The Zhitong Finance App learned that Goldman Sachs released a research report stating that after the performance of HSBC Holdings (00005), it maintained a “buy” rating, with a target price of HK$80. Overall, the bank raised the company's 2024 earnings per share forecast by 2%, and the 2024-2025 earnings per share by 5%, 5%, and 6%. At the same time, it introduced the 2028 earnings per share forecast, which is expected to earn 1.36 US dollars per share.

The bank predicts that the net interest income of FX Control in 2024 is US$42.7 billion, with a basic cost increase of about 5% in 24. The projected provision cost for 2024 is about 35 basis points, lower than the 40 basis points of management guidance (while the actual provision cost for 2023 is 36 basis points). Furthermore, the 2024-26 repurchase amount of HSBC Holdings is still expected to reach US$80/800/4 billion.