its losses HSBC continues to invest in high-growth markets like Asia, with the continent accounting for a significant portion of its revenue and profit growth last year. The lender is banking on the region to propel it forward this year, with China’s belt and road infrastructure plans key to offsetting sluggish growth in Europe.

However, cracks have begun to show in China’s economy, but a recent round of government stimulus has helped stabilise the situation.

In fact, the International Monetary Fund (IMF) downgraded its economic forecasts for every major economy this year except for China, with the organisation predicting a 6.3% rise in GDP, up from an earlier mark up of 6.2%.

Meanwhile, the ongoing trade dispute between the US and China that plagued markets in 2018 appears to be nearing its conclusion, with investors growing increasingly optimistic about a deal being struck in the near-term.

An end to the trade war would alleviate a substantial amount of pressure on the global economy and on the banking sector which has suffered at the hand of an economic outlook surrounded by uncertainty.

Overall, HSBC has managed to weather the myriad of economic headwinds relatively well, with the sheer size and scale of the business helping it to do so. Its size will no doubt help it perform well in the months ahead, especially compared to its smaller rivals like Lloyds and Barclays.

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Be ready to act on ECB opportunities

Learn how the ECB’s monetary policy announcements affect interest rates and price stability ahead of its next meeting in 22 April 2021.

  • How might the next meeting affect the markets?
  • What are the key rate decisions to watch?
  • Why is the Governing Council announcement important for traders?

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.