HSBC Holdings Plc said customer-facing staff in Hong Kong, including traders and salespeople, must either be with clients or in the office five days a week, ending the pandemic era of work from home for frontline personnel in the city. The new demands, outlined in an internal memo that detailed the updated hybrid working approach, come into effect on April 1. In addition, managing directors and se...
HSBC Holdings Plc said customer-facing staff in Hong Kong, including traders and salespeople, must either be with clients or in the office five days a week, ending the pandemic era of work from home for frontline personnel in the city. The new demands, outlined in an internal memo that detailed the updated hybrid working approach, come into effect on April 1. In addition, managing directors and senior staff who have direct reports are expected to come to the office at least four days a week, while attendance for all other staff in Hong Kong will be at least three days a week, of which one day must be either a Monday or a Friday subject to office space availability, the memo said. “To our people managers, you are instrumental in driving good practice and experience,” the memo said. “We ask you to role model the change with clear guidance.” A spokesperson for HSBC confirmed the contents of the memo and said these practices are already embraced by many staff. HSBC is the biggest bank in Hong Kong and employs more than 20,000 staff in the Asian financial hub. The lender last year asked all managing directors to work in the office for at least four days a week to “set the tone from the top.” Six years after the pandemic fueled an unprecedented boom in remote work, bank executives have become more vocal in their insistence that workers should return to the office. US banks have summoned staffers back to the office at a faster rate than their European rivals, with JPMorgan Chase & Co. last year telling all its employees to be in five days a week. London-based peer Standard Chartered Plc has maintained a high degree of flexibility, with Chief Executive Officer Bill Winters last year saying he didn’t see a need to force senior bankers to be in the office more.
Comparing Walmart (WMT +0.44%) and Costco Wholesale (COST +0.80%) is a good exercise for investors seeking a durable business, as both companies are arguably exceptionally durable. Both have proven their ability to attract shoppers and grow sales across different economic environments. But Wall Street has already recognized this durability, giving both stocks very high valuations. This means inves...
Comparing Walmart (WMT +0.44%) and Costco Wholesale (COST +0.80%) is a good exercise for investors seeking a durable business, as both companies are arguably exceptionally durable. Both have proven their ability to attract shoppers and grow sales across different economic environments. But Wall Street has already recognized this durability, giving both stocks very high valuations. This means investors have to carefully weigh the two companies' growth trajectories against the expectations baked into their share prices before investing. A good way to take a close look at the stocks of these two high-quality companies is to compare them. Which of these two market leaders is the better buy? Walmart's high-margin momentum Walmart's latest results do a good job of capturing the company's current state. The results highlight a business that is steadily becoming more digital and more profitable. In its fiscal fourth quarter (ended Jan. 31, 2026), Walmart's revenue rose 5.6% year over year. And adjusted earnings per share in the period came in at $0.74 -- up more than 12% year over year. And Walmart U.S. comparable store sales increased 4.6%, driven by a healthy 2.6% increase in customer transactions. Sam's Club -- a membership-based wholesale retailer that is a Walmart subsidiary -- also saw comparable sales growth in the U.S., rising 2.8%. Expand NASDAQ : WMT Walmart Today's Change ( 0.44 %) $ 0.54 Current Price $ 124.34 Key Data Points Market Cap $987B Day's Range $ 122.50 - $ 124.50 52wk Range $ 79.81 - $ 134.69 Volume 19M Avg Vol 31M Gross Margin 25.40 % Dividend Yield 0.76 % Further, Walmart's global e-commerce sales surged 24% in the quarter, now representing a meaningful 23% of total net sales. And Walmart's global advertising business jumped 37%. This shift toward higher-margin revenue streams is already impacting the bottom line. Operating income rose 10.8% in the quarter, outpacing top-line growth, with management explicitly calling out improved economics in e-com...
Key Points Walmart's e-commerce and high-margin advertising businesses are growing rapidly. Costco continues to deliver exceptional comparable sales and membership metrics, demanding a premium valuation. While both businesses are executing at a high level, one stock's valuation and diversified revenue streams make it the better buy. 10 stocks we like better than Walmart › Comparing Walmart (NASDAQ...
Key Points Walmart's e-commerce and high-margin advertising businesses are growing rapidly. Costco continues to deliver exceptional comparable sales and membership metrics, demanding a premium valuation. While both businesses are executing at a high level, one stock's valuation and diversified revenue streams make it the better buy. 10 stocks we like better than Walmart › Comparing Walmart (NASDAQ: WMT) and Costco Wholesale (NASDAQ: COST) is a good exercise for investors seeking a durable business, as both companies are arguably exceptionally durable. Both have proven their ability to attract shoppers and grow sales across different economic environments. But Wall Street has already recognized this durability, giving both stocks very high valuations. This means investors have to carefully weigh the two companies' growth trajectories against the expectations baked into their share prices before investing. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A good way to take a close look at the stocks of these two high-quality companies is to compare them. Which of these two market leaders is the better buy? Walmart's high-margin momentum Walmart's latest results do a good job of capturing the company's current state. The results highlight a business that is steadily becoming more digital and more profitable. In its fiscal fourth quarter (ended Jan. 31, 2026), Walmart's revenue rose 5.6% year over year. And adjusted earnings per share in the period came in at $0.74 -- up more than 12% year over year. And Walmart U.S. comparable store sales increased 4.6%, driven by a healthy 2.6% increase in customer transactions. Sam's Club -- a membership-based wholesale retailer that is a Walmart subsidiary -- also saw comparable sales growth in the U.S., rising 2.8%. Further, Walmart's global e-commerce sales surge...
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油價急升｜料航空公司陸續上調附加費 旅遊業界：客人肯定會不開心 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國際油價上漲，有旅遊業界預計多間航空公司會陸續上調燃油附加費，已報旅行團的旅客亦可能會受影響。 國際油...
油價急升｜料航空公司陸續上調附加費 旅遊業界：客人肯定會不開心 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國際油價上漲，有旅遊業界預計多間航空公司會陸續上調燃油附加費，已報旅行團的旅客亦可能會受影響。 國際油價上漲，市民外遊的預算可能也要預多一點。香港航空公布星期四起上調燃油附加費，往日本、泰國等短途機每程加至212元，上升了三成；往歐美等長途機每程加至739元，上升兩成半。香港快運和國泰未宣布加價，國泰稱會參考航空燃油市場價格走勢，並綜合其他營運因素按需要調整。 有旅行社負責人相信多間航空公司會陸續調整燃加附加費。東瀛遊董事會主席禤國全：「相信短線的燃油附加費，每程由原本的增加50至60元，來回約160元左右。每間公司不一樣，長線的話由現在的每程500至800，再加200至400元，即是兩程來回貴400或500元。我們只是代收而已，當然多花了錢，客人肯定會不開心。」他又說旅行團一般出發前8至10天出機票，即使一早報了團，也不能提早領取機票，避開額外附加費。