Slogan of bank innovation and suspension of business

It is reported that due to the influence of the No.8 storm signal, banks temporarily stopped operating for security reasons, and the time for banks to resume business depends on when the storm signal is cancelled. If the signal is cancelled at or before noon 12, the bank will resume business within two hours if circumstances permit; If the signal is cancelled after noon on 12, the bank will be closed all day.

All banks in Hong Kong are closed. The Hong Kong Association of Banks announces that all banks are closed due to the No.8 gale or storm signal. If the signal is cancelled at or before noon 12, the bank will resume business within two hours if circumstances permit; If the signal is cancelled at noon 12, the bank will be closed all day. Banking stocks of Hong Kong stocks rose against the trend, with HSBC Holdings once rising by over 3%, BOC Hong Kong rising by over 1%, and Hang Seng Bank, Standard Chartered Group and Bank of East Asia following suit. Citigroup previously predicted that the US Federal Reserve may announce a reduction in the size of its bond purchases in June 5438+065438+ 10, and raise interest rates three to four times a year from June 5438+February 2022, so local banks in Hong Kong will benefit from the increase in the yield of US bonds. HSBC Holdings is preferred, which means attractive valuation, because it is expected that there will be room for further write-back provision by the first half of 2022, which can support profit growth. It is estimated that there will be a capital surplus of about $3 billion, and it is expected that there will be opportunities to buy back shares in the third quarter of 2002/KLOC-0.

In addition, UBS recently upgraded HSBC Holdings' US stock rating to Buy. Affected by the severe tropical storm Compass, Hong Kong not only closed its banks, but also suspended many public services and activities. On that day, all schools in Hong Kong were closed. The Social Welfare Department announced that all welfare service agencies, child care centers, after-school care service centers and elderly service centers will be closed. The Hospital Authority announced that all its ordinary evening clinics would be closed, while the accident and emergency departments of public hospitals would be open as usual. The Home Affairs Department will open temporary shelters for people in need. The Hong Kong Association of Banks announced that all banks would be closed due to gale or storm signal No.8. If the signal is cancelled at or before noon 12, the bank will resume business within two hours if circumstances permit; If the signal is cancelled after noon on 12, the bank will be closed all day.