08:58     JP-HSBC @EC0603<03840> - New Listing                                

    Market participants are requested to note that dealings in the 2006       
    European Style (Cash Settled) Call Warrants relating to existing issued   
    ordinary shares of US$0.50 each of HSBC Holdings plc issued by J.P. Morgan
    International Derivatives Ltd. will commence at 9:30 a.m. on Friday,      
    28/01/2005 under the following particulars:-                              
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    3840            JP-HSBC @EC0603         4,000 units