Company: HBCYF
Filing Date: 2025-10-09
Form Type: 6-K
Source: 0001654954-25-011593
Chunk: 27

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-09
Form: 6-K
Chunk 27
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 Kong with limited liability                              |                                                       |

1 Research analyst target prices from Bloomberg as of 8 October 2025 and based on DBS Bank (24 September 2025), Citi (31 July 2025), China International Capital Corporation (31 July 2025), J.P. Morgan (30 July 2025) and Morningstar (30 July 2025). The research analyst target prices based on BofA Securities (12 September 2025), Goldman Sachs (30 July 2025) (each being a joint financial adviser to HSBC Holdings and HSBC Asia Pacific) and Morgan Stanley (13 August 2025) (being the financial adviser to Hang Seng Bank) were excluded.

2The Hongkong and Shanghai Banking Corporation Limited is a registered institution under the SFO, registered to carry on type 1 (dealing in securities), type 2 (dealing in futures contracts), type 4 (advising on securities), type 5 (advising on futures contracts), type 6 (advising on corporate finance) and type 9 (asset management) regulated activities under the SFO and a licensed bank under the Banking Ordinance.

3On the basis that the 2,800,000 Hang Seng Bank Shares which have been repurchased as at the date of this announcement and are pending cancellation have been cancelled.

### SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

| HSBC         
 Holdings plc |                                                      |
|              | By:                                                  |
|              | Name:                                                
 Aileen Taylor                                        |
|              | Title:                                               
 Group Company Secretary and Chief Governance Officer |
|              | Date:                                                
 09 October 2025                                      |