Finance
HSBC tops $300 billion market value for first time
Published by Global Banking and Finance Review
Posted on January 27, 2026
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 27, 2026
1 min readLast updated: January 27, 2026
HSBC's market value surpassed $300 billion, reaching a record high as shares rose 2.8%. The bank is now a top contender in the FTSE 100 index.
Jan 27 (Reuters) - Shares in HSBC rose as much as 3% to a new record high on Tuesday, briefly lifting the bank's market value above $300 billion and putting it neck-and-neck with AstraZeneca for the top spot in London's FTSE 100 index.
By 1050 GMT, HSBC shares rose 2.8% to 12.77 pounds, bringing gains so far this year to almost 9% and making it Tuesday's top gainer on the FTSE, which was up around 0.6%.
HSBC, NatWest and other major British banks are set to follow their European counterparts in raising profit targets when they report earnings in the coming weeks, people close to the matter told Reuters.
The FTSE 350 banking index has risen 6% this year, outpacing euro zone peers, which are up 4.2%.
(Reporting by Danilo Masoni, editing by Alun John)
Market capitalisation refers to the total market value of a company's outstanding shares of stock. It is calculated by multiplying the current share price by the total number of outstanding shares.
The London Stock Exchange is one of the largest stock exchanges in the world, where shares of publicly traded companies are bought and sold. It plays a key role in the global financial market.
Financial markets are platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives. They facilitate the raising of capital and the transfer of risk.
The banking sector comprises financial institutions that accept deposits, offer loans, and provide other financial services. It plays a crucial role in the economy by facilitating transactions and providing credit.
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