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flag HSBC reported strong earnings and dividends but faced a stock downgrade from Deutsche Bank.

flag Crumly & Associates Inc. sold 1,258 shares of HSBC Holdings plc, reducing their holdings to 8,028 shares, while Sunpointe LLC purchased 4,261 shares. flag HSBC reported earnings of $1.45 per share, exceeding expectations, and declared a dividend of $1.80 per share. flag Despite these moves, Deutsche Bank downgraded HSBC's rating to "hold." flag HSBC provides banking and financial services globally.

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