HSBC’s share price last week sank to levels not seen in 25 years, as investors become more concerned about a weaker operating environment and the effects of worsening US-China relations on its business. Photo: Sam Tsang
Could HSBC shares, already at historic lows, sink further as US-China relations worsen, investors lose faith?
- Rising US-China tensions, weaker operating environment and slashed dividends are testing the lender’s investor base as it doubles down on Asia
- Bank has lost US$84 billion in market capitalisation since the beginning of the year
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HSBC
HSBC’s share price last week sank to levels not seen in 25 years, as investors become more concerned about a weaker operating environment and the effects of worsening US-China relations on its business. Photo: Sam Tsang