HSBC Hong Kong shares fall 3.7% intraday
HSBC shares in Hong Kong fell as much as 3.7% on Tuesday as investors assessed its latest third-quarter results. The Hang Seng Financials Index was nearly flat.
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HSBC shares in Hong Kong fell as much as 3.7% on Tuesday as investors assessed its latest third-quarter results. The Hang Seng Financials Index was nearly flat.
J.P. Morgan says HSBC and Standard Chartered have continuing momentum heading into third-quarter results, supported by higher rates and growth in Asia. The bank raised HSBC's 2027 EPS estimate by 1% and kept a preference for Standard Chartered.