🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Morgan Stanley: Maintains 'overweight' rating on HSBC Holdings, target price of 92.3 Hong Kong dollars
Jinshi Data News on February 20th, Morgan Stanley released a research report stating that it maintains an 'overweight' rating on HSBC Holdings (00005.HK) with a target price raised from 84.6 Hong Kong dollars to 92.3 Hong Kong dollars. The company announced its fourth-quarter performance yesterday noon, with adjusted pre-tax profits exceeding the bank and market expectations by 9 to 10%, as net Interest income offset the impact of higher provisions, and costs were under control. Morgan Stanley stated that HSBC Holdings has set a guidance for 2025 and a tangible equity return guidance for 2025 to 2027 of 14% to 16%, implying that the market will raise its forecast from 8 to 10%. The bank expects a positive response to the impact on HSBC Holdings' share price, stating that after HSBC Holdings announced its performance, based on this year's net Interest income and the mid-term tangible equity return guidance for 2027, the bank will raise its forecast by 8 to 10%.