HSBC Holdings loses 2.43% in early trading

HSBC Holdings in the morning of the 8th loss of the market, is now down 2.43%, reported 64.2 Hong Kong dollar, or the share of the index to 15%, and the market is worried that future profits will be huirong drag and other factors blow.　　The unit now drags the index 63 points. HSBC Holdings (00005) June 8 morning low drive low go, and ran out of the market, the unit is now down 2.43%, a report of HK $64.2, a maximum of 3% to 64 Hong Kong dollar, a provisional transaction of HK $700 million; At present, the decline of the exchange control is dragging down the Hang Seng index 63, and the HSI is now reporting 18,349.76 points,　　Down 329.77 points or 1.77%.　　Analysts believe that the decline of the unit is mainly due to the company's Huirong or need to do a large amount of impairment preparation, so that the market is worried about adverse control of future profits, while the exchange control immediately since the proportion of HSI to 15% and other factors, are not conducive to the share price, its short-term support position to see the 30th EMA　　Some media quoted the US Treasury bond and Securities Research Agency CreditSights Inc. earlier issued a report to clients that, under the control of HSBC finance, assuming half of the borrower defaults, Huirong may have to face the secondary combination, an additional 10 billion U.S. dollars (HK $78 billion) impairment risk. In addition, the overnight receipt of the Exchange control ADR also increased selling pressure. U.S. employment data are mixed, with the US stocks 5th (last Friday) individually developed. The shares of Hong Kong, which are listed in New York, have also been individually developed, with each ADR closing at $42.10, or HK $65.27 per share, down 0.81% from the close of Hong Kong.