Hsbc Holdings PLC Purchases 16,245 Shares of eXp World Holdings, Inc. (NASDAQ:EXPI)

Hsbc Holdings PLC is a multinational banking and financial services company headquartered in London, United Kingdom. The company operates in over 70 countries and serves more than 148 million customers worldwide.

eXp World Holdings, Inc. is a technology company that provides cloud-based real estate solutions to its clients. The company's flagship product is the eXp Real Estate Platform, which allows users to buy, sell, and manage properties entirely online.

In the 3rd quarter of 2021, Hsbc Holdings PLC increased its stake in shares of eXp World Holdings, Inc. NASDAQEXPI by 134.8%. The firm owned 28,298 shares of the technology company's stock after buying an additional 16,245 shares during the period.

The increase in Hsbc Holdings PLC's stake in eXp World Holdings, Inc. NASDAQEXPI reflects the bank's confidence in the growth potential of the technology company. The eXp Real Estate Platform has seen significant adoption in recent years, with over 100,000 properties listed on the platform as of 2021.

Hsbc Holdings PLC's investment in eXp World Holdings, Inc. NASDAQEXPI is also notable given the bank's history of investing in technology companies. In recent years, Hsbc Holdings PLC has made several investments in the technology sector, including a $100 million investment in fintech startup, LenddoEye.

Overall, Hsbc Holdings PLC's increased stake in eXp World Holdings, Inc. NASDAQEXPI reflects the bank's confidence in the growth potential of the technology company and its commitment to investing in innovative solutions that drive value for its clients.