Standard Chartered and HSBC’s main buildings in Central. Photo: Nora Tam
HSBC, Standard Chartered shares trade near two-year highs as investors bet on further interest rate rises to boost margins
- Bank shares have moved up sharply since December as central banks signal additional interest-rate increases as inflation spikes in Western economies
- HSBC, Standard Chartered shares were hit hard in 2020 by restrictions on investor payout
Standard Chartered and HSBC’s main buildings in Central. Photo: Nora Tam