HSBC HOLDINGS (00005.HK) +2.200 (+1.553%) Short selling $225.55M; Ratio 8.458% announced that it plans to issue USD1.5 billion 6.75% perpetual subordinated contingent convertible securities next Monday (18th). The Securities are expected to be admitted to the Official List and to trading on the Global Exchange Market of The Irish Stock Exchange plc trading as Euronext Dublin within 30 days of the Issue Date. The denominations of the Securities will be USD200,000 and integral multiples of USD1,000 in excess thereof. Related NewsHSBC HOLDINGS (00005.HK) Gains Over 2% at Midday; G Sachs Reiterates BuyThe Conversion Price is fixed initially at USD3.6779 per Conversion Share. The maximum number of Ordinary Shares that may be issued is approximately 408 million, representing approximately 2.32% of the issued share capital of the Company as enlarged by the issue of such Conversion Shares. The Conversion Shares Offer Price is fixed initially at GBP2.7 per Conversion Share. The net proceeds from the issuance of the Securities are expected to be US$1.485 billion. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)
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