[ET Net News Agency, 23 November 2023] Morgan Stanley said it believes the share price
of HSBC (00005) will rise relative to the industry over the next 30 days.
It feels more confident about sustainability of returns given offsets to any NIM
pressure from falling rates. 1H24 should see continued distributions via share buy backs
and dividends.
It estimates that there is about a 60% to 70% (or "likely") probability for the
scenario. (RC)