Standard Chartered and HSBC headquarters in Central, Hong Kong on January 9, 2020. Photo: Robert Ng
Investors punish HSBC, Standard Chartered for scrapping dividends, wiping billions off shares and calling for headquarters to move to Hong Kong
- HSBC, Standard Chartered axed dividends, suspended buy-backs after request from UK regulator on Wednesday
- Investors call on banks to move HQ to HK. HSBC says will not revisit issue
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HSBC
Standard Chartered and HSBC headquarters in Central, Hong Kong on January 9, 2020. Photo: Robert Ng