Pedestrians walk past an HSBC branch in Central district, Hong Kong, China, on February 19, 2020. Photo: EPA-EFE Pedestrians walk past an HSBC branch in Central district, Hong Kong, China, on February 19, 2020. Photo: EPA-EFE
Pedestrians walk past an HSBC branch in Central district, Hong Kong, China, on February 19, 2020. Photo: EPA-EFE

HSBC

Business /  Banking & Finance

HSBC and Standard Chartered shares plunge after cancelling dividends, suspending buy-backs as coronavirus pandemic batters economies

  • UK banking regulator asked HSBC, Standard Chartered and other lenders to axe planned payments to investors
  • HSBC shares plumb lowest point since March 2009 in Hong Kong trading

Topic |   HSBC
Chad Bray
Chad Bray

Updated: 11:05pm, 1 Apr, 2020

Why you can trust SCMP
Pedestrians walk past an HSBC branch in Central district, Hong Kong, China, on February 19, 2020. Photo: EPA-EFE Pedestrians walk past an HSBC branch in Central district, Hong Kong, China, on February 19, 2020. Photo: EPA-EFE
Pedestrians walk past an HSBC branch in Central district, Hong Kong, China, on February 19, 2020. Photo: EPA-EFE
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