Stocks to Watch in Europe: HSBC, IHG, Engie

The video discusses the performance of key sectors, starting with the UK banking sector, focusing on HSBC's strong pretax profit but concerns over rising costs and FX movements. It also covers the hotel sector, highlighting IHG's performance compared to pre-pandemic levels and its resilience in a recession. Finally, it examines the French energy sector, particularly Engie's growth due to rising gas prices, while noting potential challenges from taxes and price caps.

What was the main reason for HSBC's pretax profit increase in the last quarter?

• Decreasing operational costs

• Rising interest rates

• Reduction in staff bonuses

• Expansion into new markets

Which factor is contributing to the drop in HSBC's stock price?

• Decline in global economic conditions

• Increased competition from local banks

• Rising technology payouts and variable pay for staff

• Decreased market share

How does IHG Intercontinental's current revenue compare to pre-pandemic levels?

• Equal to pre-pandemic levels

• 20% below pre-pandemic levels

• 7% below pre-pandemic levels

• 10% above pre-pandemic levels

What is a significant challenge facing IHG Intercontinental in the current market?

• Increased competition from new hotel chains

• Difficulty in reaching pre-pandemic room booking levels

• Rising costs of hotel maintenance

• Decline in international tourism

What potential issue could affect Engie's financial performance despite its recent success?

• Loss of major contracts

• Windfall tax and energy price caps

• Increased operational costs

• Decreasing gas prices