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The Companies and Markets Show: HSBC, Asos and the problem with megaprojects

The Companies and Markets Show: HSBC, Asos and the problem with megaprojects

FromInvestors' Chronicle


The Companies and Markets Show: HSBC, Asos and the problem with megaprojects

FromInvestors' Chronicle

ratings:
Length:
27 minutes
Released:
Nov 3, 2023
Format:
Podcast episode

Description

Alex Newman hosts this week's episode which begins with a discussion about HSBC’s recently published trading update. From that huge share buyback to what we can understand about China’s economy and real estate market, Julian Hofmann takes listeners through all they need to know about the bank’s update.Next up is this week’s cover feature on megaprojects by deputy news editor Mike Fahy. Mike and Alex discuss the background of the article, which focuses on the reasons for the many setbacks the industry has faced in recent years. In this episode, Mike sheds light on what investors should consider when debating whether to invest in project work, including naming some core infrastructure trusts that could be of interest.Last but not least, Jemma Slingo joins to discuss tumultuous fast fashion seller Asos. In 2021 the company was valued at £5bn but today it’s worth just a tenth of that. Jemma and Alex discuss not just the larger forces at play that have contributed to this fall in value, but also the debt the business is finding itself in as well as the apparent lack of sustainable operating infrastructure.Listen to the stories mentioned in the showHSBC announces huge share buybackHow to run megaprojects so they deliver for everyoneLosses deepen at Asos Hosted on Acast. See acast.com/privacy for more information.
Released:
Nov 3, 2023
Format:
Podcast episode

Titles in the series (100)

Concerned with QE's effects on equity valuations? Looking for ideas for your Isa? Or just plain confused by the stock market? Each week, the Investors Chronicle picks apart the latest news for companies, markets and funds in our regular magazine podcasts. Subscribe for these, along with CEO interviews, company-specific shows and special in-depth discussions on big market themes. Hosted on Acast. See acast.com/privacy for more information.