Philenews

HSBC Breaks $300 Billion Market Cap Barrier

Published January 27, 2026, 14:13
HSBC Breaks $300 Billion Market Cap Barrier

HSBC Holdings has surpassed a market capitalization of $300 billion, a first for European listed banks. The British bank's stock jumped 3%, reaching a historic high, following a price target increase from Citigroup. Citi analysts maintained a 'buy' rating for the stock and placed it on a 'Positive Catalyst Watch' ahead of the annual results announcement on February 25th. The new target price of 1,370p represents an approximately 10% increase from Monday's closing price. Tuesday's rally extended the stock's year-to-date gain to +9%, with HSBC's market value reaching £219.2 billion ($300.6 billion) at midday in London. The stock recorded its largest annual increase since 1999 last year, gaining over 50%.