HSBC Holdings PLC has made several announcements and provided market insights in recent times.

HSBC analysts have expressed caution regarding the potential market for driverless taxis in China, stating that it may take years to return a profit. Key points from their analysis include:

• Potential market for driverless taxis in China may be overestimated
• Years may be required for the market to return a profit

In a separate development, HSBC strategists have noted that relentless dollar-selling is starting to resemble a bubble. This may have implications for the global financial market.

HSBC has also announced its decision to withdraw from the Net-Zero Banking Alliance. The bank has not provided a specific reason for this decision.

In other news, HSBC has repurchased a significant number of shares. The bank’s research team has also provided forecasts for Macau’s gaming revenue.

The bank’s stock price has been relatively stable, with a recent close price of around 96.6 pounds.